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Giving Yourself Some Breathing Room

As you grow in your career, finding a new job can become harder and harder. One of the big reasons for this has to do with salary. If you think about it, when you first started working, you were open to just about any job and would happily take a tiny paycheck. But, as you’ve progressed in your career, your requirements have evolved.

One of the most challenging situations job seekers face is when they want to leave a job, but are financially unable to. There are two main reasons for this. First, the job seeker may live right up to their means. In other words, they may spend all of the money they make each month. Second, the job seeker may not have a safety net in the form of an emergency fund.

A job seeker with no emergency fund who needs every dollar to pay their basic bills feels trapped. The worst is when they’re being treated poorly at work – in a way that’s definitely not acceptable – but, they feel unable to change it. It can leave them feeling helpless, as if they’re being suffocated.

One of the best ways to protect yourself from feeling trapped is to do two things. If at all possible, scale back your fixed expenses. Then, take the extra money you’re saving each month and begin to put it into a savings account. That account will serve as an emergency fund. Ideally, it should have at least six months of living expenses in it. A savings account is recommended because it will be protected from market fluctuations.

Creating an emergency fund takes time and dedication. It’s not something you can do overnight, and it’s not easy. But, if you’re feeling stuck in a bad work situation, think about how much differently you might feel if you knew you had six months of living expenses in an account – just in case.

The benefits of an emergency fund can’t be overstressed. Having a backup plan gives you room to breathe, even if you never need it. And, that creates financial freedom. It gives you the power to walk away if you truly are being mistreated at work.

Along these same lines, when you land a new job that pays more, don’t immediately jump to increase your fixed monthly expenses. A new house or car may be tempting, but give yourself a chance to decide that you really like your new job first – and that they like you. The last thing you want is to have a job not work out, but you have new bills that require a higher income.

The bottom line is this. Things can (and will) go wrong at work. Any number of things could happen. You may get a bad boss. Your company may go through layoffs. But, if you manage your finances carefully, you’ll give yourself an out. And, in the end, you’ll create both breathing room – and emotional freedom – at your job.

Angela Copeland is CEO and founder of Copeland Coaching and can be reached at CopelandCoaching.com or on Twitter at @CopelandCoach.

121 | Finding Your Path – Michelle Cho, Gladeo in Los Angeles, CA

Episode 121 is live! This week, we talk with Michelle Cho in Los Angeles, CA.

Michelle is the founder of Gladeo, a non-profit dedicated to bridging the gap between education and a career path The website offers students assistance in selecting a career path, choosing a major, and offers options on different entry level positions.

Today’s episode is geared for parents with young adult children struggling to find their path, and young listeners. Michelle shares why she believes it’s so hard to make the leap from education to career. She also shares information about how to begin to make the jump, and how to research different careers online.

Listen and learn more! You can play the podcast here, or download it on Apple Podcasts or Stitcher.

To learn more about Michelle and her organization Gladeo, check out her website at http://www.gladeo.org/. You can also find her on Facebook at https://www.facebook.com/gladeo.org or on Twitter and Instagram at @gladeo_org.

Thanks to everyone for listening! And, thank you to those who sent me questions. You can send your questions to Angela@CopelandCoaching.com. You can also send me questions via Twitter. I’m @CopelandCoach. And, on Facebook, I am Copeland Coaching. Don’t forget to help me out. Subscribe on Apple Podcasts and leave me a review!

 

Have you ever wanted a work from home job?

Have you ever wanted a job where you can work from home, a coffee shop, or the beach? If so, you’re not alone. In just the past two years, searches for remote jobs have grown considerably.

Below is a graph that represents the growth in searches for work from home jobs on job website Indeed.com. As you can see, interest is going up fast.

This is great news, for both the job seeker and the company. Remote working allows the job seeker to do their job from any environment that works for them. It can be helpful for parents with small children, people who want to live in a specific area (where certain jobs may not exist), and for those whose spouse must relocate frequently for work.

Hiring remote workers allows the employer to have a broader base of applicants. And, if done right, the employer can save money on things such as office space.

I hope that in time, more and more remote jobs will be created. Very often, deciding whether or not to move to a new job’s new location is the biggest struggle the job seeker faces. Just think of how many more jobs you might be interested in if you didn’t have to move.

With that said, the question becomes — How do I find a remote job?

The honest answer is, there isn’t a perfect solution to this issue — yet. There are still many job postings out there listed as “remote” that aren’t as legitimate as you’d assume they are. Whatever you do, be sure to do your homework when it comes to remote jobs. You want to know as much as possible about the company in advance.

