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Date: Tue, 28 Oct 2008 10:54:43 -0700
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http://www.usnews.com/articles/business/careers/2008/10/28/how-to-find-a-=
fallback-job.html=20



Tuesday, October 28, 2008

How to Find a Fallback Job
Secrets of a discreet search when you're already employed
By Liz Wolgemuth
Posted October 28, 2008
When layoffs loom, employees are often tempted to hide out until the =
tempest passes. Bad move. The private sector has shed nearly 900,000 =
jobs since January, and the unemployment rate is at a five-year high of =
6.1 percent-in part, because companies need cash and consumers aren't =
spending. The job shedding has become increasingly democratic-affecting =
a broad swath of business sectors, according to the September jobs =
report. "The U.S. economy is shrinking, and there will be many more =
awful reports like this," says Ian Shepherdson, chief U.S. economist at =
High Frequency Economics.

So, what if you suspect your job is next? To safeguard your income, you =
may need to stick your head up-discreetly-and start looking for a =
backup. Here are tips for searching out a job you're not sure you'll =
need:

Be careful. You're still employed, so discretion is key when you begin =
connecting with outside companies. Much depends on your employer's =
style, but if management finds out you're talking with competitors and =
your job is already in danger, that may be reason enough to let you go, =
says Brad Karsh, a former recruiter, now head of JobBound and JB =
Training Solutions.

It's simple enough to preface a conversation by noting that =
confidentiality is important to you. Most recruiters and hiring managers =
will understand. Nevertheless, Bill Belknap, a career coach with the =
Five O'Clock Club, says he tells his clients to always be prepared for =
word to get back to their employer.

Assess your level of interest. You can tackle a job opening just as you =
would if you were unemployed, or you can take a more passive =
approach-making contacts and passing along your r=E9sum=E9 while =
explaining that you're testing the waters.

If you would be willing to take a new job-because it meets your criteria =
or offers more stability-then you can follow the process through to the =
thank-you notes. But if you're so happy in your current job that you're =
not leaving until they kick you out the door, it's misleading to feign =
the interest of a true job seeker. "That could come back and bite you," =
says John McKee, a business coach and author of Career Wisdom: 101 =
Proven Strategies to Ensure Workplace Success. If a company puts time =
into preparing an offer, it expects that you're prepared to leave your =
current job if you get what you asked for.

Keep negotiations classy. Here's what not to do: You're offered a new =
job, which you accept (!). You tell your boss you're leaving; he or she =
counteroffers, so you go back and kiss off the outside bid. "To me, =
that's the cardinal sin of job seeking," Karsh says. "It is an absolute =
bridge burner."

Instead, if you get an outside offer, say "thanks" and ask for some time =
to think about it. Tell your boss the news and your plans to take the =
job-effectively resigning. If you get a counteroffer, you're free to =
choose between the two without breaking your word to either company.

Ask for security. An outside offer might give top performers some =
leverage. Despite rising joblessness, nearly 60 percent of hiring =
managers say their biggest challenge is finding qualified workers, =
according to a survey by Robert Half International and =
CareerBuilder.com. If your company values you, it might be willing to =
offer you an employment contract for a fixed period of time.

One note: Be careful bargaining for security with an outside offer =
you're not interested in, Karsh says. "You're playing a game of chicken =
with them, because they could call your bluff and say: 'Oh, go take =
it.'"

Know your employer. Understand your company's culture. Some companies =
won't negotiate unless employees have another suitor. Others will have =
you escorted to the door if they hear you've been interviewing with a =
competitor. "Some truly will say: 'Hey, enjoy the interview, and don't =
forget to pull your stuff out of your office on the way out, because =
you've just been fired,'" Karsh says. "Others may say: 'Oh, my gosh, we =
can't lose [her]-she's too valuable.'" But it's pretty risky to bet =
you'll be the valuable one.

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<BODY bgColor=3D#ffffff><FONT face=3DArial size=3D2><A=20
href=3D"http://www.usnews.com/articles/business/careers/2008/10/28/how-to=
-find-a-fallback-job.html">http://www.usnews.com/articles/business/career=
s/2008/10/28/how-to-find-a-fallback-job.html</A></FONT><FONT=20
face=3DArial> </FONT>
<DIV><FONT size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV>
<DIV id=3Dbranding-logo><A href=3D"http://www.usnews.com/"><FONT =
face=3DArial><IMG=20
alt=3D"U.S.News &amp; World Report"=20
src=3D"http://static.usnews.com/images/global/usn_logo.png"></FONT></A></=
DIV>
<DIV id=3Dbranding-timestamp><FONT face=3DArial>Tuesday, October 28,=20
2008</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV>
<DIV class=3Dcontent id=3Darticle>
<H1><FONT face=3DArial>How to Find a Fallback Job</FONT></H1>
<H2 class=3Dsubhead><FONT face=3DArial>Secrets of a discreet search when =
you're=20
already employed</FONT></H2>
<DIV id=3Dbyline><FONT face=3DArial>By <FONT color=3D#005497>Liz=20
Wolgemuth</FONT></FONT></DIV>
<DIV id=3Ddateline><FONT face=3DArial>Posted October 28, =
2008</FONT></DIV>
<DIV class=3Dbody>
<P><FONT face=3DArial>When layoffs loom, employees are often tempted to =
hide out=20
until the tempest passes. Bad move. The private sector has shed nearly =
900,000=20
jobs since January, and the unemployment rate is at a five-year high of =
6.1=20
percent=97in part, because companies need cash and consumers aren't =
spending. The=20
job shedding has become increasingly democratic=97affecting a broad =
swath of=20
business sectors, according to the September jobs report. "The U.S. =
economy is=20
shrinking, and there will be many more awful reports like this," says =
Ian=20
Shepherdson, chief U.S. economist at High Frequency =
Economics.</FONT></P><A=20
name=3Dread_more></A>
<P><FONT face=3DArial>So, what if you suspect your job is next? To =
safeguard your=20
income, you may need to stick your head up=97discreetly=97and start =
looking for a=20
backup. Here are tips for searching out a job you're not sure you'll=20
need:</FONT></P>
<P><FONT face=3DArial><STRONG>Be careful. </STRONG>You're still =
employed, so=20
discretion is key when you begin connecting with outside companies. Much =
depends=20
on your employer's style, but if management finds out you're talking =
with=20
competitors and your job is already in danger, that may be reason enough =
to let=20
you go, says Brad Karsh, a former recruiter, now head of JobBound and JB =

