Want To Keep Your Job In A Recession?

By Keith Wymer, Our Managing Director.

Keith (2)

Keeping Your Job In A Recession

When prospective students come to visit our Course Advisors, keeping a job in a recession is often a common topic of discussion.

Our Course Advisors get asked questions such as, “what skills will help me keep my job if cuts are coming?” and “my role has already been made redundant. What skills will I need to get a new job?”

Nobody likes to have to lose people through redundancy – it’s much more emotional than firing someone for incompetence, but in this case, the employee is often blameless and is simply a victim of economic circumstances.

When bosses have to make these tough decisions, they have to calculate the cost to the business of losing each individual.

For example, the most difficult people to let go are usually those with the longest service.

That’s because the cost of letting them go is often greater than the cost of keeping them, even if they’re not the best producing members of staff.

None the less, in the current recession, this group seems to be quite vulnerable.

The second group they want to keep are those who deliver the most value to the business. These are the skilled ones.

The ones who are most likely to be culled are either the least skilled or the most recently hired.
Want to keep your job in a recession? The key seems to be being able to demonstrate the skills that prove you deliver the most value to the business.

And as a minimum, I’d say you need great typing, Word and Excel skills.

But the problem with this is that most people are self-taught and don’t realise how much more value they can add by developing their skills in these areas.

For example, about half the people I meet are 2-fingered typists. This results in low productivity due to slow data entry and making lots of mistakes.

Imagine how much more productive you would be if he or she could move up from a net speed of 12 wpm to 70 wpm!

It’s fairly easy to develop this skill!

Where Word and Excel are concerned, most people use just a fraction of their functionality. This is a bit like just doing the minimum and hoping to keep your job.

But if you want to be one of the highly skilled, super-productive group who are likely to be retained, you need to think again.

If you can’t record macros, perform mailmerge or create formulae such as avg, max and min, you’re leaving yourself open to being in the unwanted, unskilled group.

So the message is, skill up to keep your job. It won’t take you long and will prove a valuable investment in the tough times that are on the way.

To book an appointment with one of Course Advisors to improve your chances of keeping your job in a recession, just contact us by email or phone.