There is a big percentage of the workforce of the USA, which amounted to 87%, saying that they will not lose their good job even after a year. This is actually a good thing, and this is a positive sign that there are continuous improvements in the economy. The unemployment rate today is 4.4%, and this is due to the good administration of former president Obama. Keep in mind that this improvement does not eliminate the possibility that employees can become redundant. You should always be prepared for any kind of situation, especially redundancy. Last October of 2009, the rate of unemployment reached 10%, which was actually the result of the less anticipation of financial crisis last 2008. Whatever the circumstance is, you should equip yourself with knowledge in order to have a good plan. The following are some good tips that you can apply if you will encounter that kind of situation:
First, it is very important to be able to assess the position that you have. You should be able to know if your termination was fair or not. A lot of employers offer severance pay even if it is not mandated in the United States according to the law. You should know that you have a little chance of doing something if you will receive an amount that you have not expected. On the other hand, the law can guarantee that employers still have to go through a specific process in order to decide if who among the employees should be considered redundant. You can actually take your employer to court or sue them if you think that they terminated you because of an unprofessional or unacceptable reason. This situation is quite risky, which will make you fight for your right in the best way that you can,. You should make sure that you will win in order for you not to waste your money and time.
If you just simply want to accept their decision, you should think of a way on how you will be able to support yourself after losing your job. If mortgage payments are giving you a harder time, you must approach your bank in order for you to explain your situation. Your bank might give you a good arrangement if they understand your situation. The thought of selling your very own home might come to you, which you should think well especially if you want to have money on the regular basis. While waiting for the improvement in the market, might as well generate money by letting your rooms be rented.
Always remember that your number one goal is to have a good job again. You must push your limits in order to have a good one. You must learn how to deal with the people who will try to stop you. You can also consider volunteering if you cannot find one as soon as possible.