Even if you’re currently employed and enjoy your position, you should think about updating your resume on a regular basis.
There are numerous reasons:
1. To use it as a reminder to yourself of what you’ve accomplished. If you let years go by without recording how you made your company money or saved it money, it’s unlikely that every significant accomplishment will be easy to pull from memory when you do need to look for a new position.
2. To remind management of your achievements during your annual reviews. By presenting your immediate supervisor with your updated resume that details all you’ve done for your division or office that year, you’ll be in a better position to get the raise you believe you deserve.
3. To employ it as a gauge for your career progression. If after several months you have absolutely nothing to add to your resume in terms of accomplishments or new projects/tasks, perhaps you’re stagnating at your job. That could mean trouble, especially if your company is downsizing. If you’re part of the deadwood, you may be one of the first to go.
4. To be prepared for the unthinkable: your company closing without notice because of an owner’s decision not to keep the place afloat or the company being bought by a competitor who will replace you and others with individuals from his firm.
In life and in this economy, anything can happen. It’s always best to be prepared with an effective resume to use in-house, for applying to new jobs or to assure yourself that you are doing the best you can at your current position.