Building Resilience: Life After Retrenchement

Retrenchment is devastating for the people losing their

jobs, as well as the people remaining in the

organisation. This programme assists retrenched

people:

- deal with their changed financial situation,

- take stock of their life and future career,

- develop income replacement streams.

Offering the programme shows the organisation cares

for its people, particularly those it is forced to retrench.

This two-day workshop consists of 4 sections:

1 Dealing with your finances

Delegates need to make wise decisions about their

altered financial situations, which is usually facilitated

by Old Mutual Financial Advisors. They don’t push

products – they give impartial financial advice. The

content of the module includes a review of where their

money was spent before retrenchment, budgeting and

options to handle their retrenchment package

B uilding R es ilienc e: L ife after

R etrenc hment

2 Career goals and income strategies

Retrenchment forces re-appraisal of one’s life

aspirations and career goals. What does the person

enjoy doing; what are their strengths; how can they

create an income? These and similar questions provide

a foundation for thinking about the next stage of their

lives, setting career goals and income generating

strategies.

3 Re-entering formal employment

For people with scarce skills and experience, an option

is to re-enter the employment market. This is however

sometimes a daunting prospect, particularly if they

have been employed by a single employer for a long

time. Topics dealt with are: How do I create a

professional looking CV? What should I say about

being retrenched? Should I use a recruitment agency –

what do they look for? How do employers make

decisions on who is the best candidate?

4 Starting your own business

For many people who are retrenched, starting their own

business will be a logical and sometimes their only

option. Critical for them is to understand their market,

pricing and their competition. In addition,

understanding basic business finance could be the

difference between making a profit and making a

loss. The basics of starting a business and buying a

business are also covered.

The outcome: Delegates understand the realities of

their financial situation, have reviewed their career

options, and have developed strategies to replace their

income stream. They see life after retrenchment.

For more details contact Rod Warner:

082 456 819

Rod@buildingresilience.co.za

www.buildingresilience.co.za