Are You Getting Laid Off?

Now, you may have a job already or getting laid off in the future or maybe already out the door. Whatever your situation, these quick tips are BENEFICIAL no matter your job situation.

Quick Tips -
1. Try to have at least 3 to 6 months of monthly income put aside in your savings account. Depending on your unemployment benefits, you may not have enough to cover your monthly expenses.

2. Check to see how much in weekly benefits (income) you would get if you were jobless. Check out the link below - it gives you the breakout down of unemployment wages per state. The figures are as of 2009, but the average is $293 a week, could you live off of that?
http://articles.moneycentral.msn.com/SavingandDebt/LearnToBudget/how-much-jobless-pay-would-you-get.aspx.

Signs that a Laid Off is around the corner -
- Are you receiving company reorganization emails better know as headcount reduction?

- Your boss is avoiding you and your bi-weekly meetings have all of sudden be cancelled, hmmm. Exactly!

- You've been asked to bring your laptop to a morning or afternoon meeting but you are unaware of the agenda.

- Your company is going through a M&A (Merger & Acquisition) or you read in the paper it was recently sold but you had no idea.

- Your workload has decreased and you are training your colleague on tasks you previously managed.

- Everyone seems busy but you; even the the summer intern looks swamped!

- Did you see a job positing for your position but no told you were being replaced.