Showing posts with label job loss. Show all posts
Showing posts with label job loss. Show all posts

Wednesday, October 10, 2007

Job Abandons You

Q: My company was just sold. My whole job description
changed and my workload nearly doubled with no increase in
compensation. Our friendly culture is now snarly and
gnarly. I used to love coming to work and now I dread
Mondays. Should I quit?

A: Maybe. I say, if your mental and physical
health have not been compromised, hang on.

But effective immediately:

(1) Figure out the minimum work you can do in order to keep
your job and avoid harming anyone. Use the time to begin
searching for a new position.

If you're a teacher or health care worker, you can't
neglect your students, patients and/or clients. But you may
be able to avoid the extra projects. It's very much a
judgment call.

(2)Avoid discussing your dismay with coworkers.

Keep your plans private. During a time of change,
loyalties shift. People you trusted will be acting out of
fear. When asked to comment on the changes, say something
neutral and positive.

(3) Begin networking and actively job searching.

Post your resume only if you can do so anonymously. Never
use your company's email or phone for a job search (or for
consultations with your career coach). If the company
furnishes you with a cell phone, get an extra just for
yourself. Get a yahoo or google email account.

(4) Keep calm.

It's easy to panic and many of your coworkers will. Come
up with a mantra that makes sense for you, like, "I am a
marketable executive with many options."

If you can't come up with options or you're feeling that
"deer in the headlights" freeze, schedule a call with a
consultant or coach. Choose your confidantes carefully:
friends and family may not help.

(5) Add extra sessions of exercise, relaxation and fun.

In my experience, your mind will work more creatively
after a workout at the gym, a movie, and/or dinner with friends
and family who keep the conversation off your career.

And as soon as you ride out this crisis -- whether things
get better at your job or you land a new one -- you know
what I'm going to suggest. Get your Marketability Plan
together and take the first steps immediately.

Sunday, March 18, 2007

"But they promised..."


For some reason, queries tend to follow patterns. And recently I heard from two people, in two different industries, at opposite ends of the US:

"Hi Cathy,

"Last year we decided to buy a house. We fell in love with a home that's a 30-minute commute from where I work. I went to my boss. I explained that we were buying a home. He assured me there was no reason to worry about my job.

"A few months later I got a horrendous performance review. Now I'm on track to be terminated. If I take another job, I'm facing a 2-hour commute or we will have to sell our dream house.

"What went wrong?"

Of course I can't read your boss's mind. But I have the following suggestions for anyone who considers buying a home:

(1) Make sure you have funds to cover at least 6-12 months of living expenses in case your job is unexpectedly terminated.

(2) I advise my clients not to discuss personal affairs with their bosses. The only exception might be maternity leave or legally-mandated family leave, and then you go through HR and dot all the i's.

You'll never know what feelings your announcement will create among your bosses and colleagues.

Maybe she's thinking, "They're buying a house in Gardenville? Hmm...I can't afford to live there. Must have a rich spouse."

Or maybe he just notices you more. Now he's thinking, "I notice Lilianne seems to miss meetings a lot." Or, "Manuel needs to improve his writing skills."

Or she thinks, "Why is Helene so concerned about her job? Maybe she's covering..."

Of course your boss might be genuinely happy for you. But most of us can't control our subconscious, not-so-nice feelings. We're not even aware of them.

(3) Want some assurance of job security? Talk to a lawyer first. Find out if your boss's email to you ("Nothing to worry about! Congrats on the new home!") has any legal standing. I am not a lawyer. I am not giving legal advice. But my experience says you can't take those assurances to the bank, let alone the courtroom.

If you're a lawyer reading this post, please add a comment.

Verbal assurance? Forget it. Unless your boss makes a big announcement on tape, or you've got credible witnesses unconnected with the company, it's your word against his.

A contract? Now you've got a new ball game...and the lawyers are the ones who pass the ball around.

Finally, apart from the job, think marketability. When you move to a location where you'll have trouble basing a new job search, you're losing marketability. Believe me, I've been there!

If your current employer is the only game in town -- and maybe in a 25-mile radius -- you're taking a risk. Nothing wrong with risks. But when you go out on a stormy sea in a leaky boat, you'll wear a life preserver. You won't wait till you get out on the ocean to decide if you need to pack one or not.

My readers are smart. You get the drift.

Check out my website for more.