12 Steps to Recession-Proof Your Job

With cutbacks and layoffs happening everywhere, there may not be any opportunities for promotion within your company. To keep your name on everyone's minds, start off by proving your worth—and recession-proofing your job. 

By Craig Segal for readersdigest.ca

Try the following strategies from Karen Coe of TMP Worldwide Executive Search and Ken Scott of Axmith  to make yourself the No. 1 choice should a position open up:

  1. Be the best at what you do. Show others how to raise their skills, too.
  2. Be the first to suggest cost-cutting ideas and track the return to the bottom line, even if it’s only in your area.
  3. Examine how to redesign your own job to find ways to broaden its contribution.
  4. Be prepared to put in extra hours to increase productivity and deliverables.
  5. Keep a high profile in activities closely aligned with the company’s values, which includes volunteer work with charities and corporate causes that broadens your network and evidences contribution that is not self-serving and is team focused.
  6. Don’t wait for the job vacancy. Pave the way by making sure your boss knows you want more responsibility.
  7. Employees need to treat their own company as a client. In order to stay competitive, inform your employer of your competencies and your talents.
  8. Prepare for positions you’re interested in. If you’re gunning for a job in a foreign country, begin taking language classes before any opportunity presents itself. Think about portability.
  9. Likewise, don’t let a company know you’re interested in a foreign post if you can’t do it. You could, though, tell them you can’t do it. That helps them know where they can promote you.
  10. We are facing a severe management shortage in Canada with baby boomers retiring. Companies are  deciding who their top talent is, in order to keep them.
  11. Opportunity comes to people who are dressed for it, so always be ready.
  12. Follow through in every commitment you make to your boss, colleagues or anyone else.

Published in : Home & Garden » Money
No votes yet

Post a comment

  • Digg
  • Delicious
  • Heart
  • Mail
  • Print
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.

Looking for more great advice? Sign up to our newsletter for more useful tips, delivered straight to your inbox.

Recent Features

  • 4 Secrets to Saving for Retirement

    GICS? Dollar-Cost averaging? Sort through the confusion and plan your retirement responsibly by learning the tips and tricks to retirement savings.

    Published in : Home & Garden » Money

    0 comments

  • RRSPs and Investing Guide

    Take the steps necessary to prepare for your retirement with this one-stop guide to RRSPs, investing and financial planning.

    Published in : Home & Garden » Money

    0 comments

  • 16 Amazing Birthday Freebies

    Rake in the loot, and start cashing in on all the free birthday goodies you can claim across Canada.

    Published in : Home & Garden » Money

    0 comments

  • 6 Tips to Survive an Audit

    Nobody expects to be audited. But with at least 434,000 Canadians investigated every year many are left flat-footed when the inquiry letter arrives. Make sure you're prepared by following these easy steps to securing an accurate and fair audit.

    Published in : Home & Garden » Money

    0 comments

  • 9 Secrets to Solving Problems

    Whether at work, home or in your personal life, coming up with creative problem solutions can be a difficult task. Try these simple ideas the next time you’re posed with a tough problem.

    Published in : Home & Garden » Money

    0 comments