I’ve Been Fired! Now What?
By Kate Lorenz

According to Business Week, the average employee has a one-in-three chance of getting fired. Here’s what you’ll need to know in the event that the ax falls on you.

Q: Is it better to pre-empt a firing by resigning instead?

A: In most case, no. Out of pride, many people fall into this trap and wind up waiving severance pay, benefits, earned bonuses and unemployment compensation. With so many victims of downsizing and reorganizations, being “let go” doesn’t carry the stigma it once did—in fact most prospective employers won’t even bat an eye.

Q: What’s the best course of action for finding a new job?

A: Take a day or so to process what has happened and vent to your spouse or best friend. Then, after shoring yourself up by reviewing your strengths and accomplishments, start calling people in your network who can be helpful to you, including former co-workers, suppliers and customers. Letting a colleague, vendor or client know that you’ll no longer be working with them is not only a courtesy, but can prove a valuable source of leads.

Then, work on your resume and start an all-points attack that, in addition to networking, includes contacting recruiters, conducting research, cold calling target companies and searching on-line job listings.

Q: How should I respond to those who ask why I left my last position?

A: Keep it brief. Be calm and objective; never assign blame. End your explanation on a positive note by emphasizing your main accomplishments and what the experience has taught you.

Q: How can I keep my spirits up?

A: Recognize that you will likely experience the five steps of dealing with loss: denial, anger, bargaining, depression and finally, acceptance. Don’t be too hard on yourself if you get down now and then.

On the other hand, try not to dwell on anger and bitterness; instead channel that energy into your search. Take care of your physical and emotional health by exercising, eating well and surrounding yourself with positive and supportive people. And make sure you start each day with a plan. A sense of purpose and accomplishment will go a long way in making you feel better and landing you that new job!