Interview twice a year, even if you are in your dream job: 5 best reasons to survive in a tech industry. Just follow these simple 5 mantras in a year. My friend was recently laid off from a semiconductor company. He was in constant touch with a recruiter for a job. During his interaction, he received the following advices. I thought it would be worthwhile to share these five points.
Why is the tech industry laying off? Why are so many tech companies laying off?
In light of the deteriorating economic situation, the tech sector has experienced a string of layoffs. Microsoft and Amazon both disclosed new rounds of layoffs. Layoffs coincide with a decrease in spending by digital advertising and a reduction in consumer purchasing due to inflation. Another reason might be technology companies over-hired during the pandemic.
Read also: layoff severance package in 2023- Are the big giants different?
5 reasons to Interview twice a year
1. Find out what you are truly worth.
Stay ahead of the job market, even if you’re not actively seeking new opportunities. It’s important to conduct regular salary evaluations by interviewing other companies. This can help you understand your market value, identify areas for skill development, negotiate better pay, track career progression, and stay competitive in the job market. A good practice is to honestly interview twice a year to find out what you are truly worth.
2. Check out what others are doing.
Stay informed about the job market trends: Even if you’re not actively seeking new job opportunities, it’s important to conduct regular interviews with other companies to stay informed about the latest job market trends.
This can help you understand your market value, identify areas for skill development, negotiate better pay, track career progression, and stay competitive in the job market. A good practice is to honestly interview twice a year to find out what others are doing.
3. Keep your interviewing skills sharp for your inevitable search.
To survive long-term in the tech industry, it’s important to keep your interviewing skills sharp. This means staying up-to-date with industry trends, researching common interview questions, practicing with mock interviews, and highlighting your relevant experience and skills in a way that aligns with the current market demands.
4. Expand your network via face-to-face (or virtual) interaction.
Building a strong network of contacts in your industry can be a key factor in finding new job opportunities. One of the best ways to expand your network is through face-to-face (or virtual) interactions. Attend industry events, join professional organizations, and connect with people in your field.
This will increase your visibility, create new connections, and help you stay informed about new job openings. Building your professional network is an ongoing effort, but it can pay off big when you’re looking for your next job opportunity.
5. Find out if you could find a perfect fit.
Finding the perfect fit in the tech industry is crucial for long-term survival. Research companies and positions that align with your skills, values, and interests. Network with professionals in the industry, and take advantage of informational interviews to gain insight into potential employers and roles.
All the above are the best 5 reasons to interview twice a year, even if you are in your dream job.
Recently, there is a wave of layoffs in the tech world. But remember that the world does not end here and does not revolve around tech. A lot of people are coming out on LinkedIn and sharing their stories like An engineer laid off after over 16 years at Google. You should find out your passion and work on that one, take a rest of 6 months, and then start again.
Here are a few tips that you can follow during your layoff. First 10 helpful tips at a personal level and second 10 sequence of steps to find a new job quickly and third Top 10 proven ways to manage finances
In Conclusion
Never forget the proverbial rule that “love your job but don’t love your company since you may not know when your company stops loving you.” Therefore, keep updating yourself by determining your genuine worth, and what others are doing, honing your interviewing techniques, extending your network, and discovering the ideal job for you.[Post 10]
Hi, I am InvestMoney. Welcome to my online home. I run a popular finance blog called Investmoneygrow. I share my analysis and insights on the latest financial news, investing, personal finance, career development, leadership, and trends. What I write on my Investmoneygrow blog is my practical experience. Follow InvestMoney on Twitter at @Investmoney2gro for financial tips and advice.
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