When considering a career change, the following financial suggestions are offered:
- have an appropriate amount of savings for unexpected expenses during the transition.
- create a budget to live frugally; cut living costs to be prepared for sudden expenses.
- reassess your investment portfolio to reduce risk exposure and possibly eliminate fees.
- seek advice from a financial advisor.
- determine how a career switch might impact your ability to save.
For additional information on financial advice when changing careers, click here.
- Have students talk to a person who recently changed jobs to obtain information about their experiences.
- Have students create a video presentation with suggested actions when planning to change careers.
- What relationship exists between a person’s career choice and money management activities?
- Describe additional financial planning actions that might be appropriate when considering a career change.
Conducting an annual review of your career situation is vital for long-term success and satisfaction. To achieve career goals, avoid these mistakes:
- Ignoring relationships within your organization. Connections with co-workers and managers is often reported as one of the most important factors for career advancement.
- Not getting proper rest. Sacrificing sleep for achieving career goals can be very dangerous, such as creating stress in your relationships with co-workers and hindering job performance.
- Becoming too diversified. Select an area of expertise to focus your efforts and energy.
- Limiting your network activities. Expanding and connecting with contacts allows you to be aware of more opportunities while also developing awareness of industry trends.
- Not being care in your social life. With social media, many aspects of your private life become public. Be cautious of what you post online.
For additional information on career mistakes, click here.
- Have students talk with friends about their experiences with these career mistakes.
- Have students suggest actions for avoiding these career mistakes.
- What situations have you heard of that resulted in limited career advancement?
- Describe other possible career mistakes that might be avoided.
“The war for talent that obsesses tech companies is intensifying and is about to spread economywide.”
This Fortune article is a must read for job seekers in today’s world, Geoff Colvin explains that after nine years of sluggish economic growth, the economy has turned the corner and creating jobs at a record pace. The hiring boom is not only creating opportunities for unemployed workers, but also currently-employed workers who want to get a better or higher-paying jobs.
In the current job market, employers are seeking talented employees that have a great future. Traits that include creativity, the willingness to work hard, and love of learning often help employers evaluate potential. Digital skills are very important, but not restricted to just tech companies. For example, many retailers are hiring workers who can use digital skills to reach customers in new ways.
Human skills are also more important than in the past. Companies want workers to feel they’re part of the organization and a valued asset. These “same people” skills are very important for workers applying for management positions.
For more information, click here.
You may want to use the information in this blog post and the original article to
- Reinforce that employers want workers who have the knowledge and skills that they need, but also are willing to work hard, become part of the organization, and keep learning once they get the job.
- How do you develop the traits and skills so that employers are willing to pay you a salary?
- If you were an employer, how would you choose between job applicants applying for a customer service position at American Airlines? What traits and skills are most important?
Nearly everyone has minor stumbles in a job interview. However, these flaws can be overcome with actions to engage the interviewer. Some ways to make yourself memorable in an interview include:
- Start the interview with a question or comment that reflects your preparation about the company.
- As appropriate, answer the questions you are asked with a question. This approach is usually only valid when talking with operating staff, but not with a human resources person.
- Remember to emphasize your awareness and potential contributions to the needs of the company, including ideas for addressing current concerns and market opportunities. Rather than a specific solution, communicate your sensitivity and awareness of their problems.
- Show your humanness through humor, openness, and vulnerability.
- Prepare with strong research on the company that allows you to better answer expected questions and to interact as you discuss your experiences and potential organizational contributions.
- Think and talk like a consultant to communicate confidence and competency.
For additional information on strong interview impression, click here.
- Have students role play situations interview situations that they might encounter when applying for a job.
- Have students create responses to potential interview questions based on the suggestions in this article.
- How might the advice offered in this article be used when you are in an interview situation?
- Describe some common mistakes people might make in interviews. Explain actions to overcome these mistakes.
“Letting Employees Work from Home Can Be a Win-Win for Employers and Staff Alike.”
For employees, the option to telecommute appeals to a vast majority of full-time workers. Research by Global Workplace Analytics found that there are benefits for employees and employers when employees telecommute and work at home. For employees, the chief advantages are
- Reduced time commuting to work
- Lower costs of commuting to the office
- Less stress of juggling the demands of work and family
There are also benefits for employers including
- Less office space is needed because not every employee works in the office every day
- Lower expenses for rent or costs associated with ownership of office space
- A new way to attract talent because employees like the option of working at home
- Increased employee motivation and engagement because telecommuting is considered a benefit
The top five companies and organizations that encourage telecommuting are:
- United-Health Group
- S. Department of Agriculture
For more information about this article and a complete list of the top 20 companies for telecommuting, click here.
- You may want to use the information in this blog post and the original article to point out the benefits of telecommuting.
- Not everyone is a candidate to work at home. What traits and time management skills are needed if you obtain a job where you can work at home?
- Are there disadvantages to telecommuting and working at home?
Career planning experts offer a wide variety of guidelines for moving forward in your employment situation. Use of the following questions can help you develop an action plan for greater career success and personal satisfaction.
- What do you like to learn?
- What do you do in your spare time for fun?
- Are you creating a career for your parents, for society, from your own excitement, or for money?
- What is your definition of work?
- What challenge excites you the most in your life right now?
- What impact do you want to have on other people’s lives or in the world?
- Do you feel confident that you are exceptional at something?
