Forced redundancy can seem like the end of the world for those who find themselves wrenched from a job they believed was theirs. But for many people, it can be the start of something new and exciting.
Not everyone is able to reignite their career, and the search for a new job can take an average 50 weeks – and up to almost two years for those over 45. But up to 40 per cent of people end up in a position where they get a pay rise in their new role.
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Fiona Smith writes on Leadership specialising in Careers, Management, Company Culture. Based in our Sydney newsroom, Fiona is a columnist for the Financial Review and BRW, covering workplace and career issues. Connect with Fiona on Twitter.
