Manage Your Fear Of Losing Your Job

How To Manage Your Fear of Losing Your Job

By: Stan Popovich

Do you ever wonder what you would do if you lost your job?

Losing your job can have implications for your health and for your family.

Here are some ways to manage the anxieties of finding another job:

How To Manage the Fear of Losing Your Job

It is good to be prepared in case you unexpectantly lose your job. The better prepared you are, the easier it is to find another job. Here are some tips that can help manage your fears:

1. Self-assess: The first step to overcoming your fear is to assess whether your fear is legitimate. Ask yourself whether there is any evidence to suggest you may lose your job. For instance, your manager might avoid you or your major responsibilities at work may decrease. If you find no legitimate reasons, try to relax and contribute to your organization as best you can.

2. Embrace flexibility and adaptability: Recognize that change is a natural part of your professional life, and the ability to adapt enhances resilience in the face of uncertainties. If something does happen, look at it as an opportunity to improve your current situation.

3. Take control of your career: Do not rely on your current employer for a job. It is important that you take control of your career rather than relying on others. The key is to have valuable skills and job experiences that will help you be employable to other companies in your field. Get into the habit of updating your skills in case something happens. 

4. Manage your finances: Develop a budget to manage your expenses and save some money on a regular basis. Pay off your credit card bills and get rid of your debts. This will save you from paying all that interest. There are many financial counselors you can talk to that will help you develop a plan to manage your expenses.

5. Learn how to do a job search: It is important to have a great resume and know how to network to help find another job. Career counseling services can provide guidance and support in navigating job loss fears. They can help you identify transferable skills, explore alternative career paths, how to deal with difficult clients, and develop strategies to enhance your employability.

6. Tap into development opportunities: Many companies offer professional development programs for their employees. Take advantage of these opportunities to enhance your skills and stay relevant in your field. Consider attending workshops, webinars, and pursuing additional certifications.

7. Learn how to manage your worrying: It can be difficult not to worry about becoming unemployed. Instead of getting sick with worry, try to think of the positive things in your life. Take things one day at a time and try not to predict what may happen down the road.

8. Talk to a mental health counselor: Some mental health professionals may know of some government programs that can help you with your finances if you lose your job. A mental health counselor can also give you advice on how to manage your fears and anxieties.

How You Can Find Another Job

1. Determine your interests: Find what you like to do and find a job that will match your current skill sets and work interests. You’re better off finding a job that you enjoy doing and where you can get some relevant job experience that can be used down the road.

2. Update your skills: Learning a new skill could be the key to finding another job if you lose your current one. It’s important to get into the habit of improving your skills on a regular basis. If you do not have enough job experience do some volunteer work. A few hours a week can give you some relevant job experience which you can put down on your resume. 

3. Apply to small companies: Many large companies get tons of job applicants when a position opens. This reduces your chances of getting a job because you will lose out to someone who has more experience. The trick is to apply to companies that have less than a hundred employees, which will give you a better chance of getting the job you want.

4. Contact department managers: Find the manager in charge of the department you would like to work in and try contacting them. Focus your efforts on contacting the managers who have the power to hire you rather than relying on Human Resources.

5. Continue to network: Ask your friends and relatives if they know of anyone who would want to hire you. Find a job search group that can show you how to create a resume and how to network.

6. Expand your horizons: If you can’t find a job in a particular field, then find something that might be similar. The more companies you can find that use your skill sets, the better the chances you will find a job. Expand your horizons when it comes to finding places that use your job skills.

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