Job Security Working
Is there any?
Yes and no.
But, read on . . .
To a large
extent it depends on the skills of your occupation, the employer you select and the
country in which you decide to work.
expatriate world is not really any different from
working in your home country - there are excellent
employers and there are shady characters you hope you
never work for. So . . . just like back home - take
your time and select your employer carefully.
It is up to
you to create your "Security"
many people who will tell you that you should always
consider yourself a "private contractor". That you
should always think of yourself as working for
yourself. Don't count on any one employer looking out
for you or assuring your future. If you do, you will
surely be as disappointed as the people who worked for
Enron or Worldcom and a whole list of others.
point: A good friend who worked for a university in
Korea for over ten years, only to find that they had
decided to implement a policy which would limit
foreigners to THREE years. At first, he was told that
they would "grandfather" him into his position - but the
reality was that he had to leave. He had put down roots
in the town where the school is - had made himself very
comfortable in a good job - did his best every year for
the students and school. Yet, after twelve years he found himself out
contracts are the norm when working overseas and that
should tell you something. Namely, that you should be
prepared to hunt down a new job every year (but you
won't really have to). Some jobs, in some countries
offer longer contracts. Such jobs are not rare but they
are not usually typical either. Though contracts tend
to be year-to-year, many people work for many years with
the same employer. If you do a decent job, you will
usually be renewed.
It's not all
thing about all this is that, as noted in the subheading
at the top of the page, you will have to learn to create
your own security and most of us out here in the expat
world find a deep
sense of satisfaction in building our own secure
financial world independent of our employer(s). You
won't find yourself in the same boat as the people who
worked for Enron or Worldcom, or those who relied on
defined-benefit retirement plans from some of the
largest corporations in the world.
What to do -
Where to find out more
the pages of this website that discuss building a sound
financial future while working overseas. Find out about
medical plans independent of the minimal plans
frequently offered by employers. Learn to take care of
yourself - it's not a bad idea - it's a GREAT idea.
will look after your best interests better than you?
Not counting your mom and dad . . .