100th Anniversary

Posted on: March 4th, 2014 by
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No, I’m not 100 years old.

However, this is the 100th article available to my readership of over 50,000 on my website.  As best I can determine, there are three types of readers:

  1. Individuals in crisis mode, who need help caused by a layoff, termination or untenable situation from which they must leave their job immediately
  2. Those in a situation where they cannot advance, have an unhelpful boss, must change their function or industry, or are very unhappy and unfulfilled
  3. Talented professionals who save my articles for a future move to a more responsible position at a higher level, but not right now 

JOB MARKET FORCES

In 1983, the average tenure in a job was 3.5 years.  In 2002 it was 3.7 years, and in 2012 the average tenure was 4.6 years.  Do you see the pattern?  It’s called a “churn” rate:  When the economy is terrific the churn rate is higher.  It’s lower when the economy is glum.

Since the economy has been in a slump, older workers stay on the job longer, delaying their retirement.  This fact reduces the available job openings, with no jobs being added and no expansion of opportunities.  The questions are:  When will the marketplace take off, and when should I start making my career plans?

One last market force:  More workers want to change jobs.   21% of full-time employees want a new opportunity in 2014, the largest percentage since 2008.  One reason:  The pressure to move ahead with careers is building.  And even more troubling:  Even though 54% of employees say they like the people they work with, ONLY 29% FEEL VALUED IN THEIR JOBS.  That’s a management problem that has yet to be addressed.

WHAT DOES THIS MEAN FOR YOU?  Like the Boy Scout motto:  BE PREPARED!

  1. Determine what skills and experiences you have, that companies need and want, and that you are clearly a leader in your field.  What can you do better than anyone else?
  2. Write a compelling resume that emphasizes your measureable successes
  3. Develop a rational Career Map, with target functions, levels and dates
  4. Quietly “test” the market, both internally and externally
  5. Develop a “pitch” for when a potential hiring manager calls.  Don’t be caught flat-footed
  6. Keep your resume current and handy for when the phone call comes in
  7. Connect with past contacts and ask them what they see happening in their industry
  8. Assess your opportunities and take action.  Missing the surge means a lost step.

Now is the time to prepare for the market uptick.  Once accelerated, the marketplace will not wait for everyone, but will leave many behind.

Contact Bill Kaufmann as a coach.  Send questions or your resume for a free evaluation to:  mygreenerfuture1@cox.net    Check Bill’s e-book:  http://www.createspace.com/3884487

 

FREE Resume Evaluation!

 


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