Few things make the average employee shudder more than the word “recession”—it's pretty much a given that, when there's a downturn in the economy, layoffs can’t be far behind. But you aren’t completely helpless. Aside from working hard and simply hoping for the best, you can take matters into your own hands and increase your chances of keeping your job.1. MAKE YOURSELF INDISPENSABLE.
While companies generally believe that no employee is indispensable, you can at least make the powers that be see your worth. Just because your company is cutting down on employees doesn’t mean there’s less work to be done. Volunteer to take on extra tasks as long as you’re capable—even if they’re outside your job description. Take it upon yourself to make work more efficient and to cut costs whenever possible.
2. PUT YOUR VL ON HOLD.
Sure, every employee is entitled to vacation leaves. But going on a break while your company is undermanned sends the signal that you’re not a team player. You don’t want your name to be on the list when the bosses consider which employees should go, so if you can help it, put off your leaves until after the economic difficulties subside. This way, you can go on that beach getaway and sip your piña colada without having to worry about whether you’ll have a job waiting for you when you get back.
3. GET SOME TRAINING.
How can you stand out among other employees doing essentially the same work you’re doing? Make sure you have something to offer that other employees don’t have. Getting another degree, certification, or some form of training to add to your skill set. Companies may cut back on mass training programs during difficult times, so take the initiative and scout around for programs to improve your skills. Once you find a suitable one, you could talk to your boss about it—if your company can benefit from your training, they just might shoulder the expenses, but be prepared to pay your own way.
4. CONSIDER SWITCHING TO MORE STABLE INDUSTRIES.
Despite all your effort, a layoff may be inevitable if you’re in any of the industries mentioned, so consider moving to safer havens. Take stock of your options and see if it’s possible to shift to a company that offers better job security.
Read these articles for more career tips:
- Deal or No Deal? 6 Reasons to Say No to a Job
- When Layoffs Happen to Good People: 6 Tips for Coping When You've Been Let Go
- Burnout Busters: 3 Tips to Avoid Working Yourself to Exhaustion
- Job Satisfaction Leads to Better Mental Health + 5 Tips on Turning a Hobby into a Career
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(First published in Marie Claire Magazine, Career section as "Recession-Proof Your Career" in March 2009; adapted for use in Female Network. Photo source: sxc.hu)
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