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How to Use Redundancy to Your Advantage

When it first happens, having your position made redundant will feel like the end of the world.

But here’s something that probably won’t occur to you until a few weeks afterwards – it isn’t. In fact, it could be the chance to find an even better job.

Company restructures are a regrettable part of the modern job industry, and redundancy doesn’t discriminate.

There should be no stigma attached to having your position made redundant – it’s not a reflection of your talents – but it is tough to deal with.

But there are several positives to consider when redundancy hits. We’ve come up with a few that’ll brighten your perspective and make your hunt for new employment that little bit easier.

1. You’ve got the luxury of time

One of the most common adages attributed to the job hunt is that, if you do it properly, it can be a job in itself. But while searching for a new position when you’re already in a fulltime role is a struggle, if you’re not working you have more time to devote to it.

Wake up early, hit the vacancies page on our website and finesse your application until you feel it’s perfect for the job you’re applying for. With the extra time you’ll have to put into your application and preparation for subsequent interviews or Assessment Centres, you have a really good chance of outperforming someone restricted by the needs of a fulltime job.

2. You don’t have a notice period

Picture the situation: you’ve managed to get a job interview, and you’re down to the last two applicants. You’ve both got similar qualifications and experience, and the interviewers have largely the same opinion on both of you. But you’ve got one advantage over your competition. You don’t have a notice period to work, so you can start making profits for the new company as soon as possible.

This is a real advantage, so make sure your prospective employer knows that you can start work pretty much straight away.

3. You’ve got a strong network

The pharmaceutical sales industry is about making connections, about who you know and how much they’re impressed by your pitch. So when you find yourself out of work, contacting the people who know you’re great at your job could be the perfect way to climb back on the ladder, maybe even a few rungs higher than you were in your previous job.

If your direct contacts aren’t aware of any current opportunities, then check out your LinkedIn connections or head to a few face-to-face networking events to see what opportunities await you.

4. You’ve got space to develop

Redundancy isn’t the end of your story, but the beginning of a new adventure. And with a wealth of time on your hands, you’ve got the perfect opportunity to learn a few new skills that will see you thrive in the marketplace.

Why not take an afternoon off from the job hunt every now and again to focus on a skill you feel will be beneficial to you? Not only will this be a great way to learn something new and take stock, but it’ll also help you prioritise your job search to match your interests and skills.

To find plenty of job opportunities within the pharma and healthcare industries, connect with us on LinkedIn for a huge variety of vacancies and employment resources.