Retraining After Redundancy – Is It For You?

Retraining after redundancy may feel like the best option, especially if early attempts at finding a new job have ended in disappointment and frustration.

But, before taking that step, you need to be sure that retraining after redundancy is the right option for you. There are some key questions you should be asking yourself:

What do I really want?

Ask yourself whether you really want to retrain and take your career in a whole new direction or whether it’s a knee-jerk reaction to losing your job. Perhaps you were happy and fulfilled in your chosen industry and it may be a case of continuing with the job search. Or maybe you were already thinking of a change and looking to add to your skill-set, meaning the time could be right to think about retraining.

Will retraining actually help me get where I want to be?

You have an idea of the type of industry you’d like to work in – now you have to do your research. Do you need to retrain to work in this area? Are there other options available that will help you make the switch, such as volunteering? What value will retraining add to your current skill-set?

Will I be able to fund further study?

It’s important to think about finances when considering embarking on further study. There are options available so work out which is best for you. This could be a loan, claiming benefits you could be entitled to or combining a part-time job with part-time or flexible study.

Which course is right for me?

Once you have decided retraining is the right option, you need to decide on the right course. Weigh up the benefits of each course and consider things like location, relevance to your career goals, costs involved, and whether full-time or part-time study is available.

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