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Keeping A Job In A Down Economy

- Jul 22, 2013

Imagine you are one of 4000 employees and one day the external consultants hired by the company you work for suggests to the management that they need to cut costs. To do this, two thousand employees must be sacked or somehow convinced to resign. Another five hundred would have to take a pay cut. You like your current salary and would like to keep it at the same level.

How do you escape sack or a salary cut?

It is no secret that employers in the United States downsize everyday. People go to work one day and discover that they are no longer needed by their employer. Even if they get a severance, they would still suffer some sort of pain. No one likes to lose a job. However, with the current recession, even hardworking employees are getting the sack.

So how do you keep a job in a down economy?

We have prepared five tips that you should apply in your career that would enable you hold a job in the current economic situation.


What new skills have you picked up recently? Have you taken any courses in your local university? Are you up to date with happenings in your industry? The first employees to be sacked tend to be the laggards who have not gotten any extra education beyond the one with which they got their current jobs. Don’t be a dinosaur. Get on with the times and learn new things. Take courses. Get skills that are integral to the success of the company you work for.

If you do this, you are likely to become valuable in the eyes of your employers.


The only way you can keep your job is if the employer or management sees you are valuable. Many employees believe in doing only what they feel is fair for them to do. However, in a down economy, that won’t cut it at all. You need to do more work than your peers. Help the organization save time, save money or make money and you are sure to remain integral in the company’s operations.


This does not mean that you have to be a pompous employee. Just subtly let the people that matter what your skills are. Be your own greatest fan and be keen to spread your ideas on how the company can grow.


You should be able to work on your own. If you face a problem, try to seek for the solution on your own first. While it is good to be able to work on a team, nowadays employers are more interested in employing self starters.


You should ensure that you communicate with your co-workers be they your supervisors or your direct reports. By developing a reputation as a communicative person, you would be perceived as integral to the business processes of your employer. Therefore, you would be unlikely to get the boot in the type of mass sack described in the beginning of this post.

Overall, continuing education and constant improvement is the key to having a successful career. At ACE Employment Services, we help job seekers get great jobs and we thus advise them to get constant education in their specialties.

With great vision, you need great people

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