"Bonus Check" is Almost Here
Your holiday gift, or as some of you killjoys might call it, your well deserved from a heck of a lot of hard work “bonus check” is almost here. Many of you wait to make a career change until you get this beautiful lovely check in your hand. (Hmmm so what do you do when you get it by electronic transfer?) But as you all know, the check at this point is a done deal, and if you are thinking about making a change, this is a perfect time to start, and here is why.
For many, knowing the BONUS is now “in the bag”, and better yet soon in your pocket, takes a big obstacle out of your decision process. It makes it financially easier to make that long awaited change, and remember, for every change made, there is a new opportunity waiting.
The rush is on to get year end work done so that everyone can take a little time off to enjoy the last days of the year, how ever many days that may be. After the New Year SUPPOSEDLY everyone comes back charged and ready to tackle the coming year and all its challenges. This is a great time to join a new team. It lets you be part of process and face the new challenges together as part of the team. Lets talk more about why now is such a good time to see what is out there.
Q1 (first quarter) is traditionally a very busy hiring time, and this is for two reasons.
First, many people make career changes right after they get their bonus, so this by default forces employers to re-fill those vacancies. Many times the need is urgent as the vacancy can be a cog in the flow of the development. So for you, this means an opportunity, it means that company desperately needs to find “good people” fast.
Second, Q1 is usually when all the new business plans for hiring go in effect. Funds are released for new and sometimes long awaited needed positions. The new plans (even when fiscal budgets are in a different timeline) allots money for new positions. New open positions equate to new hiring, new opportunities.
Typically most of the management I deal with has already given me tentative specs to start the find for good people for after the first. Many are even interviewing now so that they can hit the ground running at the start of the New Year. My suggestion is as follows: if you are REALLY happy; you like your manager, position, work, and the company, then do not even think about making a change, In fact, if you are even within 20% of the aforementioned you should not be thinking about it. But if not, then get your resume ready. (See my past column that has great suggestions about how to best prepare a resume by going to www.edacafe.com and clicking on All Career Corner Articles at the bottom of my column on the home page). Remember, should you need a friendly person to talk to then call me. Never any pressure always-good advice. Your future is always paramount in the advice we give. Happy Holidays once again, and to all a good year for you and for EDA.