Job security isn’t what it used to be. Years ago, job loyalty and hard work meant working at a company for 30 years before retirement. Now, it’s uncommon for employees to work only one job their entire career. Most people will work several jobs within their lifetime because of layoffs, recessions, and downsizing, among others. Job security is a scary thing. But, how can you live with a lack of job security?
Keep your resume current. Always keep a current copy of your resume on file. You never know when you’ll need it. Resumes can take a lot of time to prepare. And if you are laid off, or know you will be in the future, you have a leg up on your competition (i.e. other colleagues that are being laid off as well).
Save money. You never know how long unemployment will last. The state of the economy is a deciding factor as well. Job searches can take months. For some, even years. Be smart with your money. Losing your job could mean losing your home and struggling to put food on the table for your family. Save what you can for emergencies.
Learn to deal with stress. Everyone reacts to stress differently. Stress often stems from a sense of not being in control; however, you are always in control. You just have to take action. If you fear you’ll be let go, be proactive and seek out new positions. You can also learn new skills, or consider a career change.
Continually educate yourself. Always stay current with the latest trends, programs, or information in your industry. If you can make yourself a more desired candidate, they’ll keep you around. Become an expert in your industry. That way, if you find yourself in a job search for even temp or short term work, you are a highly desirable candidate.
How do you cope with job insecurity?