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Transcript

14 Signs You Are Losing Your Job + 10 Actions To Increase Job Security · Enhance.training

• 0:00
  SPEAKER_00: Losing your job is very traumatic and very stressful, not to mention painful for your bank balance.
• 0:07
  SPEAKER_00: I share 14 signs you're losing your job to look out for.
• 0:10
  SPEAKER_00: More importantly, I share the actions you should take to reduce the chances of being fired or losing your job at any point in your career.
• 0:20
  SPEAKER_00: Anyone can be fired or lose their job.
• 0:23
  SPEAKER_00: No one is indispensable or irreplaceable.
• 0:26
  SPEAKER_00: That said, there is a lot you can practically do to make losing your job a lot less likely.
• 0:33
  SPEAKER_00: Very early in my career, I was pushed out of a job by my worst boss ever.
• 0:37
  SPEAKER_00: I was naive and had not learnt how to manage relationships well with bosses.
• 0:43
  SPEAKER_00: Much later in my career I was pushed out of a senior role, even though I was a top performer, because I wouldn't say yes to a proposal detrimental to me.
• 0:51
  SPEAKER_00: I've been through the pain and stress of losing a job.
• 0:55
  SPEAKER_00: It is not nice.
• 0:57
  SPEAKER_00: Today we're going through firstly 10 signs you are losing your job due to your personal approach or performance.
• 1:03
  SPEAKER_00: Secondly, four signs that you're going to lose your job due to company issues.
• 1:08
  SPEAKER_00: And third, ten actions you should always take to minimize the risk of being fired or losing your job.
• 1:16
  SPEAKER_00: When you see the signs you may be fired, you can take action to reduce the impact of losing your job.
• 1:22
  SPEAKER_00: For example, if you already have another job offer, the hit to your confidence and wallets is pretty minor.
• 1:29
  SPEAKER_00: If you don't see the signs, you're being pushed out of your job, the impact can be pretty major when you are called into that meeting.
• 1:37
  SPEAKER_00: Towards the end, I share the best practical ways I know to minimize the chances of losing your job and increase your job security throughout your career.
• 1:48
  SPEAKER_00: So first, 10 signs you're losing your job due to your personal approach or performance.
• 1:53
  SPEAKER_00: These signs you may be losing your job give you the opportunity to take action before actually losing your job.
• 2:00
  SPEAKER_00: The best case is you prevent yourself being fired or removed.
• 2:04
  SPEAKER_00: The worst case is you are prepared and ready when you do lose your job.
• 2:09
  SPEAKER_00: 10 signs you specifically may be losing your job are Firstly, if you're in the bottom 25% or so of performance or attitude relative to your peers.
• 2:21
  SPEAKER_00: Secondly, your boss noticeably reduces their praise of you or increases their criticism of you.
• 2:27
  SPEAKER_00: Third, bosses reduce your opportunities for growth and development at work.
• 2:32
  SPEAKER_00: Fourth, your responsibilities, projects or tasks are significantly reduced without being replaced.
• 2:39
  SPEAKER_00: Fifth, the size of your team is reduced significantly or you're moved from a manager role back to a contributor.
• 2:47
  SPEAKER_00: Sixth, your boss asks you to document all the different aspects of your job without others being asked to do the same.
• 2:54
  SPEAKER_00: Seventh, an extra person is recruited to work alongside you or above you without there being a clear need for them.
• 3:02
  SPEAKER_00: Eighth, your visibility within the business is purposely reduced, i.e.
• 3:06
  SPEAKER_00: your meetings, projects or responsibilities are cut or changed.
• 3:11
  SPEAKER_00: Ninth, you remain angry or resentful towards your boss for a long period of time, months rather than days or weeks.
• 3:19
  SPEAKER_00: And tenth, your emotions or approach is disrupting colleagues or team members doing their job well.
• 3:26
  SPEAKER_00: In short, when you're creating more problems and benefits for your boss and employer, or when the value you add is lower than your peers, you are much more likely to lose your job compared to your peers.
• 3:39
  SPEAKER_00: The best way to safeguard your job is to continue to increase the value you add to the team and business and to continue to strengthen your relationships with bosses and peers.
• 3:50
  SPEAKER_00: Do both better than your colleagues, and you are very unlikely to find yourself being pushed out of your job.
• 3:57
  SPEAKER_00: My name is Jess Coles, and if you're new to this podcast, Enhanced.training provides resources and courses for you to build management expertise and confidence to lead any team to their best performance.
• 4:10
  SPEAKER_00: I've included links to additional resources in the podcast description on how to build very strong relationships with bosses and how to raise your profile in the right way within your business.
• 4:21
  SPEAKER_00: Do take a look at these or alternatively visit enhanced.training and select resources from the menu.
• 4:28
  SPEAKER_00: Secondly, here are four signs you are going to lose your job due to company issues or challenges.
• 4:34
  SPEAKER_00: When you may lose your job alongside others, it is a lot harder to take proactive actions that will reduce or remove the chance your job will go.
• 4:43
  SPEAKER_00: Remember, it is your position rather than you specifically being removed.
