Should an employee change Job in this era of recession??

very rightly said sir (Dr. Varma), changing of job has nothing to do with recession. many companies fail to retain their employess even during non-recession time as everyone is looking for growth and opportunity. and if a person has the caliber to get into whatever he/she wants then recession isn't a big deal. and if the person fits the companies bill it will pay him for what he/she deserves.

I dont think during recession its good to enter a unknown NEW ENVIRONMENT. Moreover who will give us a better JOB than the present one during recession. Also if given imagine the PRESSURE both outside in market and ur new place and people.

Now market is on downward position. It is not necessary that if an employee leaving the previous job he/ she will get a proper job. It happens that left the job after huge research on job and joined another one but it is not compusory thar there will be a job satisfaction. The main reason to left the job is low salary  but salary is not everything ther must be a job satisfaction and itcomes when he/she doing job for a long time.

But due to the job cut one should get ready for each and every situation.

I dont think there is a 'Yes' or 'No' to it as it depends on the situation. For example, if the company is not doing well and there is a possibility of one's job being redundant, then one should look out for a change whereas if the company is going stable and one's is not likely to be redundant then one should stick back b'coz a konwn devil is better than unknown devil.

However, whatever be the situation and whichever spectrum one belongs to, one should definitely work out a PlanB as a fall-back option and work it parallely as part-time as the job cut would happen without prior intimation, if it happens. One should look for this Plan B opportunity in the recession proof industry to the extent possible.

No, Stay back in your existing job changing job now will be like a fish out of water.

Devi, your statement is 100% correct.  It is his/her constitional right.But what we are trying to brain storm is, a situation during recession. He/she is bound to be obsessed and develop fear psychosis.  The disturbed mind would encourage him to introspect and encourages to quit his job.  He needs encouragement to retain his job.  He/she who does not receive pink slip, retained in the organisation but confronted with irrational fear, is the aggrieved person considered, if I am right.  You may come back to me if I am to have different view on this.

NO

I think changing job does not have much to do with recession. Recession or no recession, employees are always looking for better opportunities. Merely because of recession an employee need not  change his or her job. But having a job in hand may be a good strategy during recession just in case one gets laid off. Recession may be a good time to enhance one's skills so that one is valued more by the employer and it becomes difficult to lay him off.

I dont have any element of doubt in endorsing Mr. Gargi's views.  We should never become discouraged by the threat of jobloss.  Eventually getting enlightened and bear all the difficulties encountered will certainly lead to brighter opportunities and create better harmony with the employer.  This results in better recognition and emoluments.  A true, dedicated and sincere employee will always be proactive, learns his subject well and  behaves in a confident manner during his performance of duties.  He is  never under distress, whether it is recession or company in any other unfavorable situation.  The world is large and oppurtunities are abundantly available for such person to excel in their career.

I second Gargi on all the comments.

Though i think the points mentioned by Gargi and Sumit are valid to a certain extent, i think the focus here is on changing jobs or not during "recession". It is a palpable truth that a person would change jobs for his/her growth in terms of career and monetarily. But during this phase, trust of the employer on you, apart from skills is a vital factor in securing one's job.

If you change a job and the new company decides to lay off, you are in a more jeopardizing position of getting layed off. This is because a company would retain its experienced and trusted employees to a new one (In most cases). Even though you are looking for a profile that confirms with your requirements and not salary, it might post a threat to your job security.

Hence, i foresee changing job in these times precarious.