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Financial Planning & Job Loss - How Secured Are You?
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job loss, financial planning, job loss & financial planning, jobs, unexpected job loss,Financial Planning & Job Loss - How Secured Are You
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About "Financial Planning & Job Loss - How Secured Are You? " topic:
Being fired from a salaried job is new phenomenon in India. Till a few years ago, a salaried job with even a mid-size firm was for lifetime unless the employee quits to pursue greener pastures.Things have changed dramatically with the advent of the service-oriented jobs in the so-called new economy and the Indian economy hinged to the vagaries of the global market.
So, how secured are you and your job??
Lets, discuss more on this...
Lets, discuss more on this...
1 insight
, 1 debates
, 5 idea contests
, 1 question
on topic: "Financial Planning & Job Loss - How Secured Are You? "
Prev1NextShowing 1 - 7 of 7
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(rate this)
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Get Prepared Before
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Improve one's skills
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RADHA RAMANUJAN
| Added idea
"Multiple source of income"
| 1 year ago
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Dig the pond long before you thirst. If we plan for multiple source of income, we need not worry about unexpected job loss. Job is only a temporary solution for our permanent problem. Earning 100 from one source is more risk than earning 100...
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AnujSkumar
| Supported idea
"Improve one's skills"
| 1 year ago
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Facing unexpexted job loss, always improve your skill.Learn everyday.try to learn new things. If you have good skill then you can find new one easily and also less chance to lossing job.
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Ideate: "How to face an unexpected job loss? " deleted from your view.
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(rate this)
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1
Proper Counselling
2
Adapt to hiring and firing system of employment
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Business Management Consultant
| Supported idea
"Proper Counselling"
| 1 year ago
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There are many things that can be said done, but proper counseling or consulting is very critical, it’s a step in the right direction. There is so much to deal with in a situation like this. A solution for problems like this is found on a...
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S. Muralidharan
| Supported idea
"Proper Counselling"
| 1 year ago
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Uncertainties and unfortunate events are part and parcel of every individual's life. Any untoward event will hurt any level of employee, whether matured or immatured. When a person is in thirties, that's the time he carries a lot of dreams to...
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Ideate: "How the management can help their employees to face the uncertainty?" deleted from your view.
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(rate this)
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Hi, my dear frnds....hope you all are doing well in your life. I would like share something on how to face the job loss nightmare that is haunting each one of us.. JUST HAVE A QUICK GLANCE HOPE IT WILL BE USEFUL... 1. Check you have received your full entitlements. Ask your company’s human resources department to explain your entitlements. Try to negotiate financial advice, outplacement and career planning as part of your redundancy package. If you feel that you have been underpaid, call your union. 2. Organise your personal finances. Review your budget. If you are unable to fulfill financial commitments, such as mortgage or credit card payments, you may have to negotiate new terms with you...
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shiva shekhar
| Commented
| 1 year ago
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While doing good job is fine and continue to do, it is better to have plan-B apart from spending within the budget and save as much as you can which will help in job crisis period.
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abhishek paul
| Commented
| 1 year ago
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well thats adorable but I hope such things should never encounter in our life. that's like a fierce dream come true then definitely my head bolt out
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kshantaram
| Commented
| 1 year ago
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useful tips! could add - keep updating yourself through seminars, professional friends, books/magazines keep visible through writing articles, as visiting faculty, etc regards/kshantaram
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Insight: "Simple steps that will save you from job loss trauma.." deleted from your view.
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(rate this)
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1
Be prudent when you spend
2
financial planning and have normal life style.
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NATTERAJA R. ARIKRISHNAN
| Supported idea
"Be prudent when you spend"
| 1 year ago
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Thanks for the referral Ms.Leena and your views are correct. Whether business people or the employees should have plan to save something every month to sustain the difficult periods. It would be advisable to spend only for the necessary...
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manikanta raj
| Added idea
"financial planning and have normal life style."
| 1 year ago
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spend wisely do not spend on luxuries lavishly, think twice while spending. Do not go for a loan for your requirements, if it is necessary to take loan, allow high margin for security. do not lie on EMI itself, make part payments in regular...
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Ideate: "How to build a strong contingency fund against a job loss?" deleted from your view.
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(rate this)
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1
Communicate at Home
2
positive attitude & planning.
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Mano
| Added idea
"What i must do at this situation."
| 5 months ago
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hi, for more than 1 year i am working in this xxx IT company.While joining as a fresher , i signed 2 year bond. Probationary period is 6 month.Here there is sick leave and also vacation leave available.But he never gave leave without reducing...
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Mano
| Added idea
" for more than 1 year i am working in this xxx IT company.While joining as a fresher , i signed 2 year bond. Probationary per"
| 5 months ago
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hi, for more than 1 year i am working in this xxx IT company.While joining as a fresher , i signed 2 year bond. Probationary period is 6 month.Here there is sick leave and also vacation leave available.But he never gave leave without reducing...
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Ideate: "Job Loss: How to minimize the effects on your marriage & family?" deleted from your view.
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(rate this)
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1
Profitability of VAS poviders
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nakul
| Added idea
"Profitability of VAS poviders"
| 1 year ago
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As the telecom industry is going through rough times ever seen. More competition and with opening up of market and adding more licensee the margins of the companies are dented. The 3G auction is completed BWA auction is still going on.In this...
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Ideate: "Telecom Industry" deleted from your view.
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(rate this)
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Yes
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6
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No
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R N Bhattacharyya
| Argues in support of
"No"
| 1 year ago
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When a person looses his/her jobs!Primerily due to inefficiency in performing job. If somebody is assured of some income after loosing his/her job,organisation will never get satisfactory performance from work people.
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Rajendra Gadre
| Argues in support of
"Yes"
| 1 year ago
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It shoudl be realated to the tax paid by the person. As governement can give farmers different concessions without paying the tax like lone vaver etc.
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Debate: "insurance for job security should be start" deleted from your view.
Prev1NextShowing 1 - 7 of 7
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