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Archive for the ‘Career Planning’ Category

Survey Says Retirement Is A Dream For Some

March 4th, 2010 by Matthew C. Keegan | 1 Comment | Filed in Career Planning

Putting off retirement for valid reasons

Some employees long for the day when the shackles of work have finally been removed from them. For most people that event comes by the time they reach age 65, the traditional retirement age for Americans.

Distant Dreams

Most workers approaching retirement age are staying put citing finances and other reasons for extending their careers.

But dreams about retiring are just that for many who are approaching retirement as a recent survey by the employment site, CareerBuilder, revealed that more than 70 percent of people are postponing it. Moreover, as a clear sign pointing to the times in which we live, their reasons usually are just about the same: financial.

Harris Interactive conducted the survey on behalf of CareerBuilder in November 2009 interviewing hiring managers and people nearing retirement to arrive at their findings.

72 percent of employees say that they are putting off retirement because they can’t afford to quit work yet. With the financial market meltdown of September 2008 having a major impact, many would be retirees know that their depleted retirement accounts and other savings just aren’t enough to sustain them over the final chapters of their lives.

Other Reasons

Finances are an important factor in the retirement plans on those surveyed, but CareerBuilder identified some other reasons why workers plan on staying on the job including:

  • They either enjoy their job or enjoy where they work and don’t want to leave it (71 percent)
  • Plan to stay because they need the health insurance and additional benefits provided (50 percent)
  • Fear that their retirement may just be boring (24 percent)
  • Enjoy feeling needed (15 percent)

“The economy continues to cast doubt in the minds of mature workers regarding executing on their future retirement plans. As a result, they are requesting to stay with employers a bit longer,” said Jason Ferrara, senior career adviser at CareerBuilder. “Twenty-seven percent of hiring managers say they were approached about postponing retirements last year and were open to retaining mature workers. The key is to let your employer know sooner than later that you would like to put off your plans to leave.”

Career Planning

In addition to the survey findings, CareerBuilder’s site for mature workers—PrimeCB.com—offers tips for mature workers including encouraging employees to talk with their Human Resources department to map out a strategy for their remaining time on the job.

What is more, you may want to remain flexible by considering taking another job in the company if you already announced your retirement and have reversed course. Work on becoming a top networker if you are considering transitioning to a new job outside of the company and, lastly, mentor internally and externally to demonstrate your human capital and experience.


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7 Job Hunting Tips For The Newly Unemployed

January 6th, 2010 by Matthew C. Keegan | 4 Comments | Filed in Career Planning

From lay off to hand shake for a new job, today's unemployed are discovering that the intervening time can extend for many months longer than expected.

Have you recently lost your job? If so, you’re part of a large group of Americans who are out of work. Unemployment is around 10 percent while the number of people forced to work part-time jobs or have grown discouraged and quit looking for work has that number up around 17 percent. Clearly, these are not good times in America!

Yet, there are jobs available with people regularly interviewing, receiving, weighing, and accepting job offers, and starting new jobs every day. If you have not pounded the pavement in many years, then you may be unfamiliar with how to find your next engagement. In that case, the following seven tips can help you get started, taking into consideration your personal needs and desires:

1. Dust off your resume – The moment you leave a job, your resume should be changed. You need to reflect that your most recent position is now in the past, reviewing your highlights and accomplishments to see if they accurately represent you and what you can provide for an employer. Consider hiring a professional to review your resume, a fresh set of eyes who can help clarify several points and emphasize new ones going forward.

2. Confide in someone – Too many people leave their jobs shell shocked, with some reacting in ways that are negative, perhaps even harmful. Losing work means keeping in touch with those who love and care for you, while also considering looking for professional help if you have trouble sleeping, are acting out in ways that are harmful to you or others, or if you are withdrawn or depressed. These feelings, while uncomfortable, are quite normal.

The American Counseling Association says that, “Losing a job is a traumatic experience, one that can affect each of us in different ways and to different degrees.” Consider meeting with a pastor, counselor, or other professional to help guide you through this challenging time.

3. Reassess your skills – Are your current job skills adequate for today’s job market? Much has changed over the past two decades with the internet playing a huge role in how people interact with each other, find information, even look for work.

