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Being Laid Off and Pay Cuts Sucks!



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By : malcolm Ivinson    29 or more times read
Submitted 2010-08-18 23:24:08
Being laid off, if it happens to you really sucks but it may be one of the greatest things to come about in your life. OK, at the time you feel absolutely terrible and can be scared of the future. You look around and wonder where your next appointment is going to come from. Other businesses and companies in your sphere of competence all look to be down sizing or else making cuts also there is gloom and doom all over. The account all around appears to be of people being laid off along with compensation cuts.

A lot of people, when being let go, feel for some reason ashamed and as though they have let their family down when in reality, most of the time, it has nothing to do with them or the quality of their work. In today’s fast moving money-making world, profession as well as situation change will come to pass a number of times in our working life. Being laid off is now just part of the occupational cycle. A further understandable consequence is to get angry and that is only natural. The thing is not to get bitter or take it like a personal insult. Like they exclaim in the ‘Godfather Films’, “It’s not personal, it’s just business.” Consequently don’t be bitter. Just move on with your life.

If you can, take a holiday and have a vacation even if it’s just for one day. Stop thinking about your state of affairs and just enjoy yourself and have some pleasure for the reason that you deserve it! To get the best out of this psychological technique you need to guarantee yourself and your loved ones that at the finish of your break, the day following, a new chapter of your life begins.

Your new phase needs to start with a thorough assessment of where you are right at the moment. How long will your funds last? What are the priority payments you have to make? Is there economic support anywhere? A good idea is then to draw up a budget plan and stick to it. It’s simple to say but worry doesn’t help. Effective action will . Ask and answer these straightforward questions: Where am I now? Where do I want to go? How do I get there?

I’ve read reports in relation to being unemployed and they talk about ‘finding out what you really want to do ‘ and then pursuing that. That may be OK for a few but most are in the position that they need a job and fast! They need to pay the mortgage or the rent and the youngsters require new clothes etc.

My viewpoint is that on this first day of your new chapter in life, you need to believe that your work is finding a job. Period. Certainly there are chores around the home you could do but that will not acquire you work, will it. Put aside five or 6 days a week to look for work eight hours a day. That is at this time your work. Despair and self-pity will not find you employment. It will simply decrease your probability.

On this your first day of the latest point in your life your first task is to ask yourself, “Who do I know who could aid me in some way, however remote, to search out work.”

I’ve been laid off 3 times in my working life and it sucks. The worst was dreadful but it was one of the finest things to happen to me. I was married with two children and living in a tied house and I got fired with no more than a weeks compensation on severance. I had no cash, no occupation and had to leave the house within a month. I visited the unemployment office and they had nothing for me. So I looked for ways to earn a income and racked my brains as to who may perhaps help me.

About 3 months prior to being fired I had taken out a life assurance plan to protect my wife and kids. While looking at the policy and trying to figure out how to meet the payments it dawned on me that perhaps I could sell life assurance. I didn’t know anything regarding it but I made contact to see if this person could help me. The outcome was that I was employed as a life insurance salesman on a salary and I was able to raise a mortgage to acquire a home quickly so I could move out of the tied house into one of my own.

From outward disaster a new beginning dawned plus a new job at which I was very successful. Looking back of course it all appears so uncomplicated but at the time, I have to admit, it sucks.


Not working in today's financial climate is testing and it is difficult to keep your spirit up and have your priorities right when you have been cut. Enthusiasm to get back out and look for work initially may be high but after a few rejections it starts to get whittled away. The answer is to on no account give up and to constantly be looking for things you could do that you never thought about before.
Author Resource:- Malcolm Ivinson publishes a website on How to make money from home businesses
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