Career

Living in Fear of a Job Layoff? Beat the Panic With a 7-Step Plan

By ACHNET Inc | May 6, 2020
Career| Achievers Network

Dealing with layoff scare during a pandemic can be difficult but not impossible. So, what can you do to overcome the fear? Here are some valuable tips from our internationally certified life coaches that can help you come out from layoff fear and anxiety.

1. Create an impressive video resume to make you stand out from the crowd

Your resume tells your story, and you always want to make it the best. Go ahead and add a smart video resume to power boost your visibility score. Having an impressive video profile sets you apart from your competitors, attracts recruiters, and increases your rate of getting hired.

2. Have a layoff back-up plan

Having a layoff back-plan can keep you prepared for any potential job loss. This way, you will automatically know what your first step would be. Start exploring new job opportunities and regularly update your profile on job portals. Have a part-time job in hand to ensure you continue earning at least a small amount even during the job loss period. It could be your family business.

3. Identify Your Emotional Triggers

Find out the emotional triggers attached to your layoff fear and gradually work through each of them. For instance, many people fear that being jobless means your friends might avoid you, your spouse might think you are incapable, or you might get crushed under debts. Cutting down your emotional triggers can help keep you highly motivated.

4.Update Your Skills

We all know that knowledge is power. Use it as the best weapon to blast your fear of being laid off. Enhance and update your skills to stay ahead in the competition. Find out what skills are employers looking for and hone the required skills.

5. Strengthen Your Professional Network

Strengthening your professional network will help you to stay connected with your colleagues, develop new connections in your industry, sharpen your skills and help you keep a pulse on the market trend which can greatly help build your self-confidence.

6.Make Your Financial Plan

In-case of any job loss, it can take a few months to get hold of a new job. Making a financial plan can help you survive during the layoff period. You will be clearer about your budget and be able to pay your monthly bills and expenses. Consider putting an emergency fund in place so you do not have to struggle hard during unexpected hard times.

7. Seek the guidance of the life coach

Living with layoff fear can be extremely stressful; making you depressed, and affect the quality of your life. A life coach can help you overcome the fear and stress of being laid off. They work to understand the root cause of your problem, provide workable strategy and solution accordingly, help ease your anxiety, and ensure peace of mind. Seeking the guidance of a life coach can help you view and approach tough situations from a positive angle and transform the quality of your life.

Layoff fear is rational. Make sure you defeat it to rise in your career. Members on the Achievers Community support each other in overcoming various life challenges. Many of the Achievers were able to beat the job loss fear with valuable tips and guidance received from the community members. Get to know the inspiring success stories of our Achievers who are not letting layoff fear hamper their quality of life.

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