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Dealing with Downsizing: How to Prepare

Dealing with Downsizing: How to Prepare

    It’s awful to hang around an office where everyone knows that job cuts are coming. There’s a sense that everyone’s just waiting for the shoe to drop. No one in the office wants to lose their job and go through the horrors of the job hunt. At the same time, though, no one wants to be the guy left at the end — the guy now doing the work of the ten other people that used to make up his team.

    There’s a benefit to seeing the writing on the wall, though. You know downsizing is coming, and that will let you plan your next move. If you can opt out of the fear that seems to engulf offices on the edge, why wouldn’t you want to?

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    Decide What You Want

    Your first step has to be deciding what you want. Maybe you really enjoy your job — maybe you’re willing to do the work of as many people as necessary to keep your comfortable job. If that’s the case, it’s worth going to your supervisor and informing them of that fact. In my experience, just informing them is enough. Don’t ask for a way to prove it; don’t try to subtly suggest it. If you’re on the ‘Maybe’ list, though, you’ve probably just tipped yourself on to the ‘Keep’ list.

    But the opposite is equally likely. You could be just punching that time clock. Are you ready to move on? If so, don’t wait for the axe to fall. Start planning your escape: hunt for a new job or plan another first step. As soon as you’re ready to move on, approach your boss about negotiating your last few days. If job cuts have been announced, you can probably negotiate for the full severance package they were going to offer. If the plans to downsize are still very quiet, it’s harder to request a severance package but not impossible. Don’t run out the clock, though. You might be surprised to learn that you’re on the ‘Keep’ list when you already had your bags packed. Worse, you might prevent one of your peers who really wanted to stay from doing so.

    Prepare for the Job Hunt

    Even if you’re hoping to stay on, you need a Plan B. When in doubt, looking for a new job is a pretty solid alternative. I’d recommend it even to the folks who are fairly sure of their job security. Nothing, after all, is certain.

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    Everyone knows the standard routine of the job hunt, of course:

    1. Polish your resume until it gleams.
    2. Send out copies.
    3. Network.
    4. Interview with prospective employers.
    5. Land the job.

    There are a few extra steps worth considering, however. Rather than spending all your time perfecting your resume, why not put together a portfolio? A few excellent samples of your work can go much further in convincing a prospective employer than any college degree. And while portfolios used to be solely the domain of artists, they can provide a boost to a host of other careers as well. Are you a software developer? You can use applications you’ve worked on in your portfolio. Are you a house painter? Take a few pictures of houses you’ve worked on and submit them with your application.

    You can also step outside the box on networking. Rather than asking friends of friends if their companies are hiring, it might be worth it to meet people entirely outside your current network. Try going outside your circle of friends: go to Meetups, join clubs and get out of your normal routine. It will up your odds of finding a new position significantly. Think of it this way: other members of your network are sure to work for the same company that’s planning on laying you off. Your connections may have several people asking them about jobs. Best to step out of that situation, if you can.

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    Or Plan Something Else

    Another job in the same career path may not be your ideal next step. There are other jobs besides putting yourself on the job market: you can start your own business, go back to school or change careers. The transition may not be as easy as a job hunt can be, but it can be very gratifying. Knowing that you have a few more days of pay and perhaps even a severance package to help you make the change, though, can make it a little less scary. You have a buffer to write a business plan or submit grad school applications, so why not take advantage of it?

    Don’t forget that there’s no rule saying that you can’t be writing a business plan while you send out resumes, either. You have an opportunity to steer your career right now, and it’s always easier to do now rather than later.

    Either Way…

    No matter what you are planning for your next big step, there are a few smaller steps to take care of in the mean time that can make the whole process easier.

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    • Arrange for insurance coverage. COBRA may be your best bet if you’ll be changing jobs.
    • Look for some work to fill in the gaps, such as freelance work or temp jobs. Most of us just can’t suddenly be without an income.
    • Warn the significant people in your life that change is coming. Your parents, significant other, etc. are likely to worry if you announce that you no longer have a job. You don’t necessarily have an obligation to stop them from worrying, but telling them that you have a plan can do just that.

    Any other recommendations for handling downsizing? Please add them in the comments!

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    Last Updated on February 20, 2019

    How to Get Promoted When You Feel Stuck in Your Current Position

    How to Get Promoted When You Feel Stuck in Your Current Position

    Are you stuck in the same position for too long and don’t really know how to get promoted and advance your career?

    Feeling stuck could be caused by a variety of things:

    • Taking a job for the money
    • Staying with an employer that no longer aligns with your values
    • Realizing that you landed yourself in the wrong career
    • Not feeling valued or feeling underutilized
    • Staying in a role too long out of fear
    • Taking a position without a full understanding of the role

    There are many, many other reasons why you may be feeling this way but let’s focus instead on getting unstuck.

    As in – getting promoted.

    So how to get promoted?

    I’m of the opinion that the best way to get promoted is by showing how you add value to your organization.

    Did you make money, save money, improve a process, or some other amazing thing? How else might you demonstrated added value?

    Let’s dive right in how to get promoted when you feel stuck in your current position:

    1. Be a Mentor

    When I supervised students, I used to warm them – tongue in cheek, of course – about getting really good at their job.

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    “Be careful not to get too good at this, or you’ll never get to do anything else?”

