Staying put can save your career by leveraging side projects, training, and networking opportunities
The jobs report has revealed that many people are staying put at their jobs due to economic uncertainties and slowdowns. While staying put may seem like a wise choice, it doesn't mean that your career is stagnating. There are ways workers can build their career and professional experience without job-hopping, experts say. Many companies are evolving and restructuring to keep pace with AI and changing business needs, which can open up new internal opportunities for those looking for change.
In the right circumstances, staying with a current employer can be more rewarding, depending on factors including the company's leadership, the growth potential for the person, and the business as a whole. Around one-quarter of people said they were actively looking for a new job in the second half of the year, according to a Robert Half survey out this week. While labor economists have pointed to a "Big Stay" for the past few years, the trend may intensify as the job market weakens.
The economy added fewer jobs than expected in July, adding 73,000 new jobs when forecasters were looking for 100,000. Bureau of Labor Statistics officials significantly lowered the number of jobs added in June and May. More people searching for work have spent at least half a year looking, with 1.8 million people in those ranks in July, up from 1.5 million one year earlier.
There were fewer "job leavers" in July who voluntarily left their current role for something else, according to the Bureau of Labor Statistics. Last month, 784,000 people were counted as "job leavers," down from 825,000 people making a move in June and down from 855,000 people who did so last July.
To manage the moment and set yourself up to thrive without leaving your current job, there are several ways to stay put without killing your career.
- Seek out side projects at your company: Employers typically have a range of side projects, internal committees, and panels to explore new business opportunities or approaches to problems. Volunteering to participate may build different skills and put someone in contact with new people within their employer. The important thing is to be vocal and transparent with your leader.
- Be open to lateral moves and in-house training opportunities: Morgan advises workers to use the skills training that their employer offers and stay open to lateral moves in the business. By strengthening both hard and soft skills, you become a greater asset to your company as it adapts to the new world of work.
- Make time for introspection and networking: If a person doesn't feel comfortable talking to their manager about skills or side projects, there's some deeper reflection a person may have to do about themselves, their goals, and their current role. It's good to have the mental bandwidth to mull those important topics while staying employed.
About the Writer
Jenny, the tech wiz behind Jenny's Online Blog, loves diving deep into the latest technology trends, uncovering hidden gems in the gaming world, and analyzing the newest movies. When she's not glued to her screen, you might find her tinkering with gadgets or obsessing over the latest sci-fi release.What do you think of this blog? Write down at the COMMENT section below.
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