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  01:06pm ET, 08/30/08
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The Law and You
Preparing for the Pink Slip

by KYW's Amy Feldman

Consumer confidence is low right now, largely because of the weakness in the job market.  But how can you tell if your own job is in jeopardy and what should you do if the answer is yes?

While it’s not always obvious whether the pink slips will be sent, there are some indications that your job is on the chopping block. In this market, some industries are harder hit than others.  The first thing to consider when trying to predict the stability of your job is how your industry is faring. Next, consider your company’s place in the industry—is your company reporting good earnings—or are you seeing layoffs in your company and especially within your department?  Finally, consider your own performance.  Even if the company is doing well, if you have received poor performance evaluations it doesn’t take a crystal ball to see the handwriting on the wall.  Remember that it’s much easier to find a job if you have a job rather than if you’ve already been let go so network even when you have a job.  Keep your resume current, maintain certificates and consider all opportunities rather than assuming that your job will be here forever.


 
 
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