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Economy

  • operations managerMany professionals prefer the benefits of working for larger corporations. There are the benefits packages, ample training, and perceived job security that make this option all too attractive. But with many people overlook is the benefits of working for smaller, growing companies. According to the National Small Business Association, small businesses make up 99.9% of the 26.8 million businesses in the United States. So if you are only looking for a large company opportunities, you can be leaving a lot on the table.

    From a professional standpoint, the small company opportunities allow you to gain a broad range of skill sets because of the need for its employees to wear many hats. In larger organizations, everyone tends to be more specialized and compartmentalized. With numerous cards in their machinery, large enterprises love to take the plug and play approach with employees. The more focused your job, the more easier you are to replace. You’re smaller businesses tend to expose you to more, making you more valuable in the marketplace. It also better prepares you for running your own enterprise someday.

    With smaller businesses, you are also able to ride the crest of success to larger financial gains. If you are fortunate enough to get in on the ground floor of a great business, you can find yourself wealthy very quickly. Just ask any Microsoft, Apple, or Amazon employee who had stock options from the start. When you come into a large business that is already established. Your salary and benefits pretty much represent the range of where you will be for some time. Promotion opportunities tend to be less available, and of course, the political environment will play a role.

    As I mentioned earlier, the illusion of job security with a larger company it’s just that. An illusion. Larger companies will not think twice before jettisoning entire departments and divisions, dumping hundreds or thousands into the available work pool in an effort to streamline personnel costs and increase the bottom line for shareholders and senior management. The best part about  small company opportunities is that it is much easier to keep your ear to the ground as to what is happening with the company. You will usually see trouble coming.

    Of course, your financial and family situation dictates which option is better for you in the long term. For example, and older professional may value the benefits package more so than the potential for explosive income growth or promotion. Younger professionals can afford the luxury of taking a position with a startup entity that may not offer benefits, but an excellent opportunity to get into something on the ground floor to experience the huge upside. One’s personality and tolerance for risk should also should dictate the type of position pursued. But either way, keep your head on a swivel and ear to the ground for rumblings of what is going on with your employer and your industry.

  • We’ve all been there. You’re in between jobs and the bank account is running on fumes. There are a couple of prospects you are expecting to bear fruit because you had your resume and cover letter written by the pros at The Resume Clinic, but they may be weeks away from coming to pass. So now you just have to make it until your first paycheck.

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  • Let’s say you have 10 people confined to a house and every day you bring in 10 sets of meals for them to survive. Everybody’s pretty happy and content with that arrangement. But what happens when you increase it to 12 people and cut the meals down to 9 sets? How about we make it 14 people and cut the meal sets down to 7? See where I am going here? It is obvious that at some point you are going to have some starving people on your hands, but this will follow the violent struggles for the limited food supply. So, what I would like to know is “¦ how is the current state of our economy any different.

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  • resume writerWhen as a job seeker you are looking at numbers like 8% unemployment and 127,000+ employees were laid off in August 2012, it can cause you to sit back and wonder “why bother”? After all, while you may be highly qualified and a great producer, what are the chances that you will be the one to get the available position out of more than 150 applicants? Well, the answer to this depends upon your commitment to preparation and the process.

    In our scenario of 150 applicants, you are likely looking at some 80% to 90% of applicants not taking care of business on the front end of the process. By taking care of business, I am referring to having a professionally written resume created to improve its performance in database searches and quickly communicate your value in relation to the position requirements and company long-term plans.

    Now what does that have to do with perspective, you say?

    Assuming that you have an excellent resume and cover letter prepared and practice your interviewing skills, you will already have an advantage over 90% of your competition who won’t bother to do so. So instead of swimming upstream with 150 applicants, your TRUE competition is 15 or so.

    Much more manageable numbers, wouldn’t you say.

    When combined with consistent networking, a broad social media presence, and other strategies to diversify your search, you will find that your unemployment stretch will be much shorter and employment choices much greater.

    I had a client who’s resume I was working on for the third time. She indicated that she’d found work within three weeks each time of the previous two times. While she said it jokingly, she asked “Is there really a recession, because it hasn’t affected me.” I laughed and responded “Apparently, not for MY clients.”

    Just remember that regardless of how much competition you are facing, if you are more prepared that the next person, it will be THEM wondering why the phone isn’t ringing. Even if one company is hiring for one position, your attitude should be “Why shouldn’t that employee be me?”

    I say, no reason (if you out-prepare the next guy).

  • I have prepared a few resumes for Anheuser-Busch employees (or should I say InBev now) and “it” is hitting the fan, according to my sources. Some jobs are starting to be eliminated and my contacts say things are not pleasant around his/her office.

    Many of the people in that office prepared their resumes well in advance, as soon as they heard of the pending merger. Smart move. Think at least half my clients will be safe, but at least those wh aren’t will be ready to hit the ground running with a killer resume if the axe falls. Nothing like being prepared!

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