Worried About Losing Your Job? Take These Steps Now
The U.S. unemployment rate is gradually improving, but many workers understand that their jobs may not be safe. Instead of just hoping they hang on as the fallout from the pandemic worsens, it’s important to take steps now to secure another job or prepare financially for a job loss.
One of my clients, an airline executive, took a promotion several months ago that allowed her spouse to stop working and stay home with their children. The promotion had all of the usual perks — a bigger paycheck, more incentive compensation and a nice corner office — until the COVID-19 pandemic turned her career and life upside down.
Quickly realizing the airline industry would
