Ways to Face Pink Slip Confidently
Coping with the unknown and not knowing whether you will have your job tomorrow or in a few days or even next year can be very stressful. But here are few simple steps that can prepare you for a job loss
In the current tough economic climate, job security is very scarce. You may have had a job for many years with promised retirement benefits plus think you are safe, but the allows of globalization and the New World Purchase are at work and your job is just not as secure as it might have been 20 or 30 years ago.
You can follow easy steps so as to prepare yourself for a job loss or even when you know that you will have a job for a while.
1 . Invest in precious metals like gold, silver and platinum. Gold and silver are a good long-term investment to get difficult times. First of all, as the buck falls, the value of precious metals increases. Presently, the ballpark rates for precious metals are as follows. Gold is roughly worth $900 an ounce, Silver precious metal is roughly worth $27 an ounce and platinum is even more valuable than gold at $2, 000 an ounce.
2 . Maintain a rainy day fund which can be a special bank account or even a bank account below your mattress with money that you do not contact unless you really need to. This extra money can be useful in times where you cannot pay bills, for example when you have lost your job.
3. Learn about online marketing and working on the internet. Lately, the internet can be a great source of passive income. There are several companies out there that provide services for all those people who are novices at internet marketing and etailing. Etailing can be done by having an e-commerce site and being able to sell items by using a dropshipper. One of the best services to assist you build your online store is Stores On the internet which is based in Colorado.
The best thing about the internet is that you can have a website where you sell something and it can create some sort of income when you don’t have the particular income coming in that you had when you experienced your job. If you have writing and other computer skills, you can also freelance on the internet and find work online. The internet can be a great safety net if used correctly if you lose your job.
4. Keep a tight spending budget when you get information that your company is planning to downsize its workforce. When your employer is downsizing, you might or may not lose your job, but you should always hope for the best but prepare for the particular worst.
Marketing yourself can often help your situation
The reason why many people get themselves stuck in a rut whenever losing their job is because they have a poor way of marketing themselves. Marketing and advertising yourself is just as important when you lose your job as it is when you are looking for your first work. This especially applies to professionals.
Should you have a high-profile job which has a great salary, the fall from losing that job can be a very hard 1, but if you have a portfolio that displays all your skills and achievements, you may be more likely to find a new job much faster. You need to remember, in difficult economic times, employers will only hire the best of the best. Being able to multitask is also vital to finding a new job once you have out of work. Steps that can help you find a new job quicker once you have lost your job are:
one Keep a good repo with your company. Being on good terms together with your boss is crucial in finding a new job. Many employers look at the relationship with your previous employer before hiring you. They like to check if you like to work, how you work, your job performance, and so forth
2 . Clearly show your skills, achievements and other positives. Employers look at what skills you have. The more abilities that you develop, the more likely you are able to land another job faster after you become unemployed. If you have past work-related achievements such as employee of the month or calendar year awards, display them in your continue. This can be a great plus when trying to get a new job.
3. Have a look great image when applying for a job. Possess a clean-cut image. Dress in a professional manner and keep your hair nicely combed, be clean-shaven or have your mustache plus beard well-groomed, keep your finger fingernails clean and clipped.
Health insurance and job loss can be a big problem.
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Generally, if you have a professional office job, your employer provides you with some kind of health insurance. This means that if you lose one, you will most likely lose the other. Most people who get laid off from their jobs also get rid of the benefits that they had when they were working at that particular employer. This is how e-commerce site comes handy as mentioned above.
If you can successfully have an e-commerce site, you still have some passive income that can be used to buy a secondary health insurance policy intended for such cases. If you do not have the ability to take a step on the internet, you can look up the US Department of Labor for advice on getting health coverage while you are out of work.
The US Division of Labor has some programs for example COBRA that can help find people who reduce their jobs find affordable medical health insurance or even subsidized health insurance.
Whatever you do, job loss is a possibility which is constantly looming in today’s economy and there are many charities and other services offered to help you find a new job or obtain unemployment benefits until you find one more job.