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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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    Tucker Cummings

    Writer and social media professional sharing productivity tips on Lifehack.

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    Last Updated on August 19, 2019

    20 Critical Skills to Include on Your Resume (For All Types of Jobs)

    20 Critical Skills to Include on Your Resume (For All Types of Jobs)

    A resume describes your critical skills in a way that compels a hiring manager to want to meet you. That is a resume’s sole purpose.

    And make no mistake: Writing a resume is an art.

    Today each corporate job opening attracts 250 resumes on average, and somehow yours will need to rise above the competition. It’s actually harder to snag an interview from an online posting than to get into Harvard. But don’t let that intimidate you. Instead, open your laptop, roll up your proverbial sleeves, and let’s get to work!


    Employers generally prefer candidates with skills that show leadership ability, problem-solving ability, and perseverance through challenges. So in the resume, you should demonstrate that you’re a dynamic candidate.

    Refine the skills on your resume so that you incorporate these resume “musts:”

    1. Leadership Ability

    Even an entry-level employee can show leadership. Point out how your skills helped your department ascend to a new level. Capture leadership attributes with compelling statements.

    Example:

    “Led change that drove efficiency and an ability to cut 800 error-free payroll checks.”

    2. Problem-Solving Ability

    Most employees are hired to solve problems. Showcase that ability on your resume.

    Example:

    “Led staff in campaign to outrival top competitor’s market share during a down cycle.”

    3. Perseverance

    Have you been promoted several times? Or have you maintained margins in a down cycle? Both achievements demonstrate persistence. You look like someone who can navigate roadblocks.

    4. Technical Skills

    Consider including a Key Skills or Technology Skills section in which you list computer and software skills.

    Example:

    “Expert-level knowledge in Java.”

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    5. Quantified Results

    Nothing is quite as attractive as objective results. Did you increase sales by 25 percent? Win three new clients? Surpass the internal goal by 15 percent?

    Use hard-hitting numbers to express your point. State the result first, and then provide a sentence or phrase describing the critical skills you applied to achieve the milestone.

    Example:

    “Boosted sales by 200 percent by developing new online platform that made it easier for customers to compare and contrast sizes, textures, and fit.”

    6. People Skills

    Employers prefer congenial staff members to prima donnas or mavericks. Relate your strongest soft skills.

    Example:

    “Organized, hard-working staffer who listens well and communicates effectively.”

    7. Passion in the Field

    Recruiters and hiring managers can intuit whether candidates care about their career performance by the dynamism behind the descriptions of their skills on their resumes. Are your efforts “transformational” or merely “useful?” Were your results “game-changing” or boringly “appropriate?”

    The tenor of your words reveals whether you’re passionate or passive. (But don’t overdo it. See the “Hyperbole” section below.)

    8. Being the Entrepreneur within the Corporation

    Whether you took the initiative to create a new synergy or worked independently to land an opportunity, share how you furthered organizational goals through your self-directed efforts.

    9. Your Adaptability

    Have you switched career paths? Weathered a corporate takeover?

    Make it clear that your resilience helped get you and your organization through the turbulence.

    10. Confirming Your Expertise

    Every job posting states experience requirements. Ideally, you want to meet these requirements or best them. But don’t exaggerate.


    While proving that you possess the credentials described in the job posting, you can still stand out if you are able to offer additional special skills to showcase your personality.

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    Consider adding any of these special accomplishments, if true:

    11. Referencing Award-Winning Talents

    If you played center on your college basketball team that made it into the Top 10 finals, then working collaboratively and cooperatively are among your natural callings. Be sure to say so.

    12. Unveiling Your Work Persona

    If you were repeatedly singled out for your stellar performance in work settings, becoming employee-of-the-month, top revenue generator, and so on — it’s worth mentioning.

    13. Capitalizing on Commonalities

    From Googling the hiring manager, you discover that she was formerly a Peace Corps volunteer in Belize. Listing your Spanish immersion course in Central America may draw her attention to the other outstanding skills on your resume.

    14. Highlighting Creative Tactics

    If, for example, in your HR role, you piloted an employee incentive program that became an industry model, include it. Such innovative thinking will command an employer’s attention.

    15. Specifying All Accolades

    Listing any honors received instills confidence that you will bring that level of perfectionism forward in a corporate environment.