    This was my way of pestering them to take on additional challenges or think outside the box, but there is definitely some reality in doing something so well that your manager doesn’t trust anyone else to do it.

    This can get you stuck.

    Jo Miller of Be Leaderly shares this insight on when your boss thinks you’re too valuable in your current job:[1]

    “Think back to a time when you really enjoyed your current role. I bet there was a time when this job was a stretch for you, and you stepped up to the challenge and performed like a rock star. You became known for doing your job so well that you built up some strong “personal brand” equity, and people know you as the go-to-person for this particular job. That’s what we call “a good problem to have”: you did a really good job of building a positive perception about your suitability for the role, but you may have done “too” good of a job!”

    With this in mind, how do you prove to your employer that you can add value by being promoted?

    In Miller’s insight, she talks about building your personal brand and becoming known for doing a particular job well. So how can you link that work with a position or project that will earn you a promotion?

    Consider leveraging your strengths and skills.

    Let’s say that project you do so well is hiring and training new entry level employees. You have to post the job listing, read and review resumes, schedule interviews, making hiring decisions, and create the training schedules. These tasks require skills such as employee relations, onboarding, human resources software, performance management, teamwork, collaboration, customer service, and project management. That’s a serious amount of skills!

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    Is there anyone else on your team who can perform these skills? Try delegating and training some of your staff or colleagues to learn your job. There are a number of reasons why this is a good idea:

    1. Cross-training helps in any situation in the event that there’s an extended illness and the main performer of a certain task is out for a while.
    2. In becoming a mentor to a supervisee or colleague, you empower then to increase their job skills.
    3. You are already beginning to demonstrate that added value to your employer by encouraging your team or peers to learn your job.

    Now that you’ve trained others to do that work for which you have been so valued, you can see about re-requesting that promotion. Be ready to explain how you have saved the company money, encouraged employees to increase their skills, or reinvented that project of yours.

    2. Work on Your Mindset

    Another reason you may feel stuck in a position is well explained by Ashley Stahl in her Forbes article. Shahl talks about mindset, and says:[2]

    “If you feel stuck at a job you used to love, it’s normally you–not the job–who needs to change. The position you got hired for is probably the exact same one you have now. But if you start to dread the work routine, you’re going to focus on the negatives.”

    In this situation, you should pursue a conversation with your supervisor and share your thoughts and feelings. You can probably get some advice on how to rediscover the aspects of that job you enjoyed, and negotiate either some additional duties or a chance to move up.

    Don’t express frustration. Express a desire for more.

    Share with your supervisor that you want to be challenged and you want to move up. You are seeking more responsibility in order to continue moving the company forward. Focus on how you can do that with the skills you have and will develop with some additional projects and coaching.

    3. Improve Your Soft Skills

    When was the last time you put focus and effort into upping your game with those soft skills? I’m talking about those seemingly intangible things that make you the experienced professional in your specific job skills:

    An article on Levo.com suggests that more than 60 percent of employers look at soft skills when making a hiring decision.[3]

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    You can bone up on these skills and increase your chances of promotion by taking courses or seminars.

    And you don’t necessarily need to request funding from your supervisor, either. There are dozens of online courses being presented by entrepreneurs and authors about these very subjects. Udemy and Creative Live both feature online courses at very reasonable prices. And some come with completion certificates for your portfolio!

    Another way to improve your soft skills is by connecting with an employee at your organization who has the position you are seeking.

    Express your desire to move up in the organization, and ask to shadow that person or see if you can sit in on some of her meetings. Offer to take that individual out for coffee and ask what her secret is! Take copious notes and then immerse yourself in the learning.

    The key here is not to copy your new mentor (think Jennifer Jason Leigh in “Single White Female.” Just kidding). Rather, you want to observe, learn and then adapt according to your strengths. And don’t forget to thank that person for their time.

    4. Develop Your Strategy

    Do you even know specifically WHY you want to be promoted anyway? Do you see a future at this company? Do you have a one year, five year, or ten year plan? How often do you consider your “why” and insure that it aligns with your “what?”

    Sit down and do an old-fashioned Pro and Con list. Two columns:

    Pro’s on one side, Con’s on the other.

    Write down every positive aspect of your current job and then every negative one. Which list is longer? Are there any themes present?

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    Look at your lists and choose the most exciting Pro’s and the most frustrating Con’s. Do those two Pro’s make the Con’s worth it? If you can’t answer that question with a “yes” then getting promoted at your current organization may not be what you really want.

    The two most important days in your life are the day you are born and the day you find out why. –Mark Twain

    Mel Carson writes about this on Goalcast that many other authors and speakers have written about finding your professional purpose.[4]

    Here are some questions to ask yourself:

    • Why is it that you do what you do?
    • What thrills you about your current job role or career?
    • What does a great day look like?
    • What does success look like beyond the paycheck?
    • What does real success feel like for you?
    • How do you want to feel about your impact on the world when you retire?

    These questions would be great to reflect on in a journal or with your supervisor in your next one-on-one meeting. Or, bring it up with one of your Vital Work Friends over coffee.

    See, what you might find is that being stuck is your choice. And you can set yourself on the path of moving up where you are, or moving on to something different.

    Because sometimes the real promotion is finding your life’s purpose. And like Mastercard says, that’s Priceless.

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    Featured photo credit: Razvan Chisu via unsplash.com

    Reference

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