If you're like most people, you value job security, but with layoffs, economic pressures, and news of domestic and international turmoil, many of us have recently found that job security is lower than ever. I feel that I am.
Because while job security is partly a result of your own skills, performance, and networks, it's also the result of factors beyond your control, from societal trends and the health of your industry to the state of your company. , job security can be difficult to achieve and maintain. Strategy and Leadership.
But even with everything out of your control, there are ways to make solid choices that will give you greater job security now and as you progress in your career.
widespread concern
Job security is the belief that you will be able to keep your job well into the future. It's the feeling that your work cannot be replaced, diminished, or eliminated. It also feels like leaving your current organization is based on your own choice, rather than being asked to leave.
However, not many people feel secure in their careers, and concerns about job security are widespread. In fact, a BCW poll of 13,488 people in 15 countries found that 52% of respondents rated job security as their most important priority.
Additionally, people's general anxiety about employment has increased significantly, particularly among 46% of people polled by professional resume writers. Executives (66%) and new hires (48%) are most concerned about job security. Also, according to a professional resume writer, anxiety among entry-level employees has increased by 91%.
The ResumeGenius poll found that while job security fears are exacerbated by concerns about layoffs, downsizing, increased competition and economic challenges, an additional 69% of people will quit their jobs because of AI. I'm worried about losing it.
Given all the uncertainty, now is the time to consider ways to increase job security and career stability.
Predicting job security
Job stability is based on a variety of factors, and you can predict which jobs will be the most stable. First, social trends increase the demand for products and services. From there, the industry tends to grow and organizations in the industry are able to offer more secure jobs.
- For example, today's population is aging, and as a result, healthcare is also growing with services that improve physical health and performance. Services for the elderly are up 29%, physical therapy, occupational therapy and audiology are up 28%, home health is up 20% and an adjacent industry, insurance, is also up at a rate of 13%. . All of this data comes from CareerOneStop, which is operated by the U.S. Department of Labor.
- Or consider the increasing role technology plays in our lives, powering everything from basic home appliances to social networking to the apps we use to order dinner and rides. Let's look at. It's no surprise that tech jobs of all types are up 19% based on CareerOneStop.
- Alternatively, as the population ages, pet ownership has increased significantly, with more and more empty nesters becoming dog and cat parents. According to CareerOneStop, veterinary services are increasing by 19%
- Mental health is declining as depression steadily increases and overall happiness declines. Relatedly, based on CareerOneStop data, mental health practices increased by 21%, psychiatric and substance abuse services by 12%, and human services/fitness centers by 11%.
Bottom line: To land job security, look for social trends that drive growth in industries, markets, and organizations, and look for roles that increase your chances of job security.
Create a stable career path
In addition to paying attention to trends and industry growth, you can create a stable career path in several concrete ways.
- First, manage your perspective. Know that your job security is a result of your ability to adjust, adapt, and learn. Employment security can be thought of not only as the stability of a specific job, but also as the stability of a career. Career stability is based on the ease with which you can move on to the next opportunity when the time is right.
- Ensuring career stability requires constant awareness of context. Be aware of trends and patterns in both society and industry. Also, listen to what's going on within your organization and anticipate where the market is softening or how your business is changing. By doing so, you will be prepared to respond and adapt in terms of your role, responsibilities and contributions.
- Also, realize that job security is about more than a paycheck. You may decide that you need a certain paycheck for your own financial health, but you also know that security has value in itself. If you lose your job, your income will be reduced, but you may also be at risk of having to take a lower-paying job to re-enter the workforce. Based on these factors, the value of job security is estimated to be 17% of salary, according to AEI. When choosing a job, keep this perspective in mind when it comes to salary.
- Additionally, make sure you perform well, take initiative, and are always learning. Your job security is largely determined by how much value your employer sees in you now (such as great performance) and in the future. Taking on a new project or proposing an innovative way to solve a problem increases your value beyond your current performance. And if you keep learning and growing, you're sending a message about your future potential and your agility to where your business needs to evolve in the future. These are all important ways to increase job security.
