Recession Proof Jobs

In the last little while there has been a recession across the world and people have been fearing pay cuts or loss of jobs. However, some parts of the world like China and India, though these countries have more than half of the Recession proof your job or career manpower of the world, have not been hit by a recession that badly. One thought that comes to mind is "are there any jobs which are not effected by recession?" as is the case with some businesses where some businesses are less effected if a recession is on. Some of the examples of businesses which are less effected by recession are healthcare, the federal government, clean technology, information technology, and sales and marketing. Though such businesses have to make adjustment during recession but they can survive for sure.

While looking for answers on the Internet (my favorite hunting ground) I came across this article on the Payscale web site. Payscale is a website which provides information on salary trends across industries and it was reviewed earlier on the After The Dot Net blog. A study done by Kristina Cowan has tried to identify recession proof jobs.

While conducting research on jobs not effected by recession Jon Bender, managing partner with PrincetonOne, a New Jersey-based recruiting firm observes that recession proof jobs are there where people require goods and services regardless, like healthcare and pharmaceuticals. Therefore anyone who makes or saves money for the company is safe in a recession.

Federal jobs though not easy to get are usually safe as usually an employee is transferred if the services that he is giving are no required during a recession. Moreover, the add-ons of Federal jobs are tremendous. However, one should try and look for federal jobs when the recession is not there since the chances of getting a job during a recession are tougher.

During a recession one should concentrate on the job work harder and take less risks and not make any drastic decisions. One needs to ensure that his contribution is noticed by the seniors during the meetings and the monthly, quarterly and yearly reports. When meeting the seniors or managers you should say where you are doing good, where you can improve. All these practices should be put in practice in the good times for if your attitude changes during a recession it will not have the desired effect as someone might construe that you are insecure about your job.

Experts believe that to identify recession proof jobs or industries than it was 15 years ago. The best way to recession proof your job is to ensure that the management sees value being added because of you in the organization. If you have not been doing it in the past start practicing it right now and in a couple of years you will feel that your job is recession proof. How recession proof your job is directly proportional to the ability to multi task. The more ability you have to multi task the more recession proof your job is.

The lesson in the end is that ensure everyone sees value of your work in the organization and everyone recognizes your ability to multi task. So get working on these values before the recession really sets in.

Suggested readings

  1. An excellent article on how to make yourself and your job recession proof
  2. A article by AOL jobs team on how to prepare yourself in case of a recession
  3. This post on the Babalu blog argues that we are not headed for a recession
  4. More articles and white papers by Kristna Cowan
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