What advise would you relay to a 50 year old person who has been fired from a hi

Jump to Last Post 1-6 of 6 discussions (8 posts)
  1. gmwilliams profile image85
    gmwilliamsposted 2 years ago

    What advise would you relay to a 50 year old person who has been fired from a high powered

    lucrative job?

    https://usercontent1.hubstatic.com/7686066_f260.jpg

  2. ahorseback profile image76
    ahorsebackposted 2 years ago

    I have found in life that  being fired , laid off , downsized  from a company  has many causes .  Not that I've had a habit of  that many terminations ,  actually I have never been" fired ", I've been laid off  or downsized a couple of times however . I have also worked and been an active manager , supervisor  , company owner .
    The Most Important  thing to remember and prepare for is NOT taking any reasons for termination personal !   The reasons stated by the perpetrator  of the firing are quite often flawed  in reasoning .  It can simply be financial , it can be performance , it can even be personal  and the decision might come from far up the chain ,  I have actually seen companies bring in a  terminator  for apparent lack of  strength  of it's own leadership to actually do the firing . 
    My own journey after  being   " let go " a couple of times in these times of  recessions involved the very rewarding choice to become self employed .
    Best advice ---don't take it personal and move on ! To many people get bogged down in the Why's !

    1. Kiss andTales profile image80
      Kiss andTalesposted 2 years agoin reply to this

      Always go forward a close door can mean another will open, even if it is not when you expect it , prepare for a better opportunity
      and always, learn from your past experience that anything can change do not put all your precious eggs in one basket.

  3. dashingscorpio profile image86
    dashingscorpioposted 2 years ago

    Every ending is a new beginning. It's not the end of the world.
    On some level anyone over the age of 30 knows this to be true. However it is human nature to go through a grieving period after being let go or rejected regardless of whether it's a relationship or employment.
    Many of us identify ourselves by our career which assuages our ego especially if we don't have a well rounded balanced life outside of work.
    At some point you realize your future lies ahead of you and not behind you.
    Two approaches people tend to have over the age of 50.
    1. Find a non-challenging job to work until retirement age with heath insurance. Essentially they just want to coast a few years and retire.
    2. Seek out a high powered position or start their own company.
    In the case of the first one they may simply post their resume on monster.com, indeed.com, and possibly register with an agency or two in hopes of getting contract work that may lead to full-time employment.
    In the case of the second option they're more likely to approach finding a job as if it is their job! They'll take advantage of LinkedIn posting resumes, researching companies, sending resumes to contacts, attending industry networking and professional networking groups via Meetup.com and registering with theladders.com which caters to high salary jobs listings.
    Some people have been known to switch careers entirely.
    The biggest challenge for anyone who identified them self as their job is avoiding feeling like they are somehow a "loser". People get fired everyday. The issue is many of us may have looked down on them or if we find ourselves in a workshop with others in the same situation we still think somehow we are "better than" them which causes us to feel even more depressed. "I don't (belong) here!"
    The reality is no one is their job and failure is a "result" not a "person". We have the option to curl up in a corner and die or fight to climb back to the top. Anger has been a driving force many successes.
    What happens to you is less important than what you do with it.
    I would also tell them to research and use every resource available.
    Our insistence upon "limiting our options" causes us to be depressed.
    Ever met anyone who shoots down every suggestion you make?
    "If you want something bad enough you will find a way. If you don't you will find an excuse." - Jim Rohn

  4. liesl5858 profile image89
    liesl5858posted 2 years ago

    When a person is fired from a high powered lucrative job as you put it, it  must be very frustrating for that person especially at the age of 50. When you are nearing the retirement age, all you want to do is carry on with your job until you retire but when this happens, it will affect the confidence of the person. But if the person is confident and strong enough to find another job then that will be good.

    My advise is to find another job or have your own business until you retire. I know it is not easy to find a job that you like nowadays but there are jobs out there for the taking. The problem is when you are fired from a job for whatever reason, it might not be easy to get another job quickly. But if there's a will there's a way.

  5. Ana Kolomeka profile image73
    Ana Kolomekaposted 2 years ago

    The people here have pretty much covered the options; either get another job or start your own company.  I'd like to add a retrospective piece of advice; while you're in that high-powered job, SAVE YOUR MONEY!!!  Anyone 50 and UNDER is well aware that pensions are a thing of the past, so the only way they're going to have a retirement account is if they establish one of their own.
    A long time ago, I heard a story of a man who saved his money and retired at age 49.  When he turned 62, he added to his income by filing for Social Security.  My guess is that they had pensions in his day, though he would have had to work until age 65 to collect it.  He wisely bypassed that option and created his own.  Smart move, since back then many people were fired shortly before they could collect their pensions.  They could sue, but the process was long and arduous; it was easier to settle out of court for a far lesser sum.
    Tomorrow is not promised you.  Even Lee Iacocca was fired from being President of Ford Motor Company.  The best course of action is to be in control of your own life.

  6. thegecko profile image78
    thegeckoposted 2 years ago

    You're a seasoned, highly skilled expert! You can get another position! If not, become a consultant and start offering your skills freelance, or teach what you know to others new to the field. You may have lost your job, but haven't lost all the great wisdom and experience that got you that job in the first place smile

    1. gmwilliams profile image85
      gmwilliamsposted 2 years agoin reply to this

      Excellent response.  Do you know how many people(misguided of course) would advise him/her to give it up, they are "too old" and let young people run the show!

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)