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'»
What does it take to move up the corporate ladder?
First, you have to find it. In most companies, promotions are earned, not given. Many people, especially those young in their career, believe time in service is the rational for promotion. Not true. It is value add. Those who might promote you want to see candidates can take on more responsibility or add value in some other way. Otherwise, there is no reason to promote. Continue reading 'Why can’t I get promoted?'»
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'»