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Dealing with Downsizing: How to Prepare

Dealing with Downsizing: How to Prepare
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    It’s awful to hang around an office where everyone knows that job cuts are coming. There’s a sense that everyone’s just waiting for the shoe to drop. No one in the office wants to lose their job and go through the horrors of the job hunt. At the same time, though, no one wants to be the guy left at the end — the guy now doing the work of the ten other people that used to make up his team.

    There’s a benefit to seeing the writing on the wall, though. You know downsizing is coming, and that will let you plan your next move. If you can opt out of the fear that seems to engulf offices on the edge, why wouldn’t you want to?

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    Decide What You Want

    Your first step has to be deciding what you want. Maybe you really enjoy your job — maybe you’re willing to do the work of as many people as necessary to keep your comfortable job. If that’s the case, it’s worth going to your supervisor and informing them of that fact. In my experience, just informing them is enough. Don’t ask for a way to prove it; don’t try to subtly suggest it. If you’re on the ‘Maybe’ list, though, you’ve probably just tipped yourself on to the ‘Keep’ list.

    But the opposite is equally likely. You could be just punching that time clock. Are you ready to move on? If so, don’t wait for the axe to fall. Start planning your escape: hunt for a new job or plan another first step. As soon as you’re ready to move on, approach your boss about negotiating your last few days. If job cuts have been announced, you can probably negotiate for the full severance package they were going to offer. If the plans to downsize are still very quiet, it’s harder to request a severance package but not impossible. Don’t run out the clock, though. You might be surprised to learn that you’re on the ‘Keep’ list when you already had your bags packed. Worse, you might prevent one of your peers who really wanted to stay from doing so.

    Prepare for the Job Hunt

    Even if you’re hoping to stay on, you need a Plan B. When in doubt, looking for a new job is a pretty solid alternative. I’d recommend it even to the folks who are fairly sure of their job security. Nothing, after all, is certain.

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    Everyone knows the standard routine of the job hunt, of course:

    1. Polish your resume until it gleams.
    2. Send out copies.
    3. Network.
    4. Interview with prospective employers.
    5. Land the job.

    There are a few extra steps worth considering, however. Rather than spending all your time perfecting your resume, why not put together a portfolio? A few excellent samples of your work can go much further in convincing a prospective employer than any college degree. And while portfolios used to be solely the domain of artists, they can provide a boost to a host of other careers as well. Are you a software developer? You can use applications you’ve worked on in your portfolio. Are you a house painter? Take a few pictures of houses you’ve worked on and submit them with your application.

    You can also step outside the box on networking. Rather than asking friends of friends if their companies are hiring, it might be worth it to meet people entirely outside your current network. Try going outside your circle of friends: go to Meetups, join clubs and get out of your normal routine. It will up your odds of finding a new position significantly. Think of it this way: other members of your network are sure to work for the same company that’s planning on laying you off. Your connections may have several people asking them about jobs. Best to step out of that situation, if you can.

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    Or Plan Something Else

    Another job in the same career path may not be your ideal next step. There are other jobs besides putting yourself on the job market: you can start your own business, go back to school or change careers. The transition may not be as easy as a job hunt can be, but it can be very gratifying. Knowing that you have a few more days of pay and perhaps even a severance package to help you make the change, though, can make it a little less scary. You have a buffer to write a business plan or submit grad school applications, so why not take advantage of it?

    Don’t forget that there’s no rule saying that you can’t be writing a business plan while you send out resumes, either. You have an opportunity to steer your career right now, and it’s always easier to do now rather than later.

    Either Way…

    No matter what you are planning for your next big step, there are a few smaller steps to take care of in the mean time that can make the whole process easier.

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    • Arrange for insurance coverage. COBRA may be your best bet if you’ll be changing jobs.
    • Look for some work to fill in the gaps, such as freelance work or temp jobs. Most of us just can’t suddenly be without an income.
    • Warn the significant people in your life that change is coming. Your parents, significant other, etc. are likely to worry if you announce that you no longer have a job. You don’t necessarily have an obligation to stop them from worrying, but telling them that you have a plan can do just that.

    Any other recommendations for handling downsizing? Please add them in the comments!

