Tuesday, July 28, 2020

Unemployment and How We Can Help - Workology

Unemployment and How We Can Help - Workology Unemployment Benefits Paid by Your Employer Five years ago, the average duration of unemployment was 16.8 weeks with the US unemployment rate standing at 4.7%.  Now, the average time spent unemployed is 40.8 weeks and unemployment is at 8.3%.  My how times have changed. Unemployment Benefits Paid by Your Employer The American public is often unaware that employers are responsible for covering much of the cost associated with unemployment through what is called unemployment insurance as well as the employment taxes they pay and are responsible for.  Unemployment benefits for an individual average $295 each week  (You can view a comprehensive list of unemployment benefits by state  here). Unemployment benefits for workers who lose their jobs or qualify can provide up to 26 weeks of weekly benefits though an unemployment compensation supplement.  Depending on the state, workers who are approved for these benefits must actively search for work.  Different states have different program requirements and training available to workers as part of their unemployment benefit program. Evaluating, protecting, and managing the corporate unemployment process is often the role of the HR professional until that HR professional is the unemployed worker navigating the process. Unemployment for the individual is a life jolting process where people begin questioning every fabric of their being and every decision of their lives.  Often times our single largest source of income has evaporated, leaving us left with more uncertainty than answers.  Thats exactly how I felt when I applied for unemployment.  In 2006, I left my job voluntarily after working in a high stress and unhealthy HR role for a big box retailer.  I was transferred to my new position without my knowledge and during a paid vacation.  My new store happened to be the center of a multi-tiered class action employee lawsuit.  My life was threatened and my car was keyed by employees including my own assistant.  Having just gone through my divorce, Id had enough change and drama that wasnt healthy so I quit. How We Can Help Those Receiving Unemployment Compensation We can help those unemployed voluntarily as well as involuntarily the following ways: Be Supportive.  There are more than  27.3 million  unemployed  (via  SHRM.org) out there many of whom have exhausted their unemployment benefits or given up altogether.  That equates to 15.2% of the entire adult working-age population.  Support them.  Dont judge them.  Provide them an ear to listen before your mouth suggests to them a solution. Help a Job Seeker.  Offer to evaluate a resume or provide mock interview feedback.  By giving the job seeker a moment of your time, you provide hope and help.  Much of the job search is navigating the unwritten rules we, as HR professionals have come to know. Treat Them with Dignity.   Job seekers who are displaced and out of work are people too.  Yes, many are experiencing increased financial stress that being unemployed brings but it shouldnt define who they are as a human being.  Talk to them.  Get to know them, and remember that more than  27.3 million  are unemployed. Its the little things that matter.  Meeting your friend for coffee just to check in, helping them  update their LinkedIn profile, or calling just say hello.  I promise there is  life after unemployment. Back in 2006, I was unemployed just a few short weeks.  The market was different and I quickly found work.  My own experience being unemployed coupled with my work experienced as an HR professional, led me to create  Blogging4Jobs  (this blog).  I just released a short ebook and toolkit designed to help job seekers and those displaced and out of work.  It is called  The Essential Job Seeker Toolkit.  Available for free, you  receive a copy  with no strings attached.  Because together we can help survive unemployment, and I intend to make the world a better place helping one job seeker at a time.  Click here  to download  The Essential Job Seeker Toolkit.

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