Making Sure Your Finances Are in Order Before Being Laid Off

Martha I. Finney

nov 2009 · Pearson Education

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This Element is an excerpt from Rebound: A Proven Plan for Starting Over After Job Loss (ISBN: 9780137021147) by Martha Finney. Available in print and digital formats.

A step-by-step plan for financial self-protection: make it easier to survive a layoff financially, whether you expect one or not.

Even if you aren’t facing an immediate layoff, there are actions you can and should take to put yourself in the best position to absorb the financial shock should the time come. Being employed makes it easier to make some of these changes, so consider doing them now....

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Martha I. Finney is a writer and consultant specializing in employee engagement and leadership communications. A business journalist for 20 years before entering consulting full-time, she brings the qualitative perspective of workplace passion and problem-solving to clients who value the transformative power of engaged employees. Her clients and leader interviews have come from such organizations as the U.S. CIA; Intuit; Hewlett-Packard; Newell Rubbermaid; Caterpillar; Starwood Hotels and Resorts Worldwide; Marriott; America Online; Yahoo!; the New York Philharmonic; Textron; Charles Schwab; Industrial Light and Magic; AFLAC; Walt Disney Studios; Deloitte Touche and U.S. Geological Survey. She is author or co-author of more than 13 books, including HR From the Heart: Inspiring Stories and Strategies for Building the People Side of Great Business, with Yahoo’s Chief People Officer, Libby Sartain. Her original research has been featured on CNN, NPR’s Morning Edition, and in major newspapers throughout the U.S.