WORKPLACE
What to do if you ’ ve been made redundant
Redundancy has been on the rise across the retail industry . Here are a few tips to consider if this happens to you .
By Sharon Gerber
I t ’ s no secret that redundancies have been occurring across tech , retail and e-commerce recently – see Catch , Milkrun and The Iconic . Unfortunately , this is nothing new . More than one in four Australians ( 26 per cent ) have had their role made redundant at some point in their working lives .
Various reasons for this can be cited , including concerns about the economic outlook , shifts in business priorities and the need to reduce ongoing costs . But being made redundant is not a reflection of your capability , and it ’ s important for your mindset that you remember this .
So , what do you do if you find yourself in this situation ?
Pro tip
“ Keep [ your profile ] up to date , particularly your basics . Be succinct , connect with people who matter most to you and keep your communication and posts professional . You can still lead with personal stories – people love a feelgood post .”
Lana Slaughter Head of people and culture ,
Ksubi
Brush up your LinkedIn profile LinkedIn is a powerful tool that you should leverage in your job search so that recruiters or prospective employers can find you . Recruiters have access to LinkedIn Recruiter , which you can think of as a more detailed search option than the general platform . Here , recruiters can create a talent pool and build out searches using filters like ‘ open to work ’, role title , companies , industries , and even how recently someone joined LinkedIn .
Recruiters can also access settings that notify them when someone turns on their ‘ open to work ’ status . By activating this and stipulating the role titles of interest to you , you ’ ll enable recruiters to reach out to you directly . Make sure you think of all titles that your role could fall under and list them in this area , such as chief financial officer , finance director and so on .
LinkedIn is keyword-driven , so if there are certain acronyms that are specific to your role or sector , make sure you include them in your profile . Ensure you have listed any systems you ’ ve worked on in the skills section . You may also want to include this information in your ‘ about ’ section so that recruiters are more likely to see your profile if they are seeking someone with specific experience .
Leverage your network Throughout your career , you ’ ve built many industry contacts – but where are they now ?
Again , LinkedIn can be an excellent resource , for tracking down previous colleagues to see where they are working now . These people can be your greatest advocates , and can refer you to roles within their current organisation or provide insight into roles in the market .
72 | www . insideretail . com . au May 2023