Impact of the Economy on Employees
The economic news, and its impact on employees in the workplace, that currently dominates the media, is disheartening and - scary. My purpose is not to add to the bad news about the economy's impact on employees in the workplace, but to provide positive ideas about what you may be able to do to avoid some of the economic chaos. You can take positive actions to benefit you and your family. Here are ideas about how to reduce the impact of the economy on employees in the workplace.
Take Charge of Economic Uncertainty
You can reduce the impact of an uncertain economy on your career and life. But, look first at the uncertain economy fueling your need to take action. Consider the current economic uncertainty as it impacts your employment, and the people in your life who are affected by your stable employment and earnings.
401k withdrawals and loans are at a...
Getting Fired or Laid Off?
Employment termination - no matter the cause - is scary, disorienting, and disruptive to habitual patterns. Getting fired is never fun; layoffs are equally disheartening. In either scenario, your feelings of self worth are dealt a blow. Just when you need a positive outlook to help you find your next opportunity, you feel dizzy as if your whole...
What's Your Strategy for Keeping Your Job?
No matter your job or your industry, this year is a challenge for employment. In 2008, 48% of employers laid people off, according to a Society for Human Resources Management (SHRM) survey cited at CNNmoney.com.
How to Prepare for Unemployment While Employed
If you’re reading this, congratulations. You’re probably still employed. That means that you have time to put your financial, social, and work affairs in order in case your employment status changes. You can prepare for unemployment while still employed. In fact, there is no better time to prepare for unemployment than while still employed. Use these ideas to prepare yoursel and your family f…
How to Ask for a Pay Raise in a Tough Economy
How do you ask for a pay raise when your company has put most pay raises on hold this year? Or, what if your employer is offering a 2% pay raise across the board, and you believe you have earned more? The answer? It depends. If pay raises are on hold, keep in mind that you risk looking like you’re not a team player when you ask for a pay raise under those circumstances.
Recession Planning for Employees
Given the downward spiral of CEOs' confidence and with the talk about a potential recession, what have you done to plan for the possibility that the downturn becomes severe and impacts employees? These are some of the actions to take in recession planning for employees, for your HR department and other departments within your business, perhaps...
Make More Money: Your Lifetime Income Potential
Work is about the money. Work only becomes not about the money when you have sufficient income – however you define sufficient income – to support your chosen life style. With sufficient money, work becomes about other motivations. Maximize lifetime income potential by the choices you make for your career and how you work with your employer....
How to Ask for a Pay Raise
Want more money than you're currently making? If your goal is to stay in your current job working for your present employer, you'll need to ask for a pay raise. Planning and preparation are key when you ask for a pay raise. So are timing, your employer's pay practices, and the market-based pay rates for your job.
Salary Negotiation - Tips for a Successful Salary Negotiation
A salary negotiation window exists from the time you offer a job to a candidate to the acceptance of the job by your selected candidate. The results of this negotiation can leave a candidate feeling wanted or devalued. The results of this negotiation can leave the employer excited to welcome the candidate or feeling as if he lost. A positive...
The Human Resources Department As a Profitability Factor
What would you do if you had a Human Resurces employee in an HR department who could improve company profit margins, positively impact the cost of goods sold, lower the day’s sales outstanding, and increase the price/earning ratio while liquidating overhead costs - and still deliver flawless transactional and traditional Human Resources services? You'd ask: Why is this employee wasting time in an HR department? Or, why didn’t I demand this level of HR department performance years ago?
How Are You Preparing for Potential Unemployment?
The employment market is fragile these days and unemployment may be only a paycheck away. Have you experienced a period of unemployment recently? Are you anticipating the probability of unemployment? Are you worried about the possibility of unemployment? If so, how are you preparing your family, your finances, and your life-style for unemployment? What do you wish you had done prior to your unemployment. Readers share their ideas.
How Do You Keep Your Job?
In the attached article, I discussed actions to take while you are still employed when you think your employment is in danger of termination. Do you have strategies to share about how to keep your job in the face of potential employment termination? In these economic times, keeping your job is the priority. Share your tips for keeping your job.