Severance Pay Information Nottingham

Employees can receive severance pay when they are made redundant and also when they retire. There are many things to consider about the future when you are receiving a severance package and contemplating finding further employment. the Read through the following articles to learn more about severance pay and find local companies and providers who can help you find what you’re looking for.

Jobcentre Plus Jobcentres
0115 9094800
Fletcher Street
Nottingham
Reynolds Driver Hire Ltd
0115 9250747
31 Eldon Road
Nottingham
Brisktotal Ltd
0115 9399905
6 The Hollies Sandiacre
Nottingham
Shg Opportunity Management
0115 9395490
Shg House
Nottingham
Export Solutions
0115 9224499
10 Newton Street
Nottingham
Any Service Bureau Ltd
0115 9726751
5 Tamworth Road
Nottingham
Phoenix Executives
0115 9462929
362 College Street
Nottingham
Chopin Legal Placements
0115 9734311
The Old Rectory
Nottingham
G & P Schofield
0115 9499007
Schofield Hughes House
Nottingham
Recart Ltd
0115 9222299
1 Lamorna Court
Nottingham
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Severance Pay and Finding Future Employment

Redundancy & Dismissal -Taking Stock

The first step in making plans for the future is to take stock of where you are now. This can be very difficult if you have spent a long time in the same job, with no real necessity to explore your skill set and how this might relate to finding future employment.

There is an easy way to assess and analyse where you are now - you can carry out a personal SWOT. This tool is often used in the workplace but can easily be adapted for your personal life. SWOT stands for Strengths, Weaknesses, Opportunities and Threats. Carrying out a personal SWOT allows you to analyse your strengths and weaknesses and the opportunities and threats within your job. It is important that you are as honest as you can be during this process.

Strengths and weaknesses refer to your personal strengths and weaknesses. One of your strengths might be that you are a great team player. A weakness could be that you are a poor time keeper. Opportunities and threats are about the external environment to you. For example, an opportunity could be that a rival company has tried poaching you. A threat could be threatened redundancies in your department. So how do you carry out a SWOT?

  • Take a piece of A4 paper and divide into 4 parts or use our template . Write one of the four headings (Strengths, Weaknesses, Opportunities and Threats) in each box.
  • Work through each box thinking about how they apply to you. In strengths - what do you excel in at work? Why are you useful to your organisation? What education and experience do you have? Do you have a particularly unique skill? What do people come to you for advice on?
  • When thinking about weaknesses, consider - do you hit targets? Are you organised? Where do you fall short at work? Do you put off tasks? How are your working relationships? Have you ever let your boss/company down?
  • When looking at opportunities think about - the growth of your market sector, your specialised skills, your transferable skills, how your job directly affects the bottom line of the company, how you can help the business to grow with your input, is there a hobby which you could turn into an opportunity, the wider economy.
  • Assess your threats - has the company mentioned redundancy or job losses? Have you been warned about your performance? What was the outcome of your last review? How is the company changing and will this affect you? Is your job on the verge of becoming obsolete? Are you fulfilling all your job description or just the bits you like? Are you less experienced or educated than your colleagues?

After you have carried out the SWOT, the final stage is to make a plan. This plan has to use your strengths and take advantage of the opportunities you have flagged up. The plan will give you an opportunity to work on your weaknesses and neutralise impending threats. Be proactive, learn to blow your ...

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