by millionairemind » Mon Dec 14, 2009 3:50 pm
Published December 14, 2009
Avoid getting that pink slip
In a tough economy, it can be difficult to hang on to your job. But it's equally important to take advantage of every opportunity to boost your employability, says N RAVINDRAN
MOST countries are going through a tough patch economically. Simple economics says that when people don't have as much money available to them, or are just not willing to spend it, they don't buy as much. And when they don't buy as much, companies can't sell as much. When companies can't sell as much, they don't have a lot of money to grow - or worse, they may have to shrink. One of the first places they shrink is in payroll or jobs. No job is safe - whether you are laid off usually depends on what your role brings in terms of contribution to the bottom line of the firm.
This logical progression causes many to worry when markets face a downturn. But there are some concrete things you can consider to boost your employability.
At the very least, the following three actions can help you recognise your own accomplishments and feel better about your work. They might even help you get a promotion, or fend off retrenchment.
# Take charge of your job performance evaluations. Be proactive.
# Find out what your employer needs done and learn the skills to do it.
# Follow the standard rules about work behaviour. Check yourself on these.
Performance evaluations
Your employer would have a formal system of annual job reviews. Make that system work for you. If there is no formal system in place, schedule annual or quarterly meetings with your supervisor to go over what you've accomplished.
Set a limited number of major goals for the year and ensure these are attainable. Agree with your supervisor about how you will show your success. Take time to record notes about what you're accomplishing. Keep these easily filed for reference.
It's easy to keep some sort of evidence for every result you achieve. One way is to save compliments, praise and appreciation you receive from others. File appreciative e-mails. Ask satisfied colleagues and customers to write a formal note about your work.
At your performance review, organise your notes to show how you've accomplished annual goals. Elaborate about other goals added during the year. Use your review to display your skills and accomplishments. Tie in your achievements to your department's or organisation's highest priorities.
Ensure that your supervisor looks back over the whole year instead of just on recent situations or problems. Demonstrate your interest in your work and your desire to do or learn more. If something needs improving, be the first to mention it. Sketch out a plan to correct any problems. List what new skills you will learn next.
No matter what kind of work you do, it is very important to keep your skills up to date. Be aware of your employer's priorities and what might be needed to stay ahead. Sometimes, it is obvious what you need to do. For example, your employer may be getting new equipment or implementing new procedures. Make sure you take the necessary training and learn the skills needed to operate the new equipment or carry out the new procedures.
In some instances, it may be harder to figure out how to stay ahead. Talk with your supervisor. Pay attention to company newsletters and reports. Take advantage of any training offered by your employer.
Brush up your skills
Benefit from employer-provided training when it is available. Find low-cost national programmes to fill in the gaps. The idea is to look for chances to increase your knowledge in three areas:
# Skills directly related to the content of your work;
# Skills related to how your work is done, such as new computer systems;
# Skills related to the people side of work, such as communication or diversity training.
Make sure your supervisor knows what skill training programmes you take. Show your willingness to take on new tasks or to update how you accomplish your work. It's best to invest your time in learning skills that will help you solve problems or help deal with customers. You have the normal channels of learning - classes and books, but you can also learn a great deal from others.
It is vital, especially when you're faced with a possible job loss, to network. You should seek out as many people as you can who have some knowledge that you need. Then, offer to help them in some way - with something you know or something you can do. In all cases, target your knowledge. Don't waste time learning something you won't use to keep your job - at least not right now.
Every organisation has customers. The life blood of the organisation, if it is to survive, is to service these customers. The most important thing to everyone in the company should be the customer. You should work very hard to find out where you fit into that structure, and leverage on that as much as you can.
If finding out what the organisation needs and implementing them is important to your bosses, finding out how to help the customer is important to the top levels of the organisation. When the time comes to cut heads, you would probably be the last to go if the customers love you.
So your job is to find out how you can interact with and satisfy the customers. Use blogs, forums, and user groups to put in an extra effort in those areas to know how best to serve your customers well. It's best if the customers appreciate and mention your efforts to your bosses, but if they don't, you should.
Watch your behaviour
Be a valuable team player. Avoid gossip as much as you possibly can. Learn what to say to deflect it. Stop complaining and recognise the good work of co-workers. Be aware of others' work patterns. Try not to waste their time.
Look at the big picture when something irritating happens. Pick out every other reason but a personal one whenever you can. Be known as the positive person who wants to solve problems cooperatively.
You should consider your position. If you were suddenly put in charge of the company and told to turn it around within a year, would you consider your position indispensable? If, for instance, you're a systems analyst and the answer is 'no', then take some action.
You need to start helping out in other areas. For example, if you expand your skills set and learn to troubleshoot computers as well as just PC systems, maybe you won't be the one laid off. After all, the other systems analysts may not be as capable.
Consider your contribution. If your position is indispensable and there are others who hold similar roles, evaluate your contribution against theirs. Be brutal with yourself. Ask yourself if you are doing everything you can or if you are working as hard as you could and contributing a lot. If the answer is 'no', change that.
The bottom line is to add more value. No matter what type of position you have, talk to your manager about how you can help him or her. You may feel resentful or angry at management and that's understandable, but these are tough times for them too.
Most managers will agonise over having to make layoff decisions and over the stress of the resulting additional workload. They are being asked to do more with fewer people and they are probably going to lose sleep over it. Talk to your manager about how you can take on extra work to help ease the burden. Being proactive reduces your chances of getting a pink slip.
So what if you do all this work, help the company, work with the customers, do your job well, and you get laid off anyway? You need to do two things: Start looking, and keep working.
Hopefully you've built up a network of friends in your field or profession, and now is the time to talk with them. Send e-mails using your personal e-mail address stating what has happened, and what you're good at and the position you prefer. Include things that are both general and job-specific. Attend as many professional gatherings that you can, and make sure you have cards with your information on it so that you can be contacted. It's a numbers game at this point.
You should also keep working. You've lost your job, but you should find a volunteer organisation or somewhere else that you can help. It looks good on a resume, it can lead to more contacts, and it keeps you sharp at what you do.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.