Tag: Success

What To Do If Your Company Gets Acquired

What To Do If Your Company Gets Acquired

corporate mergerThere’s nothing employees want to hear less than that their company is about to go through a merger or an acquisition. But in the tech sector especially, the shifting tides of the marketplace mean that these changes are a reality many people must face. While it’s tempting to bury your head in the sand until the rocky times are over, that’s simply not an option.

You want to swim — not sink — no matter what happens to your current job, and the key is to take action now and get prepared.

Let’s face the music: Mergers and acquisitions happen all the time. Perhaps your competitor wants to control the market share and snatches up your company without a second thought. Or maybe your company is already a market leader in a sector your competitor wants to break into. Whatever the situation, jobs are at risk during the transition, and that goes for the other company’s employees, too.

Finding out that change is afoot can come as a shock to employees and create an exceptionally stressful, tense environment. After all, mergers and acquisitions put your livelihood at risk. It’s no wonder that work atmospheres change instantly as soon as the news spreads.

The important thing to remember is that nothing’s set in stone until the leadership makes personnel decisions; it’s not a guaranteed death sentence to your job.

Don’t let your stress get the better of you, and seize this opportunity to build yourself a “lifeboat” to get you to your next job, if necessary.

While ideally, we’d all be perfectly prepared to get a great new job at the drop of a hat, that’s not the case for many people. Whether or not your business is going through a merger or acquisition right now, it’s smart to follow the steps below so you’ll never be caught off guard.

How to Survive a Merger or Acquisition

Get your finances in shape.
Planning a big purchase? Now’s the time to put that on hold. Eliminate any unnecessary spending and come up with a plan so you’ll be in good financial shape for the time it takes you to find a new job — just in case.

Refresh your resume.
It’s a great idea to always be updating your resume, but if you haven’t, start right now. You want to be ready to send it out to potential employers at the drop of a hat, especially if others in your same role will be on the job market at the same time as you.

Reach out to contacts.
Rekindle valuable relationships and reach out to new contacts that will strengthen your network. The sooner you do this, the better position you’ll be in if you need to let them know you’re looking for a new job.

Leverage HR.
Break out your hiring paperwork and see if you have any clauses written into it about whether your role can be laid off, severance pay, or non-compete agreements. Human resources mangers also often have a wealth of resources to help you find your next job, if necessary.

Keep your morale and work ethic high.
Show your superiors that you can take changes in stride by resisting the gossip and negativity that inevitably occur during mergers and acquisitions. You’ll make a great impression on those around you, which is a valuable edge to have during this transitional time.

 

About Stephen—-

Stephen Van Vreede is not your average IT/technical résumé writer. He provides career strategy and concierge job search solutions for senior (15+ years) (ITtechExec) and up-and-coming (NoddlePlace) (5-15 years) tech and technical operations leaders. Stephen and his team focus on building simplified, targeted, and certain career move campaigns, be it an external search or an internal promotion. He is co-author of UNcommon with career development leader Brian Tracy (June 2015). Contact Stephen directly at Stephen@ittechexec.com or send him an invite at https://www.linkedin.com/in/stephenvanvreede. To see whether Stephen and his team are a good fit for you, take their free (and anonymous) compatibility quiz, Is the ITtechExec Approach a Good Match for You?

Kick in the Pants: Work-Life Balance: What The Experts Are Saying

Kick in the Pants: Work-Life Balance: What The Experts Are Saying

work life balanceWork. Life. Balance. These are three of the most problematic words for employers and employees alike. How do you know if you have enough of it? Maybe you have too much of it? Are you working yourself to the bone? Or are people’s careers skyrocketing ahead of you because you focus too much on your personal life?

Experts’ thoughts on work-life balance are changing constantly, and the popular opinion on the subject is truly a moving target. That’s why we surveyed the latest information on the subject to report back to you how those three little words are being interpreted right now, in 2015.

Blurred Boundaries

Rarely are work and life two separate things these days, as Jacob Morgan of Forbes argues. As the expectation for being “always on” increases, so does the expectation that employees will find jobs they actually feel passionate about.

Smartphones Are Controversial

A major part of the blurred work/life boundaries has to do with technology, in particular, smartphones. But being constantly reachable on nights, weekends, and vacations isn’t always well-received by employees. As Fast Company reports, 65% of workers are expected to be reachable outside of work, but a whopping 35% of these employees feel they don’t have enough personal time.

A Little Imbalance Is Okay

As Entrepreneur author Boland Jones writes, “… for entrepreneurs, there’s very little delineation between the two parts of life.” Now that every employee should be thinking like an entrepreneur , we couldn’t agree more. When you’re in charge of your career and always thinking about what’s coming next, you might have work on your mind even when you’re not in the office — and that’s okay!

What’s important is that you connect the hard work you’re putting in with your overall career goals, not that you log long work hours just because everyone else is. When you can see the big picture and you like where you’re headed, it’s worth it.

