Furloughs – temporary layoffs – are common during tough economic times, and often leads to lower salaries. However, there are ways to keep your money in your pocket, and even take the next steps in your career while leaves.
Start by contacting your human resources department to find out if you’re eligible for unemployment benefits during the leave. If you are required to take the time off in the week-long pieces and not days here and there, and you’re more likely to qualify.
Trim your Expenses
If your company gives the option to take all the days off in a row, and to consider other costs that can be paid using this option. For parents who usually pay for day care, and confused days off in one week can be a way to avoid those expenses.
While the child-care costs are usually fixed, and many centers, faced with dwindling enrollment, ready to help parents change their arrangements leave. Lisa Fisher, a spokeswoman for Goddard School and child care center franchise with 323 locations nationwide, says different schools working with parents to reduce day-care schedules, and make costs more affordable through their own vacations. You also can reduce mobility again and dry cleaning expenses and pet walking more easily if you take your days all at once.
If your company has a policy to pay employees for unused vacation days, try to schedule your vacation days when you would normally take a vacation, such as around the holidays or when the kids home from school. Then, cash in unused vacation days at the end of the year.
Work on your Brand
Career coaches suggest using vacation days to work on your personal brand, in the case of layoffs. You must resist the temptation to feel like it ‘s a holiday and use the time to network and update your resume.
You may also look for seminars or job -related training during your time off. Some community colleges offer training seminars take weeks or shorter and usually low cost and can give you a boost skills. If your company has a policy of education reimbursement, you may not have to pay the entire bill.
Depending on the health of the industry you work in, the leave can be a good opportunity for Sega to another field. Unplanned time off can be used to collect information on the industries that interest you, and talk with recruits, and organizing media interviews, and even volunteering in companies in various fields to gain exposure to other areas.