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Redefining Stability

What is a stable job in 2011?  Does it exist?  Instead of lamenting the fact that there are not any stable jobs anymore, can we change our perspective and accept the fact that this doesn’t occur very often.  If we continue to look at the way things used to be or “should be”, it can be quite discouraging.

Here are some of the more common things I hear:chameleon

  • “The United States doesn’t make anything any more”
  • “Good paying jobs are hard to find”
  • “I can’t afford to take a job making less than I did before”
  • “There aren’t any jobs in my field in this area”
  • “I want a stable job”

All these statements might be true.  Perhaps this is the new normal.  What can be done?

While I realize we all have different levels of tolerance for risk and not all of us are cut out to be entrepreneurs- are there ways in which we can all generate multiple income streams?  I’ve written about this before

Developing A Career Insurance Policy

Diversify your Career Portfolio

Portfolio Careers for Multiple Income Streams aka Job Security

I have asked the question, would you put all your investments in the same pot?  No, we diversify our investments.  We do this because it is the smart thing to do.

The rules have changed. Lifetime employment no longer exists.  The sooner we can all adjust and accept this, the better.  Complaining and playing the victim doesn’t get you any further along.  They hold you in a terrible cycle where there is no movement.  There are ways to make it work.

On #HFChat yesterday, there was a discussion about temporary/contract work.  Questions were asked like, when would you consider taking a temporary assignment?  Is taking a temporary job damaging to your career? (Thanks to Margo Rose @HRMargo, Tom Boldt @tomboldt, Cyndy Trivella @CyndyTrivella and Steven Davis @recruit4u) And thanks for the dialog, Dawn Rasmussen @DawnRasmussen ,  Chris Fleek @ChrisFleek1, Kimberly Roden @Kimberly_Patt , Kristin Cardinal @WorkOnPurpose and Jenny Foss @JobJenny !

If you want to hear/see what was said during the #HFChat, here is the transcript

When you look at the uncertain future, employers are hesitant, in many cases, to hire a salaried employee.  However, with much less risk, they can hire a temp or contractor to perform work on a particular project. This is the reality and I am not the only one saying this will continue.

7 Personal Branding Predictions for 2011 by Dan Schawbel

Statistics About Employment-Is Your Job Secure? from HireFriday

The answer is?

Part 1 of the answer is acceptance.  It is what it is.

Part 2 is to start playing.

Realize that temp jobs are real.  They offer so many benefits.

  1. Keeping skills fresh
  2. Foot in the door at desirable company
  3. Interaction with other people
  4. Income (maybe not as much as you need, but some is better than nothing)
  5. Developing flexibility, resiliency
  6. Learning how to work in a new work culture/environment

I consider myself a realist, not an idealist.  What will it take for the workforce to accept and embrace this new normal?

Comments on this entry are closed.

  • business review April 19, 2011, 10:20 pm

    This means if a laid-off factory worker accepts temporary employment and then becomes unemployed again his or her unemployment benefits may only be based on the lower wages of the temporary position not the higher wages of the factory job. Again this benefit should be weighed against any potential loss of benefits connected with temporary employment. It may also give the chance to impress ones skills to the employer albeit temporarily.This sort of situation is common in every field of employment and should not be neglected…………..

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