One mistake that people seem to make repeatedly is to grossly underestimate the time it takes to find a new job. The majority of people take the attitude of "Hey, I'm going to enjoy my severance for a while and then later I'll think about getting a new job." Time flies when you're not working, and before you know it, time (and money) is up.
Here's a sobering rule of thumb: Career coach and author Katy Piotrowski says that it takes, in general, a month for every $10,000 you want to make. So if you're looking for a $50,000 job, you can plan on it taking five months--way longer than most severance packages.
Katy does have some good news in her forthcoming book, The Career Coward's Guide to Job Searching (which went to the printer yesterday): If you spend more than an hour a day working on your job search, you can shorten the time it takes to find a job. She recommends devoting six hours a day to your search (obviously, you can't do this when you've still got a job). In this way, you can shave months off your search time.
Meanwhile, in this tough economy, I think all bets are off. So, as they said in the Little House books, make hay while the sun shines.
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2 comments:
Three years ago, I was unemployed. I had left my college job at a family doctor's office and was hoping for my big break in publishing. From the time I left my job in April, it took about 5 months before I started my current job as an editorial assistant. I had to cut back drastically on my spending and was living off very little. But with a lot of patience and time, I found what I was looking for.
FinancialServicesCrossing Riview
Hi, I have searched for Finance jobs in may sited FinancialServicesCrossing and I want to state that '' FinancialServicesCrossing “ is a good source of jobs because it consolidates jobs from employer websites and every other job board out there--while other job boards concentrate primarily on charging employers to post jobs on their site. It also help in giving guidance to Job Seekers. It has jobs from the following fields
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