Q&A: Your Career In The Age Of Trump

(This column is posted at www.StevenSavage.com and Steve’s Tumblr)

OK Donald Trump is President-Elect. So I’m going to discuss what that means for your career, in a helpful Q&A format inspired by John Scalzi.

Why the hell are you writing about careers right now?

It is kind of what I do.  Geek Job Guru thing and all.

OK.  Uh, you know I didn’t vote for Trump.

I’m kind of guessing you didn’t if you’re reading my writings.  I don’t think I attract a lot of modern “conservatives.” But hey, whatever.

Fine.  Sure.  OK, what do you think Trump means for careers and the economy?

Trump’s thin-skinned, egotistical, easily-distracted, surrounding himself with terrible people, and easily manipulated.

Christ.  So anything good about this?

Trump’s thin-skinned, egotistical, easily-distracted, surrounding himself with terrible people, and easily manipulated.  This means people are going to be trying to control him and hopefully their various agendas will conflict enough to keep this from becoming a disaster.

Yeah, OK, uh . . . let’s talk about careers.  So what’s your basic view of the economy?

First of all, short-term, I think we’re good for about a year.  The economy is going good new, I’m not sure how much it can be screwed up short-term, and the above mentioned conflicts may help us.

In the next two years or so I’ve been expected a mild recession anyway merely because things have been going decently for awhile and I figure some kind of snag is due. There’s a few areas I’m concerned about like student loan debt and areas with continued sub-employment on top of this, so yeah, I figured we have a recession coming up no matter what.

The big issue twofold. First, past a year out I think we’re likely to see a Trump Administration create too much economic and political chaos, and I don’t see any stimulus proposals that create actual stimulus coming out of this. In the next four years I’d expect a serious recession, and it’s probable that mild one I predicted will be far more severe.  I’m also concerned about changes to bank regulations leading to a repeat of something like 2008 in the next four-six years.

So past 1 or 2 years we’re going to have somethig go wrong.

Well that’s depressing.  Are you saying that past one year out we’re going to have something bad happen, maybe twice, and some of the bad might be Voltroned together?

Pretty much, barring some radical changes or good luck.  Now some of this is going to be highly regional, so keep that in mind, but we’ll all feel it.

Uh, so . . . what’s your career advice?

Get your act together in the next year.  If you have a career plan, work on it.  If you don’t, make one. Make sure you have a five-year plan for your career, what you can do, and what you need to learn to make it happen. Get your certifications.

In short, get your s**t together career-wise.

What if I’m just starting college?

Well hopefully you can ride anything nasty out.  Either way, plan accordingly and watch your debt.  That could be a real soul-crusher.

Any specific career advice?

  1. Make sure you research your career and know what to do, what you need, and where best to do it.
  2. Follow all my other job advice.

Basically, this next year or so it’s not just a time to do the right thing for your career but to do the hell out of it.  Up your game.

Sort of turn my career and job search up to 11?

I admire any disembodied questioner who can joke about Spinal Tap.

But seriously, this is the time to follow not just “some” job advice but all of it.  Get your act together – the most important thing I can reccomend if you do not have said act together is make a career plan and review your plan and progress monthly.

OK, I’m thinking of relocating to a different city or state for my job.  Any advice?

Pick carefully.  I’d pick a good “Megaregion” area or one with good connections to such regions.  Make sure there’s a functional economy and a reliable government at least on the City level.  Right now in this political climate local city and state issues are going to be very important – and an area of severe division.

A good guide to me is does the city/state you’re looking at have distinct, healthy identity, economic identity, and idea of itself.  New York is . . . well, New York.  Seattle is Silicon Valley II.  Silicon Valley is itself. Virginia has growing technical areas.

Also make sure you network immediately when you arrive, or have friends and family there.  Get connected, it’ll help you stay.

Act as if your move is probably permanent – but be open to doing it again.

Well I’m thinking of just leaving the country, I mean . . .

Yeah, well if you’re young getting some experience out of the country is a good idea.  However don’t go thinking leaving America is going to solve all your problems. Also don’t you think other countries are tired of being the “second choice” of Americans?

If you’re over 35, if you do want to work overseas, act like any move is permanent.  Because it may be after you’ve stayed out of the country for a few years.

OK, long-term.  Investments and retirement?

First of all I’d consult with financial professionals or train yourself to handle investments. I know enough to do simple investing (I use a portfolio of researched index funds), but you have to find what works for you.

Secondly, save the hell out of things.  I always keep a good buffer of non-invested money.

As for investments, *I* am sticking with my index funds and riding out any changes, but I’m looking very long-term.  Consider your risks when you do your research.

Man you sound pretty positive about all this! Are you?

Actually, no, I think Trump’s going to be a lousy president. I think we’ll get through it, but he’s going to be kind of like Bush II in that Republcians try and forget him.  It’ll then take 4-20 years to undo the damage, but we won’t fix all of it.

Its just my thing is providing advice. So I do what I can!

