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Credit crunch redundancies
Former Member
Posts: 1,876,323 The Mix Honorary Guru
I work in recruitment and am finding people who previously had reasonable saleries going for minimum wage jobs in shops out of desperation.
Apparently the same is happening for low level office jobs. Obviously, nobody wants to be unemployed and will take what they can get and businesses want the best for their money.
It's actually pretty scary... That people who are very qualified are going for lower down jobs which are usually a foot in the door for graduates like myself.
Agencies also have very few jobs. Speaking to a few consultants, they say that so many companies are just laying off at the moment and they don't seem to have many jobs themselves.
I am going to talk to my manager soon about going permenent in my job (as I am currently earning the same as people would earn stacking shelves in a shop and am struggling), but I'm worried I won't be able to as they too will be laying off (I am saving for a TEFL anyway!).
Anybody experiencing redundancy?
Any tips, or ideas for safe jobs?
Apparently the same is happening for low level office jobs. Obviously, nobody wants to be unemployed and will take what they can get and businesses want the best for their money.
It's actually pretty scary... That people who are very qualified are going for lower down jobs which are usually a foot in the door for graduates like myself.
Agencies also have very few jobs. Speaking to a few consultants, they say that so many companies are just laying off at the moment and they don't seem to have many jobs themselves.
I am going to talk to my manager soon about going permenent in my job (as I am currently earning the same as people would earn stacking shelves in a shop and am struggling), but I'm worried I won't be able to as they too will be laying off (I am saving for a TEFL anyway!).
Anybody experiencing redundancy?
Any tips, or ideas for safe jobs?
0
Comments
tho i'm taking it as a good thing as my place is currently taking on
Public sector jobs aren't too badly paid.
However, in return for the reduced pay you have far more job security, almost total I'd say.
Because work has been slow they have increased the amount of work we have to do to hit "productivity".
However the union has just agreed this years pay rise (should have been sorted in April!) of 4.5% and 4% for next year.
And now we're hitting winter we're getting really busy again, and one of our main competitors who were under cutting us most of the time have just gone bust so that should hopefully lead to us finding ourself even busier and as such secure.
However one of my mates who worked in repairing plane components found himself out of work 2 months ago.
Frustratingly he has only applied for 3 jobs in that time, and despite me finding him jobs, or pushing him in to applying for jobs he just comes back with "im looking for something decent" - Personally i think when you've been out of work for 2 months and in a position where he can't afford to go out any more you apply for anything and everything, then when you've got something start being picky.
Yeah, my firm works in assistive technology. Like you, we get quiet summers then business coincides with the academic year in Sept/Oct. The credit crunch didn't really hit us but we were on a low in 2006 and the competition is getting more agressive.
Actually, I just wanna fuck my job and my housing contract off and leave London for good.
If they get cut anymore, I won't be able to afford to go out at all. Unfortunately as it takes so long to get home, I can't get another job :rolleyes:
Cannot wait to get the fuck out of this shit city. In fact, I wanna get out of the UK altogether, at least for a year.
Shitloads of people have been laid off, especially in the aviation, construction and financial industry. I think I'm in the only aviation sector where there's actually staff shortage. It's the same in most countries so I personally don't worry. It's actually very tempting to jump ship with the crappy Icelandic economy.
The surprising thing is that my other brother who is a newly graduated arts student in Los Angeles just got offered a permanent job and a payhike. We were all almost certain he'd struggle in this economy but according to him the entertainment industry does pretty well now.