Tag: unemployment

Reprint: The Benefit of “Laid Off”

Reprint from 2010

Andre Reprint: The Benefit of Laid Off

So about the title… umm you just got laid off, through no fault of your own. It can be difficult to sit on the other end of a desk. The supervisor or person who you feel might as well be holding a gun to your head to keep you from reaching over and slapping them for saying, “this is nothing personal.” Well guess what, they are wrong. While dissolving of a position or reduction of workforce may be a business decision, it is very personal, for the people giving the news and the individual receiving it. It is easy to list a few of the many disadvantages; the packing of personal or company items (for you thieves) with or without security, the walk to the car, the oh so long drive on the way home to think about what has just happened, the breaking of news to the family and then the subtle but daunting task of searching for a new position.

So what could possibly be the benefit that comes from losing, for what many of us is, our only source of income? What great things could be hidden in this process for the HR person delivering the news? Few would agree that there are any benefits, yet believe it or not there are. There are even more benefits now then there were even a few years ago. Having a good breakfast and calling other unemployed friends are not among the reasons I am discussing, although pretty damn good and funny!

For HR:

  • It’s a chance for HR to make the company look Humane. Being in the room for a lay-off with the manager and employee is not something any of us wants to be apart of often but it is one task that can come with the job. You have a chance to show what gratitude there may be for the employees service and help in retaining the brand of your company. The last thing you want is for the person to have a bad experience, echo it out to the world through twitter and the blogosphere and set you up as a bad guy, ultimately leaving a bad impression on any future candidate that you want to hire for that same position after the righteous company comeback (did I just say “that same position” oops). We, HR, can be perceived as the good people for a change!
  • Performance issues. Have to be careful here but, let’s face it, not all supervisors do a good job in effectively giving performance reviews. The good and bad  is not always outlined. But regardless of who is at fault, if there were issues with the employee/employer relationship, reduction in workforce is an easier argument to have and a much quicker conversation. Especially in this economy.
  • More quiet time. Fewer employees mean fewer grievances, reduced visits to your office and request for the “private talk” about ones supervisor and/or boss. OK, this is not really a good argument, but you have all thought about it haven’t you? Why be afraid, admit it.

For the Unemployed:

  • Family Time. The maximum benefit would be the time you spend with your family and friends. You can become even closer with the extra time you are spending together. Let’s face it, your kids, significant other and people who are most important to you will never say, “Dang you should have spent more time at work.”
  • Regenerate/Reflection. If you are like me, there is never enough time in the day. If you are currently not working, you often feel like you have more work to do then you did when you were working. In this time away, you can now take the time to get to know another side of yourself that you have not experienced in awhile. You take the time to discover what that side is.
  • Reevaluate life and career goals. Why Not Re-Evaluate Your Career Path Choices? Nuff said.
  • Unemployment Benefits. No longer are there long lines at the unemployment office. The unemployed can now handle everything online (that is if they can still afford internet access). Don’t quote me but the max you can receive on an unemployment claim is around $452, given you make more than $900, give or take. There has been talk of an added benefit under the new administration prolonging benefits for an added 13 months as well as an increase in benefits for up to $25 to those who qualify. You scoff, “Ooh a whole $25 extra.” Yeah you are laughing now but an extra $25 can go a long way in tough times.
  • Retraining. Yes, if you need an upgrade in certifications, knowledge or skills; there is potential to receive added funds. Only to those who quality and ask.
  • Other possible benefits: Refinance or Modification of a Mortgage Loan (check with your bank), Return the school, etc.
  • Excuses to be cheap. When people ask for change, asking to cover the tab, or donations; you actually have a good excuse to be cheap!

This is a simple and brief list. Some of these were meant to help you laugh to keep from crying but there are real ways to deal and even recover from reduction in force. While difficult, a lay-off can end up being the bridge between the move from a potentially bad situation to better one, for both the employee and/or the employer.

46221.strip.sunday Reprint: The Benefit of Laid Off


Don’t take your gainful employment for granted – Maurice Johnson

No matter who you are; rich, poor, race, culture, creed, educated or not… this economy is effecting you.

Currently the unemployment rate is 9.1%. I was affected just around a year ago. Like many others I did everything that people say you should do. Get an education, stay well-networked, present yourself in the best way possible. Unfortunately, I had found myself in the unemployment line in August of 2009.

Sadly, I sometimes forget. I take my current position and livelihood for granted and at times need to be reminded. We all need reminders that at any moment, something could happen to put us in a position that we would rather not be in.

The story of Maurice Johnson, a 55-year-old down-on-his-luck Bostonian, reminded me how close we all are to an edge we don’t want to look down. His story also challenges the popular perception of homeless people by being an unemployed aerospace engineer with two Master’s degrees. If you can help a scientist-down-on-his-luck out… then please do so!


BUSINESS SENSE: Is It time for rates to go UP? The case that makes sense

Knowing about HR is just one side of the story. To truly be great in the field you have to understand business!

12884 nota higher interest rates BUSINESS SENSE: Is It time for rates to go UP? The case that makes senseIn looking at new homes you can see how much more of a seller’s market there is out there. This also shows if you’re trying to obtain a loan for any type of credit. Hooray for many of you who are vying for loans. Unfortunately, the low rates have shamelessly low returns on savings accounts.

The low rates can affect a businesses ability – especially that of small business –  to invest in new capitol, maintain current operations, maintain stock, and maintain/increase it’s payroll [brutal evidence in the current slow decrease in the nations unemployment rate at 9.2% (compared to Ohio's 8.6)- see specifics at BLS.gov].

While the Federal Reserve officially concludes that the overall rates will not be raised anytime soon, there is an argument around the importance in raising rates now.

Thomas Hoenig, President of the Federal Reserve Bank of Kansas City, argues a sensible case for the increase in rates in an interview with NPR.

“I ask the question what good, what service, what transaction can take place at a price of zero… none is the right answer and that applies to credit…”


TLNT.com and Unemployment Benefits

Over the last week I have been hearing many stories regarding unemployment benefits. How these benefits affect our current short and long-term unemployed, the negatives and postives that this issue brings to the economy and current budget shortfall.

I wrote about this yesterday in a story at TLNT.com. Very delighted to be included but I am even more apt to help people drive the conversation around issues of work and talent. In order to make wise choices you have to have information on both sides of the argument. Some opinion is helpful but the truth is what gets us closer to a solution. I offer a little of both. So feel free to check out the story:

TLNT: The Clock is Ticking: 99 Weeks of Unemployment are Almost Up

Let me know your thoughts.


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