Can You Predict a Layoff
October 21st 2008 02:04
Predicting whether a layoff can be difficult, but you can watch for signs that your employer is preparing for something big. One of the first things you should always do is be aware of the financial status of your organization. You may not have access to budget information but there will be clues that something is happening.
1. Are other positions not being filled? If your employer is not filling positions after an employee quits or retires that could be a sign. This is especially true if it is happening frequently. One or two positions may just be part of a reorganization. More than that could mean something.
2. Are you seeing a reduction in force in other departments? This could mean more too since no one is safe when cuts occur. Your job may be ok for awhile but not for long.
3. Are items needed for regular work functions being cut? This can mean that money is becoming a problem overall for the company. If important resources are being cut, it won’t be long before people go to.
Even if you don’t lose your job, these signs could mean that your company is dealing with financial difficulties. If they don’t correct these problems and turn the company around, you could see it go out of business and face being jobless either way.
I think it’s important to always keep your options open. Whether your company is doing well or not, keep looking for new opportunities. You never know when you will need to take on a new possibility in your life.
1. Are other positions not being filled? If your employer is not filling positions after an employee quits or retires that could be a sign. This is especially true if it is happening frequently. One or two positions may just be part of a reorganization. More than that could mean something.
3. Are items needed for regular work functions being cut? This can mean that money is becoming a problem overall for the company. If important resources are being cut, it won’t be long before people go to.
Even if you don’t lose your job, these signs could mean that your company is dealing with financial difficulties. If they don’t correct these problems and turn the company around, you could see it go out of business and face being jobless either way.
I think it’s important to always keep your options open. Whether your company is doing well or not, keep looking for new opportunities. You never know when you will need to take on a new possibility in your life.
| 55 |
| Vote |
subscribe to this blog
