How to understand job uncertainty?

The Dhaka Times Desk Many are insecure about jobs. Will the job actually exist? Or not really? There are several approaches to predicting that. Today we will discuss about that.

Is it possible to detect the risk of job loss in advance? And what is the cause of this uncertainty? Such questions may come. But the answers to all those questions are at your fingertips.

Based on a report published on a lifestyle website, a commentary on this issue is presented. Which may come in handy for you.

The higher the salary, the higher the risk

No matter how bad the socio-economic condition of the organization or the country is, the organization has to plan to reduce costs. Part of that is the layoff approach, while reducing payroll costs is also an issue. In such a situation, the highly paid employees of the organization are always at increased risk. The reason is that with the salary of one senior officer it will be possible to continue the salary of several workers. And so the hassle of dropping one person is much less than multiple layoffs. And so it is done in this case.

A group of many members

It can be seen that an organization has multiple departments. Large organizations also have multiple workforces under one department. If the number of workers in such a workforce is too high, then the risk of being excluded from it also increases. The reason is that downsizing a team is a more logical decision than shutting down an entire team or department to save costs. If a large team is unable to deliver results at work accordingly, it is very natural to lay off staff from there.

What happens to revolutionary workers

The decision to lay off employees is as difficult as it is critical. So the management department of any organization will never want anyone to question their decisions. Because of this, they can eliminate revolutionary workers before the massive layoffs begin, to avoid major criticism of the layoffs.

Low cost outsourcing

Every organization wants to reduce its costs to some extent whether it has financial problems or not. If the work that the office is hired to do can be done by an outside organization at a very low cost, then the organization will be more interested in that and that is a natural thing. This action is called 'outsourcing'. Apart from cost savings, 'outsourcing' brings many other benefits. Such as experienced staff, manpower, saving time and space etc. Therefore, if your work at the office qualifies for 'outsourcing', you will be at risk of losing your job. So you should always keep the above things in mind. So that no situation arises in the office for which you are likely to lose your job.