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    Last Updated on November 18, 2020

    15 Tips to Restart the Exercise Habit (and How to Keep It)

    15 Tips to Restart the Exercise Habit (and How to Keep It)
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    It’s okay, you can finally admit it. It’s been two months since you’ve seen the inside of the gym. Getting sick, family crisis, overtime at work and school papers that needed to get finished all kept you for exercising. Now, the question is: how do you start again?
    Once you have an exercise habit, it becomes automatic. You just go to the gym, there is no force involved. But after a month, two months or possibly a year off, it can be hard to get started again. Here are some tips to climb back on that treadmill after you’ve fallen off.

    1. Don’t Break the Habit – The easiest way to keep things going is simply not to stop. Avoid long breaks in exercising or rebuilding the habit will take some effort. This may be advice a little too late for some people. But if you have an exercise habit going, don’t drop it at the first sign of trouble.
    2. Reward Showing Up – Woody Allen once said that, “Half of life is showing up.” I’d argue that 90% of making a habit is just making the effort to get there. You can worry about your weight, amount of laps you run or the amount you can bench press later.
    3. Commit for Thirty Days – Make a commitment to go every day (even just for 20 minutes) for one month. This will solidify the exercise habit. By making a commitment you also take pressure off yourself in the first weeks back of deciding whether to go.
    4. Make it Fun – If you don’t enjoy yourself at the gym, it is going to be hard to keep it a habit. There are thousands of ways you can move your body and exercise, so don’t give up if you’ve decided lifting weights or doing crunches isn’t for you. Many large fitness centers will offer a range of programs that can suit your tastes.
    5. Schedule During Quiet Hours – Don’t put exercise time in a place where it will easily be pushed aside by something more important. Right after work or first thing in the morning are often good places to put it. Lunch-hour workouts might be too easy to skip if work demands start mounting.
    6. Get a Buddy – Grab a friend to join you. Having a social aspect to exercising can boost your commitment to the exercise habit.
    7. X Your Calendar – One person I know has the habit of drawing a red “X” through any day on the calendar he goes to the gym. The benefit of this is it quickly shows how long it has been since you’ve gone to the gym. Keeping a steady amount of X’s on your calendar is an easy way to motivate yourself.
    8. Enjoyment Before Effort – After you finish any work out, ask yourself what parts you enjoyed and what parts you did not. As a rule, the enjoyable aspects of your workout will get done and the rest will be avoided. By focusing on how you can make workouts more enjoyable, you can make sure you want to keep going to the gym.
    9. Create a Ritual – Your workout routine should become so ingrained that it becomes a ritual. This means that the time of day, place or cue automatically starts you towards grabbing your bag and heading out. If your workout times are completely random, it will be harder to benefit from the momentum of a ritual.
    10. Stress Relief – What do you do when your stressed? Chances are it isn’t running. But exercise can be a great way to relieve stress, releasing endorphin which will improve your mood. The next time you feel stressed or tired, try doing an exercise you enjoy. When stress relief is linked to exercise, it is easy to regain the habit even after a leave of absence.
    11. Measure Fitness – Weight isn’t always the best number to track. Increase in muscle can offset decreases in fat so the scale doesn’t change even if your body is. But fitness improvements are a great way to stay motivated. Recording simple numbers such as the number of push-ups, sit-ups or speed you can run can help you see that the exercise is making you stronger and faster.
    12. Habits First, Equipment Later – Fancy equipment doesn’t create a habit for exercise. Despite this, some people still believe that buying a thousand dollar machine will make up for their inactivity. It won’t. Start building the exercise habit first, only afterwards should you worry about having a personal gym.
    13. Isolate Your Weakness – If falling off the exercise wagon is a common occurrence for you, find out why. Do you not enjoy exercising? Is it a lack of time? Is it feeling self-conscious at the gym? Is it a lack of fitness know-how? As soon as you can isolate your weakness, you can make steps to improve the situation.
    14. Start Small – Trying to run fifteen miles your first workout isn’t a good way to build a habit. Work below your capacity for the first few weeks to build the habit. Otherwise you might scare yourself off after a brutal workout.
    15. Go for Yourself, Not to Impress – Going to the gym with the only goal of looking great is like starting a business with only the goal to make money. The effort can’t justify the results. But if you go to the gym to push yourself, gain energy and have a good time, then you can keep going even when results are slow.

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