Tag: job loss


3 Ways to Gain Control Over Your Career in a Recession

The past few weeks have been difficult for a lot of people. There are people who are sick from the coronavirus and missing their family members. Others have been working from home, or worse, been laid off. And we’re all facing a looming recession.

There was so much “white noise” on social media last week you may have missed my previous posts, including three different ways to help you gain some control over your career in these trying times. In case you missed it, here’s a compilation of those three things you may find useful now or in an upcoming recession.

How to gain control over your career amidst layoffs and a recession

Maybe you’ve been fortunate enough to continue working from home during this coronavirus quarantine. But perhaps you haven’t been so lucky.

Some folks have been told not to report to work. And since their job doesn’t lend well to remote work, they’re having to use precious vacation or sick days. Or worse, they’re being laid off.

If this is you, or could possibly be you in the near future, you probably feel like you have no control over your current career or job situation.

But, there are some things you can do to help you feel a little more in control, and can help you be better prepared in the event of a job loss.

1. Stay in control by updating your resume the right way

If it’s been a while since you last updated your resume, now is a good time to do so. It’s definitely more productive than spending your time watching Netflix while quarantined!

I’m sure there are several things you need to add to your resume since you last updated it. Which means you need to make room for those new things.

So how do you know what to get rid of to make way for the new info? I have several free videos, including one entitled:

What NOT to Share On Your Resume: 13 Things You Should Delete Immediately

You may not realize it, but there are probably some things on your resume that are hurting your chances of landing a job interview. They need to go! Find out what they are before you send your next résumé out by watching the video.

Once you’ve updated your resume, you have a chance of getting a free resume critique from paNASH. Details are available in the video.

2. Be prepared to become a freelancer during a recession

Even if you’re still able to work during the coronavirus quarantine, whether from your office or from home, let me ask you something:

Are you prepared to be a freelancer if forced to?

Think about it. If you lost your job tomorrow and couldn’t find another one right away, would you be able to pick up and start making some extra money?

Do you already have some other streams of revenue in place, like freelance work or a side hustle?

I’ve previously written about the importance of having multiple streams of income. You can’t rely on only one stream because it could evaporate tomorrow.

I’m not saying this to cause you to panic. Instead I say it to help you feel more productive and a little more in control of your current situation.

How to create multiple streams of income

Here’s what you have some control over. Sit down and make a list of skills you have that others would pay you to perform because they lack those skills. Also add to your list anything you own that others might want to rent on a short-term basis.

Decide which items on your list will take the least amount of time to start earning the most money.

Then, get the word out. Use your current social media profiles to do this. And join platforms you’re not already using. Start with the ones that make the most sense for your product or service.

You may be surprised what kind of response you get.

Forced to be a freelancer

Recently, my hairstylist’s husband was in between digital marketing jobs. Although he received several interviews and offers, the offers weren’t financially feasible based on his experience and the potentially long commutes.

While holding out for something more financially feasible, he took some home improvement jobs as a side hustle since he’s good at this sort of thing.

When one side hustle opportunity was completed, another one came along. Then it got to the point where he had so many side jobs to choose from it made more financial sense to make this his full-time gig!

He’s now making more money doing home improvement than he would’ve if he’d stayed in digital marketing.

Need help becoming a freelancer?

If you need help with the steps of starting a side hustle or work opportunity for yourself, let me know. I’ve successfully transitioned to working for myself and have helped several clients do the same.

3. Getting laid off? The #1 thing to ask for when you leave

Getting laid off is difficult and scary. It’s happening to so many people right now due to a recession caused by the coronavirus. It can make you feel like your career and your life is out of control.

On some occasions you can convince your boss or company that you’re worth keeping around. Such as when you’re able to show your past contributions to the company and the savings of letting you work remotely, using hard data. Hard data gets people’s attention.

But if your data doesn’t outweigh the data that supports letting you go, there’s still something you can negotiate.

Outplacement counseling

You can always ask your company to provide or include outplacement counseling in your severance package.

Outplacement counseling is simply another term for career coaching or job search assistance. It’s set up to help you find your next job more quickly, and to make a smoother transition to it.

Many companies already offer it in their severance packages. I know this because I’m often one of the people they pay to provide such a service for their employees.

Take advantage of outplacement

If your company already offers outplacement counseling, take advantage of it! I’m always surprised at how some people just toss this benefit aside. Their company has already paid for the service, yet some employees think they don’t need it.

Even if you don’t think you need outplacement counseling, use it! If you already have another job lined up, use it to help you prepare for your first year in your new job.

Career coaching isn’t just for helping you find a job. It’s also for helping you succeed in your next job and building your career. And everything discussed in your coaching sessions remains confidential. It will never be shared with your past employer.

Ask for outplacement

If you’re getting laid off due to the coronavirus, and your company doesn’t offer outplacement counseling, ask for it! What do you have to lose at this point?

