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#YourCareer : The Great Resignation. Survey: 55% of Americans Indicated they were Likely to Look for a New Job in the Next 12 Months. Great REad!

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You have probably heard the term – “The Great Resignation” (credited to Texas A&M University professor Anthony Klotz). Awareness of this phenomenon didn’t start during the COVID pandemic in 2020, but the virus did have a part in exacerbating the voluntary unemployment numbers. About 22 million jobs were lost in March of 2020 during the lockdown. 

The US Bureau of Labor Statistics (USBLS) noted unemployment rates have stabilized to about the same as before the COVID quarantine, while the number of job openings is parallel at about 10.4 million in August of 2021.  The (volunteer; non-farm) resignation rates had a low in 2009 at 1.2%, but over the last 8-11 years have reached a rate of 3% (as of September 2021), according to the USBLS.  That is 4.4 million workers voluntarily leaving their jobs – the highest since the USBLS has been keeping records of ‘quit’ rates.  Almost 24 million workers have voluntarily left their employers since April 2020.

Is this a sign of a failing economy – or – a sign that workers are searching for a higher quality workplace environment, better pay, and/or growing workers’ ‘power to choose’ their employer of choice?  What has changed outside the COVID pandemic effects, especially since vaccinations have been available to the general public over the last nine months?  Was the trend already there and hidden by the ‘stay at home and prevent the spread’ government advisory?

A survey conducted by Bankrate (July 2021) found 55% of Americans indicated they were likely to look for a new job in the next 12 months.  A January 2021 Microsoft international survey found more than 40% of workers are likely to job shop in the next year, and a May 2021 survey by Prudential concluded 48% were seriously considering what type of job they wanted.

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What Skill Sets Do You have to be ‘Sharpened’ ?

Did you know?  First Sun Consulting, LLc (FSC) is celebrating over 30 years in the delivery of corporate & individual outplacement services & programs to over 1200 of our corporate clients in the U.S., Canada, UK, & Mexico!  

We here at FSC want to thank each of corporate partners in the opportunity in serving & moving each of their transitioning employee(s) rapidly toward employment !

 

Article continued …

Did the COVID quarantine exacerbate the joblessness? Or did the pandemic force workers to reconsider their careers, employers, and the work environment? Did work at home employees during the quarantine decide they preferred to telecommute? Were essential workers ‘overworked’ with staff shortages?

These elements and questions are one of the foundation elements of why the ‘quit rate’ is increasing.  Worker burnout prompted people to seek a better work-life balance in positions.  Employers who demanded employees come ‘back to work’ after the telecommute situation proved effective found workers are searching for new telecommute-based jobs.  Fear of the virus for those who refused or could not take the vaccine prompted workers to seek more ‘work-at-home’  jobs.  The pandemic and resulting quarantine prompted workers to rethink priorities, including personal and work-life balances.  Employers who mistreated the workers or failed to enable a comfortable,  rewarding environment, matching ethical values, or better compensation, benefits, or promotional opportunities were the first to see employees quit.

Employers are rethinking what they need to offer to new hires in working conditions, compensation, flexible scheduling, or telecommute opportunities. The service industry was the hardest hit, with 5.3-5.5% resignations in June 2021. Meanwhile, the United States Postal Service is attempting to fill 40,000 temp worker positions for the upcoming holidays (Nov.-Dec. 2021).  The federal mandate for COVID vaccines for health care and government (as well as government contractor) workers by the current administration will add to the unemployment rates and create even more job openings.  State mandates for teachers and state workers will force those with acquired immunity to the disease and anti-vaxxers to be laid off, with massive worker shortages resulting in the medical and academic fields.

 The COVID quarantine taught people, globally, what they could live with and without.  The pandemic has caused folks to rethink their priorities.  The massive number of newly created or current job openings is making workers seriously consider looking for new jobs with opportunities that match their work-life balance, commute needs, and promotional goals – as well as vaccine requirements.  The COVID-related labor market will continue to drive people to quit their current jobs to explore better opportunities for years to come.

 

FSC Career Blog Author:  Dawn Boyer, Ph.D., owner of D. Boyer Consulting – provides resume writing, editing, publishing, and print-on-demand consulting. Reach her at: Dawn.Boyer@me.com or visit her website at www.dboyerconsulting.com.

Bio: Dawn D. Boyer, Ph.D., has been an entrepreneur and business owner for 20+ years, with a successful business and consulting firm (CEO) in Virginia Beach, Norfolk, Richmond, Colonial Beach, and Gloucester, VA.  Her background experience is 24+ years in the Human Resources field, of which 12+ years are within the Federal & Defense Contracting industry. She is the author of 903+ books on business, human resources research, career search practice, women and gender study, genealogy and family lineages, quotes for motivation and self-improvement, and Adult Coloring Books.  Her books can be found on Amazon.com under her author’s page for Dawn D. Boyer, Ph.D.

