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8 Ways To Tell If Your Job is At Risk

8 Ways To Tell If Your Job is At Risk

    It’s Friday! And while that may mean TGIF parties for many of you, Friday is also a day that is commonly considered the “best” day to lay off employees. Some companies are very good at keeping internal restructuring under wraps. However, there are often a few warning signs that indicate that your job (or even your whole division) may be at risk. Will your Friday night end with winks and beers or drinks and tears? Read on to find out if your job might be at risk.

    1. Watch the Markets

    If you work for a publicly traded company, it’s important to track the price of your company’s stock. The rise and fall of a stock isn’t a perfect barometer for predicting layoffs, but it can often be an early indicator.

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    You should also make an effort to track your company’s profit margins, whether or not you own stock in the company. If you see sharp drops in any quarter, brace for impact.

    2. Keep Tabs on Other Locations

    If your company operates out of multiple locations, keep your ear to the ground and stay abreast of any hirings and firings at other branches. Your market may be different from the other branches, but what happens at one branch is likely to happen at another branch.

    3. Look Out for New Faces

    In the movie Office Space, you know things are about to go south for Initech when two consultants show up and start to separate the wheat from the chaff. If your company starts hiring consultants, or creates a new directorial position that seems like it could also be used to cull jobs from your organization, this can be a warning sign that there are cuts in your company’s future.

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    Another type of fresh face to keep an eye out for are security guards at your building. The larger the company you work for, the more likely it is that your employer will hire extra security guards in the event that a laid off employee freaks out and needs to be escorted off the premises.

    4. Look for WARNings

    According to online job search expert Susan Joyce, you may be able to get up to two months of advance notice if there is a mass layoff in your company’s future.

    “In the US, companies meeting certain specifications are required to provide 60 days notice to affected workers and local governments in advance of plant closings and “mass layoffs.” This is a requirement of the WARN (Worker Adjustment and Retraining Notification) Act. A WARN notification is required if more than 500 people (or 33% of the “active workforce”) are being laid off. Check your state’s Department of Labor (or whatever it is called in your state) to see the notices that have been filed by employees in your state.”

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    5. Executive Meetings Becoming More Frequent

    If you hear tell that the execs from 5 different branches from all over the country are meeting with increased frequency, this is definitely a signal that there is something important worth talking about. It isn’t always a bad thing…but if there is a sudden increase in the frequency of these meetings, that might signal that the thing being talked about has urgent financial ramifications.

    6. Your Hours or Pay Are Reduced

    Before flat-out firing people, some companies prefer to offer pay cuts or reduced hours to their employees as a preliminary measure to cut costs. If this happens to you, or happens to other people in the company who are at your pay grade, this should set off some warning bells. On the plus side, you may be eligible for part-time unemployment benefits, depending on your state’s laws, which can cushion the blow while you look for a new full-time position.

    7. It’s Been Ages Since You Got New Office Supplies or Technology Upgrades

    A company in financial trouble will likely cut back on office supplies, which might range from pens and paper to desktop computers and company-provided phones. If the office itself is starting to look run down and like its in need of an upgrade, it’s indicative of excessive belt-tightening measures.

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    8. Your E-Mail Suddenly Gets Managable

    According to Brian Satterfield of HRWorld, a sudden change in the volume of your e-mail is never a good sign.

    “A sudden, pronounced and prolonged drop in the volume of email you receive may be a welcome respite from communication overload, but it also might mean that key projects that would have normally been assigned to you are being handled by employees that the company sees as key to its future. Meaning, not you.”

    Conclusion

    Friday is actually a terrible day to fire people, according to Karen Lucas, a Chicago executive coach. She says that firing employees on a Wednesday is better because they don’t have to wait for two whole days to start their job search or apply for unemployment.

    We hope that these warning signs have been helpful, and we hope that everyone reading this has a long, happy career at their current company.

    Have you recently been fired or laid off? What warning signs did you notice before you got the axe? Tell us in the comments below!

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    Last Updated on February 15, 2019

    How to Achieve Goals and Increase Your Chance of Success

    How to Achieve Goals and Increase Your Chance of Success

    Does it ever feel like the things you want to accomplish always end up on the back burner? If the answer to that question is “yes,” you’re not alone. Only about 33% of people consistently work toward their goals. In some cases, their goals may seem too lofty to accomplish, or else they aren’t sure how to make a plan for them.

    If you don’t come up with concrete steps to take toward your goals, they’ll remain dreams. There’s nothing wrong with being a dreamer, but being able to turn your dreams into goals you can realize will help you lead a happier and more fulfilling life.

    Luckily, you can realize almost any dream when you harness the right goal-setting methods.

    In this article, I’ll show you how to achieve goals and get closer you success.

    1. Break your dreams down into specific and measurable steps

    We couldn’t talk about goal-setting without mentioning SMART goals.

    SMART goals are specific, measurable, assignable, realistic, and time-related.

    Specific and measurable steps are so important because if we don’t know what our target it, how can we ever hit it?

    Take all those beautiful dreams you have for yourself and make them into things you can actually do. If you want to be an entrepreneur, for example, a step toward realizing your dream might be researching what you’ll need to start your business.

