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Will my job last during these economic times?
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With unemployment at an all time high, having concerns about job security is normal. There are industries that are more recession proof then others and not every company is closing or laying off. Rather then concentrating on the negative, it's better to gain a realistic view of where you and your company actually are.
Stock quotes- If you work for a large company that is publicly traded check where the stock is trading at. Utilize the services of on-line money sites and free consultation of a broker to gage where in the market your company is traded.
Network with other departments- It never hurts to make friends within other departments. Having connections in Accounts Payable can shed insight into if vendors are being paid on time and networking with the sales team can provide company awareness with proposals and bids circulating.
Know your competition- Reviewing the competitions website and reading their latest news will allow an insight into your industry. Companies trending up or down during a recession will help you see where your employer is in the market. Look for opportunities to meet people who work with your competitor and ask id their organization is keeping pace.
Location, Location, Location- Certain regions seem to maintain better economic numbers during tougher times. It's important to see how
Listen to the watercolor- Sometimes office gossip can provide insight into what is happening behind the scenes. Listen the next time management vents to a co-worker and review internal job postings. Be aware of your surroundings and see who seems happy and which departments seem less the enthused to be there.
Keeping a checklist of the pros and cons of how you feel with your employer is a good beginning step. rather then worrying and making assumption, be prepared with facts and market research. An informed employee is less likely to make rash judgments and may just make going to work seem less volatile.
