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Job Security - Where Did It Go?
By Kimo Look So what does this lack of job security really mean? Essentially, there was once an unwritten social contract between the employer and the employee. It was a deal: The employee traded loyalty; the employer traded security. Today, the contract is gone and the employer admits to no longer providing security, at the same time clearly tossing career responsibility onto the shoulders of the employee. To be fair to the employer and to companies, this change came about-not because upper management is greedy or cruel-but because it has no choice. Top management could no longer run things the old way, even if it desperately wanted to. The new economy, the new competitiveness, is very unforgiving. It punishes those who fail to catch on to what is happening and change their ways. Evidence is in the fact that all companies, rather than only a few, are behaving this way. It is a society-wide movement. But, there is a silver lining to this cloud: The new economy rewards those who understand what is going on and adjust to it well. So the real questions are: What can you do? and What should you do? The good news: There is a lot you can and should do. Read through this series of articles and have a Career by Choice and not by Chance. "Because it's your career." |