How ironic that at a time when I've been most sociable, I've had my lowest electronic presence. Further evidence for Fuld's hypothesis: there is an inverse relationship between your social life and electronic life. I have started using those fancy online social network things - linked in and facebook - the latter with some guilt, since I've always dismissed it as something for 12 year olds (although I'm not entirely convinced that I was wrong).
Unfortunately this is not a happy turnaround in my condition, but a matter of necessity. The credit cluster nut crunch has claimed me as its victim; having surrounded three rounds of redundancies, the entire organisation went all-in and declared bankruptcy. Looking on the positive side proved difficult (no pay cheque, no job, and a few thousand other people competing with you for roles where no-one was hiring). Still, this time has taught me some very interesting things which I thought I would share with my vast readership ...
#1: I'm good in a crisis. Despite feeling run-over by a bus I had made a plan. It was not a terribly sophisticated plan (pay off all bills now, cancel unnecessary expenses, keep in contact with people senior enough to have discretion to hire in their next role, etc.) but it was better than standing around all day saying "oh my god".
#2: People are kinder than you think. I often look on my fellow man with a mans-inhumanity-to-man cynicism, and although I still hold that view, the genuine emotion with which people reacted when I told them came as a surprise.
#3: Your workplace can be your family. I was always told to save enough money to deal with times like this - and I have - but it was upsetting to see the grim situation of those who had not, or had not been in work long enough to do so, and my initial efforts were to find these people jobs and help them (a story repeated across all levels of maagement). Similarly, the actions of the most senior people and their lack of loyalty was gut-wrenching, and the actions of their immediate subordinates - negotiating as one group for all their teams - was heart-warming.
#4: I will be OK. In the end I got a new job, in fact I fell on my feet.
#5: Recruitment agents are scum.
"Well, Laphroaig, you aced the interview."
"Great."
"They're going to offer you the job."
"Super!"
"There's a 10k pay cut and at a junior level."
[Silence]
"I could try negotiating them higher. But I suggest you take it. It would be great for your career. Good prospects. And the mindless nature of the work gives you time to think about other things."
"I see."
"And I'm not saying that just to get my fee."
"No, I'm sure you're not."
#6: I would make a terrible recruitment agent. I have a little graduate here who needs a job. Who deserves a job. Despite my strenuous efforts I have been unable to make any progress. (Quite why I'm trying so hard is beginning to confuse me, I feel oddly paternal. I seemed to have adopted him in the same way some people do lost kittens.)
#7: Morality is difficult, and management decisions should weigh heavily. If you can save the jobs of one person, and you have two candidates, do you give it to the person best for the role, or the person most in need of employment? And are you able to deal with that second person's tears?
Out of every crisis, they say, comes a winner. I wonder if I will fall on the winning side, and how my new employer will shape-up. And, distantly and uncomfortably, I feel guilty for those - such as "my" graduate - who look likely to fall on the losing side.
Sunday Secrets
1 hour ago
1 comments:
I was wondering how your corner of investment banking was going. Glad to hear you are keeping your head above water there. Hope the new job is going well.
Btw, I don't think I meantioned how much I enjoy your links...
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