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Friday, November 20, 2009  7:35:36 PM 
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Jun
17
2008
How to Protect Yourself, Your Career in an Economic Slump
Posted at 11:14:17 AM by Lance Turner 0 comments

The Digerati Life has come along with another "recession-proof" your career articles, but we think many of the tips contained therein make sense no matter the economic environment.

In short, these are good habits to get into, and they can pay off big-time when tough times set in.

Among them:

#1 Position yourself well before a recession hits. The best time to act is before, not during a downturn. If you’re just starting out or looking for a line of work to get into, consider a recession proof career.

#2 Focus on the job you have. Are you already employed? Then one of the best things to do during a recession is to concentrate on your current job and do your best to shine.

#3 Raise your opportunity cost as high as you are able, at your company. Make it tough for your boss to carry on without you.

#4 Keep your eye on your company. Watch your boss. Understand how your company is operating to get a feel for its health. If they start cutting hours at your job, get ready for other changes.

#5 Create a game plan with priorities and contingencies. Have you thought of what you would do in case you get laid off?

#6 Cut costs and control your budget now. Be frugal! Enough said.

Six more tips here

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