What To Do If You're Being Laid Off
 
Handling a job Lay Off
Resume Writing Tip
Starting a Business
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31. REVIEW YOUR CONTRACT. Read your employment contract carefully! Were any of the terms of your employment breached by your employer when you were laid off? If so, you may have a legal case against your employer.
32. MAINTAIN A DIARY. If litigation becomes necessary to protect your rights, information that you’ve stored in your work diary can be helpful to your cause. Don’t rely solely on your memory to recall important facts, events, and dates.
33. SEAL YOUR PERSONNEL FILE. To prevent any misinterpretations of your past work performance by anyone in the future, ask your employer to seal your personnel file. By doing so, you and your employer agree that no one will be able to view your personnel file without your permission. Obviously, this is a negotiable item.
34. FORWARDING OF YOUR MESSAGES. Ask your employer if he or she is willing to forward any phone calls or email messages that you may receive for the next few weeks. This will give you ample time to inform colleagues, friends, and associates of your separation from the company. In matters of business, make sure you refer the person back to someone at the company who can help them.
35. BINDING AGREEMENT. When you and your ex-employer have come to an agreement, make sure your employer agrees in writing that any benefits due you will continue if the company sells out to a new owner during the period your benefits are due.
36. NON-COMPETE AGREEMENT. Often, employers will try to get you to sign a non-compete agreement that will restrict who, where, and when you can engage in similar employment. Resist these agreements at all costs as they will only endanger your future employment. Never sign one without having it carefully reviewed by a competent attorney.
37. NON-DISPARAGEMENT AGREEMENT. Many employers will ask you to sign an agreement that forbids you to "bad mouth" the company, its employees and officers, and its products or services. These agreements are OK as long as you get one in return.
38. TAKE YOUR MONEY WITH YOU. When you leave a job it is often advantageous to move the money to your control and away from your ex-employer’s plan by rolling over your 401(k) money directly to a Rollover IRA. A direct rollover will avoid taxes and the early-withdrawal penalty.
39. DON’T WORRY. Like most people you’ll find a new job soon. It often takes an event such as this to help us grow and discover new experiences, friends, places, and opportunities.
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  For valuable information about health coverage for dislocated workers visit the Department of Labor site

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