As shell-shocked as you are, when you’re handed that pink slip it’s hard to think about moving on. Much less what to do next. Especially when the ink on your pink slip isn’t even dry yet. Risking sounding Pollyannaish, I’ll say it anyway. It could end up being one of the best things that’s ever happened to you.

What should you do now?

Unfortunately, no one is immune to losing a job in todays unique economy. Even the best. And current statistics show few employees staying with a company long term; or even reaching retirement with a company they started out with. And whether it’s planned, you knew in advance you’d be downsized out, you can never plan enough.

First things first. Before thinking about moving on, it important - for many reasons - including peace of mind, to determine how you’ll handle paying bills and other personal situations. Next apply for any and all available benefits. Such as unemployment. Check into available medical and/or insurance benefits available. Check on the status of your 401k, if you have one. And any pension plan. Because once you’ve at least done that, you can begin to give a thought to how you’ll move on.

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This entry was posted on Friday, July 25th, 2008 at 10:30 am and is filed under Article added, Starting a Home Based Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.