THE TELEGRAPH: How to deal with redundancy

Description

ames Laurence at the University of Manchester collected information on 6,840 adults who’d volunteered for the GB National Child Development Study. He compared findings in 1991, when his cohort were 33 years old, with their responses in 2008 when they were 50. He found those who’d been made redundant had a significantly lower sense of trust – not just with regard to their employability, but also more generally. Sadly, that distrust was still evident even a decade later, and even for those individuals who had been re-employed.

 

Certain factors magnify the negative effects of redundancy. Laurence noted that the more an individual valued their job, the greater was their distrust following redundancy. Lea Walters at the University of Melbourne compared adults who’d been made voluntarily redundant with those who’d suffered involuntary job loss.