R stands for Retrenched

The "R" word

In the current economic slowdown, the possibility of the dreaded “r” word, retrenchment, being used in your place of work is a real possibility. Reports of widespread job losses and company closures are all over the news at the moment.

U stands for Unemployed

However, the picture is not all doom and gloom but a lot depends on you. During these uncertain times, when employers are reviewing or cutting their budgets and are looking at new ways to further optimize their workforces, it is important that employees focus on making themselves indispensable to their companies. Consider how you can add value in the role you are currently fulfilling, over and above what is expected of you.

Put the organization first

Unfortunately, some businesses have no alternative but to reduce staff, but employees who are seen to be adding value will be low on the retrenchment list. Employees who are eager to take on new challenges will also be valued in these tough times.

Be flexible. Accept roles that might not be your first choice or best suit your qualifications in the short term, rather than risk being unemployed.

Alternatives for finding work

In times of uncertainty, temporary employment opportunities increase as employers naturally take a cautious "wait and see approach" when considering their permanent recruitment plans. ... click here to read the rest of the article titled "R stands for Retrenched "