Job security is disappearing
Job Security Is Disappearing -- What Does It Mean For You?
When I was a kid, the adults around me would get a job and keep the job for ten or twenty years. It was very unusual for someone to change jobs.
Then corporations started shedding layers of management. Jobs started to move offshore, and outsourcing became popular.
When I entered the working world it was still common to keep the same job for decades, but even when you didn't hold a job that long you could expect to stay employed for three to five years.
Things kept changing. More and more people would take a job with the hope and expectation of staying in the job for awhile, but then somebody in a conference room many time zones away would make a decision and the job would disappear.
It became commonplace to take a job, learn the job and then have the rug pulled out from under you.
Now, we never know how long a new job is going to last.
These days it is hard to find a working person who hasn't been laid off at least once. Some people have been laid off five or ten times. It is no longer unusual to be told "We're eliminating your department" or "We're getting rid of your position."
Back when layoffs were more unusual than they are now, you would get a financial cushion if your job went away. You might get four or six months of severance pay. That is unheard-of now. If you get laid off these days, you're lucky to get four to six weeks of severance.
We have to run our careers differently now. We are all entrepreneurs in the new-millennium workplace, even when we work for other people.
It doesn't matter whether you work for a corporation, a startup company, a government agency, a not-for-profit organization or any other entity. You still have to run your career like a business.
Your career is a business! It's your business to run. You are the CEO.
Home business solutions are becoming more and more popular. Especially in the face of a pandemic such as we are currently facing. The time is now to secure your financial future!
If you want to find out how we were able to secure our financial future, get in touch! You can also visit our YouTube channel:
Source: https://www.forbes.com/sites/lizryan/2017/05/23/job-security-is-disappearing-what-does-it-mean-for-you/#783e46852173
Comments
Post a Comment