Point Lookout: a free weekly publication of Chaco Canyon Consulting
Volume 9, Issue 4;   January 28, 2009: How to Avoid a Layoff: The Inside Stuff

How to Avoid a Layoff: The Inside Stuff

by

These are troubled economic times. Layoffs are becoming increasingly common. Here are some tips for changing your frame of mind to help reduce the chances that you will be laid off.
The Purchasing Managers Index

Recent data for the Purchasing Managers Index (PMI), which is a composite index based on new orders, inventory levels, production, supplier deliveries, and the employment environment. The index for December 2008 was 32.4, which indicates strong economic contraction. The Backlog of Orders Index is at the lowest level since tracking began in January 1993. The steady stream of news reports on data such as this is of course depressing, but most news outlets don't show readers and viewers the graphics that go along with the data. When you look at the graphs, you'll get a much clearer picture of where we are. Knowledge is power. Check out the data from the New York Federal Reserve Bank. Graphic courtesy The Institute for Supply Management.

The anticipatory layoff — one executed by a profitable company that isn't yet in trouble — is an important difference between the current economic crisis and past slowdowns. That's why, as an employee, preparing for layoffs is smart strategy now, even if your own company is doing well so far.

If you don't want to be among those designated for layoff, there are things you can start doing now to enhance your chances of continued employment. I've organized them into three categories. The inside stuff includes actions you can take to strengthen your frame of mind and help you maintain a positive attitude. Relationship-oriented actions include things to do that involve your relationships with colleagues, co-workers and others. And situational actions include things to do and decisions to make that pertain to your general situation at work.

Here are some tips for strengthening yourself emotionally to make your attitude more positive and appealing to those around you.

Attend to your health
If you're healthy, you feel better emotionally. Exploit your health insurance, if you have it, to get minor things taken care of. Smoking cessation is especially useful, because it helps your health, and makes you more attractive as an employee, and saves lots of cash. But don't do anything elective that will keep you out of work for extended periods, because despite any legal protections, being out on sick leave can make you more vulnerable to layoff.
Attend to your finances
Whatever might happen, you'll deal with it better if your finances are in good shape. Some signs of trouble: carrying balances on credit cards, bills in arrears, and phone calls from creditors. If you have chronic financial problems, recognize that you need advice and counseling — and get help from a reputable non-commercial agency. If part of the problem is marital, seek counseling for that, too.
Work-life balance might now mean longer hours
In good times, working long hours threatens happiness at home. But in troubled times, losing your job altogether is a greater threat to home life. If you think that working longer hours will help make you more valuable than your co-workers, get the support of your family and go for it.
Keep your personal troubles private
Foreclosure, divorce, illness, family problems — keep all of it private. When managers select people to terminate, they sometimes consider personal stability. Telling people about your personal problems probably won't help you keep your job. If you need to talk to someone, and family isn't enough, seek a counselor or a therapist.
Telling people about
your personal problems
probably won't help
you keep your job

Most important, be the most positive person you know. This is more than just acting as if you have a positive attitude. You must be positive. Do whatever you can do to make your job, your finances, your family and your social situation as secure as they can be.

We'll address tips for relationships next time.  Next in this series Go to top Top  Next issue: How to Avoid a Layoff: Your Relationships  Next Issue

303 Secrets of Workplace PoliticsIs every other day a tense, anxious, angry misery as you watch people around you, who couldn't even think their way through a game of Jacks, win at workplace politics and steal the credit and glory for just about everyone's best work including yours? Read 303 Secrets of Workplace Politics, filled with tips and techniques for succeeding in workplace politics. More info

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More articles on Emotions at Work:

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Do you tend to commit to too many tasks? Are you one who spends too much energy meeting the needs of others — so much that your own needs go unmet? Here's how a hula-hoop can help.
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How we cope with problems is a choice. When we choose our coping style, we help determine our ability to address the problems we face. Of eight styles we can identify, only one is universally constructive, and we rarely use it.
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Micromanagement is too familiar to too many of us. Less familiar is inappropriate interference in the reverse direction — in the work of our supervisors or even higher in the chain. Disciplinary action isn't always helpful, especially when some of the causes of reverse micromanagement are organizational.
"Will" Rogers, humorist and cowboy philosopherQuips That Work at Work: II
Humor, used effectively, can defuse tense situations. Here's Part II of a set of guidelines for using humor to defuse tension and bring confrontations, meetings, and conversations back to a place where thinking can resume.
BoredCompulsive Talkers at Work: Peers I
Our exploration of approaches for dealing with compulsive talkers now continues, with Part I of a set of suggestions for what to do when a peer interferes with your work by talking compulsively.

See also Emotions at Work and Managing Your Boss for more related articles.

Forthcoming issues of Point Lookout

The United States curling team at the Torino Olympics in 2006Coming November 22: Motivation and the Reification Error
We commit the reification error when we assume, incorrectly, that we can treat abstract constructs as if they were real objects. It's a common error when we try to motivate people. Available here and by RSS on November 22.
A human marionetteAnd on November 29: Manipulators Beware
When manipulators try to manipulate others, they're attempting to unscrupulously influence their targets to decide or act in some way the manipulators prefer. But some targets manage to outwit their manipulators. Available here and by RSS on November 29.

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