How long before the ‘win’ euphoria is replaced with stark reality? Nothing has changed.
Nick Corcodilos, a headhunter and job search maven I respect, tells readers using a new job offer to generate a counter offer puts the employer between a rock and a hard place. He goes on to list several reasons counter offers may result in career setbacks and starts from the beginning. The employer knows this is not a good time to lose you. Maybe in a month or two when they can prepare for the loss. Read the article for his guidance.
For years, I advised clients to refrain from accepting, even considering, a counter offer. These ransom demands may result in more money, but since that is rarely the reason you wanted to leave, it is not the solution. It is rather like offering a starving man a glass of water. The point Nick makes, which I have never considered, is that when they offer you more money, the funds typically come from the same budget where raises live. When it is time for a raise, often employees who accept counter offers come up with nothing. Net/net? No gain in compensation. Continue reading 'Five reasons why accepting a counter offer can kill your career'»
If you want to hire and keep the most talented 20 somethings, know who they are.
You can have the most remarkable product and the most clearly defined target market, but if you don’t have employees truly engaged in your corporate mission, you have a path to mediocrity and probably, failure. I have seen my clients struggle with HR issues when product and customer acquisition should be their top priorities.
A recent client had grand strategies for building a business that just couldn’t miss. Instead of working with alliance partners and product groups, he spent most of his time trying to resolve issues with his 20 something or Millennial Generation, team. He didn’t understand why management techniques that always worked before created more problems. He was baffled when employees had no regard for commonly accepted protocol (One individual contributor felt it was his right to update the Board of his demands, others openly criticized management and rejected the review process). Since then, I discovered the manager was at the front line of a battle he could not win with traditional means, a battle being fought by many hiring authorities and managers. Continue reading 'Are 20 somethings forcing a workplace revolution?'»
Create your own job security. How executives get control over their careers.
The Wall Street Journal reports, “40% of all executives leave their jobs within 18 months.” And every one who does potentially causes serious long-term career damage. Continue reading 'Job security your way'»
Building job security is simple but it sure isn’t easy.
“Are you adding real value or merely passing information along? How do you add value? By continually looking for ways to make things better. …Every hour of your day should be spent increasing the output or value of the output of the people for whom you are responsible.” Andy Grove on job security.
Why do some people appear to be bullet-proof when lay offs and bad economic times force many very talented executives onto the unemployment lines? Your value to the company is based on many attributes, but the bottom line IS the bottom line. As the CEO of your career, how you contribute and how you invest in the contributions of your team are critical factors for career stability. Continue reading 'Job security made simple'»
Jobs are like busses, if you get on the right one, you arrive at your destination
Abstract: Career planning for job security – Visibility, choosing the right employer, your brand and importance of a Mentor.
Are you in the career you planned when you were in college? Have you had more than one career? Do you know where you want to be in three, five or seven years? Do you know how to decide? Do you know how to make it happen? Continue reading 'Job security through career planning'»