    16. Transferable Skills

    You spend your spare time conducting your community orchestra. Highlight this after-hours pursuit to show that you have the critical skills needed to keep a team on task.


    Take note: Hyperbole can hurt you. So, show your credibility.

    Although it may be tempting to use embellishments to boost your experience, improve your job title, or enhance your education, resist. These days, a five-minute search will reveal the truth. And taking self-inflation too far could easily come back to destroy your career.

    Hiring managers have their antenna up for resume hyperbole. A survey shows that 53 percent are suspicious that candidates are often dishonest.

    Follow these guiding principles when writing your own resume:

    17. Accurately Describing Your Degree

    Make sure to differentiate between certificates attained and degrees earned, along with the name of the institution awarding them.

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    18. Stating Job Duration with Honest Dates

    Honesty is the only policy when reporting the length of a particular job. If you’ve been out of work for an extended period of time, state the reason you have gaps.

    Whether you traveled, had to cope with a family emergency, or went back to school to change your professional track, communicate the positive outcome that came from the hiatus.

    19. Claiming Only the Skills You Truly Possess

    Unless you’re proficient in a software program or are fluent in a second language, leave any mention of them off.

    Conversely, if you feel like you must include them, then accurately qualify your level of competence.

    20. Being Honest About Your Role in a Project

    You may think you were the lead person because you did most of the work, but chances are your supervisor thinks otherwise.

    Besides the 20 critical skills to include on your resume, here’re some important notes for you.

    Bonus Tips for Writing a Resume

    You Only Have 6 to 7 Seconds to Impress the Employer

    Hiring managers and artificial intelligence “bots” may spend only 6 to 7 seconds perusing your resume, which means you need it to teem with essential skills, quantifiable achievements, and action words.

    If, in fact, you believe that a “bot” will be analyzing your resume before it even lands on a hiring manager’s desk, be sure to include some of the actual key words from the posting in your document. There’s no reason why you can’t customize your resume to each job posting.

    Another tip: Be sure to show your resume to a few individuals who work in your field, so that you can fine-tune the information as needed.

    Starting at the Top

    The Objective at the top of your resume is optional if you’re seeking the same job you already have, just at different company. However, if you’re switching fields, it’s critical to include an Objective, which is a one-sentence summary of the job you want.

    For example:

    Objective: To become web editor at a thriving news website.

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    If you’ve been in your field for ten years or more, you will probably want to include an Executive Summary. This is a one-sentence takeaway about who you are, including the critical skills you amassed throughout your career.

    For example:

    Executive Summary: Award-winning creative director with over ten years experience managing teams on three continents.

    Depending on your field, you may also want to add some skills as bullet points in the Executive Summary section.

    And what about your Education? If you graduated from college within the past ten years, include your Education just below the Objective section (and forgo the Executive Summary). If it’s been over ten years since you graduated, then include your Education at the very end of your resume. Only cite your grade point average (G.P.A.) if it was exceptional—3.7 G.P.A. or higher, or if you won scholastic awards.

    Ideally, the critical skills you amassed during college, at your previous job, and throughout your career will add up to a riveting portrait of a professional who’s ideally suited for your dream position: You.

    Tailor, Tweak, and Fine-Tune

    If you’re targeting different kinds of organizations, you’ll need customized resumes for each outreach.

    Don’t be afraid to parrot some of the words on the list of requirements back to the company. Many times, organizations will actually use the key words mentioned in the job posting when screening resumes.

    Approach Your Resume as a Skills-Based Story

    Like any good storyteller, lay out the framework at the beginning. Include the skills you’ve mastered and state how you can add value—wording your sentences in a way that reflects the specific job you’re seeking.

    Are you vying for a sales position? Quantify your results: “Responsible for 50 percent of all sales that resulted in $750,000 in annual revenue.” Use your critical skills, peppered throughout your resume, to tell the exciting story of your distinguished professional career!

    Researching the organization that you’re targeting will help you make your examples specific. Does the company cater to a particular audience or clientele? Be sure to note any experiences you’ve had with similar audiences.

    Putting It All Together

    A resume is not a laundry list. It tells a cohesive story. Your story should highlight your qualifications and critical skills in a way that makes a logical, well-constructed case for your compatibility with the organization and its advertised position.

    Packaging your story into the concisely prescribed format of a resume means that it will read as a synopsis — one that will hopefully land you the job.

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    Featured photo credit: Bram Naus via unsplash.com

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