Has the Coronavirus (COVID-19) caused you to become Redundant? Here's what you can do next.
What is Redundancy?
Redundancy is a form of dismissal from your job. It happens when employers need to reduce their workforce. If you are being made redundant, you might be eligible for certain things, including
- Redundancy pay
- A notice period
- A consultation with your employer
- The option to move into a different job
- Time off to find a new job after being made redundant
If you're being made redundant, speak with your employer and see what you may be eligible for and for advice on what your next steps should be.
I've been made redundant because of the Coronavirus (COVID-19), what can I do now?
If the Coronavirus (COVID-19) caused you to become redundant, your employer might be able to re-employ you and pay 80% of your wages.
If cases in the UK worsen and your employer cannot sustain their workforce because they have been drastically affected by the Coronavirus (COVID-19), as an employee, you can be put on furlough and apply for a grant to cover a portion of your usual monthly wage costs.
What is furlough?
Furlough pay refers to the wages paid to workers who have been furloughed due to the coronavirus (COVID-19). Employers make furlough payments to their employees through their payroll system and can then claim the money back from the government through the coronavirus Job Retention Scheme.
Whilst on furlough, it is important you do your part and search for jobs, whether it be in a field you're already experienced in, or something new! Following your redundancy, If finding a job that requires you to leave your house to work is too difficult to find, the government has introduced jobs that require you to work from home.
Stay in contact with your employer
If possible, your employer may even be able to refer you to another branch of your workplace, or a company the company you already work for is linked with. Point is, don't stop looking! There will always be something available as long as you are doing what needs to be done. Being made redundant doesn't mean it's the end of the world - it's only the beginning!
Why not venture out and start something completely different? Self-Employment rates have risen throughout the Coronavirus Pandemic (COVID-19), implying that people are using their time out of work to start their own businesses. Grind for something you're passionate about. Redundancy is just another door waiting to be opened to let more opportunities occur. As well as the Coronavirus (COVID-19), it's no excuse to sit back and let it waste away your days. Make use of the time you have, build up your own experience and let your innovation flow!
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