You don’t need us to tell you how wild the job market feels.

Here’s how to prepare for layoffs so it’s possible for you to better weather a potential storm.

That makes me nervous that my company will be next, and my job will be in jeopardy.

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Answer:

Losing your jobis no joke.

But that doesnt have to be the case.

And, I have personally experienced a layoff.

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Will your company have layoffs?

What side of the line will you be on?

What will the severance packages include?

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This process includes a review of how well you delivered against your objectives or goals.

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I recommend conducting a bi-weekly review of your objectives and your progress.

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Keep a working document to track your accomplishments, wins, and any positive feedback that youve received.

Maintaining this running list will help you keep an accurate record and reduce the likelihood of overlooking something important.

Build out your savings as best your can

Financial stress is real.

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Arecent CNBC surveyfound that 70 percent of Americans are stressed about their finances.

Even 57 percent of six-figure earners feel the same!

In my opinion, the former helps create financial stability, while the latter is more about independence.

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Severance often comes with legal documents you sign.

Get support if you need it.

And find some stillness, and take a breath before you jump back into the job search.

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