UWA alumni panel for Not just a job: The evolving world of work

Reframing redundancy – an opportunity for alignment

Whether expected or unexpected, redundancy can cause feelings of stress, uncertainty, and loss of confidence, often during crucial years in careers and personal lives. Though the market may be buoyant at present, the psychological impacts of redundancy can still be severe, particularly given the complex pandemic/post-pandemic territory of current times.

However, redundancy also presents an opportunity to gain positive experiences — to reassess career trajectory and to develop new skills. Triggering a reflective period, redundancy can be the catalyst for taking stock of what worked well in previous roles and where there was less alignment.

Career transition service forms a part of any strong EVP package, providing certainty of support even if the organisation should restructure. Well managed outplacement can make all the difference in leaving attitudes, willingness to return and relationship management. Organisations wishing to limit the negative consequences of restructure can utilise career transition services to provide their people with the support necessary to have a positive leaving experience and to transition into their next endeavour.

Tower has been providing career management services since 2009, supporting organisations in providing career transition and career coaching across all sectors, contributing to positive leaving experiences for both employer and employee.

Redundancy also presents an opportunity to gain positive experiences.