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How to Prepare for a Layoff Before It Happens



The job market is rapidly evolving. Changes in the economy spur companies to adjust their workforce, and while automation and technology have made it easier for businesses to operate, sometimes they’ve prompted companies to eliminate positions. Not surprisingly, many workers say they’re concerned about losing their jobs.

For example, in a 2019 Harris Poll, almost half of employed Americans said they suffered from layoff anxiety. A third of respondents said they were concerned about a pending recession, 32% said they were concerned about a layoff due to rumors at the office, and 30% said their fears were linked to recent layoffs at their workplaces. A total of 47% of workers said they felt ill prepared for an unexpected job loss.

Also of note is that people ages 18 to 34 reported having greater anxiety about being laid off than older workers, despite having fewer financial responsibilities, such as children and mortgages. This may be due to younger workers having concerns about their lack of experience, or millennials remembering what it was like to see their parents get laid off during the Great Recession.

The bottom line is that the economy and the job market are unpredictable, and while it’s difficult to predict who’s at risk of being laid off, you can take steps to prepare.

Also read: reputation guards

Build Your Brand

One of the most important ways you can prepare for a possible layoff is to make sure that your skills and professional connections are up to date. Networking, maintaining contact with former colleagues, and staying on top of industry trends can make you marketable if you need to search for a job.

Stay Connected

Networking is about more than attending conferences or seminars. For example, developing contacts (and joining groups) on LinkedIn; attending alumni association and professional association meetings; and staying in touch with friends, clients, and past colleagues are all important. Developing and nurturing these connections can help if you need to search for new employment.

Make Yourself Indispensable

No matter how secure your job may feel, you should always make an effort to expand your knowledge and skills. While some workers do this by enrolling in continuing education classes, others may volunteer to take on leadership projects or to serve as liaisons to teammates in different departments. Understanding how you can provide value to your team, as well as how your team can provide value to the company, demonstrates that you understand the big picture.

Keep Track of Opportunities

Keep a current version of your resume handy, and make sure to monitor job boards. Indeed recommends revisiting your resume at least twice a year if you’re currently employed. If you’re concerned you may forget, set a recurring calendar reminder.

You should also pay close attention to trends in your industry and explore jobs with high growth potential. Lastly, make sure that your professional online profiles (on websites such as LinkedIn) are current in case employers are looking for talent, and be sure to maintain a portfolio of work that highlights your skills.

Know Your Rights

It’s always a good idea to familiarize yourself with concepts such as how unemployment works, the health benefits available through COBRA and elsewhere, and whether you’ll qualify for severance pay if you’re laid off.

Know What You’re Owed

When you were hired, you were likely asked to sign a contract, and you may have been given an employee handbook. You’ll want to take some time to reread everything and familiarize yourself with what you signed. These documents often outline a company’s policies regarding severance pay. For example, most companies are required to pay laid-off workers for unused vacation time.

Know Whether Your Noncompete Agreement Is Enforceable

Lots of companies ask their employees to sign noncompete agreements, but most people don’t know that noncompete aren’t always enforceable. For example, in Illinois, physicians, broadcasters, and government contractors are exempt, whereas in California, state law says that all noncompete agreements are unenforceable. It’s worth taking the time to research your state’s noncompete agreement laws. If you have additional questions, you can consult with a local employment attorney.

Ensure Your Personal Security

John F. Kennedy once said that “the time to repair the roof is when the sun is shining.” This is especially true for developing a plan to manage finances, healthcare costs, and other personal needs in the event of a layoff.

Prepare an Emergency Fund

The first proactive step you can take to prepare for a layoff is to have a financial safety net. Most experts recommend having enough money to cover between three and six months of expenses. Although this can seem like an enormous amount of money for those just starting their careers, even setting aside a few hundred dollars, with a plan to add additional money when possible, is a great way to get started.

The second step you can take is to talk to family, friends, and others in your support system about your financial options in the event of a layoff. For example, would your parents be able to welcome you back home if needed? Could you take in a roommate? Are there jobs you can take on quickly for immediate cash, for example, for gig economy companies like Uber and Door Dash? Creating a backup plan now can help mitigate the stress of needing to figure it out on a moment’s notice.

Use Your Employee Benefits

Be sure to proactively use any employee benefits, such as medical, dental, and vision care or money in a flexible spending account (FSA) throughout the year. Staying on top of checkups (and prescription refills) can help lessen your stress if you become temporarily uninsured. It’s also worth noting that most insurance providers allow people to fill up to three months of prescriptions at a time.

Preparation Is the Key to Success

When it comes to a possible layoff, it’s always best to plan for the worst and hope for the best. Taking time to develop a plan now can help reduce your stress if a layoff happens. If you’re interested in learning more about how advancing your education can help you learn new skills and increase your employability, discover how Maryville University’s online bachelor’s, master’s and doctoral degree programs can help prepare you for your future.

Author Bio

I am Julie Mike, and I have been working as Content Writer at Rananjay Exports for past 2 years. My expertise lies in researching and writing both technical and fashion content. I have written multiple articles on Gemtone Jewelry. I hope my work keeps mesmerizing you and helps you in the future.


The Effects of Spatial Computing




Computer-generated reality is having a growing impact on our lives each year through the use of augmented reality and virtual reality, which are examples of spatial computing. The technology is relatively small, such as the AR/MR smart glasses with OE Z-Lens, Apple Vision Pro, and Meta Quest 2, but they provide great opportunities for users to interface in 3D with near-to-eye display technology. 

