Making the transition to a new role can be daunting. The first question you might ask is: What am I going to do? Consider the following options to help you identify your main goal in the first few months.

1. Retraining or upskilling

If you’re thinking about undertaking training, take a look at the range of courses available via the Victorian Skills Gateway. You can find available courses by name, occupation, provider and/or your location. If you are an Australian or New Zealand citizen or a holder of a permanent visa, you might be eligible for government-subsidised training. Courses with government subsidies available are indicated with the $ symbol.
Ph:  13 18 23

Your nearest Skills and Jobs Centre can advise you on training and employment opportunities.
Ph: 1300 100 606

2. Look for another job

Understanding the local market, the recruitment process and being aware of your skills will increase your chances at success when embarking on a job search.

Book an appointment with a personalised employment service. These services can help you navigate the job-search process.

Services available include:

Jobs Victoria
Jobs Victoria provides targeted support services for people looking for work and employers looking for workers. We deliver a range of programs and work with a network of Jobs Victoria Partners throughout the state.

If you're eligible, one of our Jobs Victoria Partners can provide you with the right support and advice to get you into ongoing work, including CV development and interview skills, work experience, skills training, jobs placement and mentoring.

Explore our Helping Jobseekers Find Work pages or contact us:
Ph: 1300 208 575

Skills and Job Centres
Skills and Jobs Centres are located throughout metro and regional Victoria and can advise you on training and employment opportunities
Ph: 1300 100 606

jobactive is a network of providers across Australia helping jobseekers find and keep a job, and employers find staff. jobactive can also provide support through Work for the Dole and other eligible activities to provide work-life experience.

Employment Services National Customer Service Line
The Employment Services National Customer Service Line can help you with questions or problems with an employment service provider.

Ph: 1800 805 260 (free call from land lines)

3. Create a new business

If after the retrenchment process you are interested on creating or improving your own business, Small Business Victoria can help you through the process.

Small Business Victoria helps thousands of business owners each year with the following services:

  • Small business workshops: you can attend low-cost, practical and expertly facilitated workshops covering 22 topics to help you plan, start and grow your business.
  • Grants for business: you can access funding to develop your business strategy and improve business growth, innovative and export.
  • Small business mentoring: You can attend one-on-one business mentoring and get advice from an experienced advisor.
  • Small Business Bus: Small Business Victoria has information buses moving around the state to speak with you about your business needs.
  • Small Business Festival Victoria: runs throughout August each year in metropolitan and regional Victoria offering ideas and information to anyone looking to start or grow a business.

Ph: 13 22 15

4. Retirement

Good retirement planning is not just about your immediate living expenses, but also the potential long-term costs.

If you are considering transitioning into retirement after the retrenchment process, it is important to seek professional advice before making any decisions.

Make sure you address the following:

Sort out your finances: Analyse your future, taking into account the money you currently have, your future income, if any, and your expenses. The most common sources of income are:

  • Assets like housing, savings and other investments
  • Superannuation
  • Pension, if you are eligible

Make a financial plan:
In the first years of retirement, you might want to spend more money than usual on a variety of activities such a trip, getting a new car, or renovating your house, among others. Think about how you can use your different income sources to support yourself and your family in the long term. The page Financial counselling will help you.

Deal with the change:
Make sure you do not change your personal habits for worse. Self-care and planning your new life is as important as caring about your finances during this time. The Health and well being section of this website will help you with this process.