A Different Ballgame For 2011’s Job Market
The employment market is a brave new world after the recession. It’s highly doubtfulthat things will ever go back to the way they were. Economic downturn altered the landscape of corporate America for good. Companies scrambled and cut cost to remain afloat. Many didn’t make it in time. The survivors are now different creatures in 2011 compared to 2008. Heath Ledger’s Joker couldn’t have been accurate when he said “There’s no going back. You’ve changed things. Forever.” Here’s a quick rundown of some of the fundamental shifts.
Businesses have cut many functions thought integral in 2008. Operating in 2011 requires being quick, agile and cost efficient. Many functions that aren’t directly related to producing profit or maintaining core business have gone the way of the Dodo. Think in-house customer service or tech support.
This in turn led to employers discovering that economic hardship is a great work force motivator. More work could be done with fewer people. Although it may sound cynical, many businesses profited from this economic hardship by reducing payroll at the same time they boosted productivity. Ten workers were now being cajoled into doing the work fifteen did before.
Many of the jobs today require different sets of skills compared to 2008. Due to the rise of social networking, companies are scrambling for experts in this field. Going green is another big demand field for employers. Those of you who have background in these specialties are in luck. Those that don’t may want to update their skill set to remain competitive.
While more jobs are expected to be created in 2011 than the past several years, don’t be surprised if these positions are less attractive than 2008 postings. A good deal of work is likely to be done by contractors, temporary workers and freelancers. Be prepared to fly by the seat of your pants in this new job market. Having a desk and cubicle may not always be a reality for new jobs. Don’t be surprised if you float between companies for awhile.
Furthermore, many of these new job postings are going to be missing the bells and whistles that 2008 jobs had. Forget about corporate perks unless you’re a high level member of management. Corporate cars and cell phones are going the way of pension plans. Companies today simply can’t, or won’t, pay for extra niceties.
The one benefit for new workers in 2011 is that more workers are turning down offers to relocate for a job. Mortgage troubles and families living off multiple jobs have rendered most workers sedentary creatures. Those are have few roots are likely to be favored in this new workplace due to their mobility.