At times of economic uncertainty and pressure, job security becomes even more important to people. One common fear is that the newest employee will be the first to be fired. However, this is certainly not always the case. In fact, being the last one to join a company doesn’t mean you’ll be the first fired. Here are some reasons why:
1. Specific skills
It’s not always about seniority. Employers hire people for specific skill sets that they need to fill a position. If you have skills that are crucial to the company’s operations and profit, then your job is likely to be safe, even if you’re the last one hired.
2. Team compatibility
Employers also consider how well you fit into the team and company culture. If you bring a positive attitude and work well with your colleagues, then you’re more likely to be viewed as a valuable team member. This means that even if you’re the “new guy/girl,” you may be kept on because you contribute to the team’s success.
3. Cost of employing you
If you’re a recently hired employee in a junior position then you’re more affordable to employ than senior staff. Companies will work out what is financially viable when deciding where to make cuts. So workers who are on higher wages must show their worth to a higher degree than junior staff.
4. Network and connection
The connections you have can also play a significant role in job security. Who you know can sometimes be just as important as what you know. If you’ve already established strong connections within your company or industry, then you may have an advantage over other employees, regardless of your tenure.
5. Cost of replacement
It’s expensive for companies to recruit, hire, and train new employees. It makes financial sense to keep experienced employees who are already familiar with the company’s culture, processes, and customers. So, even if you’re the newest hire, you might be kept on because it’s cheaper and less risky for the company.
While it’s natural to worry about job security, being the last one to join a company doesn’t always mean you’ll be the first fired. Employers look at a range of factors when making staffing decisions, and it’s important to focus on building a strong relationship with your employer and your colleagues. By emphasising your skills, teamwork, connections, and cost-effectiveness, you can increase your chances of keeping your job, regardless of when you started.