Coping with Unemployment

Job loss, lay off, retrenchment downsizing are the ugliest form of unemployment there is urgent need to become self dependent by upskilling for self employment since the road ahead is too difficult to travel.

How can the risk of losing a job be minimized for a worry free existence in a highly unstable corporate world

Love your job but don't love your company, because you may not know when your company stops loving you ~ Dr. A. P. J. Abdul Kalam

The answer lies in above famous quote of the century by one of the most intelligent & humblest personalities former president of INDIA late Dr. A. P. J. Abdul Kalam sir.

Ever increasing population and limited number of work opportunities accompanied with comparatively easier access of education for all is creating white collar unemployment.

Unskilled & educated the biggest dilemma of modern education

The real cause of worrying is that most of the job applicants are unskilled who are largely depending on non-technical qualifications for securing a decent job for themselves in the highly volatile job market which is full of instability and work pressure to accomplish highly unrealistic targets which are Intentionally set to compel the workers to perform or to leave their jobs which simply means either perform or perish.

With this trend of frequent job losses, lay offs and cases of large scale retrenchments continuously on the rise many innocent workers are caught by surprise and find themselves all of a sudden ending up in a situation of loosing their jobs.

Sitting idle without gainful employment

One of the Interesting aspect to this trend is that these workers are highly dedicated, sincere and honest individuals who are extremely loyal to their work and the employer. Despite showing this level of dedication and loyalty one fine day they are being abruptly told to pack their bags and not to return to their workplace for no fault of theirs.

The unfortunate story of education without employment

This kind of treatment meted out to these hardworking population is quite unhealthy and is directly responsible for creating commotion and high levels of stress in their lives.

Lack of effective laws and political willingness to check exploitations of employees

The employers are smart enough to shed their responsibilities by taking the advantage of weak laws and policies which are not clear in terms of providing at least some kind of job guarantee to the workers.

Lay offs are a curse for sole bread winner in the family

Imagine a young employee who is newly married and trying to settle down with his or her family being suddenly notified of loosing employment.

Things don’t end with the trauma of job loss itself since the real pain and challenges start post loosing the job.

The earnings all of a sudden drop down from fixed CTC to a prefect zero and the practical financial challenges of meeting the day to day expenses that include rent, children school fees, daily grocery expense, electricity bill, gasoline bills and in todays era of consumerism there is always a long list of expenses that one need to bear which are now a straight forward liability for the ex-employee who lost his job and the employer just walked away bidding farewell party and a gift to enjoy memories in future.

Employees must keep plan B ready to face such painful layoffs

The important question is what can be done at the employees end to minimize the risks of such traumatic incidents of loosing their bread & butter.

Well there are several things that are recommended to each and every employee working in the corporate world must urgently opt in order to ensure immunity from such shocks In future.

Employees please identify and upgrade your vocational self

The most Important measure that is suggested to each person working in the private sector is to identify their vocational Interests and skills as a first and foremost step and in case one is finding difficult in dong this exercise on their own they must take help of some trained human resource counselor to help them understand their vocational Interests and skills.

Importance of technical upskilling in countering unemployment of any form

The next thing to do post having identified their vocational interests and skills is to start with some technical certification in that direction which can help in consolidating the identified abilities.

This step will ensure a non technical unskilled person to also gain a relevant skill which will help the individual get staged as skilled worker.

Start with earning secondary income even if gainfully employed

Once the desired and needed expertise & skill is attained things must not stop there itself and instead the individual must now plan how to start working additionally in their part time on the new skills in order to generate additional level of income.

This income which may look insignificant or too low in comparison to the mainstream income from the job at risk but it must be appreciated that these little additional earnings are the building blocks to insuring and securing oneself from the trauma of job loss, lay off or retrenchment in future.

With passage of time this part time secondary income can be nurtured to bear more fruits and since the earnings from this is more of skill oriented it fulfills the criterion of self-employment in true sense & spirts.

Skilled self employment is a clear way forward for the next generation

Finally To get to the gist of the piece of advise in a clear and more upfront words skilled self employment is the way forward to escape the uncertainties of ordinary corporate jobs which may seem to be quite attractive from outside but are full of pressure and fear of sustaining the mad race of fighting for survival with each passing day.

In the end let me finally tell you one Interesting and relaxing piece of input that In order to gain technical skills it is not necessary that one needs to be from only pure science background rather technical skills are equally accessible in humanities, commerce and all other non-science streams as well.

Don't hesitate to take timely professional career guidance if needed

If you feel the need for any kind of career counseling support don't hesitate take professional help from your career advisor

To know more on this and get detailed piece of advise feel free to contact me on my mentioned Email ID in contact details or alternatively connect by leaving a message through this website contact us form.