Is your job affected by the credit crunch and current economic conditions?

Stardust77

I feel my job is at risk as a direct result of current economic conditions.

I put myself as a risk. I'm in banking and OH is a self-employed builder. The future's not looking rosy in either industry. OH has more work than last year but we're fully expecting it to dry up soon. We've also seen a huge rise in the amount of small building/maintenance business that have popped up locally where builders and related trades can't get work so have set up on their own.

We're a fairly low maintenance family but cash flow is the main problem for us.

fc123

I feel my job is at risk as a direct result of current economic conditions.

lynzpower wrote: »

I work for a security company specialising in the security of vacant commercial and residential buildings & property. We are able to undercut competitors by at least 50% of their current security costs. We are pretty busy to be honest.

I think you could be safer than most as business could increase....more vacant comm property to secure.;)

WTF?_2

Not sure.

misskool wrote: »

You didn't include people on fixed term contracts who may be fine for the moment but have no job security per se.

To be fair, a 'permanent' contract of employment doesn't really offer much security either. Maybe a bit of redundancy money at the end of it.

The only 'benefit' is that generally the contractors and fixed-termers will probably go first. But at the end of the day if your employer doesn't see a benefit in keeping you on as things get tougher, you are toast. That's if the business you are in even survives. A lot of service and retail is sure to go as well as the obvious victims, like anything to do with construction or selling houses.


Amazed at the number of people who in general (not just this poll) seem to think they won't be affected at all in a recession. Obviously similar thinking to the "my house won't drop in price" mentality.

GDB2222

No, I have no fears about job security.

lynzpower wrote: »

I work for a security company specialising in the security of vacant commercial and residential buildings & property. We are able to undercut competitors by at least 50% of their current security costs. We are pretty busy to be honest.

Out of interest, 50% competitive advantage is simply huge. How do you do that?

Brian_Bullocks

kunekune wrote: »

As a university lecturer, my job is quite secure ...[.....]....So that means more pressure, fewer opportunities for promotion but at the same time even longer hours than we already do.

What about all the long holidays you get (over 2 months in Summer)?

emmakelly

Hi,

I worked in the financial service industry for 18 years and spent the last 2 years being a self employed mortgage broker. With the effects of the credit crunch business was slow so i looked for ways to earn extra income. 5 months ago i came across an internet marketing company. I was sceptical at first because there are a lot of scammers out there but was drawn to them by the fact they provided an address and telephone number. I am so glad i made the call because i went ahead and joined them and am now making good money. I get training over the phone 2-3 times a week so am never left on my own to try and succeed. I have since wound up my mortgage company and am now internet marketing full time working the hours that suit me. The beauty of this type of work is that you can do it part time around a full time job and still earn decent money.

Regards Emma.

VickyA_2

No, I have no fears about job security.

I'm an infant teacher in a not very affluent area. I'd hope that I am as "safe" as anyone can be, but there are alot of children from (recently arrived) Eastern European families in the school who work in manufacturing and agriculture. I suppose it just depends whether they can afford to stay in the UK or feel that it's better to return to their "home" country.

My husband, on the otherhand, works in IT. The company that he works for have picked up alot of business from other companies who have been paring down their IT department and have wanted to out source the provision. A couple of people have left his company recently (one to go travelling and one to another company) and haven't been replaced. He's quite optimistic about the company's position, but me being a little "glass half empty" kind of person, I'm not as optimistic. I hope that he's right for once.

However, if the worst comes to the worst then our parents would never see us on the street. (though we do have savings for a deposit on a house that could be used as well as our "emergency fund")

Fishingtime

I do not think my job will ever go, even though people are starting to shop around for the cheapest deal.
Which is a good thing.
I am an Undertaker.

BettiePage

No, I have no fears about job security.

We should be ok I think. Hubby is armed forces and I'm a student nurse with one year to go (fingers x'd).

Edit: I also do bank work for 2 different pct's.

chrisandanne

I may be affected, but only if we go it all gets much worse than it is now.

My OH should be ok, he works running a residential home for adults with learning difficulties, not nhs. But I have learnt to expect the unexpected so who knows. A x