building resilience: life after...
TRANSCRIPT
Building Resilience: Life After Retrenchement
Retrenchment is devastating for the people losing their
jobs, as well as the people remaining in the
organisation. This programme assists retrenched
people:
- deal with their changed financial situation,
- take stock of their life and future career,
- develop income replacement streams.
Offering the programme shows the organisation cares
for its people, particularly those it is forced to retrench.
This two-day workshop consists of 4 sections:
1 Dealing with your finances
Delegates need to make wise decisions about their
altered financial situations, which is usually facilitated
by Old Mutual Financial Advisors. They don’t push
products – they give impartial financial advice. The
content of the module includes a review of where their
money was spent before retrenchment, budgeting and
options to handle their retrenchment package
B uilding R es ilienc e: L ife after
R etrenc hment
2 Career goals and income strategies
Retrenchment forces re-appraisal of one’s life
aspirations and career goals. What does the person
enjoy doing; what are their strengths; how can they
create an income? These and similar questions provide
a foundation for thinking about the next stage of their
lives, setting career goals and income generating
strategies.
3 Re-entering formal employment
For people with scarce skills and experience, an option
is to re-enter the employment market. This is however
sometimes a daunting prospect, particularly if they
have been employed by a single employer for a long
time. Topics dealt with are: How do I create a
professional looking CV? What should I say about
being retrenched? Should I use a recruitment agency –
what do they look for? How do employers make
decisions on who is the best candidate?
4 Starting your own business
For many people who are retrenched, starting their own
business will be a logical and sometimes their only
option. Critical for them is to understand their market,
pricing and their competition. In addition,
understanding basic business finance could be the
difference between making a profit and making a
loss. The basics of starting a business and buying a
business are also covered.
The outcome: Delegates understand the realities of
their financial situation, have reviewed their career
options, and have developed strategies to replace their
income stream. They see life after retrenchment.
For more details contact Rod Warner:
082 456 819
www.buildingresilience.co.za