Life After Redundancy

25 Nov

Life After Redundancy

Redundancy.  A scary word whatever point of life you are at.  Gone are the days of having a “job for life”.  But redundancy doesn’t have to be seen as a negative thing, it could be the opportunity you need to follow your dreams.  It might be a chance to go travelling, to move house, to find a new job in a different industry, or you might even want to start up your own business.  With the growth of the Internet and social media, it is becoming easier for anyone to start a business and market to customers near and far.

Here are three stories of people who were made redundant and started their own businesses.

  • Jayden had been working as a Facilities Manager for several years when he found out that he would be made redundant. Rather than let it get him down, he used his redundancy payout to set up a shop, selling vintage furniture and other items, many of which he upcycles himself.

“Redundancy has turned out to be the best thing that ever happened to me. Without it I would never have taken the leap and followed my dream to have my own shop.”

The Bloody Chic Of It, Teignmouth http://www.facebook.com/TheBloodyChicOfIt

  • Vicci graduated with a degree in Graphic Design, but found employment outside of the industry.  It was only ever meant to be an interim role, but seven years later she was still there.  Then came the news that she would be made redundant.  Once she got over the initial blow, she realised this was her chance to follow her dreams.  She set up her own greetings card company, with shops on Etsy and Folksy, and a page on Facebook.

“It’s been a roller-coaster and I can honestly say I’ve never worked so hard BUT it’s all for me, for the future and for my dreams. It’s certainly not easy but every sale and every happy customer makes it all worthwhile.  My redundancy was a blessing in disguise, it gave me the opportunity (and funds) to start something amazing and I couldn’t be happier with my decision to just go for it! If you don’t try, you’ll never know and may always be asking yourself ‘what if?’”

Simply Lovely, Cumbria www.justsimplylovely.co.uk

  • Ganga was working for ChildLine SouthWest in an admin role when pregnant with her first child. Two months after her birth the branch was closed down due to government cuts and all staff were made redundant.

“I had not been working there long enough to qualify for redundancy pay, so when my maternity leave was over I had to sign on to Job Seekers Allowance.  However this turned out to be a real blessing as it enabled me to access the New Enterprise Allowance scheme which has helped me start my own business.  I am doing freelance admin, which I’ve wanted to do for a long time, and it allows me to be at home with my daughter watching her grow up – something that probably wouldn’t have happened had I not been made redundant as I would have felt financially obliged to return to work.”

Eclipse Admin Services www.facebook.com/EclipseAdminServices

For more information:

If you are made redundant you can get information about your rights under the Employment Rights Act 1966 from:

• The Advisory, Conciliation and Arbitration Service (ACAS) on 08457 47 47 47 or go to http://www.acas.co.uk

• Citizens Advice http://www.adviceguide.org.uk

• Department for Business, Innovation & Skills at http://www.berr.gov.uk/ or their helpline number 020 7215 5000

• Insolvency Service Redundancy Payments Office if your employer is insolvent or has not paid you a redundancy payment. Phone 0845 145 0004 or go to http://www.insolvency.gov.uk

• Trade Union Congress (TUC) at www.tuc.org.uk

Source: hmrc.gov.uk

Are you at risk of redundancy?  How can you make the most of your opportunity?  If you are considering starting your own business, check out Opportunity Plus UK’s great range of Business Start Up courses.  www.opportunityplus.org.uk 

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