How Downsizing Will Affect Freshers In The Company??

Dear Seniors..

Please suggest me on this..

Right after completing my MBA (HR), I joined my current company 9months back by Campus Selection.. I am fresher & this is my 1st job.. First 7 months were really good.. After Induction, I was placed in Recruitment & was working very well.. My HOD was also happy with me as I have picked up at a really fast speed..

Then suddenly this economic downturn came.. Production slowed down, Cost cutting started, Recruitment freezed.. Asi was on the same profile, lost my work.. Sitting idle in the office since past 2 months.. Now this Downsizing has also started in the company.. I have really started feeling insecure.. I may also become the target.. My Boss has now become un-approchable for me.. Not giving even a little attention.. My Boss, All HODs & Top management people are damn busy in meetings now a days.. Everyday forming new strategies to cope up with the current situation..

Everybody in my team is senior to me.. Have got 1 or the other tasks to do.. And I am sitting idle at my desk.. Watching everybody around & getting more & more frustated everyday.. Being a fresher, dont know much about other functions.. Trying a lot to learn new things but no body has time to explain.. Everyday, for the whole office hours, doin NO value addition to my profile.. Sometimes surfing net to increase my knowledge, sometimes helping others in their day to day work.. To keep myself busy, doin all sorts of non value adding activity..

If I will be terminated, what will be my future.. We dont have jobs in the market.. I really Love my Profession.. & want to achieve greater heights in it.. But what for now?? How Freshers like me should prepare themselves to face this situation??

Kindly Guide..

Dear Seniors..

Why 9 views & No Reply..

The question what I have asked, Is the situaton unavoidable & frehers have to face it.. or the question itself is not that important..
Should we wait & get frustrated till getting the termination?? Or there is a positive part of it??
Is this situation present in many companies.. OR belongs specifically to me..
Kindly guide..

dear
it is not necessary that u will be terminated.in this situation i will suggest u to increase your knowledge regarding salary,ESI&PF MATTERS.Donot worry there is no such problem in market .
tks
j s malik

This is high time when you can work on new ideas and their feasibility. Your one gloden idea can save the job of others offcourse yours too. You have the unique opportuinity to chalk out a special cost cutting plan, process improvement plan. The is so precious opportunity of learning which came after a long time and in the normal time probably you could not learn at very beginning of your career. Accept the challenge for unique learning.

There are many things we can do provided we know how to best present its usefullness:

As an HR - I would suggest you to focus on other areas too - like training, preparing performance linked compensation, understanding employee cost and ROI from each employee.

Focus on Internal Recruitment.

See the article below: Its borrowed from the Internet - but I liked it
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The HR Bailout Plan

You have heard - the Dow dropped 777 points, representing the largest sell-off in 21 years. It is a more significant percentage loss than the day after 9/11. When you consider that the NY stock exchange was right n the middle of the 9/11 catastrophe, you get an idea of how serious traders believe this situation is.

If you watch the news, you will now encounter images of the food lines of the depression, and commentators instructing you to buy gold and stockpile rations. It's a serious situation.

So the bailout plan failed. Let's talk about the HR Bailout plan.

With constant bombardment of bad economic news, deteriorating personal investments, and an alarmist media, you can bet that your employees are scared. Human Resources must now take a very active stance to get ahead of these fears and lead corporations into normal and productive operations.

Here are a few ideas for your HR department to be a force a reason in this storm of uncertainty:

1. Reassure: Send a memo to all of your employees expressing empathy and understanding of the stress they may be undergoing. Highlight recent successes within your business and bright points in your market. Be honest about your business operations and write about a few challenges and how you can all overcome them.
2. Protect n' Serve: Now is a great time to reevaluate your financial support and services, and banking options. Look for greater flexibility in investment choices, transparency, and financial strength of your partner firms. Promote these changes to your employees and get their input. Stay fixed on the protection of your employee's assets and financial future.
3. Advise: HR certainly should not function as a financial advisor to your employers. However, a certain amount of counsel might be warranted and helpful. During real economic crises, the best investment advice is often to do nothing. If you are fielding calls about your company 401K, for example, direct them to your plan provider, but approach the matter without alarm. If you can provide a general employee memo about such matters, keep the tone reassuring and use a lot of old adages: most of them are true.
4. Keep a seat at the table: Your organization will most likely be looking to reduce overhead. Your department may be involved in planning staff reductions. However, keep focused on productivity enhancements and employee related cost savings beyond staff reduction. For example, this may be a great time to consider remote work for some staff, training to improve production, and courses to improve organization and time skills. Now is the time to invest in your employees, both for them and the long term health of your organization.

The role of the Human Resources function cannot be overstated at this critical junction in our economy. You have the ability to counsel, motivate, and lead your company through these uncertain times. If organized correctly, this downturn can have very positive effects: your organization can emerge smarter, more productive, and courageous. It is up to all of us to affect this change

Dear,
Just be patient.. and if at all you see a downsizing.. Stay calm and there are plenty of jobs in the market.. search and search smart you ll get a best one.. My only advise to u is any any pressure you will work smart.. so just let things fall in place for you rather than you gong behind them and making it right..
Regds
Nirzari Sen

Dear Gaurav..
I know.. Layoffs are very painful.. But please DOnt worry..
If you have decided to win, no little defeat can stop you.. these hurdles will be temporary..
Regards..

Dear PMA,

This is sort of Mid-life crises. People usually have this kind of situation in there late 30s - 40s. Some do have it early. I think you shouldnt worry about your jobloss but yes instead be proactive. Count your assets - You are a MBA graduate. Your only liability would be you being a fresher. Downturn is affecting everyone at all levels as of now. Be brave and prepare for the worst. Be practicle this is a situation unavoidable for any one.

What you can do is:

1. Do some additional course related to your field or other areas which interests you (it increases your value in job market). Say you can do a diploma in marketing, journalism etc..
2. Try applying ... on all job portals, put your cv to all your network and friends and consultants as a proactive step. (Market is not as bad as it is projected by the media and few economies).
3. If you donot have handful of work in office you can do some independent research and projects. Utilise time to read and to improve your knowledge.
4. Believe in your ability, save each penny for rainy days. Saving ones earning always help in bad times.
5. Dont get stressed or burntout. stay calm and dont show your frustration and dont complain about this situation to anyone at job especially to your boss... seniors and collegues. (people will feel you are worked up and you are demotivated on job and this can itself become a reason for your employer to pink slip you from job).
6. Stay fit and eat healthy. Dont loose focus. Take this situation as a learning experience. You will only learn to win over idleness, insecurity. you will learn to manage finance better and wisely. Learn to manage failures in life and resolve problems.

Remember you have your family and friends as a final resort for survival.

All the best
Jaya05

Dear Seniors,
I have one problem. i am working asst mgr hr. we are about 3 Hr people for 600 employees. I am taking care complete recruitment area till the candidates taken into board. But for recruitment no such costs. so far i have placed most of the employees through known friend and sources no consultants fee, no job portal, no employee referral.apart from recruitement i am doing other works. still i feel that no one has
Recognized my work. Sometimes i fell that am also insecure of my job please any one can advise on this.one of my friend who is working with me in the same dept talks proud about his work. sometimes i feel like c....


Thanks
BUR
.

hey ,
Don't get worried, meanwhile utilise your time by helping your colleagues or updating your knowledge, you can also do a brainstrom and find out what value add you can provide in the current situation.
Always have a smile:)
Cheers