The Real Skinny: Will Workplace Perks Make You Happier In Your Job?

The Real Skinny: Will Workplace Perks Make You Happier In Your Job?

workplace perksPeople in tech have one big benefit over people in other industries: the awesome workplace perks. We’ve all heard about the free meals, massages, and gym memberships that some companies use to herd all of the best talent their way. And yes, if your particular workplace doesn’t offer high-caliber perks, you might feel a little jealous, or even compelled to look for a more lavish workplace. But hold on for a second there: How do you know for sure that perks will actually make you happier at work?

We all know that money is not the same thing as happiness. If you’ve ever had a cushy job with a less-than-cushy boss, you also know that sometimes a paycheck just isn’t worth working in a toxic environment. Perks that save you money on things like groceries, exercise equipment, or daycare aren’t really that different from extra money in your pocket, and they certainly don’t guarantee a better relationship with your boss.

Most research shows that workplace perks don’t make much of a difference in employee happiness.

The top factors in employee happiness are often cited as fair pay, good working relationships, a sense of autonomy, and recognition for a job well done. When it comes to happiness, financial benefits are really only part of the equation. Of course it’s essential to be paid well for what you do — but do you really need all of the bells and whistles, too?

As attractive as a perk-filled workplace seems, it’s the quality of the perks —not the quantity — that really matters.

Not all companies can offer Google-level perks, and that’s okay. There are dozens of perks that reflect well on a potential employer, but have little to do with how much they are spending on extras. Oftentimes, these “quality” perks come in the form of workplace policies. Pet-friendly offices, casual Fridays, or summer hours, for instance, might not seem as glamorous as free lunch, but they actually might make a bigger impact on your day-to-day job fulfillment.

When you’re looking for your job, seek out perks that show that the employer actually cares about employees and isn’t just aiming to impress.

It’s easy to get starry-eyed when you’re in talks with a big company that offers tons of free stuff, but don’t mistake perks for the qualities you care about most in a job. Perks function in today’s world as a marketing tool that caters to potential employees. Some companies devote an extraordinary amount of time and resources into creating perks that will get your attention. This doesn’t mean that there’s anything wrong with the perks or the company — it just means that you have to take extra care not to let perks distract you from what’s actually important to you.

Before you jump ship and pick up a new, perk-laden job, challenge yourself to figure out what’s vital to you in your next role, regardless of extras. Perks are fun and interesting for a little while, but having the job you want in an environment you love is a better long-term move for your career and for you.

About Stephen—-

Stephen Van Vreede is not your average IT/technical résumé writer. He provides career strategy and concierge job search solutions for senior (15+ years) (ITtechExec) and up-and-coming (NoddlePlace) (5-15 years) tech and technical operations leaders. Stephen and his team focus on building simplified, targeted, and certain career move campaigns, be it an external search or an internal promotion. He is co-author of UNcommon with career development leader Brian Tracy (June 2015). Contact Stephen directly at Stephen@ittechexec.com or send him an invite at https://www.linkedin.com/in/stephenvanvreede. To see whether Stephen and his team are a good fit for you, take their free (and anonymous) compatibility quiz, Is the ITtechExec Approach a Good Match for You?

 

Kick in the Pants: 5 Ways You Can Start Thinking Like an Entrepreneur

Kick in the Pants: 5 Ways You Can Start Thinking Like an Entrepreneur

technical recruiter helps with IT resumeIf you’ve been taking a slow, leisurely climb up the career ladder, listen up: It’s time to stop being passive and start thinking like an entrepreneur.

These days, it’s no longer your employer’s responsibility to plan out the next 20 years of your career — it’s yours. Work is changing, and if you want to have a career you love, you have to change along with it. Entrepreneurial thinking is the new “must” for every employee, whether you’re the newest hire or the CTO, and it’s the way you’re going to make the most of your current job and your future career.

So how do you start thinking like an entrepreneur, even if you feel the furthest thing from it?

Trim the Fat.

Entrepreneurs are the captains of the proverbial ship, and dead weight will sink it. Toss inefficiency overboard so you and your company can get where you’re going faster.

Let Your Passion Guide You.

What part of your job inspires you and fills you with new ideas? Focus on what drives you, even if seems small at first, to ignite your passion and come up with creative solutions.

Banish Fear.

Take calculated risks to up your entrepreneurial ante. The movers and shakers of the IT world don’t move and shake because they play it safe; they have the confidence to take intelligent risks and to handle the consequences.

Share Your Vision.

Don’t save your brilliance for a later date, or somebody might beat you to the punch.

Be “The” Expert.

Are you the go-to person in your workplace when a problem arises? Aim to know more, work harder, and pitch in more than anyone else to be seen as a leader, not just another employee.

When you put these practices into play, you’re better equipped to be a knockout at your current job, but more importantly, you groom yourself for a future career that just might surpass your expectations.