How to Handle Your Job Benefits After Leaving a Job
What happens to all those hard earned benefits after you leave a job? This infographic will help you handle your job benefits, take a look.
Full-time employment can have numerous benefits in addition to a salary or hourly wage. Not only are you networking with like-minded individuals and gaining significant experience at that company, but you are often eligible for different employee benefits.
Some of the most common job benefits include paid time off, sick days, health insurance, pension and retirement. Perhaps the most important, health insurance can help cut down out of pocket costs when it comes to affording dental, vision and general medical bills. Some companies will even offer a career development budget, more than two weeks paid vacation and other benefits as incentive for an employee position.
However, in the midst of the COVID-19 pandemic, millions of individuals are experiencing the effects of being laid off or furloughed from the positions they’ve depended on to receive crucial job benefits.
One important aspect to consider when leaving a job is what exactly happens to your benefits. Although there is no one simple answer, it does from company to company and depends on unique situational circumstances. The best course of action you can take is investigating if you are qualified for unemployment and then submitting a claim so that you can stay afloat until you secure a new position.
To dive into everything you need to know if you’ve experienced a layoff or think you might be facing one soon, the aforementioned job benefits guide designed by CreditRepair can help you navigate the process. It outlines everything you can expect when it comes to your benefits after a job loss and how you can protect yourself every step of the way.
Bookmark this Infographic from CreditRepair.