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Interviewing for a new position after a downsizing can be tough. After all, your head may still be spinning from the experience; you may still be asking yourself, "Why me?"; or you may just be ...
Downsizing with only finances in mind can have a major impact on your emotional well-being — especially if it means selling, donating or throwing out the things that bring nonmonetary value to ...
Fear stage is the third emotional stage following an announcement of layoff, in which employees worry about how they will survive financially. [30] Acceptance stage is the fourth and final stage of the emotional reaction to downsizing, in which employees accept that layoffs will occur and are ready to take steps to secure their future. [30]
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Four components of organizational justice are distributive, procedural, interpersonal, and informational justice. Research also suggests the importance of affect and emotion in the appraisal of the fairness of a situation as well as one's behavioral and attitudinal reactions to the situation. [3]
An AOL reader asks, "I have been let go and I am collecting a severance package. How do I handle this in a interview?My former employer will not report anything negative if a prospective employer ...
That is why the success of many projects, and the organization itself, depends on the success of "handlers," the people (usually managers) whose interventions either assuage individuals' pain from toxicity or eliminate it completely. "[23] "One can conclude that the ability to effectively deal with emotions and emotional information in the ...
A third financial benefit to downsizing is that you can use that extra money to trade in your mortgage for a paid-off home. “Use the proceeds from selling your current home to pay cash for a ...