Consider meeting with a career counselor, particularly one who is familiar with your field. In some cases, the newly unemployed have discovered that their previous line of work is no longer suitable for them with jobs permanently lost or their interest in that field changed. A career counselor can guide you, offering tips on what courses you can take, perhaps returning to school for a season to obtain additional credentials or licensing. Visit our sister SayCampusLife site if you are considering returning to college.

4. Dress for success – Is your wardrobe up to date or does it need a makeover? Dressing the part is the only way to go when seeking a new job, but your current attire may be in desperate need of being retired.

If funds are limited, work with a friend or sales person who is good at helping people mix and match clothing to turn two outfits into five. Shoes, belts, and accessories can usually be found for cut rate prices, but do not skimp on quality in order to save a few dollars.

Randall S. Hansen of QuintCareers advises, “Dressing conservatively is always the safest route, but you should also try and do a little investigating of your prospective employer so that what you wear to the interview makes you look as though you fit in with the organization.”

5. Launch a job seeking campaign – Once you are ready to look for work, you will need to launch a campaign that inspires confidence in your abilities and helps you build the tenacity to endure what may become a long job search. Being realistic about what is out there is important as is being flexible in considering assignments which may not be exactly what you want.

Some questions to ask yourself include: do you have the resources available to launch a long, costly job hunt? Are your spouse and children supportive of your quest? What funds can you tap if unemployment is not enough – home equity, 401 (k), pension, etc.? Can you relocate and will your house sell? These are different times then what most job seekers are accustomed to, requiring some thoughtful planning and possible life changing decisions being made.

6. Cut yourself some slack – Some employees are laid off and given a generous severance package on top of unemployment. For the first few months, these former workers can feel flush in cash, but the reality is that those funds will soon disappear.

While taking a two week Mediterranean cruise is probably excessive and costly, a long weekend away or a week off with the kids on summer break can be in order. You are one day closer to landing your next job, therefore an occasional break can come in handy. Besides, once you start working again, will you have time to vacation? Not likely – it could be a full year before you get some much needed time off and away from the new grind.

7. Network like it is 2010 – Much has changed on the networking front with the unemployed finding it difficult to visit offices in person to drop off a resume thanks to security measures while many employers only vet candidates online.

That means you need to find out how employers are finding workers in this second decade of the twenty-first century. Online job searching has been growing tremendously popular since the middle 1990s, but today people are active on Facebook and LinkedIn. I particularly enjoy LinkedIn and have offered to my readers tips on my writing, “Getting LinkedIn For 2010.” Your paper resume is important, but your online presence is invaluable.

Have a good, healthy, and sane job search, but remember that you should not do this alone. Friends, family members, spiritual and professional counselors, and an entire network of folks are there to help you out. Tap in to that network!


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7 Tips To Help You Overcome The Job Loss Blues

October 2nd, 2009 by Matthew C. Keegan | 2 Comments | Filed in Career Planning

With unemployment hanging around ten percent, chances are you know someone, somewhere who is without a job. Maybe that someone is you. Even if you’re not unemployed, there is a good chance you’ve seen your salary frozen or even cut.

cell phoneThis is the worst recession in memory, but that doesn’t have to mean that you’ll be without work for months on end. Do you have the job loss blues? If so, read on for some tips on how you can get hasten the job snagging process:

1. Your Full Time Job – Your last job was full-time, but so should this job be: the one where you’re looking for work. If you’re recently unemployed, give yourself a few days to a couple of weeks to regroup, but then be prepared to look for work as if everything depends on you finding a job. That’s because it does. Update your resume, get active online through LinkedIn and Facebook, network like never before and leave no stone unturned.

2. Cut Your Expenditures – Even with a severance package and unemployment, you could be doing just fine financially. However, that will soon change when one or the other runs out. Likely, you’ll need to divert some funds to help advance your job hunt, which means that you’ll need to rein in your other expenses now. Whatever you do, don’t turn to credit to pay your bills!

3. Think Positive – One surefire way to damper enthusiasm while looking for work is to let a sea of negativity wash over you. It can be difficult to remain upbeat, but a positive attitude will help you stay the course and eventually land your next gig. Consider professional counseling if you simply cannot shake the blues – an underlying medical condition could be weighing in.

4. Interim Work – Be realistic about your prospects especially if your industry as a whole has been slammed. If you’re an older worker, consider how your age can work against you. While age discrimination is illegal it is also very hard to prove. Consider taking consultant or part-time work now as you keep your options open.

