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Recession + career move = suicide?

 
forum comment
#0 Recession + career move = suicide?
 
Itchy feet
05.09.8 00:00
 
Hi there,I've been getting increasingly bored with my current job. That would be fine if long-term prospects in this team/role were good, but my feeling is that they're not. So I've started my search, and there do still seem to be a good few opportunities out there. However I'd be keen for your views on the wisdom of jumping ship in the current economic climate.Thanks, IF
 
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#0 RE: Recession + career move = suicide?
 
Grass is Greener
05.09.8 00:00
 
Clearly moving in a recession is higher risk (in that your new employer is more likely to feel the pinch and see all new hires - especially those less than 1 year - as an easy target to cut costs).If you are any good (ie have valuable delivery skills, a rainmaker and with real potential to help take the business forward) then this shouldnt be a constraint. Do your due diligence - it'll be your fault if you find yourself joining a firm with a soft pipeline, cost cutting, large scale redundancy etc. (and there will be several firms in this place within the next 18 months).On the upside, good Consulting firms look to new blood with atypical skills to help them through the tough times. Be warned however. Unlike before when you could demand a role that is a stretch or more money than you probably deserve, if you actually get these things and then dont deliver you will be quickly out of a job altogether. No job during a recession is not a nice place to be . . .
 
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#0 RE: Recession + career move = suicide?
 
Bo
05.09.8 00:00
 
That looks like good advice, especially if you are gradually getting bored of your current role and can take the time to find something stable and a close fit.Grass is Greener - how does an outsider accurately discover whether a prospective co has a "soft pipeline"? When I joined my current co, I was told there was a $1billion pipeline. I asked a few questions but it fell apart pretty quickly and I've no idea how I could have bottomed this out in advance.
 
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#0 RE: RE: Recession + career move = suicide?
 
Anon
06.09.8 00:00
 
No ones job is safe at any given time. If you want to move, then just leave. If you are made redundant, you will get a massive payout anyway.http://www.stevepavlina.com/blog/2006/07/10-reasons-you-should-never-get-a-job/
 
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#0 RE: RE: RE: Recession + career move = suicide?
 
foo4
06.09.8 00:00
 
I disasgree - my job right now is very safe. I do a great job, and they really need my skills.So I'm feeling pretty chilled.
 
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#0 RE: RE: Recession + career move = suicide?
 
anons
10.09.8 00:00
 
Being out of work can definitely be tough esp during recession, as you are having to justify much more why you are out of work. Companies want to make sure it is out of choice and you are doing something constructive.With regards to changing careers in a recession, i'm moving from IB to MC, am currently not working and have received several job offers in the past few weeks. But it has not been easy. A lot more work has gone in to my job hunting and the assessment process. I agree with Grass - if I don't deliver I will feel the swift axe of my future employer. So I would say now is always the best time to make your future happen, but you will need to be prepared to go the extra mile and have a bit of risk tolerance. Good luck!
 
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#0 RE: Recession + career move = suicide?
 
Mars A Day
10.09.8 00:00
 
My team and I are busier than ever (and no I don't hunt restruturing vultures); we are in a slump but frankly I don't think it will reach even near the depth we have seen before - there is a lot of residual confidence out there. When looking to make a move, whether in or out of a job, you should always approach it with vigour. If you have jumped (or been pushed) make it your full time job. Most people that we are talking to are winning multiple offers. You need to be able to show you can create value - get this right and you will buck the trends and could find yourself in a killer role just as everyone is starting to sit tight!
 
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