You may be astonished to realize that retrenchment may occur more than once during the life of the modern day worker. In fact, career advisors report that we could expect to be made redundant up to three times during our working life.
As common as retrenchment is, when it happens, no one likes it. Whatever range of emotions initially emerge – fear, anger, resentment, retaliation, humiliation, disappointment – we should recognise as being quite normal. How we respond and deal with the situation will influence our entire financial future and how quickly we move through these negative emotions.
This article will assist those people who may wonder how to deal with retrenchment. These ten keys will help you move on quickly and re-establish yourself in a productive working environment. Continue reading →