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3 Reasons You’re Struggling in Your Job Search

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I’ll get right to it; the top 3 reasons why job seekers struggle with their job search are:

  1. How you talk to yourself.

The most important factor predicting success isn’t your situation but what you tell yourself about it.

Your mind never stops talking to you. Your internal dialogue (a.k.a. narratives) determines your actions, beliefs, values, and moods. If you tell yourself, “Hiring managers won’t hire me because I’m overqualified and they think I won’t stay long,” you aren’t getting to the actual “whys” of why you’re not getting interviews. Instead, you’re expressing the beliefs that absolve you from being responsible for your actions. It’s easier to blame being overqualified than considering your LinkedIn profile, resume, interview skills, or lack of professional network as possible reasons why you’re not getting hired.

Say to yourself: “I have lots of qualifications and experience. It’s just a matter of finding an employer who views my qualifications as an asset, not a liability. There’s an employer out there who’ll hire me!”

Your mental narratives can inspire you or deplete you. A slight shift in your mindset can spark a cascade of changes so profound that you’ll be speechless. As a job seeker, firmly believe, “What you believe, you’ll achieve.”

  1. Your expectations.

Having realistic expectations is the key to happiness. This is especially true when job hunting. Your expectations determine your attitude. You tend to have a positive attitude when your expectations are met or exceeded. The reverse is also true: You tend to have a less-than-stellar attitude when your expectations aren’t being met.

Often, I see job seekers attempting to duplicate their previous position, thus prolonging their job search. 15 years ago, you won the job search lottery. In your last job, you earned a base salary of $110K, plus an annual $20K bonus, full medical coverage, stock options, 3 weeks of paid vacation time, and 10 sick days. Unfortunately, you were downsized and therefore forced to move on.

Due to my pragmatic nature, I assume your goal is to get back to work ASAP. You don’t want to spend all your savings or go into deeper debt during your job search. The shorter your job search, the better; therefore, look for low-hanging fruits. $75K jobs are much easier to land than $110K jobs. (You don’t need to keep a $75K job forever, right now, all you need is income.)

Before beginning your job search, consider the compensation you require to cover your needs (not your wants). By eliminating or curtailing your “wants to spend,” you’ll be able to live on much less.

Ask yourself if maintaining the lifestyle you’ve created is stressing you out. Is the effort to hold on to your lifestyle worth it? Does your lifestyle make you happy or cause anxiety? Do the benefits of climbing the corporate ladder outweigh the mental fatigue caused by constantly navigating office politics and working long hours to appear like a “team player”? Can you imagine living a simpler lifestyle, thus needing less money, making you calmer and happier?

A short as possible successful job search requires having realistic expectations—realizing there’s fierce competition for the few “desirable jobs.”

  1. Not looking for your tribe.

Here’s my best job search advice: Don’t look for a job; look for where you belong. Look for your tribe!

I know an ex-midlevel marketing executive and avid golfer who worked for a large global consumer goods company. He was aiming to become the next regional vice president. Thus, he put up with traveling, backstabbing office politics, and dealing with department heads who had agendas of their own. A shuffle in the leadership led to a new boss. Eight months later, at 49, he was shown the door. More than once, he told me that golf kept him sane. Today he manages a local Golf Town store, says he’s happier, and his golf game has improved.

Is he making as much money as he used to? No, but he’s in a better place than before. Isn’t that worth something? I’ve experienced working for “the money” versus working where “I belong.” Working where I belong is much more satisfying and better for my well-being than working for money and being miserable.

Consider what you’re passionate about. Which values matter to you most? What skills do you enjoy using? Look for companies where you’ll be a natural fit.

Making finding where you belong a priority throughout your job search is the best compass you can use.

______________________________________________________________

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers advice on searching for a job. You can send Nick your questions at artoffindingwork@gmail.com.

 

Business

Cineplex reports $24.7M Q3 loss on Competition Tribunal penalty

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TORONTO – Cineplex Inc. reported a loss in its latest quarter compared with a profit a year ago as it was hit by a fine for deceptive marketing practices imposed by the Competition Tribunal.

The movie theatre company says it lost $24.7 million or 39 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $29.7 million or 40 cents per diluted share a year earlier.

The results in the most recent quarter included a $39.2-million provision related to the Competition Tribunal decision, which Cineplex is appealing.

The Competition Bureau accused the company of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they purchased seats online, a view the company has rejected.

Revenue for the quarter totalled $395.6 million, down from $414.5 million in the same quarter last year, while theatre attendance totalled 13.3 million for the quarter compared with nearly 15.7 million a year earlier.

Box office revenue per patron in the quarter climbed to $13.19 compared with $12 in the same quarter last year, while concession revenue per patron amounted to $9.85, up from $8.44 a year ago.

This report by The Canadian Press was first published Nov. 6, 2024.

Companies in this story: (TSX:CGX)

The Canadian Press. All rights reserved.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

The Canadian Press. All rights reserved.

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.

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