Layoffs and hiring freezes are growing rapidly, but the labor market is still strong. Some workers are implementing a new concept called "career cushions" to prepare themselves in case of an unexpected job loss. According to LinkedIn statistics, members added 365 million skills to their profiles in 2022, which is a 43% increase from the previous year.
Many employees are "career cushioning," which means they actively seek new employment opportunities and plan to transition out of their current position as soon as possible. The term cushioning is borrowed from the dating approach that involves considering other choices to soften the shock of a breakup. In the workplace, this expression means preparing for the unexpected by keeping your options open and ensuring you have a safe place to land. Career cushioning includes preventative measures, like updating one's skill set, networking, and applying for open positions.
In this week’s career advancement edition of The Free Retree Show, career advisor Sergio Patterson shares how career cushioning can help you prepare for a job loss. Get tips on how to safeguard your career through career cushioning!
What you’ll learn in this episode:
The Remote Company Culture Shift: Key Factors that Make or Break It
Unlocking Life’s Wealth: Prioritizing Time Over Money for Lasting Happiness and Fulfillment
Managing Money During Times of War
Unlocking Financial Freedom: A 10-Step Blueprint to Financial Success
How to Find Great Real Estate Deals w/David Lecko
Unmasking the Mindsets Holding You Back from Financial Success
Unlocking Growth: Mastering Peer & Manager Feedback for Personal Development
How to Thrive in High-Interest Times: Short and Long-Term Financial Strategies
7 Tips to Stand Out in a Competitive Job Market
Should You Buy Travel Insurance ?!?
8 Strategies to Combat Inflation w/Lee Murphy
Coping with Grief at Work: Embracing Mindfulness and Resilience w/Carina Hellmich
Debunking 10 Common Misconceptions About Money & Wealth
Career Growth and Opportunities: Knowing When It’s Time for a New Role
Escaping Credit Card Debt
2023 Mid-Year Economic Report Unveils Key Factors for the Second Half
How to Perform a Financial Wellness Check
Crafting the Perfect Resume: Strategies for Effective Job Applications
Retirement Account Blunders Unveiled: Avoiding Costly Mistakes!
Effective Communication Strategies: Engaging Juniors, Peers, and Leadership for Success
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