We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Cookie Policy

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Friday, August 8, 2025
Africanian
No Result
View All Result
  • Home
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
Africanian
  • Home
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home Business

South Africa: 3 things to know if you are making a career move during the pandemic

Jobs losses for over 2.2 million South Africans in the second quarter of 2020 has one of the many knock-on effects of Covid-19.

3 things to know if you are making a career move during the pandemic
Share on FacebookShare on TwitterShare via Whatsapp

For many South Africans, a career change has been necessitated through retrenchment or reduced income or a new opportunity has been spotted which led to a leap of faith.

No matter the circumstances, the impact of a career change on one’s life and finances should be carefully considered.

Lee Hancox, Head: Channel and Segment Marketing at Sanlam emphasises the importance to job seekers of remaining focused on their financial future, especially during the tough times.

“Carefully planning our way through the fall-out of Covid-19 is highly recommended for everyone, and especially those with altered financial or employment circumstances,” said Hancox.

Hancox looks at the types of employment change and offers insights into how to plan through them.

1. “I have recently been retrenched”

If you have been retrenched, it is important to remain calm and remember that you have done nothing wrong. Work with your financial planner to decide on the best way to invest the package you have been offered. If you do not have a financial planner, now is the time to find one.

Your planner will offer guidance on how to make provision for an income during this time and invest the rest. You should also re-evaluate your budget and cut out unnecessary expenses.

“Use this time to update your CV and make it stand out from the rest, focusing on your skills and not job titles. Your next employer needs to know that you have the necessary skills and adaptability to work in this new world,” said Hancox.

2. “I am considering changing jobs”

Use a mentor or a friend as a springboard for discussing the pros and cons. Also, do your research thoroughly to make sure you review not just the job title and salary on job ads, but go through the fine print to check if the job and the company is a good fit for you in terms of culture, values and skills.

At a time when the world is very far from ‘business as usual’, it probably makes sense only change jobs by choice if there is a confirmed prospect for alternative employment.

3. “I have been offered a new job opportunity”

While this is an exciting opportunity, you need to consider that joining a new company under the current conditions may make it harder to build relationships, especially if you will be working from home initially or long-term.

Before you sign on the dotted line, inform your financial planner so that they can compare your current and new package holistically.

With the help of a financial planner, you will also be able to revisit your short, medium, and long-term goals to ensure your new job is aligned with achieving those goals.

Hancox also explains that it is important to set boundaries in terms of your priorities given the current working from home situation. If your new job requires you to work from home or travel into the office every day, consider how will this affect your family and personal life.

“No matter what situation you find yourself in, it is important to have the guidance and holistic advice of your financial planner to ensure the next step in your career is the right one,” concludes Hancox.

Source: iol.co.za

RelatedPosts

Liberia launches youth bank that will create 120,000 jobs and fund 30,000 businesses.

Liberia launches youth bank that will create 120,000 jobs and fund 30,000 businesses.

July 25, 2025
Liberia unleashes youth capital to dream big

Liberia unleashes youth capital to dream big

July 22, 2025
Equatorial Guinea: Africa Oil to Participate in the 3rd Annual Supply Chain & Logistics Summit

Equatorial Guinea: Africa Oil to Participate in the 3rd Annual Supply Chain & Logistics Summit

July 21, 2025
Beijing to Host 3rd China International Supply Chain Expo in July 2025

Beijing to Host 3rd China International Supply Chain Expo in July 2025

July 19, 2025
AfriLabs and ATU Sign Landmark Deal to Accelerate Digital Innovation Across Africa

AfriLabs and ATU Sign Landmark Deal to Accelerate Digital Innovation Across Africa

July 19, 2025
Kenya turns resources into results: the economy grows and strengthens

Kenya turns resources into results: the economy grows and strengthens

July 17, 2025
Nigeria accelerates economic transformation with key reforms and signs of recovery

Nigeria accelerates economic transformation with key reforms and signs of recovery

July 7, 2025
Rwanda combines youth innovation and circular economy to build a resilient nation

Rwanda combines youth innovation and circular economy to build a resilient nation

July 3, 2025
7 Tracks, 1 Future: AfriLabs Annual Gathering 2025 Sets the Stage for Africa’s Innovation Renaissance

7 Tracks, 1 Future: AfriLabs Annual Gathering 2025 Sets the Stage for Africa’s Innovation Renaissance

June 25, 2025
Africanian News Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future.

If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to: info@africanian.com

News Categories

  • America (39)
  • Asia (129)
  • Business (1,184)
  • Culture (184)
  • Destinations (52)
  • Entertainment (53)
  • Environment (5)
  • Europe (153)
  • Food and Drink (14)
  • Guides & Tips (20)
  • Health (621)
  • Hotels (4)
  • Meetings (26)
  • News (2,569)
  • Opinion Piece (11)
  • Politics (463)
  • Russia (73)
  • Science (63)
  • Sports (308)
  • Style (4)
  • Tech (317)
  • Trailers (2)
  • Travel (148)
  • US (107)
  • World (426)

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to info@africanian.com.

You can also subscribe to our mailing list to receive the latest updates from Africanian News.

Newsletter

© 2025 Africanian News.

ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
en English

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2025 Africanian News.