Job Security is Dead and What You Can Do about It

Job security is a term that we heard often in down economic times like currently. Job security idea has changed a great deal in the past three decades. Job security used to mean having a great position at a big and successful company. You don’t have to worry for your future if you showed up on time on office and performed your task. Your career advancement and pension is something you no need to worry about, it is certain. The bad news is there is no job security today.

Job security is merely a job attribute that no longer exists in our reversible economy. You will find some reasons that job security has vanished from our job market. These reasons include downsizing, rightsizing, and job restructuring. Global economy has caused companies to be having no longer stoic structures. Companies suffer through buy outs, mergers, and sometimes go belly up. Most employees never consider the possibility for their company goes out of business until it is far too late.

It’s obvious the relationship between employers and employees has changed. The first signs were easy for us to ignore. Almost five million blue-collar workers during the 1980s, when America’s top five hundred manufacturing firms laid off their employee. Those of us wearing suits thinking as just one more in a long line of “course corrections.” Then, when layoffs began reaching middle management in the early 1990s, we blamed them on the economic recession and incapable corporate management. But the economic downturn all over and the layoffs continued. More and more middle-and upper-level managers are being “downsized” each day, and it’s still continue.

There’s really nothing you can do to make your job secure, this particularly make the problem is a troubling thought. In the old days of corporate paternalism, performance and higher status were adequate to ensure your security and advancement in job. Somewhere between the 80’s and 90’s it looked like security would be based on continued corporate profitability. While you had less control over that, you could still impact it somewhat or at least show you personally were a “profit center,” theoretically ensuring your position. But now that’s not even enough. Companies are at the same time announcing record earnings and slashing payrolls. That’s the final straw: There is now absolutely nothing you can do to secure your position.

White-collar, middle-class, and college-educated folks are seeing their living’s standards and prospects for employment fall for the first time since the Great Depression. Sure, there will be new jobs out there, as the economic boosters will rush to tell you. But they’re not as good as the jobs that are being eliminated. Now most of jobs are part-time rather than full-time. They’re fry cook jobs at a local Taco Bell rather than executive spots at PepsiCo’s corporate headquarters. General Motors is no longer the biggest employer in America, now the biggest company is a temporary employment agency. That just about says it all. They are gone the days with jobs that were rewarding.

So what’s the solution?

While there is no more job security available, you can follow in three easy steps learn how to survive job restructuring, make yourself more ‘employable’, and have plan for an emergency. The key to keeping your job while your companies are having reorganization is to be open and positive to change. Losing your job is worse compare to losing coworkers and friends. Working yourself everyday to develop professionalism in constant basis. Take full advantage of corporate funded training, and tuition reimbursement programs. Make sure you stay current with financial trends in your particular career and company read the literature, understand the research, and be willing to share your new knowledge.