Over the past year, we have seen the unemployment rate skyrocket as companies resort to layoffs or Reductions In Force (RIFs), as some companies euphemistically refer to them. To help people avoid becoming yet another statistic, I have written a new eBook called, RIFProofing (sm)Your Career: How to Protect and Keep Your Job in Any Economy.
In my work as a career coach and trainer, I have seen too many clients and workshop participants who didn't do enough to protect their jobs and found themselves unemployed. For example, one woman named Andrea was working at a company that decided to eliminate 40% of the payroll across all departments. As often happens, Andrea's company started with employees who were making the most money. That isn't a smart strategy, but that's what happened. Since Andrea had been at the company for 8 years, she found herself on the list.
Unfortunately, since Andrea had never taken the time to communicate the depth and breadth of her impact, the company viewed her as a highly paid expense. What Andrea didn't realize (and therefore never communicated) was that she had saved the company $1 million over eight years by coming in at or under budget on all of her projects. That worked out to an annual savings of $125,000--$50,000 more than her salary. In other words, she was an INVESTMENT, not an expense.
Considering the fact that 60% of the payroll in every department was RETAINED, there is no question in my mind that Andrea's job would have been spared if the company had known the bottom line impact she had on the organization. But they didn't.
While there are a variety of factors that go into layoff decisions, the fact remains that most companies are clueless about the real impact of their employees. I wish I could say Andrea's case was unusual. But it isn't. Every day, people who shouldn't be losing their jobs are being released by companies who don't truly know the value of the people who are walking out the door.
Given the struggle many people are having from a job search perspective, you owe it to yourself to do everything possible to protect your position. That's what my new eBook, RIFProofing(sm) Your Career: How to Protect and Keep Your Job in Any Economy, is all about.
I'm not going to lie to you. RIFProofing takes work. You have to be willing to make an investment in yourself. And you have to be willing to take steps you may never have considered. While there are no guarantees, you have a much better chance of protecting your job if you know the pitfalls that so many employees encounter when layoffs become a possibility. RIFProofing Your Career can help you navigate and avoid the traps along the way.
If you are one of the many who feels your job may be in danger, I have one question:
What are you willing to do to protect your position?
If you are willing to invest the time and effort it takes to RIFProof Your Career, this eBook could be the best investment you ever make.
Wednesday, April 15, 2009
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