Tag Archive for: New Job

Time to look for a new job

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By Nicki Gilmour, Executive Coach and Organizational Psychologist

So you figured out that you need a new job!

There are many ways to start a job search yet sometimes it can seem so daunting to start the process.

There are general strategies to job hunting, such as if you know vaguely the target companies that you would like to interview with then start investigating the opportunities there. LinkedIn is a great way to see if you know anyone directly or indirectly at your preferred firms and a good place to start is to mine your current network to build your future one. Apply to job postings but know that any personal connection will probably help you so it is worth checking your network and refreshing your relationships with coffees and lunch with influencers and mentors.

What people don’t tell you is that what you will want to do in the hunt matters. What you tell yourself and your own perceptions of yourself will also matter as does your confidence and level of extroversion.

If you don’t know what is next, it is worth working with a coach ( such as myself and the vetted coaches who partner with theglasshammer) to help you refine what is the next stage of your career and help you secure the job you want, whether it is within your current industry or perhaps a pivot into something new altogether?

Contact nicki@theglasshammer.com is you would like to hire an executive coach to help you navigate the path to optimal personal success at work.

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Changing Jobs: What Financial Benefits Do You Need to Think About Besides Your Salary?

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People waiting for an interview

Guest contributed by Marisa Joseph

The excitement of a new career path, or even taking on a different role within your current company, can be accompanied by new (and sometimes overwhelming) personal and professional considerations.

And, for women who’ve spent more time establishing their careers, these considerations can vary significantly from those just starting out.

When approaching this transition, be sure to evaluate (and understand) the potential impact on your lifestyle that a new job might bring, along with how your short- and long-term financial goals could be impacted each step of the way. One in four Americans feel some level of financial anxiety, according to a 2017 Northwestern Mutual survey, making addressing these considerations – no matter the stage of your career – a key step to moving forward with confidence.

Before you accept the offer, ask yourself a few questions:

1. What’s going to happen to my non-cash bonuses? If you received stock options at the company you’ll be leaving, make sure you’re aware of the implications when switching jobs. Review your offer letter and/or employment agreements to ensure you’re cashing out your stock options within a stipulated time of departure, and checking on potential tax implications.

2. Is my tax bracket going to change? Depending on your new salary, you could be bumped into a different tax bracket. By meeting with an accountant, you can better prepare yourself for offsetting a potential tax increase.

3. Is your potential employer offering other benefits that are important to you? Maybe you’re looking for a more flexible schedule in your new job, or perhaps the opportunity to go back to school. Remember to highlight these possibilities in conversations with your potential employer. Ask also about a sign-on bonus or annual incentives, as well as termination provisions, to ensure you’re maximizing your financial options.

Once you’ve begun your new role, take the time to review your benefits package to update or supplement as necessary.

Below is a list of what you should review:

1. How am I handling my retirement plan? Your new job may provide you with the opportunity to contribute to a company-sponsored retirement plan, such as a 401(k) or Roth IRA. If this is something you took advantage of at your previous job, a financial planner can help determine if rolling over your old plan – or keeping your money where it is – is the best option for staying on track with your retirement goals. And, if this is a new opportunity for you, make sure you review what your employer is willing to match so you can maximize your contributions.

2. What are my insurance options? Your new employer may also offer insurance plans for employees, which could include health, dental, disability and life insurance. By thoroughly reviewing your benefits, you can identify any gaps in what your employer is willing to offer for baseline coverage, and where you may want to purchase additional protection. Ask yourself also; will I need to pay more in premiums, copayments or deductibles for my family? Consider again talking with your financial planner for help navigating your options and understanding any of those gaps in insurance.

3. Is there a waiting period before my disability (and/or life) insurance coverage begins? Sometimes, new employees are required to wait 90 days before they become eligible to receive coverage. Find out if you fall into this category, and from there, identify if supplementary insurance could be an option to protect you and your family during the gap.

Finally, once you’ve made it though the first several months at your new job, it’s time to evaluate one more crucial metric.

1. Am I happy? While your job may have come with perks like the ability to have more discretionary income or additional vacation days, these can sometimes seem less attractive when coupled with demanding hours or difficult relationships with coworkers. Does the new job fit with your lifestyle? Is it putting you closer to achieving your long-term financial and professional goals? Consider discussing your thoughts and options with a trusted friend, mentor or coach to map out the next steps of your plan.

By keeping in mind this checklist of questions, you’ll be on your way to embracing your new position feeling confident and prepared.

Guest contributed by Marisa Joseph http://marisajoseph.nm.com

Disclaimer: The opinions and views of guest contributors are not necessarily those of theglasshammer.com

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Pivoting to a New Career

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CV / ResumeBy Nicki Gilmour, Executive Coach and Organizational Psychologist

Dust off your resume and update it for a pivot to a new career.