- What do you want: more joy or more power?
- Do you want to be like your parents? Why or why not?
- What do you do that builds your confidence?
- How often are you bored
- Are you proactive about sharing your ideas with your team and managers?
- Whom do you admire most? Are they passionate and purpose driven by their work?
- When you make decisions about your career, do you often consider what other people will think of your decision?
- What advice would you give yourself today about where you are in your career based on where you want to go?
- What does success mean to you?
For additional information on essential career questions, click here.
- Have students use one or more of these questions to talk to others about their career planning activities.
- Have students prepare answers to several of these questions to help guide their career planning activities.
- Which of these questions are most valuable to you to guide your career planning activities?
- What are some additional questions that you might ask yourself or others to help guide their career planning?
Several companies provide benefits that go beyond the usual to serve their employees. Some examples include:
- IKEA offers as much as four months paid parental leave to both part-time and full-time employees after working for the company for a year.
- Bain & Company sponsors an annual soccer tournament for employees in different locations around the world.
- Facebook provides healthcare coverage and free housing for interns.
- Starbucks provides full tuition reimbursement for employees for an online bachelor’s degree through Arizona State University.
- Eventbrite offers a monthly $60 wellness stipend for use on expenses such as gym dues and juice cleanses.
- Deloitte offers sabbatical programs. One is an unpaid one-month sabbatical, which can be taken for any reason. Another is a three- to six-month sabbatical for personal or professional growth with 40 percent pay.
- Southwest offers employees and dependents access to Clear Skies, which provides confidential counseling and legal consultation.
- Timberland employees can take up to 40 hours of paid time off per year to volunteer.
For additional information on unique employee benefits, click here.
- Have students talk to others about the employee benefits they believe to be most valuable for their life situation.
- Have students suggest employee benefits that would be of value for various household and life situations.
- Describe family and life situations that would be helped by various employee benefits.
- What are factors people might consider when determining whether to take a job with an organization?
“What did you do to prepare for this interview?”
According to CNBC contributor and author Suzy Welch, the above question is the most important question that a manager can ask and the best question a prospective employee can answer. She explains she has asked this question for years and is always surprised at the answers she gets from prospective employees–answers that are the good, the bad, and the ugly. One answer stands out. When asked what she did to prepare for the job interview as my personal assistant, the applicant answered, I’ve been stalking you for three days. Welch loved the answer because stalking involved reading virtually everything she could find written about Welch plus reading and scanning everything I’ve ever written online and in print.
Not all answers display the passion that a job applicant should have. For example, one applicant answered, “Well I drove here last night with my boyfriend so I wouldn’t get lost today.” Not an answer that would demonstrate the kind of passion and curiosity and most importantly, the resourcefulness Welch was looking for.
For more information, click here.
You may want to use the information in this blog post and the original article to
- Stress the importance of doing some detective work when preparing for a job interview.
- Point out there are many websites that can help job applicants prepare for a job interview.
- Assume you unemployed and have scheduled a job interview with a human resources manager for a bank teller position at a local Bank of America branch. What would you do to prepare for your interview?
- What traits or skills do you have that would make the bank want to hire you for this position? How can you tell or illustrate your traits and skills during the interview process?
Studies reveal that most people do not enjoy their work. In an effort to enhance your career satisfaction, career coaches recommend answering these questions on a regular basis:
- Am I doing something that is aligned with my core values?
- Am I doing something that leaves a lasting impact?
- Am I doing something that is related to my natural talents, aptitude, and disposition?
- Am I stretching myself a little every day?
- Can I see myself doing this same work five or ten years from now?
Responses to these questions will allow you to make a better connection between your passion and meaningful work activities. To assess your strengths and interests, use tools such as the Myers-Briggs personality test, Pathway Planner, StrengthsFinder 2.0, and the Enneagram personality assessment. While aligning your work with your talents, aptitude, and dispositions, also continue to challenge yourself.
For additional information on career assessment questions, click here.
- Have students ask others for their answers to these career questions.
- Have students research various careers that who allow them to make a better connection between their passion and meaningful work activities.
- What are actions a person might take to plan for a satisfying career?
- How might a person research careers that provide meaningful work?
Trick questions are designed to help hiring managers get to the real person who is being considered for employment. Using well-chosen questions, the interviewer can obtain a true profile of the person being interviewed. These questions are also designed to obtain information that the candidate may be trying to conceal. Some common interview questions that might seem tricky but are used for attempting to gather valid information include:
- How would you describe yourself in one word?
- What do you want to work here?
- How do you define success?
- What’s a difficult situation that you encountered? What actions do you take?
- How does this position compare to others you are applying for?
- Why do you want to work here?
- What accomplishment are you most proud of?
- What kind of boss and coworkers have you had the most and least success with, and why?
- Have you ever considered being an entrepreneur?
- If you could work for any company, where would you work?
- What would you do if you won $5 million tomorrow?
- Have you ever been asked to compromise your integrity by your supervisor or colleague?
- Can you give us a reason someone may not like working with you?
When encountering these questions, career experts recommend answers that are honest, concise, and focused on your skills, competencies, and achievements.
For additional information on tricky interview questions, click here.
- Have students ask another person interview them using some of these questions.
- Have students obtain sample interview questions and effective interviewing techniques using online research.
- What are common mistakes when answering interview questions?
- How might a person improve their interviewing skills?