5. Get Educated – Training in the form of classes, seminars even a new college degree might be of some help to you. A number of government programs have been launched to aid workers in the transition from one career to the next. Your state’s unemployment or career counseling office should know what is available for you.

6. Consider A Makeover – After years on the job, perhaps you’re no longer certain what is expected of today’s workers. Have your resume professionally updated to reflect current language as well as to make sure that no information is included to suggest your age. Perhaps its time for a new haircut and maybe your wardrobe could use updating?

7. Be Kind To Yourself – Even as you take whatever steps are necessary to help you find work, you need to remember to look out for your own needs to. Your spouse and children are important, but if you’re constantly “on” then you’ll soon burn out. Give yourself some small rewards along the way as you accomplish certain goals. For example, if you nab an interview, celebrate afterwards whether you’re offered a job or not. Take the edge off of the tension!

Eventually, you’ll find work and put this present crisis behind you. There are lessons to be learned during your time of unemployment so be sure to document your progress while staying focused and positive.

Adv. – If you are a first time homeowner, don’t forget that the federal government is giving to you an $8000 buying credit good through November 30, 2009. For more information about buying a home, finding a mortgage or refinancing, please visit SayLending.com.


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Age Discrimination And Your Job Search

June 2nd, 2009 by Matthew C. Keegan | 6 Comments | Filed in Career Planning

For someone going through a career transition who is in their forties or above, one very real challenge they may be facing is ageism or age discrimination. Impacting men and women alike, all ethnic and racial groups, and seeming to be one of the most difficult of all prejudices to identify, age discrimination can severely impact the worker’s ability to make a living.

peopleA number of years ago when web based communities such as those managed by MSN were popular, there was a forum started by a man who claimed to be experiencing ageism. Though I was still in my thirties when I first came across his site, I was curious about this phenomenon, wondering if it was as serious as some claimed that it was. I also wondered if the site was a mass pity party of unemployed middle-aged folks, but soon learned that many forum participants were working and actively pursuing their careers.

The stories shared on that internet forum offered a fascinating picture of what some people encounter in the workplace. Some had worked as administrative assistants and clerks while others managed to improve themselves to the point where they managed entire operations, corporate divisions or local offices. However, most had also felt that ageism lurked beneath their company’s veneer, just about ready to jump out and latch onto to them especially if they were about to lose their job.

One important point repeated often by forum participants had to do with their resumes (a/k/a curriculum vitae or CV). Most human resources people will tell you that a decision on whether to go with a particular candidate or not is often decided within the first thirty seconds of reading their resume. This means that if there was any potentially damaging information on the copy, the HR folks would move on to another candidate immediately.

Clean Up Your Resume (CV), One Step At A Time

If you are an older worker who is looking for a new job, consider the following when it comes to your resume:

Include your cell phone and email address – When listing your personal information, include your cell phone and email address, two of the most common ways companies use to contact candidates. You’d be surprised how many “older” workers don’t include what is obvious to everyone else; don’t make it harder for potential employers to find you.

List recent jobs only – If you’ve been out of college for the past twenty-five years, it can be tempting to list every job you’ve held since then. Instead, go back ten years, perhaps fifteen and leave it at that. Your resume is designed to feature career highlights, not every job you’ve held. When filling out an employment application you can go back further than that.

Watch your language – You may be well versed in the English language, but be careful about using terminology that gives hints to your age. Importantly, leave off college graduation dates and anything else that reveals more about you personally than what you can do for a company specifically. Above all, lose the information about high school especially listing the year that you graduated.

Stay Connected

I recently advised and “older” person who had lost his job to get linked in. Literally! By joining LinkedIn and a few other select sites, he was able to get connected with the right people in the quickest amount of time including someone who will be interviewing him for an unannounced opening later this week. Yes, networking is critically important both online and offline.

If you believe that you are a victim of ageism, your state probably already has laws on the books to combat that problem. Consider filing a complaint, but also keep in mind that sometimes it pays to simply move on to an employer who respects your talents and what you can bring to them besides graying hair!

Adv. — For home improvement or garden enhancement ideas, please visit LetsRenovate.com to learn more.  Spring is an excellent time of the year to tackle important projects, allowing you to enjoy the summer months and the fruit of your labors. For major projects, visit YourEquity.com to learn how you can finance your renovations.


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