Training Solutions.</FONT></P>
<P><FONT face=3DArial>It's simple enough to preface a conversation by =
noting that=20
confidentiality is important to you. Most recruiters and hiring managers =
will=20
understand. Nevertheless, Bill Belknap, a career coach with the Five =
O'Clock=20
Club, says he tells his clients to always be prepared for word to get =
back to=20
their employer.</FONT></P>
<P><FONT face=3DArial><STRONG>Assess your level of interest.</STRONG> =
You can=20
tackle a job opening just as you would if you were unemployed, or you =
can take a=20
more passive approach=97making contacts and passing along your =
r=E9sum=E9 while=20
explaining that you're testing the waters.</FONT></P>
<P><FONT face=3DArial color=3D#ff0000>If you would be willing to take a =
new=20
job=97because it meets your criteria or offers more stability=97then you =
can follow=20
the process through to the thank-you notes. But if you're so happy in =
your=20
current job that you're not leaving until they kick you out the door, =
it's=20
misleading to feign the interest of a true job seeker. "That could come =
back and=20
bite you," says John McKee, a business coach and author of </FONT><A=20
href=3D"http://www.amazon.com/gp/product/1587368285?ie=3DUTF8&amp;tag=3Du=
sncom-20&amp;linkCode=3Dxm2&amp;camp=3D1789&amp;creativeASIN=3D1587368285=
"=20
target=3D_new><EM><FONT face=3DArial color=3D#ff0000>Career Wisdom: 101 =
Proven=20
Strategies to Ensure Workplace Success</FONT></EM></A><FONT =
color=3D#ff0000><FONT=20
face=3DArial><EM>.</EM> If a company puts time into preparing an offer, =
it expects=20
that you're prepared to leave your current job if you get what you asked =

for.</FONT></FONT></P>
<P><FONT face=3DArial><STRONG>Keep negotiations classy. </STRONG>Here's =
what not=20
to do: You're offered a new job, which you accept (!). You tell your =
boss you're=20
leaving; he or she counteroffers, so you go back and kiss off the =
outside bid.=20
"To me, that's the cardinal sin of job seeking," Karsh says. "It is an =
absolute=20
bridge burner."</FONT></P>
<P><FONT face=3DArial>Instead, if you get an outside offer, say "thanks" =
and ask=20
for some time to think about it. Tell your boss the news and your plans =
to take=20
the job=97effectively resigning. If you get a counteroffer, you're free =
to choose=20
between the two without breaking your word to either company.</FONT></P>
<P><FONT face=3DArial><STRONG>Ask for security. </STRONG>An outside =
offer might=20
give top performers some leverage. Despite rising joblessness, nearly 60 =
percent=20
of hiring managers say their biggest challenge is finding qualified =
workers,=20
according to a survey by Robert Half International and =
CareerBuilder.com. If=20
your company values you, it might be willing to offer you an employment =
contract=20
for a fixed period of time.</FONT></P>
<P><FONT face=3DArial>One note: Be careful bargaining for security with =
an outside=20
offer you're not interested in, Karsh says. "You're playing a game of =
chicken=20
with them, because they could call your bluff and say: 'Oh, go take=20
it.'"</FONT></P>
<P><FONT face=3DArial><STRONG>Know your employer.</STRONG> Understand =
your=20
company's culture. Some companies won't negotiate unless employees have =
another=20
suitor. Others will have you escorted to the door if they hear you've =
been=20
interviewing with a competitor. "Some truly will say: 'Hey, enjoy the =
interview,=20
and don't forget to pull your stuff out of your office on the way out, =
because=20
you've just been fired,'" Karsh says. "Others may say: 'Oh, my gosh, we =
can't=20
lose [her]=97she's too valuable.'" But it's pretty risky to bet you'll =
be the=20
valuable one.</FONT></P></DIV></DIV></DIV></DIV></BODY></HTML>

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