>The
first step
>The boss might be listening
>A graceful exit
>Important Points to Smooth Your Transition
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Look Before You Leap |
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By Jim Carman April 2006 Online |
Not every employee has the patience
of former University of North Carolina basketball coach Bill
Guthridge. Before ascending to the top spot in the men’s basketball
program at Chapel Hill, Guthridge spent 30 years as an assistant
coach under Dean Smith, doing his job well in a program that was
consistently among the nation’s best. By the time he retired in the
spring of 2000, Guthridge had amassed a head coaching record of 80
wins and 28 losses and was only the sixth person in NCAA history to
play on a final-four team and then direct a final-four squad as head
coach. His story reminds us that organizations are full of
underappreciated people who need only a chance to showcase their
talents. Moreover, it reaffirms the idea that ceaseless
self-promotion and perpetual job-hopping might not be the best
strategy for getting ahead.
But it would be naïve to think every employee can find the perfect
employer for a 30-year ride, as Guthridge did. Careers never develop
predictably, and there are no hard and fast rules to live by in the
free-agent economy. In his recent book, Promoting Yourself (Free
Press, 2002), nationally recognized career coach Hal Lancaster
reminds his readers, “If you’re in a position where you can’t grow
through more responsibility or technical knowledge, you have to
think about a change.”
Additional situations that argue for a career change include: a
cultural mismatch with your employer, changing work-and-life balance
imperatives, an impending merger or post-merger trauma, recognizing
the job is not what you expected, a bad boss, the need to follow a
relocated spouse, a dearth of close friendships at work, or ethical
conflicts in the workplace.
A final factor to consider before you start looking for a new job is
your time in your current job. Although less of an issue in this era
of ubiquitous start-ups and continuing economic expansion, a résumé
that reads like a rock group’s world tour will make some hiring
managers nervous. Still, decision-makers are more concerned with
your accomplishments and why you’re ready to move on rather than
with your timing. In general, staying in your current job at least a
year and a half easily can span two calendar years on your résumé
and allay job-hopping concerns.
The first step
Of the many factors that affect
success at work, the alignment between the personality, style,
values, and culture of our workplace are probably the most critical
factors for professional success and happiness. These are the
factors that most often lead to job failure. By contrast, those who
are the happiest and most satisfied in their careers usually work in
organizations or with clients whose values are aligned closely with
their own.
Accordingly, the first step in the decision to move on — and also a
good first step in your transition from military service — should be
to take stock of your professional values and develop a clear
understanding of what is important to you. You should know your own
values before contemplating a professional change.
Elements of your personal style and values most likely include some
mix of passion, skills, money, status, organizational position,
intellectual stimulation, making a difference for the greater good
of society, tolerating mistakes, high ethical standards, respect for
others, and a willingness to suspend judgment and consider fresh
alternatives.
Sherrie Taguchi, a career development professional and the former
director of MBA Career Management at the Stanford Graduate School of
Business, gives this advice to all of her clients: “Be honest with
yourself and prioritize your values. Write them down so you have
them to refer to when you are evaluating organizations and offers.”
If you find good alignment between the culture of your current
employer and your professional values, maybe all you need is a
little patience and rejuvenation, rather than a reckless job change.
Lancaster writes, “The task of building a career is replete with ups
and downs, hurdles and roadblocks, luck and misfortune.”
Accordingly, a move to new responsibilities with the same employer,
a leave of absence, assuming a mentoring role for new employees,
volunteering outside of your day job, or even a good vacation can
often renew your enthusiasm and passion for work.
Moreover, consider the possibility that personal issues could be
spoiling your interest in your work. Do you really hate your job, or
is something else wrong in your life? Erin White, author of a weekly
Wall Street Journal essay about recruitment, pay, and getting ahead,
recently reminded her readers to “look at all of the factors to make
sure [you’re] not making one decision to solve another problem.”
White sees many people in miserable marriages who think they can fix
their personal lives by changing professions.
The boss might be listening
If you’re convinced your current
position isn’t a great fit, then it’s important to remember the
first rule of job-hopping: Don’t give short shrift to your current
job. This doesn’t mean you shouldn’t be looking as long as you’re
gainfully employed, but it’s worth remembering that your current
employer expects your full attention every day, and — though it
might seem unlikely now — you might want to return to your current
employer someday. Keeping both of these imperatives in mind
throughout your job search will enable you to say goodbye with grace
and leave your current job on good footing.
Unfortunately, the modern cubicle culture makes it far more
difficult to keep your job hunt secret. Open office layouts
complicate your efforts to conduct discreet job-search phone calls.
Casual dress codes make your new interview attire stand out like
Bermuda shorts on the Front Four in Stowe, Vt. In addition, many
employers are using inexpensive monitoring software to track their
employees’ online activity, e-mails, and instant messaging.
All of this argues for great discretion and leads to the second rule
of job-hopping: Never use your company’s equipment or e-mail account
while you’re in the job hunt.
The proliferation of nontraditional work arrangements makes it
easier than you think to keep your job search off the office radar
screen. Relaxed attitudes toward telecommuting can give you some
private time every week away from the office to network, return
phone calls, and even do job interviews far removed from the
scrutiny of coworkers.
