Unless you Own the Company, Your Job is Not Safe
I’m not one to jump on the doom and gloom bandwagon, especially since it seems that we might be at the beginning of at least some sort of stabilization in the economy. But I think it’s interesting how so much media is devoted to the idea that people are always shocked when they lose their jobs. Anyone that is truly shocked at this point, given the constant reminders of the economic troubles of the world, is simply not paying attention.
There are more and more articles out there about how Gen Y-ers are being forced to deal with situations like job loss and disappointment, which until the economic free fall had been entirely foreign to them. And obviously, the 20-somethings aren’t alone. Everyone’s feeling some sort of pinch, even if they still have their job.
But the mindset that just being well-educated and hard-working is enough to ensure that you’ll have a job – all the time – is what I find most interesting. There is never a guarantee that companies are going to need your services or that they are going to be willing to pay what you consider to be a fair wage.
Unfortunately, unless you own the company, you’re entirely at the mercy of those who do. When the economy goes sour, the only people that they absolutely, 100% must protect are themselves. And you’d do the exact same thing if you owned the company. You’d do the same thing if you didn’t own the company. It’s just the way business – and the world – works.
In a strong economy, for example, you wouldn’t stay with your accounting job if the company could no longer afford to pay your salary. And you couldn’t really expect the company to continue to pay you when they are not making any money from doing so. Instead, you’d try to find companies that are trying to hire accountants and your employer would be looking for ways to streamline their operation.
Ultimately, decisions would be made and a new situation would establish itself. Maybe you start your own accounting firm and you hire your old boss to manage it. Maybe your old employer re-organizes as an IT firm and becomes your biggest client.
In today’s business world, it seems that jobs, careers and companies are all in a constant state of flux and rapid evolution. The sooner we embrace that idea, the sooner we’ll be able to profit from it.
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6 Responses to “Unless you Own the Company, Your Job is Not Safe”
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Owning your own business sounds like a nice idea but it hard to gain new clients, make new sales…in short get people to spend money on your product in a bad economy. A bad economy is a bad economy. I know it’s all psychological but we have to take care of ourselves, don’t we? I don’t know that answer; wish I did!
Don’t forget its staff and production workers that make up the large percentage of unemployed. Management unemployment has remained about same.
My opinion concerning employment is that you need to be willing to do what it takes to make a living. The key is diversity and willingness to do different things. I am in that situation and after losing 4 jobs in the past 7 years, I have yet to be on unemployment. I have a system for it.
jtsjobgripes.blogger.com
Starting a new business is greater idea but it need proper evaluation and proper planing . Whithout proper plaining your business cant make any sound .
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I think a time like this will also set apart the people that are truly driven to succeed, and the people that somewhat loaf. When employment is at three percent, its expected that companies are going to be hiring the wrong people for the job.
When unemployment is at ten, and there are tons more applicants for the same jobs, the right hiring decisions are more likely to be made. This is great for businesses – and job-seekers, if they realize that now they don’t have to settle for “Well they’ll take me,” but instead can find a job that’s both a perfect fit for them and the organization. Why not be positive?
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