If your company needs convincing, help them understand how it not only benefits you, but also their business. It protects the company’s brand and reputation. It mitigates the risk of litigation. And, it provides them the opportunity to do the right thing for their employees.

If your company agrees to pay for the service but doesn’t have anyone to provide it, tell them you know someone! Feel free to have them email me, Lori Bumgarner, at lorib@yourpassioninlife.com. I’ve provided outplacement counseling to hundreds of companies’ employees over several years, especially during times of recession.

Additional help when getting laid off

If your company says no to offering outplacement counseling, there are still some free and affordable resources here at paNASH, starting with paNASH’s on-demand programs and free career success videos. Click here to receive free access to the following videos:

Control what you can during a recession

Knowing what you can’t and can control means the difference between feeling panicked and empowered. Hopefully the tips and resources provided here will make you feel more empowered. I look forward to helping you navigate these uncertain times in your career!

Related posts

Getting Laid Off? The #1 Thing to Ask for When You Leave

Part 3 of 3

Getting laid off is difficult and scary. It’s happening to so many people right now due to the economic impact of the coronavirus. It can make you feel like your career and your life is out of control.

On some occasions you can convince your boss or company that you’re worth keeping around. Such as when you’re able to show your past contributions to the company and the savings of letting you work remotely using hard data. Hard data gets people’s attention.

But if your data doesn’t outweigh the data that supports letting you go, there’s still something you can negotiate.

Outplacement counseling

You can always ask your company to provide or include outplacement counseling in your severance package. It’s one thing you still have some control over.

Outplacement counseling is simply another term for career coaching or job search assistance. It’s set up to help you find your next job more quickly, and to make a smoother transition to it.

Many companies already offer it in their severance packages. I know this because I’m often one of the people they pay to provide such a service for their employees.

Take advantage of outplacement

If your company already offers outplacement counseling, take advantage of it! I’m always surprised at how some people just toss this benefit aside. Their company has already paid for the service, yet some employees think they don’t need it.

Even if you don’t think you need outplacement counseling, use it! If you already have another job lined up, use it to help you prepare for your first year in your new job.

Career coaching isn’t just for helping you find a job. It’s also for helping you succeed in your next job and building your career. And everything discussed in your coaching sessions remains confidential. It will never be shared with your past employer.

Ask for outplacement

If you’re getting laid off due to the coronavirus, and your company doesn’t offer outplacement counseling, ask for it! What do you have to lose at this point?

If your company needs convincing, help them understand how it not only benefits you, but also their business. It protects the company’s brand and reputation. It mitigates the risk of litigation. And, it provides them the opportunity to do the right thing for their employees.

If your company agrees to pay for the service but doesn’t have anyone to provide it, tell them you know someone! Feel free to have them email me, Lori Bumgarner, at lorib@yourpassioninlife.com. I’ve provided outplacement counseling to hundreds of companies’ employees over several years.

Additional help when getting laid off

If your company says no to offering outplacement counseling, there are still some free and affordable resources here at paNASH, starting with paNASH’s on-demand programs and free career success videos. Click here to receive free access to the following videos:

I look forward to helping you navigate these uncertain times in your career!

Related posts

Are You Prepared to Be a Freelancer If Forced To?

Part 2 of 3 posts

Even if you’re still able to work during the coronavirus quarantine, whether from your office or from home, let me ask you something:

Are you prepared to be a freelancer if forced to?

Think about it. If you lost your job tomorrow and couldn’t find another one right away, would you be able to pick up and start making some extra money?

Do you already have some other streams of revenue in place, like freelance work or a side hustle?

I’ve previously written about the importance of having multiple streams of revenue. You can’t rely on only one stream of revenue because it could evaporate tomorrow.

I’m not saying this to cause you to panic. Instead I say it to help you feel more productive and a little more in control of your current situation.

How to create multiple streams of revenue

Here’s what you have some control over. Sit down and make a list of skills you have that others would pay you to perform because they lack those skills. Also add to your list anything you own that others might want to rent on a short-term basis.

Decide which items on your list will take the least amount of time to start earning the most money.

Then, start getting the word out. Use your current social media profiles to do this. And join platforms you’re not already using. Start with the ones that make the most sense for your product or service.

You may be surprised what kind of response you get.

Forced to be a freelancer

Recently, my hairstylist’s husband was in between digital marketing jobs. Although he received several interviews and offers, the offers weren’t financially feasible based on his experience and the potentially long commutes.

While holding out for something more financially feasible, he took some home improvement jobs as a side hustle since he’s good at this sort of thing.

When one side hustle opportunity was completed, another one came along. Then it got to the point where he had so many side jobs to choose from it made more financial sense to make this his full-time gig!

He’s now making more money doing home improvement than he would’ve if he’d stayed in digital marketing.

Need help becoming a freelancer?

If you need help with the steps of starting a side hustle or work opportunity for yourself, let me know. I’ve successfully transitioned to working for myself and have helped several clients do the same.