In addition, if you choose to work with a retained or contingency
recruiter, be certain to discuss your privacy concerns with your
headhunter. When posting your résumé in a Web-based job database,
keep your identity as secret as possible. For example, Monster.com
allows candidates to hide their name and contact information in the
job posting. This popular job-search Web site sends you an e-mail
when someone shows interest in your résumé.
Airport clubs are another danger zone, particularly if your current
employer has a group travel contract with the predominant hometown
airline. Many covers have been blown thanks to a coworker stumbling
into a networking meeting or job interview at the local airport VIP
club.
Additional tactics to help protect your privacy include varying your
office wardrobe to make your interview suit less conspicuous, using
your cell phone for all of your networking and job-search contacts,
stretching your lunch hour a bit to accommodate your job search, and
carrying a personal laptop computer for efficient Web and e-mail
access at the local hot spot near your office.
For the ultimate in privacy during a job search, White recommends
“you splurge and book a hotel room near your office for the day.
This unconventional arrangement makes sense if you can’t work from
home, dislike using a cell phone to call potential employers, and
lack a private office at work.” Further, many hotel chains offer
day-room rates at a fraction of their standard overnight rate.
Finally, don’t be too quick to discuss a possible departure with the
human resources department. Although it’s tempting to have a
working-level discussion to clarify the procedures for handling
unused vacation time, profit sharing, and bonus payment policies for
departing employees, human resources professionals are under no
obligation to maintain your confidentiality. In most cases the best
resources for this type of information are trustworthy friends who
recently have left your company.
A graceful exit
Balancing the competing priorities
between your current job and your job search is not unlike the
challenge facing a speed skater on a dark river — always striving to
avoid the ruts and leap over the barricades that trip up less nimble
competitors. And at some point, though there still are many
uncertainties in your mind, you have to make a decision and tell the
boss you’re leaving. The best advice for this stressful conversation
comes from Mark Twain: “When you are confronted with a difficult
decision, do what is right. You will please a few, and you will
amaze the rest.”
Your boss will appreciate hearing the news from you. Although a
two-week notice is rarely a requirement, it is widely viewed as
common courtesy. Walking out in the middle of the night shift to
avoid an uncomfortable confrontation is rude, unprofessional, and
ensures you will never be invited back. Unveiling your plans with
style and class also might work to your advantage if some of your
separation benefits are negotiable, such as transition life
insurance coverage or payment for unused sick days.
Discuss your reasons for leaving in positive and nonconfrontational
terms. It’s hard to criticize someone for moving on to improve his
or her career. Emphasize the opportunity your new position might
offer for broadening your professional growth, expanding your
responsibilities, reinforcing a weak area in your résumé, or
permitting better balance between work and personal
responsibilities.
In addition, your stature will be enhanced if you offer to be
involved in the selection and transition of your work to your
successor. Underscore your commitment to handling your day-to day
responsibilities through your last day, offer to be available for
consultation and assistance to your successor after you depart, and
consider preparing a transition plan to seamlessly meld your clients
and your successor into their new professional relationship.
Most of us are familiar with the 80-20 rule in business — 80 percent
of your sales come from 20 percent of your customers, or 80 percent
of your people issues come from 20 percent of your employees. In her
recent book, The Career Troubleshooter (American Management
Association, 2006), Taguchi encourages readers to apply the 80-20
rule in their career planning by “taking on roles that 80 percent of
the time allow you to draw on your strengths, prior experience, and
core skills. The other 20 percent of your efforts should take you
out of your comfort zone.”
Your successful job search and transition will take you way outside
of your comfort zone and stretch you professionally. However, the
potential benefits are huge, including a reenergized professional
network, refined communications skills, and enhanced confidence and
resilience. Best of all, your efforts will invariably lead to better
opportunities. In fact, the hardest part could be taking the first
step.
Important Points to Smooth Your Transition
■ Always carry a current résumé.
It’s as indispensable as your business card for a successful job
hunt.
■ Improve your timing.
Make your networking calls early in the morning or late in the
afternoon when people are more likely to be answering their own
phone.
■ Look at retirement savings
plans. Check the timetable for significant company
contributions. It might be worth delaying your departure to get your
share.
■ Plan for transitioning
your tax-deferred retirement accounts. The most flexible and
tax-advantaged option is to roll the funds into an individual
retirement account, which lets you choose from a wide range of
investments.
■ Consider flexible spending
accounts. These accounts allow employees to ear-mark pre-tax
income for health care and day care expenses. Your annual
contribution is withheld by your employer on a monthly basis. If you
spend the entire annual contribution before it’s deducted and then
switch jobs, you are not required to repay the difference.
■ Look into health savings
accounts. To be eligible for a health savings account, your
employer must have a qualifying high deductible health plan. If you
leave your current job, you take the money with you — including
employer donations.
■ Learn about health
insurance. Departing employees may extend old benefits under the
COBRA law, which allows continued coverage at group rates for up to
18 months.
■ Consider your stock
options. A 90-day deadline is common from your last day at work
to exercise vested stock options. If you’re given a batch of
options, it’s likely that 25 percent will vest each year for four
years, and non-vested options will be forfeited.
■ Be careful during your
exit interview. You’re balancing on a tightrope between
constructive criticism and a badly burned bridge. Don’t spoil your
reputation with poorly chosen comments.
About the author: Jim Carman is a graduate
of the MIT Sloan School of Management and a retired Navy captain. He
writes and lectures about career transition issues.
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