Job Security is a Reality Today!
Me: Heard XYZ Org has given 0% hike this Year to average performers (70-80% employees).
Colleague: Last Year, I moved away from this Appraisal-Hike-Bonus cycle.
Me: Didn’t get it. Why?
Colleague: I left my last Org in just 6 Months. The toughest 6 Months.
Me: What happened?
Colleague:
It was a small firm. The Project I was hired for had some hiccups. 15 employees were fired on a single day. That day I experienced the fear of ‘Job Security’. In CapG, we never bothered if we had a Project – were on Bench – etc. We knew that Salary would anyways be credited – bills can be paid. That time we used to crib about the hike-and-appraisal. But these 6 months were altogether different. You have to constantly prove your worth to stay in the game. The fear of getting fired anytime. It was tiring & stressful. That day I understood the importance of having a ‘stable job’. It is way better than living in the fear. I am saying be content, but that doesn’t mean you don’t try to be better & get more. Comfort zone makes you stagnant. But the point I am trying to make is – “Job Security (or Insecurity) is far worse than No Hike”. I have experienced that.
I second that. Job Insecurity is worse. But don’t stay in your comfort zone & be stagnant. Always try to Upskill >> Upgrade >> Work & get better.
Got any thoughts?