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Employees? You Are Expendable
You are expendable.
Listen to the word: Ex - spend - able. You are able to (and likely to) become an ex source of spending for the company you currently work for.
When times get tough, they will drop you. Most companies attempt to be caring about it, but many let employees go at the drop of a hat. Because when it comes down to it, as an employee (in most cases), you are not a profit center. Instead, you are an expense.
Ask yourself these questions:
- Am I actively recruiting new sources of revenue for the company I work for every day?
- Am I actively inventing new products or services (not just supporting them by creating graphics or campaigns, but actually inventing them) every day?
If you can't answer either of those questions with a yes, then you are an expense, and you are expendable.
I avoid the words always and never, but it's hard to imagine a time or situation that it won't always be that way.
Job security? Nope. Probably never again in westernized countries.
Job security is dead. The only way you can have some semblance of job security (as an employee) is if you are directly responsible for creating new sources of revenue through sales or through invention.
Don't count on a past track record to keep you there either. Even a CEO who made a company massively profitable a few years ago can be ditched if the company's growth isn't continuing.
So how do you prevent yourself from being expendable?
Always be improving your skills and growing your possibilities.
Always be seeking new opportunities within the company you work for, as well as in the world at large. DO NOT settle for where you are.
All situations in life are temporary. That's a warning to the rich, and a hope for the poor.
Create sources of revenue for yourself (that you REALLY know and understand - which means spending time to learn) during evenings or weekends. You want sources of revenue that you have more control over (investments, properties, business interests), so that you do have some actual control.
It's most important to remember that as an employee, you are almost always an expense, and therefore, almost always expendable.