The Canadian economy has experienced some turbulence over the past few months. With the loonie down significantly compared to only a few years ago, with oil prices near historic lows, and with many companies seeking to take a lean approach to business operations, job security is not what it once was.
The finance industry is no different. Whether you are a new graduate, seasoned professional, work for a small business or large corporation, you need to stay on your toes to ensure your job is not at risk.
Here are some important signs that you could be the next one out the door and how to create job security:
No one wants to get laid off or fired, but it happens, even to good employees. When times are tight, finance companies have to make hard decisions about their staff. To ensure you are not caught completely off-guard and can create time to start looking for alternative career options, you need to be aware of the signs that you might be the next employee on the chopping block.
When times are tight, the finance industry is often one that experiences a large amount of cutbacks. The key is to make yourself indispensable and a vital part of the organization. Here are some ways you can create job security for yourself:
IQ PARTNERS is an Executive Search & Recruitment firm with offices in Toronto and Vancouver. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Financial Services & Insurance, Marketing Communications & Media, Emerging Tech & Telecom, Consumer Goods & Retail, B2B & Industrial, Technology, Accounting & Finance, HR & Operations and Mining & Engineering. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Brandon is Senior Director, Client Services with IQ PARTNERS, focusing on recruiting top talent within the Financial Services and Insurance, Startups, and Emerging Technology industries.