Season 5 · Episode 46

E46: How to bounce back from redundancy with Jimmy McLoughlin OBE, Eleanor Mills and Emma Ferenc-Bachelor

The Pension Confident Podcast · PensionBee

January 25, 202624m 18s

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Show Notes

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Where do you see yourself in five years? In a rapidly changing world of work, that's becoming harder to answer. The World Economic Forum predicts that by 2030, nearly 92 million jobs will disappear. The upside? 170 million new jobs will emerge.

With UK businesses feeling the squeeze, more workers will be forced to reconsider their career in the coming years. The combination of higher secondary Class 1 National Insurance contributions, increased National Minimum Wage, and the new Employment Rights Act is leading experts to forecast a rise in redundancies.

Join our host, Philippa Lamb, and our expert panel as they discuss the how to bounce back from redundancy:

Former Downing Street Adviser and Chief Podcaster at Jimmy's Jobs of the Future, Jimmy McLoughlin OBE;
Former Editorial Director of The Sunday Times and Founder of Noon, Eleanor Mills; and
Training and Culture Manager at PensionBee; Emma Ferenc-Bachelor.

Episode breakdown

02:12 How it feels being made redundant

05:46 The triple whammy hitting employers

08:20 Where new jobs will come from

10:59 Reskilling in midlife

13:20 How to sell a squiggly career

15:22 Your redundancy rights

17:25 Cutting spending and saving tips

19:06 Everyday networking

21:19 Reframing the shame around redundancy