• 4:48
  SPEAKER_00: While still not nice, keeping this in mind will reduce the impact to your confidence and ability to get another job.
• 4:55
  SPEAKER_00: Signs you're going to lose your job because of company issues include firstly the cash levels in the business are dropping.
• 5:04
  SPEAKER_00: Dropping cash is much more important than dropping revenue or profits in the short term at least, because salaries are paid from cash.
• 5:12
  SPEAKER_00: That said, dropping revenue and profits will lead to less cash in the future.
• 5:17
  SPEAKER_00: Secondly, changes in business direction or strategy which reduces the importance of your team.
• 5:23
  SPEAKER_00: For example, this happens when new products or services are introduced or removed, or when new markets are entered into or exited.
• 5:32
  SPEAKER_00: Thirdly, the performance of your business unit or team continues to drop.
• 5:37
  SPEAKER_00: The longer the performance of your team or business unit drops, the more chance the business will remove or replace the team or business unit.
• 5:45
  SPEAKER_00: And fourth, technology replacing people.
• 5:48
  SPEAKER_00: This is a much bigger danger in large companies without much change compared to smaller or changing businesses.
• 5:56
  SPEAKER_00: The more willing and able you are to learn and adapt, the less likely you'll be removed from your role.
• 6:03
  SPEAKER_00: The best way to avoid losing your job through company actions rather than those targeted directly at you is to perform better than your peers, have stronger relationships and be an enthusiastic team player with a positive attitude.
• 6:17
  SPEAKER_00: Most companies are very reluctant to get rid of good people regardless of what is happening at divisional or company level.
• 6:26
  SPEAKER_00: Third and finally, 10 actions you should always take to minimize the risk of being fired or losing your job.
• 6:33
  SPEAKER_00: There really is a lot you can personally and practically do to make you the last person your bosses want to remove from your job.
• 6:42
  SPEAKER_00: Just working harder than others is not enough.
• 6:45
  SPEAKER_00: You have to continue to create value.
• 6:48
  SPEAKER_00: As much value as you practically can, in fact.
• 6:52
  SPEAKER_00: Just as important is showing that you want to continue to learn, improve and increase the value you can create.
• 6:59
  SPEAKER_00: Showing potential and willingness are huge retention factors in your favour when bosses are looking at cutting costs.
• 7:06
  SPEAKER_00: So here are 10 actions I recommend you do as often as possible during all stages of your career.
• 7:13
  SPEAKER_00: Firstly, demonstrate a can-do or positive attitude.
• 7:17
  SPEAKER_00: Secondly, put your team before yourself.
• 7:19
  SPEAKER_00: Working at being a good and useful team player is a great move.
• 7:24
  SPEAKER_00: Third, working to proactively support your boss, achieve your boss's goals.
• 7:29
  SPEAKER_00: Fourth, actively communicate to your boss and peers your achievements and great work.
• 7:35
  SPEAKER_00: Fifth, praise others and be a nice and easy person to work alongside or have in a team.
• 7:46
  SPEAKER_00: This is huge in increasing the perception of your potential.
• 7:51
  SPEAKER_00: Seventh, have a good work ethic and work to stay in the top half of your peers in terms of performance and ability.
• 7:59
  SPEAKER_00: Eighth, prioritize the most valuable work you can do.
• 8:03
  SPEAKER_00: Make the time to think about your most valuable work and spend as much time on that as you can.
• 8:09
  SPEAKER_00: 9th, practice diplomacy and work to build good relationships with as many people as you practically can.
• 8:16
  SPEAKER_00: And tenth, be interested in and aware of the company's situation, the competitive environment, and the company's goals and strategy.
• 8:26
  SPEAKER_00: When you are consistently doing each of these 10 actions day in, day out, you are very unlikely to see any signs you may be losing your job or signs that you might be fired.
• 8:36
  SPEAKER_00: Do the best job you can and work at being an easy person to work with, and you should easily put yourself in the top half of people a business wants to keep.
• 8:47
  SPEAKER_00: So, in summary, losing your job without warning is a horrible experience.
• 8:52
  SPEAKER_00: Use these 14 signs you are losing your job to give yourself time to mentally and emotionally prepare and start looking for another job.
• 9:00
  SPEAKER_00: The 10 actions I've suggested you to take will increase your job security and will help you avoid being pushed out of your job.
• 9:08
  SPEAKER_00: Always look to increase the value or profit you add to your business.
• 9:13
  SPEAKER_00: There are a ton of ways to do this.
• 9:15
  SPEAKER_00: Take opportunities to learn and increase your skills and experience wherever possible.
• 9:20
  SPEAKER_00: Always communicate the value you are adding to your team, boss, and business.
• 9:25
  SPEAKER_00: If people don't know what you're doing, they can't appreciate it.
• 9:30
  SPEAKER_00: Don't forget to take a look at the links in the podcast description on what you can do to increase your job security throughout your career.
• 9:38
  SPEAKER_00: If you have questions on the 14 signs you're losing your job plus 10 actions to increase job security, please email me at support at enhance.training and I'll get back to you.
• 9:49
  SPEAKER_00: Thanks very much for listening, and I look forward to speaking to you again soon.