Coping with Redundancy
Being made redundant can be very stressful, but it can also offer new opportunities.
When facing redundancy you need to consider:
- What are my options?
- Who can help me?
What are my options?
The options open to you could include:
- Look for a job
- Return to study to update your skills or qualifications – e.g. community education, distance learning, higher education, Part-time study
- Change career or re-training e.g. Work based training for adults
- Work flexible hours e.g. Part-time, shift work, job sharing or working from home
- Work for yourself e.g. Self employed, freelance, or franchised
- Volunteer to gain useful experience
- Moving to a new area to find work, this could include working abroad.
Who can help me?
The Redundancy Action Scheme (ReAct) is a programme of funding for training provided by the Welsh Government for people living in Wales who are facing redundancy.
You can receive a training award of up to £1,500 to help you get the skills you need to land a job. You can train while you are job hunting or you can go on courses to get the skills you need even if you plan to become self employed eventually.
Who is eligible?
Support under the ReAct scheme is available for individuals who:
- have become unemployed in the last 3 months as a result of redundancy, are currently unemployed, and who have not been in continuous employment for 6 weeks or more since being made redundant; or
- are currently under notice of redundancy; and
- have not undertaken any publicly funded training since being made redundant, including the work-based learning suite of programmes.
What is available?
There are 3 elements to ReAct:
- Recruitment & Training Support
- Discretionary Award - Vocational Training
- Discretionary Award - Extra Support
Support is available for eligible applicants to increase their skills and remove barriers to learning, or returning to work. In order to ensure that this training provides the best possible chance of finding new employment, all applicants will need to have their training needs assessed by Careers Wales. Careers Wales will also advise on suitable training courses and training venues.
Under this part of the scheme the following financial support is available:
- A contribution towards agreed training up to a maximum of £1,500;
- help towards the cost of travelling to training courses;
- overnight accommodation costs, where appropriate;
- a contribution towards childcare costs whilst training (subject to limits and conditions).
- exceptional help with the cost of equipment for individuals with a learning difficulty, disability, or a work-limiting health condition.
You can get more information on ReAct from your local Careers Wales office or by calling our freephone helpline on 0800 028 4844.
Funding for Learning if you are unemployed
If you are unemployed and claiming benefits
- You can usually do some part-time study without it affecting your benefits. Check with Jobcentre Plus before you start a course.
- Some courses, including courses to help improve reading, writing and number skills, are free. There’s a wider range of free courses available if you are on income-related benefits. Help with childcare and other costs may also be available.
More on financial help for adult learners living in Wales
More on financial help for adult learners living in England
- If you are on the Steps to Employment learning programme for adults aged 18 and over you may get an extra training payment on top of your benefit payment.
Returning to work after redundancy
You may be able to apply for ReAct funding to help cover the cost of a course or training to help you to get a new job. The funding can be used to pay training costs up to a maximum of £1,500. You may also be able to apply for help with extra costs like childcare. Contact Careers Wales to ask about applying.
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