With the economy still in the tank, you can expect lots more businesses to fail. Having worked at ad agencies large and small -- and keep in mind that agencies are the first businesses to reflect the health of the economy and, consequently, to go out of business -- I've seen the signs that the shop is about to be shuttered. So here are some tips on evaluating the health of your employer.
Stage 1: Perks you've taken for granted, like bottled water, suddenly disappear. Better dust off your resume; something's gone seriously wrong.
Stage 2: Your receptionist is suddenly let go. When management decides that visitors, clients and vendors no longer need to be greeted by a friendly face, you'd better update that resume.
Stage 3: They no longer provide free coffee. Start sending out those resumes and network with all your LinkedIn connections, because they've stopped caring about your creature comforts and productivity.
Stage 4: Key management personnel suddenly start jumping ship. The writing's on the wall. Take the office gossip to lunch to find out what he/she knows. But nowhere too fancy -- you've got to start being frugal.
Stage 5: Instead of your usual holiday bonus, you're handed a crisp $100 bill. You're fucked. If you don't get out now, you'll find yourself right in the middle of:
Stage 6: Your office furniture is being repossessed. Nothing says "it's over" like a burly guy in overalls wheeling away your desk.
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