FSC Career Blog – November 17, 2021

#JobSearch : The COVID Effect on the Job Market. A MUst REad for All!

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As I write this blog article, the United States economy just moved past the 80th calendar day since the international pandemic (Corona-Virus 19) in which the quarantine sent everyone scurrying behind locked doors and face masks.  Companies who relied mostly on technology were mostly insulated from business losses during the quarantine.  Other companies moved to ‘curb-side’ service, online meetings (using Zoom, Adobe, and Google meeting cloud platforms).

Some businesses (online shopping, health care, e-commerce) were able to still perform ‘as usual’ – especially if already providing services and products ‘virtually’ (employees moved from offices to homes to work via telecom technology.  Those companies most impacted, e.g., non-essential retail, restaurants, hotels, travel, and entertainment are still struggling and many are facing bankruptcy.

What does this mean for workers or those looking for new jobs and careers?

1- Job seekers will have more competition for the job they would normally have been a ‘shoo-in’ pre-pandemic; in this economy, it’s now an employer’s market for hiring. Expect to be rejected more often as an applicant.  The company may have a hiring freeze or slow-down, but there also may be jobs not advertised.  Keep on posting your resume into the ATS on the recruiting system for the company(ies) you are targeting.

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What Skill Sets Do You have to be ‘Sharpened’ ?

Article continued …

 

2- Sharpen or add technology skills on the career resume for the job search. If you have the skill sets that enable to you to work from any location – job site, in the field, or from home, this will showcase your adaptability.  Have you worked from home during the quarantine? Are you able to adjust to a personal work schedule and reliability? Mention that in your resume to showcase capabilities.  Jobs ‘on-site’ in the past may be virtual go forward.

3- Job seekers need to update and ensure their computer has with telecom capabilities – camera, speakers, and access to Internet for online meetings; and it’s important to realize the vital need for updating one’s resume and LinkedIn profile for recruiters to more easily find you online. Test your meeting software and equipment with friends and family member (virtual dinner party, anyone?).

4- Review the field or industry – you may need to move to new careers. Job seekers need to target industries for ‘core business industries’ e.g., advertising, tech, delivery companies [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][packages, food], tax assistance, video communications, instruction and teaching platforms [e.g., universities, colleges, tutoring], essential businesses [pharmacies], healthcare services, and/or cleaning and sanitation [janitorial]. The companies to avoid targeting for job searches are those related to travel – hotels, airlines, sports, and automotive. My husband takes Viagra for a couple of years now. I always wondered if it could help me become better in bed, so I decided to take a pill. Well, I can’t say that I felt anything different, but the sensations during intercourse were definitely better. I suppose it was due to better lubrication, which, I suppose, was the result of my experiment.

5- Refresh your resume on the big boards (e.g., Monster, CareerBuilder, Indeed) – the older resumes float to the bottom of the resume pool; even if you add a dot or space, those ATS platforms categorize the resume as a ‘new’ (refreshed) resume.

6- Be prepared for ‘more’ online virtual meetings, interviews, and panel discussions (hiring committees) versus driving to the location for the meeting (this is good – saves gas, and you can wear a nice shirt and jacket over your pajama bottoms).

7- Be prepared to do more email and online networking – the face-to-face networking is ‘out’ with social distancing in place (likely for the next 6-18 months). Do continue to make phone calls to friend, peers, past co-workers and bosses to let them know you are available for work. Who do they know is looking to hire?

8- Recruiters won’t be able to rely on ‘body language’ in virtual interviews, so it’s important for job candidates to look sharp, act like they are paying attention during the online cloud meetings, and to ensure the dog or cat won’t interrupt the meeting. The interview candidate may have to project more to demonstrate a positive attitude and don’t forget to clean up the area behind your computer to look like a more professional work environment.

9- In the past, recruiters may have been able to make a job offer and have a candidate in the seat in two weeks. The pandemic has slowed the process down to ‘whenever it is safe to physically come to work.’ Expect delays in the hiring process – some college grads who were extended job offers aren’t able to work for their new employers until as late as July or August while the company struggles to determine health and safety protocols. There will be a slow-down in the decision-making.  Companies may take a while before business picks up again to justify the hire and bringing the candidate onboard with a start date.

10- Job seekers who have lost their jobs need to be aware the extended benefits from the Payroll Protection Act are for a small and finite period. If your employer laid you off and you refuse to come back to work – you will lose your unemployment benefits.  Even if you get paid more in the PPA, it is vital for you to get back to work so you have a job after the benefits run out.

11- Do not lose hope. If you have a ‘side’ job, you may need ramp up the sales and services to bridge the financial gap between the last job and the new post-Covid career move.

 

FSC Career Author: Ms.Dawn Boyer, Ph.D., is a FSC Career Coach & owner of D. Boyer Consulting – provides resume writing, editing, and publishing (print-on-demand) consulting. Reach her at: Dawn.Boyer@me.com or visit her website at www.dboyerconsulting.com.

