Jobs Search

If you are looking for a job today, or are afraid of the need to dust off your resume involuntarily in the near future, you must be aware of financial risks. These risks should be the driving force in your feeling, a sense of urgency to create a proactive strategy and execution of your job search.

The reality is that the lack of work is full of ups and downs. The treble is to show emotion in an interview, andPossibility that you will end your commute in a perfect position (great boss, more $ and a really short). Depreciation can be disconcerting and accept the pain - especially if you work for most if not all, of your career. It 'possible that your personal finances, could so badly during the transition, you need to help themselves out of trouble?

What would be the equivalent of a bailout of Wall Street are in your house? How bad it can get and it really possible?

Here isinstitution:

First is a popular and well-thought (insert title here) in your company. A must have for a year and have made good progress in support of your business unit grow and become more profitable. Although not wealthy, live comfortably and have some savings (say that two months' salary).

A surprising second spring morning in a press release announcing hits your desk, a partnership with one of your major competitors. Hmmm. Now, you say, that should beinteresting.

The third day, during an impromptu session, we learn that the company is acquired by a competitor (who was also bigger and stronger).

Despite a fourth threat, see it to believe that your role is crucial for the company and the chances of your being "released" at some point is unlikely.

Fifth is clear the first round of cuts, gently "high-fiving 'another on the list of separation.

A month after the sixth, cut # 2 arrives and you're gone the room where you share your head and Human Resources representative, the news of your separation. They are offered by two weeks for each year worked (worked here once). Fortunately for you, the company has a minimum compensation of eight weeks - started on Monday.

Seventh Monday AM You are sitting on the kitchen table in pajamas shaking his head. You turn on your computer and look for two things. The list of advertisers you worked with 12-15 months, and bookmarks is hoped that all of you who saved> Search Engines work. Set alerts on Monster and Yahoo! Job and write some search results for keyword. Call and news for the 3-4 recruiters, has drawn the last year.

8th PM Monday, after the children are asleep, you and your spouse have a positive and optimistic discussion about what comes next, how to work together "to make it through this."

So when will the bailout plan becomes necessary?

During the next eight weeksGet your resume updated re-write the cover letter of last year, still try to contact recruiters, more pecking away on your laptop, waiting for the magic to beat reporting jobs in your inbox. The truth is eight weeks, not long job search in the world - especially in poor economy. Although landed an interview one day, you can get up to eight weeks to fifty-two, through rounds of interviews.

During the next four weeks to get the concepts with a real budgetNow not only severance pay, but they are now paying the expenses for your business before health plan. Where does this money here? In whatever form, provided that you do not have Hank Paulson, like your father-in-law, it must borrow money or spend your nest egg.

During the next four weeks, four weeks, four weeks - If your research, despite the valiant efforts to remain above the value of your salary, your nest egg and your initialBorrowing and now? Got a 401k, right? A credit line of a few thousand left on them? This is the kind of security we all want to avoid.

If you are a professional, what are the lessons of this scenario?

Before Never assume that you and your company will never part and always ready in case things change. In this climate of legal certainty "at will" attitude, you should be prepared and not fake.

According To stay updated on all your personal documentsAt least twice a year. This includes your resume, cover letter, list of references, biography, a summary page, personal business cards.

Third Stay in touch with your references and make sure you are aware of things that are cool to work. Makes it easier for them to support your journey.

Fourth Recruiters receive calls and offer to help only the best sound and relevant articles candidates.

Fifth Maintain your network even if you do not have to doSun

If the sixth (now harder) for the issue and take a home equity line on your house. Get as much as possible and not spend everything. This is harder to do if you are unemployed.

Seventh if you think something is wrong - you hear thunder - you go to find quiet. This includes a more aggressive commitment to your personal network and local networks to identify upcoming events, discussions with a few trusted recruiters, updateOnline network profiles. Google itself and determine how strong your brand is online.

8th Build your search strategy work now and not wait for an announcement.

OK, this is the "Scared Straight" perspective. Please, please, please, do not assume that it takes three months to find work. It may have happened and I hope that during this period. It may be six months or more.

Be proactive and have a sense of urgency for your research effort and give yourNetwork all the tools they need to help. While you can not avoid altogether, the rescue operation, you can take the financial pressure to plan for them and have a strategy for success.

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