Be Afraid, Be Very Afraid
Fear. Fear is driving the economy right now. And when fear drives the economy it also drives the employment market. So, companies are afraid of what the future may hold. They cut costs, reduce staff and prepare for the worst. Workers respond by being in fear of losing their jobs. If that is already happened, they fear that they will not find a new one.
How do you step out of fear and take a rational approach to managing your career in these anxious times? Here are some practical steps to take to sound career management:
- Ask yourself, what’s the worst that can happen? Well, you may never find another job and be chronically unemployed. Really? How likely is that? Isn’t it much more likely that you may have a longer time in a job search or that you may take a cut in pay, until the next time that the market booms and you get a big increase in salary? Is it not more realistic that you will be able to use your skills, experience and determination to work through a period of difficulty and emerge in good shape? That seems more realistic than facing a career disaster.
- Strengthen your core competencies. Whether you are working or looking for a new position, strengthen your skills and knowledge. Turn downtime away from another four hours of online poker to online research on your field. Read, research and grow. Stay current in your field and build your base of knowledge.
- Expand your skills. Volunteer for projects that will allow you to learn new skills and work in different environments. Not-for-profits, schools, hospitals, associations all need free or almost free help. Use their needs to help you build new marketable skills.
- Build a portfolio job. Can’t find a full-time “real” job? Find project work. Some companies may not be able to hire full time right now but they may be able to hire for 10 hours here or two weeks there. Cobble together a series of projects to generate income, keep your skills current and build new experiences that will help you market yourself when the economy rebounds.
- Take care of the body. Exercise. Eat right. Stop smoking. Don’t over serve yourself. If you don’t like the physical you, do something about it now. The physical focus will provide strength and energy to endure the uncertainties and frustrations of unemployment and a job search. Taking care of your body will help you convey the image and energy you need to succeed in a competitive environment.
I don’t make light of the difficulties in the employment market right now. It is tough. But just like the stock market there are bear and bull markets in employment. Take the steps above and you will be prepared to succeed in a tough market and strengthen your value when the market goes bullish.
Tell me what you think about fear in the employment market or tips you have to manage a career in uncertain times.
Kevin Pallardy
Career Coach
BPI US Partners
Posted by cosborn
Posted by cosborn