Getting Laid Off from a Job

A loss of employment could affect an individual because they then have a reduction in income and possibly not afford to keep payments on the mortgage therefore losing the family home. The financial strain could also mean less money is being spent on basic needs such as food, affecting the individuals physical well being, Emotionally the individual could suffer from a low self esteem, lack of confidence and a depreciating value of self worth. It could also lead to high levels of anxiety wondering when another job will come up. Additionally this could lead to stress and cause problems within close family relationships. These effects could be magnified if it is the main bread winner in the family who has lost their job.

Layoffs are tough for both the employee being laid off and the company for which he/she worked. The situation causes so much uncertainty amongst the remaining employees. The feeling among the employees is; if this happened to them this could happen to me as well. According to Johnson (n.d.), “There is a major disruption in the status quo; relationships are severed, work is redistributed with a probable increase in everyone’s

An increase in the unemployment rate means that more individuals do not have an income, thus meaning many households suffer reduced disposable funds. This causes a decrease in the level of aggregate demand within the economy and therefore reduces economic growth. This in turn causes a slower circular flow of income, meaning that households may be forced into or past poverty, as a result of the lowered income generated, reducing the living standards and quality of life. The downturn experienced by the economy can also offset many individuals seeing them not wanting to return back to the workforce due to the lack of jobs available, making them long-term unemployed rather than cyclically unemployed, or if the firm initially was promoting structural change, structurally unemployed. Combined with poverty, the aspect of unemployment can lead to other severe mental health issues and illness reaching extremes.

One of the scariest word for many individuals among the United States can be unemployment. Many families across America have had to deal with the hard blow that can come with losing a job, or not being able to find a job. Unemployment will always be around to snatch the job from any unwilling victim. While unemployment may seem like a broad term, there are actually four categories, or types, of unemployment. These four types are structural, cyclical, frictional, and seasonal.

On the other hand, the success of the company is in large part due to the hard work of the staff who would lose their employment. In addition, it must be determined who would perform the work of the dismissed employees and if the company would be able to function without them. Moreover, the morale and productivity

Delivering layoff notice to the employees of a company is not one that is easy to do and should not be taken lightly. The employees who are affected by the WARN notice should know that you care about them and their well being and that your concern does not completely lie with the survival of the company and its bottom-line. The letter that Bob Nardelli sent to the employees of Chrysler begins with a negative introduction to his statement and that feeling does not diminish throughout the message. Employees can sense this from the beginning and would likely be more responsive with less negativity. Throughout the initial paragraph, Nardelli is explaining how business has changed and sales have diminished recently (Bob Nardelli, 2008). Instead of

You may think of the job that you have now and think that it's great and you love it; but just think of how people thought back during the Great Depression . They had not a single job because their economy was so low. Many people were standing on the side of the road with a sign saying “ Need a job “ or there children would have signs saying “ Why won't you give my dad a job.”

One way that a manager can help ease the pain of an employee that’s been laid off is to let them know that a layoff may occur as soon as the manager receives word that there may be one in works. This will give the employee a jump start on looking and preparing for their finances and job skills and resume updates. Also if possible grant the employee a generous severance package which could provide economic benefits that reflects management’s

Sometimes they lose a job because of cutbacks. Working hard does not always guarantee someone financial security.

Job security can simply be defined as the feeling of an employee feeling that he or she belongs to and plays an important role in the success of an organization. According to the U.S. Bureau of Labor Statistics, “layoff measures in 2015 were down from 2014, which shows more stability in the economy.” However, employees under at-will remain cautious about feeling a sense of security in the work place. This is simply due to the fact that their employment can be terminated at any time with or without probable cause. In turn, this creates a culture of fear at times within companies who are struggling financially.

The author's best point is one of the best solutions; transparency. Managers should allow people the autonomy of reacting, working through, and coping with a layoff in their own way. Transparency is the most respectful approach that management can take as it shows them the truth of the situation and explains the steps being taken and why. I would add rather than trying to find another position within

As it turns out, interviewing people who have lost their jobs over the years has yielded information stating that most people do see their job loss as a serious problem when it first occurs. However, as time goes on and they get over the initial shock, they begin to realize that there are many opportunities they can consider (Taylor, 2004). That can turn their tragedy into a blessing. People start their own businesses, and they focus on

K.Moser found that unemployment was a key factor in health issues in society, mortality rates were higher for those who were unemployed and the prospect of unemployment is detrimental to the health of an individual. M.H.Brenner (1977) suggested loss of a job is like bereavement but isn’t seen or respect as such (7).

However, stress and depression has its share of limitations. For example, if a single mother whose three kids are working loses her job, she may not feel much affected as she still has the support of her children working and able to support financially unlike a single mother with schooling children instead.

To ease the stress of having to lay people off, managers should not think about it too much. In the case it says that some managers stress out thinking about how it’s going to affect those people’s lives. HR managers should think of it as they’re job, something they must do. Some employees get fired because they’re not performing very well, and knowing that the employee wasn’t exactly putting much effort can help get rid of the sadness of letting them go. It’s another case if it’s a good employee who has to be laid off due to some circumstances. In this situation, managers can give them good recommendation letters so they can find new jobs more easily. It could relieve some of the guilt and sadness over firing someone who has been doing an honest