6 ways to help cope with retrenchment

25 October 2015 - 02:00 By Margaret Harris
subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now

In this difficult economic climate, more and more people are being retrenched - 161000 more in the second quarter of 2015 than in the same period last year, according to Stats SA.

Image: IStock

Kay Vittee, the CEO of Quest Staffing Solutions, says: "With salaries being a constant drain on the gross income that companies make, cutting down on the size of the workforce can ease this financial burden for companies that are battling to turn a decent profit due to economic circumstances."

But retrenchments are devastating for workers, with the physical reactions often including burnout, disturbed sleep and depression.

Vittee has the following advice:

• Do not go into denial. Pretending that you have not been handed the "dreaded letter" will not make it disappear. Be honest with those around you, and with yourself;

• It may feel unfair and you may want to know "Why me?", but it is a waste of your time. It is often the luck of the draw who gets retrenched and who survives the cut;

• If you have the resources, take this opportunity to further your education and build your abilities. Get a sense of the types of skills that are in demand and pursue them. You can also volunteer your services as a way of learning something new;

• Spend some time getting your CV up to date and make sure it makes you sound like someone a company would want to employ;

• Go online and check newspaper ads so you can apply for as many jobs as possible; and

• Get your former direct manager to give you a reference letter that explains why you were retrenched and highlights the value you added to the organisation.

subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now