While the recession is starting to slowly slip away, it’s still here and it’s still a massive cloud hovering over both employers and candidates. Not everyone is able to quickly find a new job or career right now, largely because of the unemployment rates that are still scarily high across the nation. Numerous candidates are applying to the same position, making it cut-throat, to say the least.
While the job search itself is difficult, you may be finding yourself starting to wonder if the perfect job is out there. Sure it is, but it may not be out there in your neighborhood or even in this time frame. Many professionals who are in the market for a new position are hanging onto the hopes of getting something better than what they had — or at least in the same tier. However, the tough market is forcing many job seekers to carefully decide what they need out of a job versus what they want. It often entails a major compromise and, unfortunately, sometimes a major sacrifice.
Some examples of where job seekers should start considering the need vs. want aspect include:
While a 9 to 5 is something many people want and are accustomed to, you may need to compromise on the scheduling aspect for a certain job offer. For example, you’re a banking professional who is used to standard banker’s hours but the position that’s piqued your interest requires working until 7 two nights per week and one half-Saturday every month. It’s not ideal and you’re dreading the later work times, but it’s an ideal position that is otherwise better than the one you’re currently at.
Pay is always a tough compromise, even when you’re compromising with yourself. However, you may be better off taking a position that offers slightly less pay than your current or previous position, especially if the job is overall a better fit for you and your future. When it comes to compromising on pay, consider these factors:
- Does the position allow greater flexibility?
- Is the position a better job title that will lend greatly to your future?
- Is it a better working environment?
- Are the benefits better?
Yes, unfortunately, many job seekers have had to go into a position with a lesser title than their previous position. This isn’t always a bad thing, however, but it can certainly be a hard pill to swallow. Again, if the job is going to advance you in anyway or offer you something that your previous job didn’t, it may be time to swallow that pill (pride). Unfortunately with the market, it may be the only way to stay within your industry until something better comes along.
Compromising your wants and needs for the job search isn’t easy, but it’s sometimes a vital part of finding a position in today’s tough economy. Holding out for something better isn’t always a bad thing, but remember that you may be passing on a great opportunity by not compromising.