It’s been over a year of layoffs and recessionary tales. And executives haven’t been left untouched. In fact, this recession, more than ever before, has dealt white collar jobs with more severity than their counterparts.
Heartening tales pour in from our readers at Vault.com every day and some cut to the core with their experiences. However, with all the unemployment figures and “there are no jobs out there” resonating with almost everyone you talk to, there is a new word in the air: innovation.
Yes, innovation in job searching methods, in keeping your skills up to date consistently, innovative networking, innovation in budgeting, you name it, people are trying it. Does this apply to executives too? Yes, more so than is obvious as I came to know when I recently heard from a former boss. She got laid off over a year ago, after the department she ran was dissolved. Her first thought had been to industriously look for a job nationwide. Since she already was a long distance commuter, moving didn’t deter her. A few months into the search though, she realized that her competition was getting the better of her. Her experience was working against her; she wasn’t “affordable” anymore. She is a baby boomer, she was too expensive.