Saturday, November 23, 2013

Layoffs Coming? - Catch the Signs -- They're There

As employees and job seekers thoughts turn to holiday plans, employers thoughts turn to rightsizing their organizations. Catch the signs!

It’s that wonderful time of year, when . . . . . the best present you could get would be a bright shiny job offer in your in-box if you're a job seeker, and a fat end-of-the-year bonus check if you're an employee.
It’s also that less-than-wonderful time of year when employers look at “rightsizing” their organizations for the coming year.  In “corporate- (and HR)-speak” that means looking ahead at the # of employees they pay and comparing that to the amount of work they will get paid for by customers.  It’s a pretty logical and simple formula.

Amount of work to be done = Number of needed employees.

● If there isn’t enough paid work to be done to support hiring, that = no hiring for job seekers.

● If there is too little paid work to pay the current employees, that = layoffs - if not now, then soon.

Don’t be caught unaware.  Catch the signs, albeit subtle.  Plan your next career moves, and job search moves now.  Hope for the best, but plan for the worst.  

For additional information and advice, click on the "Articles" tabs and refer to  You've Got the Job Now What? sections of the AJC–Career Strategy website.
For additional information on marketing yourself and your capabilities, please refer to the many articles found under the Articles tabs of the AJC–Career Strategy website.
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