Money

Questions for Michele Woodward

Michele Woodward

Staff Report

Best way to keep a job in this tight economy?

Solve problems. Meet deadlines. Create revenue generating opportunities if at all possible. Say, “Hey, I have an idea we could try.” It shows leadership, commitment and an eye toward the bottom line. Bosses dig that.

For those who want to progress but are stymied, you’d say--?

Adjust your measure of success. ‘I always thought I’d make $200K by age 30’ may not be realistic today. Figure out what’s doable in your workplace and make the case. If you’ve increased revenue by 25%, own it. Claim it. Seek a promotion based on what you’ve done.

Should people take a second job?

Yes, especially if they work in a volatile industry or want a job change. It’s a great way to test a new idea. Thinking of teaching? Get a job at a ‘Saturday academy.’ Consult. Coach. A side hustle is money in the bank. It could also be a foot in the door of a new career.

Other can’t-miss career advice for 2011?

Have an ally higher up the ladder who has your back when job cuts happen. Talk about your successes appropriately. Women, especially, fail to toot their own horn. That just allows others to take credit for your work. And have a presence outside the company.

What else should people keep in mind?

Across the US, 92% of people are employed. Among college-educated individuals, 96% are employed. Right now, the best thing anyone with a job can do is keep doing good work. Pay off debts, get some cash in the bank, have some fun, learn something new every day, and remember: This, too, shall pass.