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Evelyn Oluwole: From Redundancy to Promotion!

Evelyn Oluwole

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It starts with a meeting in the diary from your manager with no subject line. At the meeting an HR staff is present, everyone looks friendly but firm… a little too serious. Your manager says, “As you know, there has been a restructuring of the team” or “as you know, the company is going through some vigorous changes” or “following the merge, your role is now at a risk of redundancy”

I know this well, because I have experienced it; and the truth is that it can have a massive dent on your confidence. Questions flying in my mind at the time were 1) why me? 2) Am I not good enough? 3) How embarrassing 4) I cannot believe it is back to the drawing board! – If you are nodding because this is happening to you right now or it has happened then I am here to tell you this is the best thing that can happen in your career.

These are my tips to moving from redundancy to promotion.

Call your lawyer
Do not sign up to anything until you have met with a solicitor. This is to ensure you negotiate a good package: every redundancy comes with a pay-out. It can range from 1 weeks’ pay to 1 year.

Take a week to reflect
This may be the first time you are experiencing time off so you need to think about what you want to do. Does your pay-out allow for you to take a break from work for a while or do you want to consider a new career? Think carefully.

Explore everything
It’s like starting again so look at all options; from roles outside of your industry, to becoming an entrepreneur.

Register with recruiters
Find four recruiters that specialise in your industry, and meet with them so they understand exactly the kind of jobs you are looking for.

Learn a new skill
Thank God for online courses; they are opening a new world of knowledge right at your fingertips. ‘Udemy’ is brilliant and has over 50,000 courses, so get learning!

Keep reading
Make sure you are in the know. This is not the time to wallow. Make sure you have signed up to all the industry news.

Update your LinkedIn profile
Make sure you are on it daily, liking, sharing and commenting (read my article on building your LinkedIn status). You want your profile to come up in searches.

Invest
Depending on the amount of money you receive from your pay-out you should absolutely invest. Research on Stocks, Real estate, and make the pay-out you got work for you.

Start your side hustle
This is super close to my heart because I decided to create my TV show when I was made redundant. With no job in tow I thought to myself, what do I love and what is lacking? and that’s how Nigerian Top Weddings was born. What do you love doing? Start it now.

Do not stop
You are doing good, keep going. It won’t be easy but when you look back you will realise you have truly been promoted.

Photo Credit: Dreamstime

My name is Evelyn Oluwole and I have over 15 years experience in media sales creating marketing solutions for some of the biggest brands in the world. I am also the founder of Nigerian Top Weddings launching in 2018! I have a deep passion to ‘Take over the world’ and I believe that we can do it. Knowledge is power!

5 Comments

  1. teeteepretty

    November 17, 2017 at 12:00 pm

    Waoooooooh…Nice one

  2. Mz Socially Awkward....

    November 17, 2017 at 1:22 pm

    The dreaded “R” word. Or at least, depending on how much your pay out is likely to be. I do agree with you – redundancy, as bleak as it is (and I’ve been there, so I should know) can serve as an unlikely medium to promotion (I’ve also been there). For me, the pay out at the time was nil as the company was downsizing and it was cheaper to lay off staff who hadn’t been employed for up to 2 years; therefore I couldn’t claim anything more than payment in lieu of notice..

    Question for whoever has the answer – I’m very curious about what the reality is in the Nigerian workspace.

    Does the law prescribe statutory redundancy payments to protect employees?

    Or is it silent on the issue, which is simply decided by your contract?

  3. Big Tee

    November 17, 2017 at 4:41 pm

    In most MNCs, once you receive an email to back up your work in the central folder because “We are trying to ensure knowledge sharing among functional teams”, your time in that role is almost up.

    • Sim

      November 17, 2017 at 9:51 pm

      You can’t say “most” MNCs because I’ve worked at 3 major MNCs in Nigeria, been through one redundancy and never heard of this being done before. So it’s clearly from your very limited personal experience

  4. Sim

    November 17, 2017 at 10:08 pm

    Been here, fortunately it was a solid organization and I had worked there >4 years so I left with a pretty good severance package. However, it is not a great feeling/situation to be in. At all. That bottom pulled out from under your feet feeling is one I never want to have again. I was fortunate I was alright and had no dependents.

    I like how practical your tips are for the Nigerian market, apart from “register with a recruiter”? How does one find “Great” recruiters who aren’t working for an organization already? I wonder. I did reach out to recruiters on LinkedIn when I found open roles though, some answered, some didn’t. I was extremely fortunate to find a job via my networks in another fantastic organization, not in the role I want yet but headed there.

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