First you need to start with some administrative tasks and then move to the more specific searching tactics. When you first find out you have this new “job”, some of the actions you need to take:
- Make sure you have agreed on severance and your pay/severance has been properly settled (commissions and some bonuses may be not be settled at time of separation)
- Make sure you have the proper paperwork to go on COBRA if you choose to do so (it is cheaper than it used to be)
- Analyze your 401(k) if you have one. Make sure you have the proper information to log on to access your account. See how it is performing and understand how long you can leave it in the employer’s account if it is performing well. If you want to remove it from you ex-company’s plan, Fidelity offers rollover IRA’s for 401(k)s so that you are not penalized for withdrawal
- Notify any personal contacts who used your company email that you have left and not to send email to you there because it will dump into a catch-all account and you don’t know who will view it
- Contact your network (LinkedIN, etc.) to let them know you are no longer working there and to please keep their eyes open for positions that may suit you. If you don’t have a LinkedIn account, you are a little behind the game but you can catch up and obviously didn’t listen to my earlier post of social networking!
- Review your resume and get it updated, spend some quality time on it so it reflects what you really want in your next job, I have many tips on this blog
- Upload your updated resume to job boards. I recommend you should be on at least Monster and CareerBuilder. Technical folks need to be on Dice. Make sure all your contact information is current and your “years of experience” in your key areas of expertise are updated.
I know these things seem obvious but sometimes the stress and shock of being out of a job can hinder your path to moving on to the job search.
Congratulations, you have got a lot done on your first day and that much closer to leaving this job! 🙂
OK, next post we will start to talk about the “game plan”.