The emotional costs of redundancy
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UK job cuts
The economic downturn in the UK has led to an
increasing number of people fearing their jobs may be at risk,
according to the Citizens Advice Bureau (CAB). Recent job cuts by
major manufacturers appear to back up this widespread concern, with
car maker Ford recently announcing the loss of 850 jobs across the
country, a figure which represents seven per cent of its total UK
workforce, the BBC reports. Another car maker, Nissan, has also
announced job cuts, with the Sunderland Echo reporting the imminent
loss of 1,200 production post jobs on Wearside alone.
In the last four months of 2008 the CAB has
recorded a 283 per cent increase in calls raising redundancy
concerns, compared to the same period in 2007, leaping from 340
between September and December 2007 to 963 from September to
December in 2008.
Chief executive of the CAB Derek Alcorn tells
the Fermanagh Herald that the loss of a job can have a significant
emotional impact on a person, stating: "Being made redundant can
have very negative effects on a person's self-esteem,
relationships, finances and health."
Emotional impact
That redundancy can be as much an emotional
blow as a financial one is a fact known only too well by Karina
Robinson, who has seen firsthand the impact the loss of one's job
can have on a person's self esteem. Ms Robinson's husband, Kirk
Stephenson, became known as the UK's 'first credit crunch suicide',
after taking the decision to end his life in September 2008. Mr
Stephenson had recently been made redundant from his banking job
with private equity firm Olivant, which was financially affected
following the collapse of Lehman Brothers.
In an article for the Times, Ms Robinson
states: "This was the trigger for Kirk's suicidal crisis and it was
so swift that there was very little time to register how serious it
was."
While Ms Robinson believes the global
financial crisis was only the "catalyst" for her husband's
decision, she claims that in a culture where people are encouraged
to be high achievers, the loss of such status can lead to a crisis
in confidence which, if not addressed, can trigger a decreasing
sense of self-worth, depression and even suicidal thoughts.
Speaking particularly of men in the financial
sector, she tells the Times: "In the credit crunch, as they face,
at best, deep salary cuts and, at worst, redundancy, their
masculinity and sense of worth is being chipped away.
"The depression lies in how they understand
what is happening to them. High achievers don’t blame the
recession. They tend to blame themselves."
Her opinion is backed by deputy director of
service support at the Samaritans, Joe Ferns, who tells the
newspaper: "It is likely that a macho culture of 'survival of the
fittest' makes it more likely that people will choose to define
themselves as a success or a failure.
"It promotes the idea that if you can't cope
then you are weak and therefore have failed in life."
Reasons for redundancy
However, it is not the case that those who are
made redundant have failed at their chosen career, according to Mr
Alcorn, who stresses that there is a vast difference between being
made redundant and being dismissed.
He tells the Fermanagh Herald: "It is
therefore vital to know what your rights are and to be able to
access the complete range of information and advice necessary to
deal with your situation."
According to the CAB, a person can only
legally be made redundant if their job no longer exists or their
employer's workforce requires to be reduced. Those who have been
notified that they are to be made redundant have the right to
expect that their employer will make every attempt to find them a
suitable and equivalent position within the company before letting
them go.
The CAB adds that redundancy should never come
as a shock to workers and those made redundant cannot be left high
and dry financially. By law, companies are obliged to issue
redundancy warnings to staff, and to consult with them at every
stage of the redundancy process, including a sufficient notice
period if a person's job is to be cut. An employee is entitled to
redundancy pay if they have been with the company for more than two
years, the newspaper reports.
Positive steps
For those facing redundancy, Samaritans is
there to provide non-judgemental, confidential emotional
support.
Mr Ferns states: "We must promote the idea
that to face your problems, to seek help and ultimately strive to
overcome those problems is something which denotes courage and
strength, but that there is support available which can help you
find a way through.
"Dealing with problems at an earlier stage can
help to prevent bigger and more far-reaching difficulties."
In addition to talking through feelings of
emotional distress, the Times suggests there are several practical
steps people can take to prepare themselves for the possibility of
redundancy, which may help ease both the emotional and financial
strain should the time come.
Corporate psychologist Ben Williams tells the
news source: "Redundancy will be a reality for many people this
year. How prepared you are affects how quickly you are able to
bounce back.
"Be ready for the worst possible scenario.
Keep your CV updated as a rolling document and prioritise personal
development."
Other recommendations made by the newspaper
include allowing yourself a two to three week period to adjust to
the loss of your job and revaluate what kind of career you wish to
go into next, not letting fear of being out of work put you off
negotiating as good a deal as possible with a potential new
employer, considering offering part-time freelance work in your
skill, and making an honest assessment of you financial situation
and budgeting accordingly for the impact of possible long-term
unemployment.
If you are concerned about the prospect of
redundancy, or have been made redundant and are in need of
emotional support, you can call Samaritans 24 hours a day, seven
days a week on: 08457 909090 (GB), or 1850 609090 (ROI).
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