Surviving The Downturn
Posted in Job Loss & Resignation
No one knows exactly how long the current recession will last. The construction industry, financial services, and automotive industry were hit big time early in the downturn and are still suffocating. The technology and retail sectors and other vital areas of the American economy are also struggling.
So what does the new year have in store for you? How can you position yourself to survive in this tough environment? Read on for some tips that will help you do well in 2009.
Don't feel resigned, be realistic
The state and local governments face extreme budget pressures, according to John Challenger, CEO of the global outplacement company Challenger Gray & Christmas. On the other hand, the federal government may boost spending in attempts to stabilize the ailing economy. If you're on a job hunt, it's very helpful to understand the pressures industries face.
Be optimistic, however, and don't allow the bad news stop you from looking a job. Career coach Mary Jeanne Vincent says, "There are jobs in every industry," adding that, "It's really about knowing what you have to contribute and making sure you go the extra mile." Be realistic and don't feel resigned.
Stay employed, if you're not miserable
Career experts advise employees to stay employed to make it through the recession. Even Employees of the Year sometimes lose their jobs. So try to hold on to your job, provided you're not miserable. You can avoid job loss by making sure your boss knows your contribution to the company. According to Vincent, "If your manager doesn't understand how much you contribute, he or she cannot defend you when asked to make cost-cutting decisions."
Be an asset to the company. Make yourself useful by letting your boss know that you support him or her. You must also concentrate on core work. Be very threatened if your work is only peripheral to the main goals of the company as it makes you a layoff candidate. Be the expert on many things that nobody else in the company can do.
Getting a new job
If you're looking for a job during this tough time - for example, your company is in the brink of collapse - don't lose hope. With hard work and patience, it is possible to land a new job. Cast a wide net by looking for jobs online and meet people for some informational interviews. You have to "get out there and press the flesh," says Vincent.
Also, you need to practice selling yourself to the company - why they need you and what you can contribute. Lastly, don't wait. Continue searching until you find the right job for you.
