Surviving the Bay Area Career Roller Coaster
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Silicon Valley employment is at an all-time high and companies are hiring employees. The economy, budgets, mergers, buyouts, and takeovers can happen at anytime. Learn how to stay competitive in the employment marketplace. Albert Qian from Albert's List will teach you how to: * Learn how to exceed your employer's expectations so you stay indispensable to the company. * Stay in good graces with your bosses. * Find out ways to diversify your skillsets. And when things are not so great, Albert will discuss how to: * Predict potential warning signs of possible layoffs or firings * Different types of termination that you can experience * Your rights under the law * Resources if a layoff or firing happens to you.
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Surviving the Bay Area Career Roller Coaster
- 1. Surviving the Bay Area Career Roller Coaster Albert Qian Founder, Albert’s List June 4, 2018
- 2. AGENDA • Setting the Right Intentions • Staying Relevant in the Workplace • The Warning Signs of Termination • Handling Termination: Your Rights & Resources • Q&A
- 3. ABOUT ME • Technology and marketing professional focused on the Cloud Computing Space • Founder, Albert’s List – community with 33,000+ members • Members have found work at companies like Google, Cisco, GoPro, and Twitter
- 4. Before we begin, let’s set some intentions for the evening.
- 5. Finding work is an inevitable outcome.
- 6. It is Okay to Ask for Help
- 7. It is Okay to Find a Job for the Sake of It
- 8. It’s Okay to Feel Vulnerable About Your Search
- 9. So with that said, let’s tackle the adventure together
- 10. PART #1: STAYING RELEVANT IN THE WORKPLACE
- 12. THE CURRENT MARKET LANDSCAPE • Average employee stays 4.4 years in a job (Forbes) • In the Bay Area, it’s 1.8 years (BizJournals) • Unemployment rate: 3.9% • Technical skills gap continues to be issue
- 13. STAYING RELEVANT AT WORK • Look for new projects to take on • Be visible to stakeholders and management • Have open communication with management • Take a leadership role or volunteer to be a mentor
- 14. NEXT STEPS • Explore learning / development opportunities • Understand company direction and get involved • Have regular 1:1s with your boss • Find where you can lead
- 15. STAYING RELEVANT IN THE INDUSTRY • Explore relevant certifications • Network with professionals • Volunteer your time
- 16. RESOURCES • Take certifications courses • Explore networking events • Find volunteer opportunities
- 17. PART 2: THE WARNING SIGNS OF TERMINATION
- 19. TYPE #1: THE RESTRUCTURING, ITS NOT YOU, ITS THEM. • New Management and Leadership • Budget and Finances • Macroeconomics • Business
- 20. RESPONDING TO THE RESTRUCTURING • New Management and Leadership Get to know new management Define your value for the transition
- 21. RESPONDING TO THE RESTRUCTURING • Budget and Finances Justify your value to the bottom line
- 22. RESPONDING TO THE RESTRUCTURING • Macroeconomics Double down on your skills Find out where you specialize
- 23. RESPONDING TO THE RESTRUCTURING • Business Salvage what you can Take a lead role
- 24. ULTIMATELY, YOU MAY HAVE NO SAY…
- 25. WHAT HAPPENS NEXT? • The company announces layoffs • Certain parts of the business are let go • Severance package • Separation agreement • Recommendation letter
- 26. TYPE #2: IT’S NOT THEM, IT’S YOU • Culture fit • Performance issues • Career path • You actually did something bad… (Cause)
- 27. HOW DO YOU KNOW IT’S COMING? • Projects are taken away • They make up facts about you • Your boss speaks from a point of hesitation • Your gut just tells you so • You haven’t been doing well for awhile
- 28. RESPONDING WHEN IT’S YOU • Performance improvement plan • Documentation of your issue • The company removes you then and there (At-Will)
- 29. YOU HAVE MORE CONTROL HERE, BUT…
- 30. PART 3: HANDLING TERMINATION – YOUR RIGHTS & RESOURCES
- 32. TYPES OF TERMINATION • Performance • Economic / Budget / Company layoff • Cause • Employee decides to walk (**you cannot get unemployment**)
- 33. WHAT YOU GET FROM YOUR EMPLOYER • Separation of employment agreement • Non-Disclosure Agreement (NDA) • Enrollment in COBRA Coverage • Healthcare until the end of the month • Money paid out, including: • Paid vacation time • Your last paycheck • Severance pay isn’t required by law.
