No doubt you already know how the recession affects the Gross Domestic Product (GDP), Unemployment Rate or Stock Market. So, I won’t waste your time by repeating all that bad news.
What I would talk about is what really matters:”how you or your loved ones can protect your finances by staying employed in this recession!“
The best way to keep your job in a recession or to find a new job easily is to become “The Most Over Qualified, Under Paid Professional” on your team.
Here is why becoming over-qualified and under-paid work hand in hand to protect your career:
The Least Qualified Professionals Are Laid-Off In A Recession:The employees at risk of being down-sized are the least valuable professionals (business analysts, software developers, etc.) on the team.
The least valuable professionals are the least effective, productive, skilled, trained or experienced people on their jobs.
The Most Over Paid Professionals Are Laid-Off In A Recession:The other type of employee at risk of being down-sized are the over paid software development professionals (project managers, web designers etc.).
The over paid information technology (IT) professionals typically earn far above their contemporaries with the same skill sets or far above the historical costs associated with a position in a specific business. Firing over paid workers qualifies as cost savings for managers concerned about cutting payroll costs in a recession.
The Better Qualified, Least Paid Employees Keep Their Jobs In A Recession:
The employees who keep their jobs or get hired easily in a recession … are the better trained, highly skilled and relatively inexpensive employees.The employees who advance their skills though hard work and training without always asking for more money … tend to stay employed even during recessions.
The Secret To Staying Employed Even In A Recession
The best way to stay employed especially in a recession … is by training to “become the best skilled person … and not the best paid!”
You need to cultivate the attitude of champions … “who train daily to be the best!“.Champions do not obsess about money! Champions understand that … proving their mettle is the only thing that really matters!
Champions are rich, famous and successful … because they ignored the pursuit of money … to become the best
So, will you accept this challenge: “to recession proof your career” … by training to become the best or are you going to leave your career at the mercy of the coming financial storm?
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