Will it be impossible to change jobs this year?
Summary: Career Builder said last week that nearly one-in-five workers plan to change jobs in 2009, a percentage unchanged from the year. The lack of variation surprised me.
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I pitched the question to a few recruiters and -- not surprisingly, seeing as it is their line of work -- most of them felt that it is possible to land new jobs during a recession, but that it's on job-seekers to adapt their approach.
Don't assume there are no good jobs out there
Even though fewer people are being hired, recruiters were quick to note that they are being hired for jobs that count.
"Obviously, a lot of people go by the theory that you should keep your job while you can and do everything in your power to not get laid off," said Greg Gary, managing director of Technisource, Spherion's technology division. "But the reality is that because we're in a recession, if a company is offering a job, it's not a 'want' job, it's a 'need' job. And if they need that job filled, you have a lot of power when you're negotiating."
Don't quit your day job
Not quitting one job before you land the next one is age-old advice. But it would be all the more shortsighted to do so when job opportunities are so sparse.
"With any job search it is always best to seek a new position while you still have your current one. I would advise against leaving a position until another opportunity is solidly within one's grasp," said Casey Manning, a San Francisco-based IT recruiter.
Do your research
Just because a company is still hiring, doesn't mean that they're being realistic about where their business is going to be in the next year. Corky Gardiner, a recruiter in the Washington area urges job seekers to look into the stability of the company you are looking into, the stability of the job within the company and the stability of the market that the company is in.
"It really comes down more than ever to doing the research, being prepared, and knowing what to expect before you drop your resume into the marketplace," said Gardiner.
Be more flexible
When companies get too scared to hire full-time employees, they often turn to contractors to get jobs done.
"Just because companies are slashing payrolls does not mean they don't need work to get done. Especially in the IT industry, there are numerous companies who need qualified professionals to maintain the functionality of their businesses during harsh economic conditions," Manning said.
It may not be the exact kind of role you were hoping for, but recruiters say it can be your best foot in the door when the hiring situation improves.
"The contractors used during this particular contraction are better poised to be the first candidates the employer reaches out to when hiring is again placed at the forefront of a companies expansion and growth plans."
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Talkback
The last point is the jackpot
On the other hand, work needs to be finished. So this will be the golden time of outsourcing and consulting in IT. Spread the word around, you can work part time on such activities and you'll get more income and the company will get the work done - all while no commitment is being made by either side
Spirovski Bozidar
http://www.shortinfosec.net
Too bad for the companies
For most people, with the sky-high rates of health care and other things, it is full time or nothing.
body shopped... for a price
have to factor in all of the costs of benefits, life-time
earnings including down-times, etc.
You might have been willing to work FTP for a good
software product firm for say $50K to $90K per year
(depending on location), which prorates out to $25 to $45
per hour plus another $20 to $35 per hour for health care
insurance, paid vacation, retraining, life-time education,
pension/IRA/etc., workers' comp, unemployment
insurance, etc., day after day, week after week, decade
after decade, quarter-century after quarter-century.
For an equivalent when body shopped you'd have to factor
in gaps in employment, lack of company investment in
education/training and one's own likely mal-investment in
education/training (e.g. becoming very expert in
something that's not the next tool-set favored by the B-
school bozos)...
I could see being body shopped for say $300 to $2000 per
hour, maybe a little more or a little less, depending on the
specific situation and how interesting and worthwhile the
product is likely to be. And don't forget to continually
adjust for inflation WRT your own life-time market basket.
Do not be 'flexible'
I've seen that MANY, MANY times in my life, where people think that "If I take this job at this low wage, I'll have a better chance of getting another, higher paying job later!"
It's actually the EXACT opposite. If you take a job at an extremely low wage.... your next job is more likely to try to pay you only a VERY little bit more than that past job, which will undervalue yourself once again.
Then, if you don't take that job.... they will spread the word that you are 'unreasonable' and you won't get any job offers.
Ask for a raise!
I have done this twice and I increased my salary at the next place by nearly 20%.
It's a win-win situation; your boss feels good because s/he can help you get more money at your next job and they won't really have to pay you that salary raise for long, plus you get to walk in to your next job with an increase in pay.
This actually works and it keeps you from the downward slide that Lerianis is talking about. Trust me, I've been in technology jobs for 16 years and I've been involved in 8 company-wide lay-offs. I know how the game works.
Re : Ask for a raise!
Never fired
They were company-wide lay-offs. Three companies went under, five companies laid off their entire divisions.
I've never been personally fired.
The point is, anyone, at anytime, can be laid off. I just hope people realize it's not the end of the world
RE: Will it be impossible to change jobs this year?
Saipeople
www.saipeople.com
RE: Will it be impossible to change jobs this year?
RE: Will it be impossible to change jobs this year?
churn
executives switch from employing to body shopping.
But, with the increased churn, and the advent of the net,
there are a lot more people sending resumes to every
potential employer... and the executives have been raising
the barriers to fend them off*, turning away or simply
over-looking a lot of great people in the process.
(*Doing things like not including e-mail addresses in job
ads, sending resumes through a defective parser which
feeds tiny bits of information into a data-base, layering on
the telephone pre-screenings, trivial pursuit tests. One
wonders what it will take for executives and HR clones to
begin giving serious thoughtful consideration to job
applicants, again.)
At the same time, they've cut back on the numbers of
people they fly in for actual interviews, relocate and send
to education or training. This ties back in to the body
shopping.
Now that Tata has a beach-head in town for the last year
(subsidized to the tune of $13M by Ohio and Greater Cinci
tax-victims), the Cinci job market is probably especially
moribund.