    Find out more tips about utilizing SMART goals here:

    How to Use SMART Goal to Become Highly Successful in Life

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    2. Have at least one clearly defined goal for every interest and role in your life

    It’s so easy to become complacent or stagnate. We often think that our careers are the only places where we need to set goals, but we aren’t only what we do.

    To make the most of your life, take the approach that you’re always learning and growing in everything you do. Anything worth doing is worth doing well after all.

    Set goals whether you’re sponsoring an activity for your child, taking up guitar lessons or trying to prove your worth at work.

    You’ll notice that this approach forces you to constantly develop new skills. It can also be fulfilling to put more focus and value into all areas of your life— not just the ones related to our careers.

    3. Align your goals with your life’s mission, purpose and passion

    Take the opportunity to do some soul-searching. What is it that you want to do with this precious life of yours?

    Anything that conflicts with your life’s purpose is bound to cause discontent. Staying in a bad relationship, doing a job that goes against your values, or maintaining the status quo just because it’s comfortable are not options for you.

    Thinking about your goals in this way can help you eliminate things in your life that don’t serve you. This frees up mental space that you can use to do the things you care about the most.

    Many of us struggle to find the time to work on our goals, but this strategy enables you to make more time.

    4. Create goals that ignite your spirit and inspire you to take action

    If you can’t be fired up about your goals from the start, they might not be good goals for you.

    The road to success is often tough. You’re going to have times when you might feel tired or discouraged.

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    You need to feel inspired enough that you’ll be able to overcome obstacles as you encounter them.

    If what you’re doing motivates you to be the greatest version of yourself, you’ll be much more resilient.

    5. Write down all your goals in specific, measurable detail

    This is your road map for what success will look like. The more you define what you want the finished product to be, the greater the chance that you’ll reach that vision.

    When you write down your goals, you’re creating a document that you can revisit to make sure you’re on track.

    When you’re in the middle of trying to achieve a big goal, it can be hard to see what’s working for you. The things you write in this step will help you stay on-message as you take your goals out of your mind and into the real world.

    Don’t just write down your goals and stash them away in a folder somewhere. Take the extra step to put them somewhere where you’ll see them.[1]

    If you have too many goals to post on your desk, write a summary or choose one or two steps to work on for the day. Just seeing them will keep them in the front of your mind.

    6. Commit to hitting each of your targets without exception

    You wouldn’t have created the target if you didn’t think it was necessary. Hold yourself accountable for taking the steps to succeed.

    You can always adapt your strategy or break your targets into smaller steps if you find that they aren’t attainable as you originally wrote them.

    Hitting even the smallest target is cause for a celebration. It’s a step in the positive direction. Your success will make you crave more success.

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    We often make excuses when we get tired or overwhelmed. Take away the option to make excuses. You will only be satisfied with the best effort from yourself.

    7. Share your goals with others to motivate each other

    There’s something so powerful about people sharing their goals and dreams with one another. Doing so gives voice to some part of us that could remain hidden (and therefore never be accomplished).

    When other people know about your goals, they can cheer you on and hold you accountable. When people share their vision with you, you can do the same for them.

    This strategy is particularly beneficial when you’re trying to develop healthy habits. Post about your workout on social media, or do a healthy eating challenge with your best friend. You’ll be less likely to slack when temptation arises, and you’ll probably encourage someone else to reach for their goals too.

    8. Set a series of daily, weekly and long-term goals, complete with starting times and deadlines

    Many goals never reach realization simply because the goal-setter doesn’t check their progress. People tend to forget what they set out to do, or their goal gets crowded out by other obligations.

    Forcing yourself to revisit your goals at regular intervals breaks them into smaller steps and it reminds you to think about them.

    Giving yourself regular deadlines for smaller tasks related to your goals also helps you reflect on your strategy. You’ll figure out what works for you, whether your timeline is realistic, and whether or not you need additional help to stay on track.

    In addition, celebrating small wins helps you stay motivated. Here’s how:

    How To Celebrate Small Wins To Achieve Big Goals

    9. Take 10 minutes every day to imagine how great it will feel to achieve your goals

    Visualization is such a powerful tool. Some of the most successful athletes, celebrities and business people take time each day to think about how success looks and feels for them.[2] Imagining that feeling of satisfaction can be a great motivator.

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    When you do meet your goals, take some time to be grateful. Thank yourself for showing up and doing the work. Be grateful when the stars align properly to help you advance to the next step.

    It’s not just getting to the destination of your goals that matters. How you take the journey is important too.

    10. Take an action step toward reaching your goals every day

    Your goals can easily get buried in the hustle and the bustle. Even the smallest step in the right direction is still moving you forward.

    Keep chipping away at the work every day and before long, you’ll start to see those dreams come to life.

    Maybe you didn’t start your business today but you designed the logo that’s going to go on your website and business cards. Doing that task well is going to help you so much in the long run.

    Concrete actions day by day draw your dreams out of obscurity and into the realm of possibility.

    The Bottom Line

    Dreams can inspire and overwhelm us. By turning our dreams into goals that we can work toward, we increase our chances of success. Things that once seemed impossible are suddenly within reach.

    It’s time to start turning your dreams into goals and your goals into realities. Change begins today.

    More Resources About Setting & Achieving Goals

    Featured photo credit: Andrew Neel via unsplash.com

    Reference

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