In redundancy situations, your company may offer assistance in preparing a resume, job seeking skills or retraining options via an outplacement service. Accept any help that is offered, regardless of the options you are considering, but remember for any financial matters contact your industry super fund or IFFP first.

Other sources of support:

• Trade unions and professional associations - If you are a member you can often access a variety of information, training and referral services offered by your organisation.



• Your industry super fund -Most funds provide access to financial advice services. They can assist you develop a plan to deal with your lump sum and changing financial circumstances.



• Local community organisations - Some offer training, counselling and assistance.



• Job Network / Job Services Providers - National network of private and community organisations dedicated to finding jobs and providing assistance to job seekers. Go to workplace.gov.au/workplace



• Centrelink - You may be eligible for income support from Centrelink. Waiting periods and income asset tests apply. They also offer some government training programs for the longer term unemployed. Go to centrelink.gov.au for details.



• Emotional Support -The emotional consequences of redundancy can be serious, varying from feelings of helplessness to deep depression. Apart from helping you find a new job or transition to a new career, outplacement companies can also provide support in dealing with the emotional consequences of redundancy. If you have family members or friends who have been made redundant, encourage them to get help if they need it. Your family doctor is a good starting point. You can also visit beyondblue.org.au or superfriend.com.au for further support.

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