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Strategies, Tools, Actions, Resources
to Transform You into a Career Superstar
Vol. 3, Issue 6, December 2007

in this issue

New Job Regrets: Ensuring the Right Fit

Employment Trends: Biotechnology, Pharmaceutical, Health Care, and Science

Fast Facts


 

New Job Regrets: Ensuring the Right Fit

A report by Challenger, Gray, & Christmas shows that as many of 25% of workers experience "acceptance remorse," defined as regret over taking a new position, within the first year of their tenure. Many companies like the temp-to-perm model for IT, accounting, and marketing positions because it reduces the likelihood of acceptance remorse. Temporary staffing gives the company the opportunity to evaluate the candidate before making a long-term hiring decision and it gives candidates the opportunity to determine if the company and the position are a good fit.

Whether a position is temporary or permanent, one way to avoid acceptance remorse is for job candidates to remember that the interview is not a one-way street, where the employer asks all the questions and the candidates merely answer them. Rather, job candidates must ask good questions during the interview to determine whether the opportunity is right for them.

The single greatest predictor of job success is not technical ability or knowledge but rather behavioral fit. Will your natural style—who you really are (e.g., how you like to communicate, what motivates you, whether you like variety or want constancy, and so forth) fit best with the demands of that environment and position? Or will you have to expend so much energy trying to adapt to an environment that conflicts with your needs and motivators that you quickly grow disenchanted and your performance starts to suffer?

Talk to friends and family to locate company insiders. Ask them what it's like to work for that company. Would they do anything differently now that they've been in the company for a while?

Research trends about the company, their short- and long-term business goals, past and predicted hiring needs, competitive positioning, and so on. What about the prospective boss's management style? Will it conflict with yours? Ask to talk with other members of the team with whom you'll be working. Does the atmosphere seem friendly and relaxed, or do you sense a great deal of tension? Does the company take a long time to get back to you after the interview?

Having a good understanding of yourself, others, and the company can help you avoid acceptance remorse and increase the likelihood of higher job satisfaction, loyalty, and performance.



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  • Employment Trends: Biotechnology, Pharmaceutical, Health Care, and Science
  • Scientist

    October 2007 trends on Medzilla, a niche job board for the biotech, pharmaceutical, healthcare, and science industries show that, while 41.4% of job candidates on Medzilla were searching for sales positions, only 21.9% of employers were searching for new sales reps.

    Why? Many companies that Medzilla represents had significant layoffs in October. Among them were GlaxoSmithKline, Boston Scientific Corporation, Novartis, Sepracor, and Bayer. Massachusetts had the highest number of layoffs.

    Healthcare employment continues to rise, with the largest increases seen in ambulatory healthcare services and hospitals. More than 400,000 jobs in the healthcare industry have been added over the past year.

    Illinois, California, and Missouri had employment increases in all four industries. To improve your odds of landing a great position, employers urge candidates to diversify their search efforts, rather than holding out only for sales positions. The need for marketing and business development in these four industries continues to grow and these positions don't typically require medical or medical-related degrees. (Source: Medzilla.com)

  • Fast Facts
  • Speed Interviews and Dinnerviews: Think speed dating for job seekers! A growing trend in recruitment is speed interviews, where companies review resumes and schedule brief interviews in as little as 5 or 10 minutes with dozens of candidates throughout the day. Recruiters use speed interviews as a form of thin slicing a candidate, evaluating his or her appearance, intelligence, and personality. It's very competitive and is quickly gaining popularity on college campuses, as companies are favor a more aggressive approach to college recruitment than the traditional job fair. The dinnerview is another form of speed interview, wherein candidates are invited for a free meal and a job interview. One student said the "key is not to be afraid of what you're doing or who you're talking to." He says you must have high self- confidence in your own ability when you are going up side-by-side with other candidates. (Source: Pittsburgh Tribune-Review, 11/29/2007)

    Disgruntled Supply Chain / Logistics Employees: While all industries have discontented employees, recent statistics show a much higher degree of dissatisfaction among employees in logistics management. A recent survey by Euphoria, a global recruitment firm, shows that Asia, America, and Europe have the highest numbers of discontented logistics workers, 55%, 37%, and 31% respectively. The survey reports that only 6% of workers believe their employer places a "high value on employee needs." The Global Logistics HR Survey Series also reports that logistics and supply chain professionals are much more concerned with "inspiring leaders, a desirable work environment, work/life balance and training" than they are with "an above-average salary" or the company's market success. (Source: Workforce Management, 11/20/2007)

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