As the Coronavirus pandemic continues, the number of people becoming unemployed or losing business income is mounting. According to the Labor Department, nearly 17 million workers have filed for unemployment benefits in the past three weeks. Countless numbers of businesses—restaurants, salons, hotels, shops, and factories—have closed temporarily or, in some cases, permanently.
If you’ve been laid off or expect to be, it's critical to take advantage of every possible benefit and pivot to a new opportunity as quickly as possible.
If you’ve been laid off or expect to be, it's critical to take advantage of every possible benefit and pivot to a new opportunity as quickly as possible.
I interviewed Colleen McCreary, Chief People Officer at Credit Karma, for tips on how to navigate unemployment due to the coronavirus disaster. She joined Credit Karma in 2018 and now oversees more than 1,300 employees across offices in the U.S., Canada, and the U.K.
Colleen has more than 20 years of experience in human resources, recruiting, and operations. She understands managing people in technology companies so well that she became a technical advisor for the popular HBO series, Silicon Valley. The show’s astute HR administrator was taken straight from Colleen’s real-world experiences!
On the Money Girl podcast, Colleen and I discuss what to do if you become unemployed. We cover a variety of topics, including:
- The difference between layoffs and furloughs
- Key questions to ask your human resources administrator
- Whether you should negotiate during a termination
- How to maximize benefits from your old job
- Tips for finding a new job if you get laid off
- Common mistakes that laid-off employees make
Listen to the interview using the embedded audio player or on Apple Podcasts, SoundCloud, Stitcher, and Spotify.
How to manage unemployment and lost business income due to the coronavirus
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