From gaming to education, spatial computing improves the way we experience the world around us. The use of this technology means business calls can be made holographically from anywhere in the world, games are able to be accessed through the metaverse, education can become more hands-on, and healthcare is able to be further catered to people’s unique needs. And there is still much more to come! 

In the current state of spatial computing, near-to-eye displays are replacing various phone functions other than calling.This is mainly being done through AR glasses, which use reflective waveguides to project images toward the eye and offer benefits like extended battery life, better brightness, and a greater field of view. Spatial computing is having significant effects on how we work and play, with new advancements expected to create more changes in the near future.

Spatial Computing: The Future of Work and Play
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Cybersecurity Solutions to Implement in 2024 




Black computer screen with green numbers

As we embrace the digital future, the cybersecurity landscape continues to evolve at a rapid pace. With new threats emerging every day, businesses must stay ahead of the game by implementing robust and efficient cybersecurity solutions.

As we peek into the horizon of 2024, here are some top-notch strategies that every business should consider to maintain a secure and resilient digital infrastructure.

Invest in a Comprehensive Threat Detection System

The first step to take is to invest in threat detection technologies that can quickly identify suspicious activities. This should include malware and ransomware protection, application vulnerability scanning, and regular patching. Additionally, consider deploying an intrusion prevention system (IPS) to combat more sophisticated threats like zero-day attacks.

Train Employees in Cybersecurity Best Practices

No matter how good your technical solutions are, they will be rendered useless if employees fail to adhere to best practices. Make sure that everyone in the organization is aware of the risks and knows what steps to take when handling sensitive information. Additionally, creates a culture of security by incentivizing staff to follow cybersecurity protocols.

Utilize Cloud Computing

Cloud computing is quickly becoming one of the most popular ways to store and manage data. Not only does it provide flexibility and scalability, but you can also take advantage of advanced security features like encryption, access control, and multi-factor authentication.

Furthermore, cloud providers are always on the lookout for new threats and have a team of security professionals on hand to respond quickly if something goes wrong.

Implement Automated Network Monitoring and Logging

Automation can be a great help when it comes to network monitoring and logging. By setting up automated processes, you can ensure that all logs are automatically collected and analyzed in real-time.

This will allow you to quickly identify any suspicious activities and take corrective action. Additionally, consider using machine learning algorithms to detect anomalies that may not be detected by traditional methods.

Use Password Management Tools

One of the most basic steps to take when it comes to cybersecurity is implementing strong passwords and changing them regularly.

To make this process easier, you can use password management tools like LastPass or 1Password which let you securely store passwords and access them quickly when needed. Additionally, consider enabling two-factor authentication to add an extra layer of security.

Leverage Encryption Technologies

Encryption is one of the most powerful tools when it comes to data protection. By encrypting sensitive information, you can make sure that even if it falls into the wrong hands, it will remain unreadable. There are various encryption technologies available and you should choose one that best fits your needs.

These are just a few strategies that you can implement in 2024 to keep your digital infrastructure secure and resilient. However, the key takeaway here is that cybersecurity is constantly evolving and becoming more complex.

As such, businesses must stay up to date and invest in solutions that are tailored to their specific needs. With the right tools and strategies in place, you can ensure a secure future for your business. 

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How Professional Construction Management Can Make Your Project Better




construction management

Construction projects are complex and require many different skills to work together in order to be successful. By leveraging the expertise of a professional construction manager, your project will benefit from their insight into the industry, knowledge of regulations and codes, experience with suppliers and contractors, and ability to manage budgets. Professional construction management offers a number of benefits that can help ensure your project is completed on-time and within budget. Here are a few,

Guidance on best practices and processes

By taking advantage of their expertise in the industry, they can provide guidance on best practices and processes that will make the most efficient use of resources. They can also offer insight into potential problem areas that could impact the timeline of the project and provide guidance on how to steer clear of them.

They can also help you make sure that all regulations and codes are properly followed. They will have a thorough understanding of applicable laws and requirements, as well as an understanding of local ordinances that must be observed. This ensures compliance with both state and federal regulations, which can save your project from costly delays or fines.

Professional experience working with suppliers and contractors

In addition to their expertise in regulations, professional construction managers also have experience working with suppliers and contractors. This can save time when it comes to selecting a contractor for the job and negotiating prices with potential vendors. By leveraging their knowledge of the industry, they will be able to provide useful information on who has competitive prices and who can deliver on-time.Finally, professional construction management can help manage the financial aspects of the project.

A construction manager will be able to track costs and make sure that all expenses are accounted for. They can provide guidance on which materials or services are necessary and ensure that all bills are paid on time. This helps reduce the risk of unexpected costs or delays due to unpaid bills.

Quick and Efficient

By taking advantage of professional construction management, your project can be completed quickly, efficiently and on-budget. With their expertise in the industry, understanding of regulations and codes, experience with suppliers and contractors, and ability to manage budgets, a professional construction manager can make sure that your project is a success.

Construction projects are expensive endeavors and it’s important to make sure that your money is well spent. By investing in professional construction management, you can ensure that your project is completed on-time and within budget. The expertise of a professional construction manager will be an invaluable asset to you and your company, so don’t hesitate to take advantage of their services.

Your Project deserves the best attention and care

By utilizing the expertise of a professional construction manager, your project will be completed on-time and within budget. Don’t neglect this important step in ensuring success; make sure to hire a trustworthy and experienced construction manager for your next project. Remember that investing in the services of a professional construction management company is an investment in the future of your project.

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