What To Do If You Get Laid Off

So what do you if you think that you are going to get the dreaded pink slip at work? Well it is not a major surprise anymore. Typically companies fire the advanced warning that lay-offs will occur. If this happens to you or you suspect it is going to happen, it is important to take immediate action. Simply, you have to go to work.

1) Determine your staying power – Know the bare minimum that you will need to get by each month.
2) Determine what income will be coming in and for how long.
3) Obviously you want the best possible highest paying job. However, determine at what cost you are willing to pay. You can only hold out so long. At some point, you might have to take a lower paying job. Determine that timeframe up-front.
4) Determine what you will do with your retirement plan – It is important to roll this over to an IRA.
5) Resist taking some time off - When a lay-off occurs you have to go to work immediately finding a new job. Develop a game plan and make a list of everyone you know that might be able to help you.
6) Most importantly, stay in constant prayer and resist the temptation to worry. Getting laid off can be a scary proposition. Always remember that God is and will always be in control. He has a will for you. It is your job to trust His will and do your part by working as hard as possible to get another job.

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