To find remote opportunities, search on sites like Indeed.com for jobs located in “remote” or “work from home.” This is what I mean:

Another option is to do research on companies that have entire departments that are remote. Some companies, including Bank of America, have entire departments that have employees working from home. This is a great situation, because you won’t be the odd man out when the entire department works remotely.

The last option (which is rarely thought of) is to pitch your current employer on the idea of you working remotely. Now, you do need to be careful with this option. You don’t want to give the impression that if the company doesn’t go along with your request, you’ll leave. But, I have seen multiple highly respected employees gain permission to work remotely at their current job. It allows the employee to relocate to another area, and to work from home. In the cases where it works, the employer is able to retain a great employee. And, the employee is able to have the personal flexibility they’re seeking.

If working from home is on your goal list, don’t stop looking. These jobs will continue to grow in the future. But, as I mentioned before, do your homework! It can be harder to tell a legitimate company from others in a remote environment.

I hope these tips have helped you. Visit CopelandCoaching.com to find more tips to improve your job search. If I can be of assistance to you, don’t hesitate to reach out to me here.

Also, be sure to subscribe to my Copeland Coaching Podcast on Apple Podcasts or Stitcher where I discuss career advice every Tuesday! If you’ve already heard the podcast and enjoy it, please consider leaving a review in Apple Podcasts or Stitcher.

Happy hunting!

Angela Copeland
@CopelandCoach

 

Overcoming legal issues in your past

Questions around past legal trouble has come up multiple times recently, so it’s worth addressing. A reader writes, “I’m a job seeker with a felony record, and a college degree. I can’t expunge the record, and I’m not sure what to do. Where should I begin?”

First, I’m sorry to hear that this is a common issue being faced in the work world. It can be difficult both from the employee and employer perspective. One common scenario is someone who made a mistake at a young age who has learned from the experience, has grown up, and has moved on. Unfortunately, their past legal record has not.

In the competitive job market we’re in, even if those past issues should be in the past, they may still impact your ability to land gainful employment. People hire people, and people have biases. Given this challenging reality, here are a few tips if you find yourself in this situation.

First, check to be sure there’s no possible way to clear up your record. Then, begin to work on your job search strategy.  Much like someone just starting their career, you will need to prove yourself to a future employer. And, one very good way to do that is through relationship building.

Start out with a list of potential employers. Consider targeting employers that are relatively small, so you may be able to connect with the owner, executives, or hiring managers more easily. Look for opportunities to network within these companies, and within your target industries. You want to get to know decision makers.

Consider volunteering your time in the community. Work on projects that demonstrate leadership, and personal growth. Include these accomplishments on your resume. They will help to build a positive brand, and show the person you are now.

The overall goal is this: Rather than be another number who applies online, you want to be someone the company already knows and trusts. If they know you, when they have a job available, they may even call you before the job is posted. You want to be someone they know can get the job done.

And, when asked about your past, be honest, but brief. Share as much information as the company needs, and if they ask more questions, answer them honestly. Then, explain how you have learned, grown, and moved on. The most important thing is that your future employer trusts you, and by being open and honest, you are more likely to build that trust.

This situation is a difficult one, but it’s not impossible. Remember that every job seeker has something in their past that worries them about getting a new job. It may be their age, their lack of a college degree, or something else. Rarely does anyone have a perfect background. I realize that this is more difficult than the other examples, but relationship building with decision makers can make it much easier. It make take more time and more effort, but it’s worth it in the end.

Angela Copeland is CEO and founder of Copeland Coaching and can be reached at CopelandCoaching.com or on Twitter at @CopelandCoach.

120 | Personal Brand Building – Jenny Hargrave, InterviewFit in Guildford, UK

Episode 120 is live! This week, we talk with Jenny Hargrave in Guildford, United Kingdom.

With over 15 years of experience, Jenny helps companies attract and retain sought-after talent in competitive sectors through her executive search firm. She also assists job seekers by helping them to develop a strong personal brand through their CV, professional profile, and face-to-fact interviews at her firm InterviewFit.

On today’s episode, Jenny shares her tips on how to build your personal brand, and how to prepare for a successful Skype interview. She also helps us to understand the concept of a ‘personal statement,’ and gives us tips for how to relocate from the U.S. to Europe for work.

Listen and learn more! You can play the podcast here, or download it on Apple Podcasts or Stitcher.

To learn more about Jenny and her company InterviewFit, check out her website at http://www.interviewfit.co.uk/.

Thanks to everyone for listening! And, thank you to those who sent me questions. You can send your questions to Angela@CopelandCoaching.com. You can also send me questions via Twitter. I’m @CopelandCoach. And, on Facebook, I am Copeland Coaching. Don’t forget to help me out. Subscribe on Apple Podcasts and leave me a review!