Stay tuned for the final way to maintain control in part three. Submit your name in the right hand column to receive alerts for new posts.

Related posts:

How to Gain Control Over Your Career Amidst Layoffs

Part 1 of 3 posts

Maybe you’ve been fortunate enough to continue working from home during this coronavirus quarantine. But perhaps you haven’t been so lucky.

Some folks have been told not to report to work. And since their job doesn’t lend well to remote work, they’re having to use precious vacation or sick days. Or worse, they’re being laid off.

If this is you, or could possibly be you in the near future, you probably feel like you have no control over your current career or job situation.

But, there are some things you can do to help you feel a little more in control, and can help you be better prepared in the event of a job loss.

This is part one of three recommended strategies.

Stay in control by updating your resume the right way

If it’s been a while since you last updated your resume, now is a good time to do so. It’s definitely more productive than spending your time watching Netflix while quarantined!

I’m sure there are several things you need to add to your resume since you last updated it. Which means you need to make room for those new things.

So how do you know what to get rid of to make way for the new info? I have several free videos, including one entitled:

What NOT to Share On Your Resume: 13 Things You Should Delete Immediately From Your Resume

You may not realize it, but there are probably some things on your resume that are hurting your chances of landing a job interview. They need to go! Find out what they are before you send your next résumé out by watching the video.

It’s available here along with two other free videos:

Once you’ve updated your resume, you have a chance of getting a free resume critique from paNASH. Details are available in the video.

Keep your resume updated

I’ve said this before and I’ll say it again, it’s always a good idea to update your resume every six months. There are two reasons why:

1. It’s a lot easier to remember what you’ve done over the past six months than the past six years.

2. You never know when you may need it in a situation like we’re currently facing.

Updating your resume and keeping it updated are just a couple things you have control over in uncertain times.

Control what you can

Knowing what you can’t and can control means the difference between feeling panicked and empowered.

Stay tuned for additional ways to maintain control in part two and part three. Submit your name in the right hand column to receive alerts for new posts.

Related post:

paNASH was recently voted as one of the top coaches in Nashville by Expertise.com for the fourth year in a row!

How to Deal With Job Loss and Interview Rejection

Rejection can be difficult, especially career rejection. I applied for A LOT of jobs when I was looking for my first “real job” right out of grad school in the late ’90s. About 75 to be exact. And I got about 70 rejections.

Multiple rejections makes it nearly impossible to keep a positive attitude. Especially when you’re young and you’ve never experienced job rejection before.

I knew I had to find a way to not let it get me down, or else I’d develop a negative attitude that would be evident in my interviews. Going into a job interview with a negative attitude was sure to guarantee further rejection. I had to break the cycle before it started.

I decided for each rejection, I’d tell myself I was one step closer to the job that’s right for me. It also helped to think to myself, “If they don’t want me, why would I want to work for them?”

The Result of Positivity When Dealing With Rejection

I finally did get a job offer. It was working in two of my three areas of interest within my industry. I was promoted a year later and got to work in my third and favorite area, career development.

Interestingly, I originally applied for a director position even though I knew I wasn’t experienced enough since I was just coming out of grad school. I decided to apply any way, just to see what would happen.

While they rejected me for the director position (for obvious reasons:  lack of experience), they called me and said the assistant director position was also open and asked if I would be interested in interviewing for it. I was, I did, and I was hired. A year later I became a director.

This goes to show sometimes you can apply for jobs you’re not fully qualified for because you never know what can happen!

The Power of Positivity When Dealing With Rejection

My mantras made a huge difference not only in my level of positivity, but also in my confidence. They worked so well, I’ve used them in other areas of my life and career. I repeat them when I don’t land I client I want to sign, or when a relationship doesn’t work out like I want it to.

I never knew at the time just how powerful this positive mindset would be throughout my career.

I’ve always worked as a career adviser in various capacities. Often I have to encourage my clients who’ve been laid off from their jobs or who are experiencing rejection in their job search. I share with them the same mantras that helped me. Also I remind them, while they’ve lost their job, they haven’t lost their ability to work.

One client in particular felt very angry about being laid off. But after sulking for a few days, she decided to change her view of her situation. She decided instead of calling herself “unemployed” she’d call herself “funemployed!” I loved this and encouraged her to embrace this kind of attitude.

Allow Yourself Time to be “Funemployed”

Periods of unemployment can provide you the time to get some much-needed rest, spend more time with your family, improve your health, be creative with your time, and explore your passions. Consider it a gift, and take advantage of it while you can. There will always be more work to do.

Are you at a place of career transition where you need some guidance? Have you lost your job and need help with the job search? Or do you need help exploring other viable options rather than going back to work for someone else?

Let’s talk! Click here to complete the paNASH intake form and schedule a complimentary “Path to Purpose” session. I look forward to hearing from you!

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rejection