Finding your next job after being laid off

Getting laid off from your job is stressful but facing a termination right before the holiday season can be overwhelming. This is a career setback that feels like the worst of them all. But the latest data will give you a glimmer of hope about finding a good job in the coming new year. Did you know that a majority of people who get laid off find jobs quickly and also experience salary gains?

Good news, you will be able to land your next gig faster than you think

Data from Revelio Labs shows that more than 70% of employees who get laid off manage to find their next job within the first three months of their termination. Even better news, this trend of people finding jobs really quickly is on the rise. If you work in sales, software engineering, or marketing, you will have an easier time finding your next job. However, those who work in fields like communication and HR will have a harder time with things.

What do things look like from the employers’ perspective?

Employe Inc. shares its data which reveals that 85% of organizations take an average period of fewer than four weeks to hire a candidate. Even better, 32% of employers fill roles in under two weeks! However, talent professionals find it a little bit more difficult to find workers to fit their needs. 81% of talent professionals find it challenging to find new talent, with 33% of them feeling that it is very challenging.

Is it possible for you to find something with better pay?

You already have a really good chance of finding a good job. What are the chances of you scoring something with great pay? Revelio Labs has more good news for you! Did you know that 52% of people who get laid off report that they received a higher salary at their next job? Employe Inc. backs these claims up with its data. 68% of recruiters say that salary increases are normal for new hires. And 69% of employers report that these new recruits experience steady wage increases despite economic pressures.

What you can do to find your next job fast

With these data, it is clear that you can easily find a better position with higher pay after you get laid off from a job. Let’s see what you can do to speed things along.

1. Go where the recruiters are searching for you

Employe Inc. has a lot of insight to offer about where employers typically search for candidates. According to them,

• 58% are looking for you on Facebook
• 58% are looking on LinkedIn
• 36% are checking Instagram
• 34% are turning to Twitter
• 17% are looking on Snapchat
• 15% are seeking candidates on TikTok

2. Take chances if you want to succeed in your job search

We don’t mean that you should take unnecessary risks. Stretch yourself to reach more opportunities. Don’t avoid applying for jobs just because you can’t match a few of their requirements. Also, try to apply for different jobs than what you have been doing previously. Avoid searching within the same industry only for your next job. Employe Inc. says that 71% of recruiters are willing to take more chances on new hires.

3. Understand what employers are willing to overlook

It isn’t easy to find the perfect candidate for a particular position. And employers know that. Understanding this fact will help you push the boundaries of your job search. Let’s see what employers are willing to overlook, according to Employe Inc.

• 41% gaps in resume
• 41% lack of industry experience
• 34% missing requirement or insufficient years of experience
• 25% job hopping
• 24% salary requirements that exceed the budget

4. Don’t just settle for anything

You too have bargaining power in this game. When you get offered a job, make your own set of demands. There’s no need for you to settle for a toxic environment just because you are scared of being unemployed for a little while longer. Employe Inc. has insight into what some employers are willing to do to secure great talent.

• 58% are offering flexible work schedules
• 57% are increasing compensation
• 54% are emphasizing work-life balance
• 44% are offering medical or dental coverage
• 40% are allowing remote work options

5. Put your best foot forward

Go into this job search with your arsenal fully packed. Not sure whether your resume would make the cut? Hire a professional resume writing service such as Resume Mansion to prepare an impeccable set of professional documents for your job search. Not only do we satisfy all our clients with perfectly written resumes, but we also create matching cover letters for them while optimizing their LinkedIn accounts!