 

FSC Career Blog |  June 12, 2020

 

Bio: Dawn D. Boyer, Ph.D., has been an entrepreneur and business owner for 20+ years, with a successful business and consulting firm (CEO) in Virginia Beach, Norfolk, and Richmond, VA.  Her background experience is 24+ years in the Human Resources field, of which 12+ years are within the Federal & Defense Contracting industry. She is the author of 812+ books on the topics of business, human resources research, career search practice, women and gender study, genealogy and family lineages, quotes for motivation and self-improvement, and Adult Coloring Books.  Her books can be found on Amazon.com under her author’s page for Dawn D. Boyer, Ph.D.[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

#JobSearch : Déjà Vu All Over Again – Good News, Bad News for Employers and Job Seekers.

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I remember…  with trepidation … the market events in the fall of 2008 caused the real estate crash in 2009 and the resulting rise in unemployment with hundreds of thousands of workers losing their jobs. (I was one of them. As a HR director, I had to write my own layoff letter!)  The recent pandemic is not quite the same, but the impact is eerily similar and much worse for workers who are now unemployed. With luck, this time, the economy will swing back quickly once folks get back to their office or location work sites as cures, vaccines, and plasma infusions are deemed safe and made available to inoculate the general population.

When economic crisis upheavals create market impacts and job losses, it’s best to be prepared for the ‘what ifs?’

In 2009, the bad news was employers laid off, terminated, or furloughed workers with no known return-to-work date.  This was a crisis for the company and its workers. The events affected stability, growth, and/or revenue for the business, but also provided a unique opportunity to enrich the workforce and gain more valuable employees in the long run.  Companies initially targeted ‘slackers,’ ‘redundant,’ or unskilled (untrained) employees in the mass layoffs. Workers able to do the work of others had to cross-train, or who were more productive were more likely to be retained.

Use the lessons learned from the 2009 economic crash to preparing for the current pandemic-related crisis, and/or future events with equitable impact on worker’s careers.

Those laid off or terminated were often the workers with the lowest return on investment (ROI) for the business model.  Unfortunately, it was also a great opportunity to drop what the company determined were ‘troublemakers,’ ‘high maintenance employees,’ and those who had reached a salary ceiling for their job level.

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What Skill Sets do You have to be ‘Sharpened’ ?

Continue of the article:

When the economy picked up again, the company had a choice of rehiring the furloughed workers. In some cases, companies found more productive replacements for the past terminated workers.  Some businesses chose to continue to pay unemployment taxes on furloughed workers and hired fresh employees to train to higher standards and productivity.  This may happen again in 2020. If fresh, new workers can provide a higher rate of productivity after training, the companies could turn a higher profit, faster, and decide not rehiring the furloughed workers is worth the business risk.

The good news is some workers ‘sent home’ during this pandemic event may not have been fired.  Companies recognized some work (telework) could continue if workers had the right equipment and access to work-related applications from home.  The scramble to set the employees up to work from home may result in long-term and increased ROI based on lower overhead costs. This event may help business leaders see the opportunity to keep workers, monitor productivity, and simultaneously reduce overhead costs by continuing to keep employees working at home.

It is bad news for the workers who are permanently laid off or furloughed. The economic crisis does provide opportunities for those who lost their jobs to go back to school, take more technical or trade training, and refresh their resume(s) for more practical or higher-level educational opportunities.

The good news is, even though the furloughed worker may have been highly productive, this is the perfect opportunity to use one’s advanced experience and skills to search for a new career position. Shop for that new job with companies who terminated the ‘redundant’ workers and are looking for that higher productivity employee.  When an employee is laid off it’s the perfect timing to refresh their resume to identify their strongest skills and their greatest weaknesses.

It is vital to showcase on the resume the job seeker’s achievements and accomplishments to document the metrics and capabilities of the worker in past and potentially future work environments.  Review the education section to decide when, where, and what to add to skill sets by taking online classes, going back to schools (colleges, universities – online courses where available), or targeting technical schools for updated trades training.

When economic crisis upheavals create market impacts and job losses, it’s best to be prepared for the ‘what ifs?’ in one’s career path.  Use the lessons learned from the 2009 economic crash to preparing for the current pandemic-related crisis, and/or future events with equitable impact on worker’s careers.  Keep updating one’s work skills, ensure your productivity at work is at its high level and makes a profit (or reduce overhead expenses) for your company. Continue to learn or take training in a variety of skills to make yourself non-expendable to your employer.  If you are not constantly improving yourself, you will not survive or do well in the worst-case economic scenarios of the future.

FSC Career Blog Author: Ms. Dawn Boyer, Ph.D., owner of D. Boyer Consulting in Hampton Roads and Richmond, VA – provides resume writing, and editing / publishing / print-on-demand consulting. Reach her at: Dawn.Boyer@me.com or visit her website at www.dboyerconsulting.com.

 

FSC Career Blog| April 14, 2020