By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Inusah Fuseini replaces Mahama Ayariga to probe alleged vote buying in NDC Ayawaso East primaries
    February 9, 2026
    I’m ready to face NDC investigative committee – Baba Jamal denies alleged vote buying
    February 9, 2026
    Defrauding by false pretence can attract up to 25 years – Lawyer Mankotam
    February 8, 2026
    High Court overlooked aggravating factors in Agradaa’s case – Legal practitioner
    February 8, 2026
    Lawyer Prince Benson Mankotam
    Attorney-General can appeal Nana Agradaa’s reduced sentence – Lawyer Prince Mankotam
    February 8, 2026
  • Business
    BusinessShow More
    African businesses should view displacement as an economic opportunity – Isaac Fokuo
    February 6, 2026
    3.8% inflation does not reflect reality at market – Tema Central MP slams gov’t
    February 6, 2026
    Ghana, Zambia are “twins of the same mother” facing similar economic challenges – Mahama
    February 6, 2026
    Africa’s new fight is economic transformation – Mahama addresses Zambia’s Parliament
    February 5, 2026
    Zambia President hails Ghana-Zambia ties, pledges support for AfCFTA secretariat
    February 5, 2026
  • Politics
    PoliticsShow More
    Inusah Fuseini replaces Mahama Ayariga to probe alleged vote buying in NDC Ayawaso East primaries
    February 9, 2026
    I’m ready to face NDC investigative committee – Baba Jamal denies alleged vote buying
    February 9, 2026
    NDC Majority Caucus demands cancellation of Ayawaso East primaries over alleged vote buying
    February 8, 2026
    OSP investigates Baba Jamal over alleged thug attack on Officer during Ayawaso East primaries
    February 8, 2026
    OSP probes alleged vote buying in NPP presidential primaries, NDC Ayawaso East contest
    February 8, 2026
  • Entertainment
    EntertainmentShow More
    Serwaa Amihere wins TV Female Presenter of the Year at 15th GoldBond RTP Awards
    February 8, 2026
    Lily Mohammed
    Lily Mohammed wins TV Female Newscaster of the Year at 15th GoldBond RTP Awards
    February 8, 2026
    Naa Dedei Tettey wins Radio Newscaster of the Year at 15th GoldBond RTP Awards
    February 8, 2026
    IShowSpeed promoted Ghana internationally better than we could do – Mahama
    February 7, 2026
    Gospel singer Victoria Ivy Obeng releases ‘My Passion’ EP
    February 6, 2026
  • Sports
    SportsShow More
    MTN FA Cup: Aduana FC shock kotoko on penalties
    February 9, 2026
    Black Princesses held to 2–2 draw by South Africa in thrilling U-20 World Cup qualifier
    February 8, 2026
    Otto Addo gets new technical team members ahead of 2026 World Cup
    February 7, 2026
    Kofi Adams calls for continental reset at AIPS Africa Congress in Gambia
    February 7, 2026
    Man City edge Newcastle, set up Carabao Cup final with Arsenal
    February 5, 2026
  • Technology
    TechnologyShow More
    Ghana, Zambia to partner on fintech and cybersecurity as AI fake news rises
    February 7, 2026
    GSTS and STEMQUEST: How an Alumni-Led Extracurricular Initiative is Redefining Technical Education in Ghana
    February 4, 2026
    IShowSpeed’s energy is on another level; he has to entertain followers nonstop – Wode Maya
    January 30, 2026
    A new layer of privacy five years in the making
    January 29, 2026
    APRIL STEM rejects STEAM model, says arts is already science as SMET is the future of innovation
    January 11, 2026
  • International
    InternationalShow More
    Ghana, Zambia to partner on fintech and cybersecurity as AI fake news rises
    February 7, 2026
    Over 100 million people displaced, globally, young Africans most affected – Isaac Kwaku Fokuo
    February 6, 2026
    Lordina Mahama meets Zambian First Lady, explores collaboration on cross-border community initiatives
    February 6, 2026
    Ghana, Zambia are “twins of the same mother” facing similar economic challenges – Mahama
    February 6, 2026
    Ghana–Zambia visa-free agreement is more than diplomatic instruments – Mahama
    February 6, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Retrenchment: Dealing with it
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Editors PickFeatures

Retrenchment: Dealing with it

Starrfm.com.gh By Starrfm.com.gh Published July 5, 2018
Share
SHARE

Job security is essential  as it allows the comfort of living our lives in whatever fashion we’ve become accustomed to. A good job, means money to not only survive but flourish, offering a quality of life based on what we earn.

Suddenly your company decides to downsize, or your position no longer is relevant, or the business goes under. You suddenly find yourself being retrenched, and this can be especially difficult if this happens in a job you have been doing for many years.

Below are ways to handle retrenchment:

  1. Be honest to those around you about your retrenchment – don’t try to hide it.
  2. Don’t waste your time questioning why you were retrenched rather than someone else. More importantly, don’t blame yourself.
  3. Start networking immediately (both online via social networks and in the real world). Don’t withdraw yourself from society or potential opportunities.
  4. Use the opportunity to further your skills. If your finances permit, then register for a course or trade. Alternatively, volunteer your services in areas where you might be able to learn new skill.
  5. Seek financial advice and plan the use of your severance package. Budget carefully. This isn’t the time for elaborate vacations or retail therapy.
  6. Get your CV up to date as soon as possible, register on job-seeking websites such as Jobs.co.za and make your CV active and searchable so that companies can find you.
  7. Start applying for as many jobs as possible for which you have the required skills. Write your covering letters with careful consideration and thought, rather than simply using a template.
  8. Remember to highlight where you can add value to the position you’re applying for. Show you’re dedicated, skills and committed.
  9. Find people to talk to, both regarding the legal and business side of your situation, but most importantly, people you can simply vent with and can comfort you during this challenging time. You are not alone, and if you find yourself feeling truly helpless, there are always people you can call. Be strong, this too will pass.

 

Source: Ghana/StarrFMonline.com/103.5FM/With files from jobs.co.za

You Might Also Like

Naa Dedei Tettey: The Woman Breaking the Glass Mic and Redefining Morning Radio on Starr 103.5 FM

Ghana’s Gold Reserves: Strategic Management for Economic Stability

International Day of Education 2026: Youth, Technology and the Future of Learning

Shockwaves, Showdowns and a Season to Remember: The 2026 NBA Season So Far

Finance minister leads EIB Network ministerial performance poll

TAGGED:Retrenchment
Share This Article
Facebook Twitter Email Print
Share
Previous Article NPP conference: ‘Maintain Blay to Retain Power’- Volta NPP
Next Article Ghana, US sign MoU for joint investments in 11 sectors of economy

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?