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:
S1 EP92: Implementing Effective Long-Lasting Changes in Your Personal & Professional Life with Friska Wirya
S1 EP91: The Value of Passion and Purpose in Achieving Success w/Brian Burke
S1 EP90: Maximize Your Earning Potential with Sergio Patterson
S1 EP89: The Future Economy & Pursuing a Career in STEM with Justin Shaifer
S1 EP88: Advanced Tax Planning and Strategies with Mike Jesowshek
S1 EP87: The Importance of Networking with CFO Robert Bendetti
S1 EP86: The Current State of Social Security & Your Retirement with Prof. Laurence Kotlikoff
S1 EP86: The Current State of Social Security & Your Retirement with Prof. Laurence Kotlikoff
S1 EP85: Making Your Resume & Interview Memorable with Stephanie Nuesi
S1 EP84: Job Search 101: Leveraging Your Network with Trevor Houston
S1 EP83: Nailing Your Job Interview with Lakrisha Davis
S1 EP82: Making Big, Crazy Dreams a Reality with Jeremy Schneider
S1 EP81: How to Deal with Student Loan Debt: The Smart and Effective Way with Atty. Joshua Cohen
S1 EP80: The Importance of Having Soft Skills in the Workplace with MIT instructor Mark Herschberg
S1 EP79: Retirement Planning to Overcome the Threats Facing the US Economy with Prof. Laurence Kotlikoff
S1 EP78: How Women Can Find Their Voices and Be Heard in Corporate America with Rehmat Kharal
S1 EP77: Can You Afford to Go on Vacation? Financial Questions to Answer Before Taking a Vacation
S1 EP76: Success Mindset: The Habits and Traits of Successful People with Simon Parsons
S1 EP75: Value Pricing: A Business Model That Leads to Success with Ron Baker
S1 EP74: Biggest Investor Mistakes With Lee Michael Murphy
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