The Security Myth

There is no such thing as a secure job.  

There, I said it. While most people are still clinging to the illusion of job security others are doing something about it.

I can’t blame anybody since we have all been sold the secure job myth, from our parents to our schools and universities and eventually our employers. The truth is that most jobs won’t last much longer than four years. Even government jobs are no longer secure with long time employees being told that their role is being handed over to a private sector company so they have a different boss from Monday.

The truth is that in the 21st Century we need to mind our own business. I mean in the respect of taking control of our own financial income and career by working for ourselves. It doesn’t have to be anything glorious such as consulting business. A website giving advice will do or something on the side.

As an IT professional I highly recommend contracting. You earn much more than permanent work, you get to pick what you do and who you do it for. If you do a six month contract you should have 12 months money when compared to permanent work.

What have you got to lose if your current job isn’t secure?

Paul Browning

9 Responses to “The Security Myth”

  1. That’s so true about “job security”.

    These days your layoff will be just a business decision by someone to in order to report a “20% budget savings” or something along those lines.

    So do not take it personal. Just be prepared to move on.

  2. its true, I worked for my the family business and even my own dad sacked me. The truth is just like everything there is no such thing as forever, those who depended on certain institutions that are supposed to be prestigious are now beggars. Even wall street can crumble.

    • Paul said “what have you got to lose if your current hob isn’t secure”. Ad your comment, Sunny, is that “even Wall Street can crumble”. So, in reality, none of our jobs are secure; we accept that and live with it. And, as this blog post suggests, it is important to take steps to cushion ourselves from the possible loss of a main job. Such as considering a small part-time side business.

  3. I think contracting is the smartest thing to do when you have good skills. The only down side is you have to market yourself a lot. nevertheless it beats the permanent work setting any day.

    • Hi Josh. Contracting is certainly an option. And you might find, in the face of losing your job, that you actually have the time to try working for yourself, while also looking for other work – to keep options open. That’s what I did – tried starting a freelance business after I was laid off. Even though ultimately I was hired for a full-time job in a company, I still do some freelancing on the side. For me it’s a good backup plan!

      Nice to find this blog.

  4. Nothing lasts forever. Even if you get to keep your job with sheer performance there will always be other factors. Consider the folks who lost their jobs because of corporate bankruptcies. We must be prepared for whatever life gives us.

  5. It’s true that we all must be prepared for change of all kinds in our work lives. Even while employed, one can take steps to learn what kinds of skills and expertise are called upon for contract jobs, and then develop a plan for gaining and retaining those skills.

    • Peter mentioned above part-time contracting. If it’s something that can be after regular work hours, then a good way to get started is to test the waters by doing some contract work part-time. I can see that you’d develop some skills and a :portfolio” of experience, while still using the regular pay check to pay the rent and bills. Very important to keep the two separate however!

  6. what have you got to lose? what about health insurance. granted, if i lose my job i lose my health insurance. it get that. but what do you do about health insurance when you’re contracting? where can independent contractor turn to for health benefits?

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