The Toya Talks Podcast
The education system teaches us to learn and recall information and at the end of it we are tested and expected to then pass exams. After all said and done the reality is, we are supposed to get a job at the end of it. I was unaware of the difficulties I would encounter at work especially as a Black Woman. How do I navigate work and how do I keep a job? Education institutions do not prepare you for work, racism, bullying, and oppressive managers in the workplace. Where the education system has not prepared you, I will. Toya Talks is a platform birthed on my day to day uploads on Snapchat. I discuss the realities of work from the perspective of a Black Woman and how I have successfully navigated work using my experiences. Toya Talks Podcast covers the world of work and not just the corporate world. Black Women for too long have been overlooked and underrepresented in the workplace. Toya Talks is a safe place and a platform to share, grow and learn, more importantly, educate ourselves and everyone else so we can navigate and grow in the world of work more smoothly. This Podcast contains my opinions and feelings based on my lived experiences, my opinions and my Black experience. My views and experiences are in no way intended to cause offence. Lets put the sensitivity to one side, prepare to laugh, learn & grow!!!!
The Toya Talks Podcast
Credit Suisse
Following on from the previous episode ' I like Money' I needed to do this episode. We are in a cost of living crisis which I believe is a fancy way of saying 'recession'. Others would define it as...
'a situation where the cost of basic necessities and everyday expenses rises significantly, outpacing the income and financial resources of individuals or households. It means that the cost of essential goods and services, such as housing, food, healthcare, education, transportation, and utilities, is increasing at a faster rate than people's wages or income growth. This imbalance can result in financial hardship and economic instability for individuals and families, as they struggle to afford the basic necessities of life. A cost of living crisis can have wide-ranging impacts on society, including increased poverty rates, decreased standards of living, and heightened inequality. It often necessitates discussions and actions aimed at addressing the root causes of rising costs and finding ways to improve affordability and financial well-being for individuals and communities.'
In a cost of living crisis even more so you have to understand and know how to pivot including pivoting from contracting to perm as a temporary measure as a response if needed.
The above also leads me to discuss the collapse of Credit Suisse. In this episode, we delve into the recent collapse of Credit Suisse, one of the world's leading financial institutions, and explore the valuable lessons to be learned from the perspective of an employee. We examine the implications of such a collapse on job security and the significance of understanding company benefits in times of organisational turmoil.
We begin by providing an overview of the events leading up to the collapse of Credit Suisse, including the factors contributing to its downfall. From risky investments and mismanagement to regulatory issues and reputational damage.
Next, we shift our focus to the employee's viewpoint and discuss the implications of an organisational collapse on job security. We explore the challenges faced by employees when a company faces financial ruin, such as potential layoffs, salary cuts, and loss of benefits. We emphasize the importance of staying informed about one's employment contract, severance packages, and any legal protections available.
Furthermore, we analyse the concept of company benefits and their true meaning during times of crisis. We explain how employees can ensure a comprehensive understanding of their benefits, such as retirement plans, health insurance, stock options, and bonuses, and how to evaluate their value when an organization collapses. Additionally, we provide insights on diversifying investments and safeguarding personal finances to mitigate the impact of such unforeseen events.
Lastly, we explore how individuals can prepare themselves professionally and financially for such occurrences. We discuss the significance of maintaining a diverse skill set, staying updated with industry trends.
- Signs a company are in trouble
- How can employees protect themselves from job losses
- Future Career Planning
- Company benefits and what they actually mean and even more so when a company is bought or collapses.
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Music (Intro and Outro) Written and created by Nomadic Star