When was the last time that you looked at your resume? Do you even have one? People often do not think about their resume or CV until they are actively applying for jobs and even then there is usually only one version.

Would it be terrible to have more than one version depending on which direction you want to go. Chances are you had a multitude of experiences that you can shape into categories. If you didnt strictly work in operations, can you sit and think about tasks and projects that were operations based? How would that translate into a narrative? If there is in all honesty very little there, then you can make a call about whether you truly want to pivot into that area and decide what you can do to increase your experience, pick up skills and apply at appropriate levels for jobs.

Success is the end goal. Do not forget that! And, you only have one life so just because you spend many years in one function doesn’t mean you have to do it forever.

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Leave For The Right Reasons

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By Nicki Gilmour, Executive Coach and Organizational Psychologist

Many times, people come to me and they have suffered at work.

Be it a perceived slight, being undermined or even harassed in a very real way. It is normal to want to leave the team, firm or in some cases the industry itself. When coaching, we look hard at whether you just need to leave a manager or whether yes in reality you are ready for a complete change of scene. Knowing what you like doing is crucial and we work on getting to the heart of the matter. But, equally it is important to understand that feelings are real. However, the brain can trick us significantly. There is a cognitive theory by Kant that suggests that we see danger so we think we are in danger (thought) and feel fear (emotion) so we run. Brain science is telling us that if we saw a tiger once, chances are we are hyper-vigilant for the next one. We run sometimes because we are feeling fear due to thinking we see a tiger, before we actually see one.

How do we ensure we do not leave the firm or the industry for the wrong reasons? Women and other minority group members are susceptible to this because often yes we saw a tiger once and that is no lie.

Work with a good coach to know if you are anticipating scenarios before they happen and reason out what impact this is having in how you engage, operate and even consider new roles

If you are interested in hiring an executive coach contact nicki@glasshammer2.wpengine.com directly for a no obligation discussion

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Finding A New Job – The “When” and the “How”

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Is it time to change jobs, change firms or leave the industry? (F)By Nicki Gilmour, Executive Coach and Organizational Pyschologist

There are many reasons to get a new job. It is worth exploring before you jump ship what it is you do not like at your current job and within that, why you do not like it. This way you have a better chance at not repeating the experience in the next job and in actual fact, you might find you ways to stay in your current position and be much happier and more productive. You know what I am going to say- yes, that’s right! Get a good coach to work through any challenges, fears and feelings that you are having right now and to help you articulate what you do want to do in the hours known as work. The “when” to change jobs is a big one. Often people jump to fast or take a very long time to do it, both extremes can be less than optimal to your career plan. If you are saying “what plan?” right about now then hey no judgement but those who plan tend to get what they want faster by virtue of knowing what they want and this process can help with that as the answer is always inside your own heart and mind.

Anyway, If you are sure you that the time is right to find a new job, you might be wondering how to go about it. I say think of it as a pyramid with the peak being knowing a manager or recruiter in a competing team or firm who needs you and by some serendipity has an open spot. Rarely happens, but if you are not networking and talking with peers and competitors and even clients, then you wont know when it does happen. Networking is the number one way to get a new job. Internally and externally- both are equally valid. Ask your mentor and sponsors (careful if they are your boss) if they know of a challenge that would be good next step for you.

The next layer in the pyramid is using a headhunter. Some are better than others but if you can find a good one, then your legwork is greatly reduced and their job is to conquer the art and science of placing the right person in the open job.

The lowest, broadest and most time consuming way to find a job is applying to hundreds of jobs on the internet. It can feel like a blackhole and although many people do get hired this way, it can not be counted on as the core of your strategy. Here is a review of job boards and the job search that just came across my desk recently that might help you get this foundational piece in place. It is hard to ignore it as an activity but do not rely on it as the only way to secure your next job. Remember, the closer your qualifications are to the requirements posted, the more likely your resume will be fished out of the pile by hand or robots to be considered further.

Best of Luck!

Nicki Gilmour is an industrial psychologist and qualified career coach as well as Founder and CEO of glasshammer2.wpengine.com

If you wish to be coached by Nicki in 2017 she is taking on a small number of (paying) individual clients this year- please apply nicki@glasshammer2.wpengine.com

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New Year, New Job? Not so fast

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People waiting for an interviewSo, bonuses are paid and you are ready to make a move to your next job. You have your reasons for leaving and they are one or more of the following:

  • You think you can do better financially for the same work
  • You see less of a career track where you are and you think you can get further in another firm (title and responsibilities)
  • You are leaving your manager, not your company
  • You are changing industry or function and can only do that by leaving
  • You are not aligned with how things get done in your current job

Over the next five weeks we will look at each of these factors to give you a sanity check on whether you truly are leaving for the right reasons.

By Nicki Gilmour, Executive Coach and Organizational Psychologist
Contact nicki@glasshammer2.wpengine.com if you would like to hire an executive coach to help you navigate the path to optimal personal success at work

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