Jan 01 2012

What would happen to you if you were to lose your job? Do you have a backup plan? Studies show that a graduate just joining the workforce now will work for seven or eight companies during their career. There will be some gaps in employment and not all the gaps will covered with a severance package.

I recommend that you create your own severance plan. First, you need to know how much you will need to survive per month. Then you will need to understand how long it will take to find another equivalent job. Most studies agree that for every ten thousand dollars you currently earn equals the number of months it will take to find your equivalent job. Of course this is just a rule of thumb, some will take longer and some less.

Now you have an idea how much money you will need survive while looking for your next job. So while you are saving for your retirement, you should also create a ready cash reserve. This cash can be invested but must be able to be liquidated quickly. Work with your financial planner to create a plan.

Having a safety net at your disposal will free you of being tied to your company. You will be able to leave your job at any time for any reason and also be prepared for any unexpected gaps in employment. This will create a feeling of independence that will allow you to focus on “doing” your job without worrying about “keeping” your job.

Jan 01 2012

As you may have read from the coach before, social and business networks are a great way to meet and network with direct and indirect contacts. These can be very useful when looking for a job, obtaining general information or finding the right personnel for your business. However these same networks can be very dangerous to your career.

Linkedin is one of the best business networking tools available to you. You need to ensure your profile is kept current. Many recruiters as surfing Linkedin while searching for their next hire. If you do not keep your profile and skills updated with your latest information, you could be looked-over. Worse yet, you could be a final candidate for a position and during the final background checks your resume does not match your Linkedin profile setting off red flags to the hiring manager.

The social networks such as Facebook and MySpace are the most dangerous. You must be careful of the content that is posted by you and about you. Showing too much of your personal and private life could be detrimental to your career. Imagine a recruiter doing a final background check sees pictures of you from a bachelor party? A night out with the boys? Other compromising situations? A recruiter could have second thoughts. Just as bad as pictures, are your words. Controversial postings and foul language would also set off red flags to a recruiter or your current employer.

Always be careful about what gets posted about you on the internet by googling yourself regularly to see what is out there. Be sure to check all social sites to ensure your profiles are current. Always make sure you use the proper security settings to ensure only the people you want to see your information is allowed. In the event you find something you would not like anyone to see, you have the right to ask them to remove the information.

Dec 31 2011

It's not until you see what a great job and your son and daughter are doing with their children, then you get this warm feeling that you've done a good job in life. Life is crazy and priorities change year after year , decade to decade, we often measure our life success on many things, financial capability and career growth is how a large part of we measure success. I offer to resurface one "new" measure, its "what you leave behind". When you're able to sit back in a chair and watch your children raise and play with your grandchildren, then you'll finally recognize that the those little success factors simply merge into one. Unfortunately we all have to see this for ourselves to understand and believe it, but If I am judged by what I left behind, I feel I have been very successful. Just ask the elderly gentleman that has been retired for 24 years how he will measure success? I don't think it will be the position he held when he left the job market. I am blessed, thank you very much to my loved ones that continue to make me feel successful. Food for thought, then we have to get back to business....

Dec 08 2011

How many times have you sat in a meeting and your boss asks someone on the team to take on new projects or new responsibilities? Imagine that you know your job well, and 2 months ago you've taken on a new job or pet project, and now your boss is looking for volunteers for an new project. How do you handle this situation? How can you remain a team player while still balancing a doable workload? How can you impress your boss and set the expectation that you have unlimited capacity.

I've not only had that situation handed down to me, but I've been on the other end where I was looking for somebody to take on added work even though I knew they were all at their maximum capacity. This is a tricky situation, because in these days there are not many employees with available time, but there's always a continuous stream of work that has to be done. What I want to convey to you today is a couple of things.

First, your manager is not expecting you to work even more hours to accomplish this task. What are managers really looking for is someone that is interested in that activity, wants this type of new project and overall who is the best person to take on this task. Again your boss is not looking to dump yet another job on you, he's really looking for the person that's best suited for the project.

Read more: Managing added responsibilities and overwhelming workloads.
Jul 03 2011

Loyalty?

When you're looking for a job, where should your loyalty be? A friend of mine called me the other day to get the coaches opinion on a specific predicament. My friend is in an industry that is large, but upward mobility is scarce. He has an opportunity to move back to his hometown in his dream job. He's taking great care of his career, and currently is in great standing with his current employer.

In the last few weeks he was called to interview for that dream position, but then ran into a specific conflict of interest between his current and hopefully future employers. Read more: Loyalty

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