When was the last time you made changes to your resume? If you take longer than 5 seconds to respond, we will sound the alarm for you. The entire world is in recession. From a financial to an economic crisis, the slowdown may soon lead to an unemployment disaster. Most of us have already witnessed companies downsizing their workforce, and larger corporations such as Amazon have announced massive layoffs. This does sound terrifying!
Many people believe that cutting costs is the first step. Companies will be forced to cut jobs if it does not work. If the global economy does not improve soon, Indian employees in industries such as ITES, BPO, steel, and cement, among others, may face more pink slips.
You cannot afford to be unprepared in such a situation. Begin immediately by updating your resume to ensure that it qualifies you for a job.
If you're still unsure what to do, here's what you should do.
- Avoid Exaggerating Your Abilities:-
Do not present yourself as an expensive option when companies are not in the mood to overpay employees. Highlight your skills and accomplishments while remaining flexible on salary terms. When your employer brings it up, discuss your salary in ranges rather than exact figures.
- Emphasize Your Cost-Cutting Abilities:-
Include and explain all of your cost-cutting efforts in previous companies. In addition, emphasise your revenue-generating contributions. Using brief examples can help you earn brownie points. You could say that you cut costs by 60% to 75 lakhs while decreasing unit pricing and increasing sales goals, or that you implemented an x programme that increased battery sales by 27%.
- Present Yourself As A Dependable Employee:-
If you have been changing jobs frequently, you must address this in your resume. Do not include any jobs that you have held for less than six months. Also, demonstrate your ability to wear multiple hats.
- Add Some Abilities:-
Although job responsibilities vary, your inherent skills follow you from job to job. Make certain that you can identify the most relevant skills to include in your resume. The best way to accomplish this is to identify what has aided you in carrying out your responsibilities. Your response will undoubtedly be a list of your abilities.
- Avoid Being Objective:-
Recruiters and employers are very focused right now. Instead of knowing what you want to do with your career, they are more interested in what you can offer the company. As a result, emphasise your accomplishments rather than your career goals.
- Inform Yourself:
Consider your current job position and industry. What complementary skills can you learn to broaden your workplace offering? Consider taking some certifications or courses that will add value to your resume. Such programmes can pave the way for increased knowledge and skills, which can lead to increased job security and flexibility.
The coming years will be difficult. Stay alert and prepared. You never know when you might need to flog your resume in a competitive job market.