 

– Steve

Career Idea: Training, Certification, And Retention

(This column is posted at www.StevenSavage.com and Steve’s Tumblr)

In a recent discussion with some people on retaining and training workers, I noted a simple solution to getting people trained and getting them to stay.

“Why not support them in getting certifications?”

My logic is simple

  1. You need to train people.
  2. Training isn’t always fun.
  3. Certifications are seen as valuable to one’s career.
  4. Certifications often require training – and that’s probably more interesting than just some class.
  5. So a company that supports certifications gets people educated, and if those people aren’t big on training, they may like a certification better.
  6. People getting the certification feel valued (and trusted as certifications would make it easier to look for a job).
  7. People will feel confident because in case of a layoff or something they’re still more valuable. It’s insurance.

Imagine a workforce that knows it’s going to get valuable training and certifications? That they’ll have that extra information on their resume or in their job review? Even if a new job may be tempting, why leave a place that recognizes you and helps you improve?

(Besides, the longer you’re there the more loyal you may be.)

I had two companies support me in certifications, and it certainly affected my attitudes towards them – in a postiive way. Someone shelled out the money to get me certified, and both allowed me to get trained on their own time. It’s hard to turn that down, and I stuck with them both untilthe bitter end.

So consider that next time you’re trying to figure out how to get better employee retention, or get people trained, or even boost morale. Guaranteed certifications may be something to ty.

Though I’m still getting my acquaintances to try it out at least they’re listening . . . though maybe you’ll have more luck.

– Steve

Reflections On Becoming A Consultant

So as many of you know, round about last year I decided to give the consulting thing a go – possibly permanent.  I’d gotten tired of turnovers, layoffs, transformations, reorgs, politics, etc.  I took a 5% pay cut – and a return to 40 hour weeks – and gave it a shot.

The end result is I actually liked it.  Now let me note that I’m not giving up being a permanent employee (or my own business if anything works out).  My take was that if any contract resulted in an offer and I figure it’d work out since I’d been at the place awhile, I’d take it.  And, of course, if I stay a contractor who knows where I’ll be business-wise.

(I’d say of the places I’ve contracted at over the last 20 years, about one out of 4 were “worth making permanent” – they were all good, but some didn’t have the right opportunities).

But, still, for now and the foreseeable future I’m doing the contracting thing.  And there’s a lot to share.

Here’s what I’ve experienced with my shift to going contractor.

Medical Benefits: Not as big a pain in the backside as you’d think – many placement companies provide them, if only medical.  The big issue may be jumping between companies, so you’l need to stay on top of this, occasionally do short-time COBRA, or just go for your own.  It’s not horrible, but it’s a bit of work, and Obamacare makes it easier for many.

Other Benefits: Many contracting companies that focus on professionals offer people on longer-term assignments some pretty nice deals.  You may just have to bounce that 401K around (have your own investment plan)

Pay: Here’s where it gets interesting.  As a contractor I get paid hourly, and tend to work around 40 hours a week.  I also don’t get bonuses or stock usually.  But I found compared to being a regular employee I get an enormous amount of time back -and when that overtime comes in its pretty impressive.  Technically I’m making more per hour as a consultant considering that unpaid overtime of other jobs (stock and bonuses included)

Working With The Companies: If you’re selective, you’ll find most contracting companies you go with are good – and there’s a lost of god ones, especially in IT.  Most people are pretty chill, and if you do it right you can line up multiple assignments in a row – though be careful with time of year.  Speaking of . . .

Timing Is Everything: Openings are cycler, which can be a pain.  I had to switch companies due to work availability as my last contract ended before Thanksgiving.  My new and my old company were both awesome, fortunately.  However you need to know cycles in your industry.  Also have some liquid cash around for having a few weeks off here and there.

Train Yourself: One thing you may not get is training support and reimbursement, so that’s up to little old you to do.  That can be a pretty big chunk of change.  However . . .

Rates Can Be Generous If You’re Smart: Right now I’m making a decent wage for a good job, but you have to be smart and not get lowballed.  If you’re skilled and smart, you can break the average, and there is room for negotiation.  I’ve interviewed for some seriously crazy hourly amounts.

You Have To Have a Pitch: A good consultant has to know how to pitch themselves.  If you’re not going to do that it might not be for you – unless you get a really good representative.

People Treat You As Competent: One thing I’ve noticed over my years of contracting is that people usually give contractors more of a benefit of a doubt than employees.  This isn’t true of everyone, but I find it’s true more often than not.  For some people this can be very refreshing if, say, they had a bad layoff.

It Is a Career: A lot of people in Silicon Valley have a consulting phase of life, and some people will make it their career.  You can do this all/most of your career – if you plan.  People eve respect it.

It Can Help In Retirement: If you’ve been a consultant, then it’s a great retirement plan.  You can work smaller projects, intermittently, etc.  If you get good at it, you’ve got something to use into old age – I meet people consulting in their 70’s (and raking in a nice wad of cash)

It’s A Bit Of A Pain On A Resume: As you may have many short assignments this gets tough.  I keep a history of resumes, and put the most detail on the latest.

That’s my experience.  Hope it gives you some ideas!

  • Steve