This archive report was first published on 20 November 2019.
November 20, 2019, was a difficult day for many Kenyan workers as they received the news of being laid off due to hard economic times. The loss of employment has far-reaching implications, affecting not only the individual but also their families and communities.
As the unemployment rate in Kenya continues to rise, it's essential to have a plan in place to manage the transition and find new opportunities. Here are six ways to bounce back after losing a job without bothering others:
1. Personal Level Adjustment ¶
When you lose your job, you experience a significant loss of identity, status, and benefits. It's essential to acknowledge and accept this change, rather than trying to wish it away. You can use affirmations like 'one door is closed, another one will be open' to help you cope with the loss.
Take time to reflect on your strengths, skills, and experiences. Identify areas where you need improvement and seek professional help if needed. This will help you adjust to your new situation and create new options for earning a living.
2. Participation of Family Members ¶
Family is often the first line of support during a crisis. It's essential to involve your family members in the decision-making process, especially when it comes to financial planning and childcare. Discuss the implications of job loss with your family and work together to find solutions.
Encourage your family members to participate in the decision-making process, and involve them in the planning and execution of your new plans. This will help you build a support system and reduce the burden on your family.
3. Management of Terminal Benefits ¶
When you lose your job, you may be entitled to terminal benefits, such as a lump sum payment. It's essential to manage this money wisely, as it can be easily exhausted if not planned properly. Consider saving some of the money in a fixed deposit account or using it to invest in your future.
Take time to review your financial situation and create a budget that accounts for your new income. This will help you manage your finances effectively and make the most of your terminal benefits.
4. Shelter Considerations ¶
When you lose your job, you may need to adjust your living arrangements. Consider shifting to an affordable house or relocating to a new area. If you're living in a staff quarter, you may need to relocate within the urban area or return to your rural community.
If you don't have a house in the rural area, you may need to construct one to meet your family's shelter needs. This will require careful planning and budgeting, but it's an essential step in securing your family's future.
5. Searching for a New Job ¶
After losing your job, it's essential to start searching for a new one. Update your CV and market yourself to potential employers. Consider networking with former colleagues, friends, and relatives to find new opportunities.
Take time to reflect on your skills and experiences, and identify areas where you need improvement. This will help you create a strong job search strategy and increase your chances of finding a new job.
6. Starting a Small Business ¶
Starting a small business can be a viable option after losing your job. However, it's essential to approach this option with caution. Consider acquiring business skills from training providers or credible mentors to help you succeed.
Take time to reflect on your business ideas and create a solid business plan. This will help you identify potential risks and opportunities, and increase your chances of success.
By following these six strategies, you can bounce back after losing a job in Kenya without bothering others. Remember to take time to reflect on your strengths, skills, and experiences, and involve your family members in the decision-making process. With careful planning and budgeting, you can find new opportunities and secure your family's future.