- Another way to increase job security is to build strong networks and relationships. Companies want to retain and develop people who are strong team players and bring a positive attitude to work. They are more likely to retain and invest in employees who get along well with others and have strong social capital (the ability to build positive relationships within the culture and move things forward constructively). It will be expensive.
Ultimately, these approaches not only increase your job security, but also career stability based on your strong credibility, good skills, and the people who will support you in your next opportunity. Probably.
You can also create your own job security as well as find it in specific fields and roles.
Find job security in the technology industry
Technology is one of the fastest growing industries, adding tons of jobs every year. Technology is essential to life and leads to more products, services, business, and jobs. However, because technology is essential to any company, technology-related jobs offer the best job security. If you have good attention to detail and analytical skills, you will enjoy this type of career. Consider the following roles:
- data scientist – Roles in data science are growing at 36% with an average salary of $115,000. This job processes data to inform decision-making in all kinds of fields and professions. Start by getting a bachelor's degree or finding a company that will hire your potential and train you.
- IT Security Professional – This role is focused on cybersecurity, averages $120,000 and is growing 35%. Start by earning your bachelor's degree.
- software developer – Jobs as software developers are up 26%, with an average salary of $133,000. Start by finding a company that will train you or get a bachelor's degree. Software that is incorporated into services and products He is engaged in the work of creating programs.
Find job security in the healthcare field
The field of healthcare has grown significantly and includes many related professions. People who enjoy healthcare typically have an inclination toward science and a desire to work collaboratively with people.
- nurse – This role is growing at 40% and has an average salary of $125,000. As a nurse practitioner, you will see patients and provide services that are more than an RN but less than a physician. Performs patient examinations, diagnoses, and prescribes medications. Get started with a bachelor's degree and her two-year advanced degree, as well as a license.
- Occupational therapist assistant – This occupation is expected to grow by 25% with an average salary of $66,000. Occupational therapist assistants work with occupational therapists to help people develop their physical skills. All you need is an associate's degree and a license to practice.
- speech therapist – This job is growing 21% and has an average income of $89,000. Start by earning your bachelor's degree, master's degree, and license. Your job is to support people who have difficulty swallowing or speaking.
find job security in business
Business roles also offer good job security, and CEO prospects are steadily improving. In fact, CEO confidence is now at its highest compared to the past 18 months, according to data from Vistage. Business suits all kinds of interests, from the analytical to the more conceptual, and from those who prefer to work alone to those who thrive on working in teams.
- market research analyst – This role is growing at 19% and has an average salary of $79,000. Investigate market patterns and develop insights to inform business decisions. Start by earning your bachelor's degree.
- financial advisor – Financial advisor jobs are up 15% with an average salary of $117,000. Let's start with bachelor's degree and licensing exams to help people plan and manage their finances.
- real estate agent – This role is growing at 5% and has an average salary of $71,000. Start by earning an associate's degree or getting a license through training from your employer.
- engagement manager – Engagement Managers have an average salary of $112,000 and serve as a liaison between the company and its customers, helping set up programs and products. Start by finding a job at a company that will train you. A degree is usually not required.
- Your business can also focus on: Role in the energy sector, including geothermal, solar, wind and other power sources. These are growing at 60% to 61%, which bodes particularly well for all jobs in this field.
Find job security in a career that helps people
Helping professions can also be a great source of job security as they grow. Those interested in careers that help others will especially appreciate working with others to provide support and guidance.
- therapist – This role is growing at 14% and has an average salary of $88,000. As a therapist, you will be teaching and counseling people who are struggling with mental health issues. Start by earning your bachelor's degree.
- nonprofit lawyer – Nonprofit lawyer jobs are growing at 10% annually, with an average salary of $164,000, and they help people with legal issues. Start by earning your bachelor's and law degrees and passing the bar exam.
Finding job security in the arts
Those with creative and musical inclinations may also consider a role in the arts. Although the region as a whole has not grown significantly, music director and composer is growing at a staggering 80% and has an average salary of $49,000. You don't need a degree to get started.
Achieving stability
Job security may feel precarious today, but by staying aware of your environment, trends, and growing industries, acting, learning, growing, and adapting, you can achieve greater success now and in the future. I can.
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