Perhaps you’ve heard from colleagues that your company is downsizing and you’re afraid of being made redundant. Or maybe you work in a not-too-stable industry where work comes and goes. Either way, you most likely live without job security, which can be scary since you never know when you’ll be jobless and have zero income.
Fortunately, there are some things you can do to combat job insecurity and regain at least a bit of stability in your life. These include:
1) Learn how to cope with stress.
Constantly thinking about the status of your job can lead to stress which, in turn, can cause mental anguish and even physical discomfort. Because of these, you must learn how to effectively manage stress. Start by doing deep breathing exercises, writing your thoughts in a journal and listening to soothing music.
2) Show your boss you’re worth it.
Proving your worth can help you increase your chances of keeping your job. Instead of just doing the “bare minimum”, get out and do things that might not be a part of your job description but will give value to your company. See a newbie struggling? Take him under your wing and teach him the basics. Need to complete an urgent report? Finish it before going home — even if it means clocking out late.
3) Update your resume.
This is one of the best ways to feel more in control of the situation. By keeping your resume up-to-date, you can apply for a new job ASAP if you lose your current one, and you’ll have peace of mind knowing you’re ready for whatever happens.
4) Ensure you have enough savings.
Job insecurity is scary if you depend on your salary for all your needs. But, if you have an adequate emergency fund, losing your job won’t be as daunting as it is right now! So save as much as you can (start with 10 to 15 percent of your monthly salary) and be prepared for the rainy days. Take these steps now to fight job insecurity and be ready for whatever happens in your career.