Losing a job is one of the most unfortunate things one can ever experience. It can make you worry about lots of things such as your monthly bills, health insurance, and grocery stuffs. If you have been a victim of a wrongful termination recently and feels like you are nowhere to go, the following are some of the things you may want to consider to keep yourself going while joblessness is blocking your way.
Unemployment Survival Tips
1. Get Your Final Compensation
Every employee is entitled to a final paycheck. The state law requires an employer to issue a final paycheck to the employee immediately, may it be the next business day, the next payday, or within a certain amount of days. In some states, the employee may be entitled to compensation for unused vacation time. Severance package may also be given to an employee as an additional compensation. However, under the state law, an employer is not obliged to give severance pay. A severance pay will only be granted if it is stated in the written contract, if an employee handbook documented the employer’s policy for severance pay, or if the employer has said it verbally.
2. File for Unemployment Compensation
The state law allows any unemployed worker to accumulate unemployment compensation if the termination was not due to delinquency that was intentional and repetitive, the employment was for a certain amount of time, the worker received a certain amount of salary, the worker is capable of working immediately, and the worker is physically able of working.
3. Healthcare Coverage
Former employees have the right to continue a healthcare coverage for up to 18 months or longer, depending on the employer’s plan. This is under the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1986. The previous employee must fully-pay the damages but the cost is actually cheaper than obtaining coverage of your own.
4. Apply for a Part-time Job
A part-time job will provide you income temporarily. While looking for a full-time work, you can consider doing handy work, baby sitting or house sitting. In this case, you will still become productive while waiting for the update of your permanent job application.
5. Remove Unnecessary Expenses
You will probably know the importance of saving in times of unemployment. Every single cent counts and you will not have the guts to spend for needless commodities and activities. Sort out your grocery list. Buy stuffs that are of high significance. Do not engage in activities which used to be part of your leisure time. Be more practical.
6. Do not Commit to New Debts
If you do not have any important monetary matters to spend to, do not acquire debts because it will just lead you to bigger financial dilemmas. It is vital for you to impose strict budgeting to manage your lifestyle.
Jester Maru used to write several articles for a Law Group in Los Angeles, California. He personal loves writing articles on the topic los angeles employment lawyers and california employee rights.