- 34. BUT, SHOULD YOU SIGN ON THE DOTTED LINE?
- 35. INTRODUCTION TO WRONGFUL TERMINATION • The importance of documentation… • Discrimination • Retaliation • Refusal to do illegal acts • Unfollowed procedures
- 36. YOUR NEXT STEPS • Make sure your employer gives you the last paycheck • Collect documentation • Explore your legal options • Note the exceptions (e.g.; Non-Competes) • Negotiate severance, do not sign on the dotted line right away • Move forward (Start the 90 Day Job Search)
- 37. TERMINATION: HOW TO INTERVIEW • In tech, turnover is expected • Don’t be a risk • Tell the right story, keep your responses short and to the point • Don’t blame the past or speak badly of your past employer • Do not volunteer additional information, unless asked • Reflect and do not repeat mistakes
- 38. AVAILABLE RESOURCES • Wrongful Termination: https://www.themuse.com/advice/so-you-just-got-firedwas- it-wrongful-termination • Final Paycheck: https://www.employmentlawfirms.com/resources/employment/overtime- pay/getting-a-waiting-time-penalty-for-refusal-to-pay-overtime • https://www.shrm.org/resourcesandtools/legal-and-compliance/state-and-local- updates/pages/california-employers-final-pay-rules.aspx • US Equal Opportunity Commission (EEOC): https://www.eeoc.gov/index.cfm • Non-Compete Agreements: https://www.upcounsel.com/non-compete-california
- 39. PUTTING IT ALL TOGETHER
- 40. LESSONS FOR THE FUTURE • Stay nimble in your career • Read your company’s employee handbook • Keep an open line of communication • Always be networking • Don’t rest on your laurels – it could happen to you!
- 41. THINGS TO KEEP IN MIND • Moving to a new job happens regularly nowadays • Your next opportunity is inevitable • Keep pushing and be resilient • What’s next is better than before
- 42. Q&A
- 43. Thank You
Editor's Notes
- Before we get into the meat of today’s discussion, I want to set some intentions for today and beyond, especially for those of you who are on the job search. I’ve discovered that my hunt for work is partially practical (what I have done in the past) and partially behavioral (driven by what I think).
- Some of you might be here because you haven’t found work in a few weeks. Some of you might be here because you haven’t found work in a while. Regardless of where you have come from, it only matters where you are going. The important attitude to have here is that your ability to find work is going to be an inevitable outcome. You cannot think any other way.
- We live in a world where asking for help is shunned upon, and in reality, nobody does any of this alone. I’ve built communities around the job search and field questions daily from interviews to offers. While Googling for what you need is absolutely something you should do, it’s important to find yourself the right communities that will give you what you need. Don’t shy away from help.
- We live in a world where messages like “love what you do and do what you love” are top of mind. The reality is, we live in the Bay Area where it’s expensive to even pay rent. If you need to find a job, put that first. It’s okay to not have your paycheck be your passion.
- Many of us feel vulnerable about our job search. Much like asking for help, we hide away from others because we feel shame for not working. The truth is, as long as you are moving forward in your career and doing the necessary work to move ahead, there is no reason not to feel vulnerable. Finding work is tough in the Bay Area, and everyone should be commended for doing so. Showing up is first and foremost.
- Thinking about relevancy for 2 years while driving in OC. Make your boss happy Find ways to work on your terms Understand your options Be flexible and versatile
- How many times been fired – and it’s always better afterwards
- The best is yet to come
- If an employee quits, employers must give final paycheck within 72 hours.
- California's law is the strictest in the nation. An employee who is fired (or laid off) is entitled to a final paycheck immediately However employers may: 1) If employee is fired: payment must within 72 hours. If employee is laid off, employer may wait until the next payday. 2) Employers may send the final paycheck by overnight delivery or overnight delivery. The cost of overnight mail is worth the ability to track and confirm delivery of the final paycheck Source: Labor Code Section 204
- *An average out of court settlement is about $40,000. In addition, 10 percent of wrongful termination and discrimination cases result in a $1 million dollar settlement.