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Voluntary redundancy;
Redundancy can be a tough blow to take. But, difficult as it may seem, real positives can be taken from the situation as you are presented with the chance to re-evaluate your career goals and face up to new challenges.


Once you've left your job, you may be tempted to sit back and relax for the first few days, but it is important to set a precedent for the rest of the time you’ll be spending in between jobs. You should begin looking for your next job straight away. You don’t know what opportunities are available unless you start looking now. In fact, you should really begin looking for a job as soon you’ve been informed of your redundancy. 

It's natural to worry that employers may be sceptical about hiring someone who has been made redundant. Becoming redundant is not an uncommon phenomenon and there is very little stigma attached to redundancy these days. Most employers agree that it is much better to have one redundancy on your CV than two short-term jobs, both of which you left by your own accord.

There are many reasons for redundancy and, ultimately, being made redundant wasn’t your choice. If you do get questioned on the subject – and it is more than likely that you will – it is best to explain the matter as simply as possible, before focusing on the positives from your time at the company. Bear in mind that being immediately available for a new position is a plus point in itself.

Voluntary redundancy can be viewed as a financially rewarding opportunity, but if you're considering it, take care. It may be offered if an organisation is looking to reduce its number of staff; instead of enforced redundancies, employees are offered the chance to resign in exchange for a healthy redundancy settlement.

This is a more expensive way for a business to reduce its numbers, and long serving employees can often take advantage of this. However, if you apply for voluntary redundancy, it is by no means guaranteed, as it is given at the employer's discretion, and if your offer is turned down it might seriously affect the way your employers view you.