After A Job Loss, What’s Next?- 2

Many people handle job losses badly. Quite often, some are not prepared when it happens. The best way is to have an exit plan from the first day you start work. The best employee can be fired anytime. Have that at the back of your mind always.
COVID 19 happened to all of us and the economy of many lie in ruins. Some jobs have disappeared forever.

So what can you do when you’re faced with this precarious situation. I’ll continue from where I left off yesterday:
3. Take stock of your contacts

Searching for a job can be very tasking. In the midst of serious competition and with few jobs available, getting a desired job role often requires more than your skill set.
It often requires the ability to be able to leverage on relationships that have been built or exists. Your ability to connect to others and maximize your relationship with them can often be the difference to quickly snapping up a job,
getting interview appointments or even getting startup capital for a business.

I once worked with a younger colleague who was given a very handsome sum of money to start up a business by a client when he told the client he was leaving the job.
Another was allowed to work with his client for six months, drawing salaries, until he got a job. This is one of the reasons relationships are very important. Be careful how you treat your customers.
I usually tell people that when you serve others well, you’re actually building a bank of goodwill for yourself. You may need to draw from that bank later.
Take stock of your contacts. Who do you know? Connect with your network. If you belong to social clubs and associations, leverage on them. This is why I subscribe to folks belonging to and being actively involved with clubs like Rotary, Lions and others.
Get involved with your alumni association and your social connections. Never underestimate the power of your network.
4. Revamp your CV

Since you’re now in the job market, your cv has to be reviewed. Update your resume with your skills. Match your qualifications with the jobs you’re applying for. Check your CV to ensure all the information is captured appropriately.
Curriculum Vitae has its root meaning from a Latin word which means ‘course of life’.
Your CV is a snapshot of who you are and what you have done- a summary of your background, experience, education, achievements, awards and other activities that may be taken into consideration when looking for a job.
Your CV is the first thing a prospective employer sees before seeing you. Oftentimes, many employers have formed their impression about the candidate based on their CV even before the in-person interview.
It is therefore important that it should be well laid out with no typos, errors or spelling mistakes. I have interviewed candidates with errors in the way their names were written on their CV.
Ensure that you review your CV for correctness and accuracy as all errors therein are strictly yours even if a third party produced it for you. When a candidate gives out such a CV, you create the impression of not paying attention to details and being disorganized.
5. Update your LinkedIn Profile and Clean Up Your Social Media

You’re most likely to be checked out on LinkedIn first before any other social media platform. Spend time connecting on LinkedIn. Use a good professional picture. Update your contact information.
List your relevant skills. Get endorsed by others. Most importantly, engage on LinkedIn. Be active on LinkedIn. Follow relevant influencers.
You should use your social media to build bridges especially now that you may need a bridge to cross over to the next phase of your life. This is why I often pity toxic people on social media. What if you come to an interview with someone you have trolled?
Clean up your social media because many employers now conduct background checks.
6. Get references

I once got a job because a colleague at work referred me to his former boss. He had given me a note on his call card and asked me to take it to his former boss. I did and the former boss interviewed me on the spot. I was hired after going through the process
Think of those who can give you references. Select good names in your network and approach them for their consent. A good reference can open the door. Good references work especially in situations where the referee knows key contacts in the organization you’re interested in.
Many get jobs because someone put in a word for them. Sometimes, it can even be a former boss. Or a colleague.
Can someone put in a word for you?

I’ll continue tomorrow.

Bayo Adeyinka

@threadreaderapp unroll
Do you have my books? Send a DM to @Rovingheights to get your copies.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Bayo Adeyinka

Bayo Adeyinka Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @greaterbayo

26 Mar
After A Job Loss, What’s Next?- 3

The first thing most organizations do when their profitability projections don’t work out again is to cut their cost. The major cost for many businesses is cost of operations and a big sub-heading is staff cost.
This is why there were so many job losses post-COVID. The stats for recent job cuts due to COVID are really dire:

Turkish Airlines cut pay by 55%
Deutsche Bank started a redundancy programme
Uber cut 3,700 jobs and shut 45 offices
Airbnb cut 25% of its global workforce
Bombardier cut 2,500 aviation jobs
British Airways cut 12,000 jobs

In Britain, the number of finance professionals seeking new jobs rose by more than 40% in the first quarter of 2020. I read a Forbes report that said 42% of all coronavirus job losses will be permanent.
Read 18 tweets
23 Mar
After A Job Loss, What’s Next? - 1

I’m writing this tonight because I read a response to my last post on soft skills where a respondent said he lost his job today. Losing a job can be a very traumatic experience.
No one wants to lose his or her source of income- no matter how little it may be. A job loss means there are no more paychecks- at least for now- yet the bills will not stop coming. The rent will fall due. School fees will come if you have kids.
This is a period many fall into depression and don’t know what to do. COVID 19 took away many jobs and sources of income. A job loss however, should not be the end of the world. There are certain actions one can take to handle this temporary situation well.
Read 15 tweets
22 Mar
Your Career Is Not Just About Your Hard Skills...Soft Skills Do Matter

The higher you progress in your career, the more you understand that your career is not all about your hard or technical skills.
I usually tell people that any company or organization can buy hard skills- that's not difficult to get as long as they can afford them. This is why I believe no staff is indispensable no matter how good they are.
If anyone has their skills in the market, they can be 'bought'. There is someone somewhere who can do what you do and maybe even better.
Read 30 tweets
25 Feb
Latest Update on Jobseeker Initiative Thursday Feb 25

We got 3 additional donors who contributed a total sum of N160,000 between yesterday and this morning. I am very grateful to them for their kindheartedness. May the Lord surprise them too.
There were 6 beneficiaries yesterday and a total of N50,000 was disbursed to them. 3 of them benefited from the fund set apart for new employees who need fare until their first paycheck.
In all, we have had 23 donors to this initiative. Total amount donated to jobseeker initiative is now N543,750. I have disbursed N195,700 to 36 beneficiaries.
Read 9 tweets
24 Feb
If N20,000 Will Help You Start A Small Business, This Is For You

I got a message inbox yesterday. It was an unexpected message from someone who had known me from my undergraduate days. She was my junior and we had never spoken before until yesterday.
She saw the post on JobSeeker Initiative and noticed a particular comment from a woman about those who want to do small business. She was also moved with the plight of those who want to attend interviews but have no decent dress.
She took action and sent the sum of N160,000 to be distributed as follows: N120,000 for small businesses and N40,000 for outfit for interview. I am still shocked at the benevolence of this lady and it is my prayer that God will surprise her. She asked to remain anonymous.
Read 12 tweets
24 Feb
Update On The JobSeeker Initiative

We got 6 additional donors who contributed a total sum of N221,750 today. This is inclusive of the N100,000 donated by my friend who stated it was for those who just got a job and need some amount as fare till they receive their first paycheck.
Out of this N100,000 for new employees, N80,000 was disbursed to 11 people. They were all verified based on the criteria set out. Consequently, that particular fund has a balance of N20,000.
An additional 5 people got funds for either transport or data from the other fund for jobseekers who have Interviews. Total disbursed under this category was N20,000.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!