Across sectors there are fears of cost cutting and consolidation. “Most people never predict a job loss,” continues Aruna Sampat of HR consultancy firm Career Catalysts, “and are caught off guard when they get laid off.”

Sampat cuts the jargon and tells you what you should do if you lose your job.

1. Don’t panic

A job loss has nothing to do with performance, or your ability. It’s more about redundancy of your role in the company. Once this understanding seeps in, you will you be able to concentrate on finding a new job.

2. Make a list

Update your resume and follow a daily schedule. Now that you have time on hand, set aside at least five to six hours a day on job hunting – including research, calls, interviews etc. Make a list of the people and companies which can help you. Be specific on how they can help you.

3. Get aggressive

Make sure that you have your detailed resume up on every job portal there is. Some portals you can put your resume are jobstreet.com, monster.com, naukri.com, yellowjobs.com, timesjobs.com, shine.com etc.

4. Talk to other pros

Focus on what kind of job you want. Assess market situation and make your plan. If a role is interesting but the company is not so much a brand name, are you willing for a lateral move, or would you like to take a cut in salary for a brand? Think through. Talking to senior professionals may help to give you a perspective

5. Freelance

Do not hesitate to take up freelance assignments. Look at it this way. You will keep your skills up to date and it will bring home a few bucks. In the meanwhile keep hunting for a job.

6. Be transparent

Most people don’t want to mention they have been laid off. “But hiding it will only complicate things,” continues Sampat, “being laid off is not a taboo anymore amongst companies. They will hire you for your skills.” So be transparent in your next job interview and tell them why you were laid off.

7. No blame-game

Blaming the company or your luck during an interview is a strict no-no. Companies like hiring people with a positive outlook. After all, this can happen to any company.

8. Reference friendly

Make sure that you have all your references ready when you go for interviews and do not hesitate to give them if asked. Inform your reference in advance so that they are not caught unaware and will able to contribute in getting you a job.

9. Network

You have the time to go out, so make use of it. Network like crazy. Nothing has more impact than a meeting. Also make sure you follow up with your contacts so that they think of you the first time an opportunity springs up.

10. Stay healthy

Last but not the least you have to stay fit and keep healthy. Only this will keep you motivated and mentally fit.

“Getting a new job can take time – from a week to several months,” continues Sampat, “but the real test is to stay put in these times and focus on sailing through this crisis.”

Source : IBNLive.com