| Topic Name: |
Market Situation |
| Message Name: |
Still lots of opportunities |
| Date Posted: |
04/30/2001 |
| In Reply To: |
hi there
a year ago i graduated with a MS in IS and joined a consulting firm. Last month, i got laid off and would appreciate some advice as to
whether i should stay in consulting or should i look for other industries. I really like the break neck atmosphere of consulting and quite frankly would miss it a lot if i had to do something else!
Consult_Me |
| Message: |
I was laid off 3 months ago.
now i have a good looking job in an industry and geographical area of my choice, limited travel, good pay (+100K) . Still doing consulting.
rule of thumb : per 10.000 annual salary, expect up to a month of job-seeking for similar or better positions.
My resume on monster.com was consulted 300+ times in 2 mos.
mostly bodyshops and opportunity recruiters though
had to screen my email and phone messages...
I received 1 offer through personal networking. (fortune 100 firm,they were impressed, but wanted to try me out at a lower level first)
received 1 offer through monster.com (smaller consulting firm, which I accepted)
I received 1 offer through a recruiting agency. Looked promising, but the company had so much red tape and took to long that they lost my interest.
I Suggest to use personal networking and / or specialized headhunters or
dice.com
I just got lucky with my resume on monster.com
Do NOT give in in accepting lower positions or pay ! even if you run out of cashflow, Try to hold on! the first month, expect not much responses.
Another Tip : negotiate a good severance package (like a 2 months pay +1 month per year employed. At your new employer, specially if you have some doubts about stability. If they agree, you have at least some breathing room. Means they mean business,and you have a jumpstart in case it dont turn out.
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