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Welcome to episode 16 of the Nerd Journey Podcast [@NerdJourney]! We’re John White (@vJourneyman) and Nick Korte (@NetworkNerd_), two VMware Solution Engineers who are hoping to bring you the IT career advice that we wish we’d been given earlier in our careers. In today’s episode, we have Part 1 of a two-part discussion on when to stop pursuing a career opportunity.
Original recording date: 2018-11-03
Topic – Reasons not to Pursue a Career Opportunity (Pre-Application Stage), Part 1 of 2
We’re highlighting some content from a Manager Tools 10-part podcast series on choosing a company to work for
3:29 Choosing A Company To Work For – Chapter 1 – Factors To Consider Part 1
- Compensation
- Dig into the entire compensation package (or as much as you can in this stage)
- Consider the risks of combination stock / cash
- Use tools like Glassdoor to help
- Difficult to rule something out without looking at the numbers
- People make assumptions on how much of a pay bump would merit leaving
- Values
- Deeper dive later
- Industry Stability
- We lack a crystal ball and can rely on educational guesses
- Reputation
- The company’s reputation affects your reputation, whether good or bad, so consider industry perception.
- Validation by a well-known organization can be a “short cut” to be validated by other organizations
- The “shine” and the “stink” can go with you to a new job
- Opportunities
- Deeper dive later
- Locations
- Review Tom Delicati’s strategy for choosing company location from Nerd Journey 013: The Sniper Approach to Job Hunting with Tom Delicati
- Nick and John talk through strategies for analyzing commute times and weighing the cost
- If you’re relocating for a job, is there financial assistance?
- Financials
- This can easily be an area of oversight for many candidates
- Financials for public companies published quarterly
- Customer Base
- Is the customer base growing / shrinking?
- Additional Items
- Some research before applying is helpful, but don’t go overboard.
- Check the job postings on the company site
- John gives an example of tracking changes in number of open positions at a company to get an idea of corporate health
- John mentions his list of open VMware positions: http://bit.ly/vmware-all-positions
22:18 Choosing A Company To Work For – Chapter 3 – Values
- Choose your Values
- Do you know what your values are? Introspection is required before continuing.
- Decide which ones apply to work
- Companies publish their values online
- Use those when considering companies
- A value mismatch can rule out an opportunity on the spot
- Is the company acting in line with its stated values?
27:13 Company Culture is Complimentary to Values
- Choosing A Company To Work For – Chapter 7 – Questions
- John speaks to how this episode came to be
- Consider Maslow’s Hierarchy of Needs
- Physiological -> Safety -> Love/belonging -> Esteem -> Self-actualization
- After achieving economic breathing room, one can start to consider higher-order concerns
- Self-examination is required
- Who am I and what does my job reflect about me?
- How does this position mesh with my values?
- How does this position fit with my future plans?
- Questions from Manager Tools
- Is there anything else that’s important to me?
- John wanted to work with smart people who disagreed with him and who were smart in different ways from him
- What have I liked/disliked about jobs in the past?
- Nick talks about choosing his own adventure
- Flexible schedule / start time
- What conditions bring out the best in me?
- Nick shares the lunch time hack for productivity
- What experience/relationships do I want to cultivate?
- John speaks to the variety of roles available and the desire to work with people in these roles
- Nick cites being part of a large team as a great learning experience
- Is there anything else that’s important to me?
- See also Nerd Journey 004: Company Culture and Resume Writing. Did we say similar things in this episode? Tweet at us!
37:41 Choosing A Company To Work For – Chapter 6 – Opportunities (Part 1)
- Seemed to be focused on relationship of company to the marketplace
- Common Indicators
- Cash/debt ratios
- Place Of The Product In The Market Place
- Consider longevity
- Company Reports
- Multiple sources of info on health of the company
- Perks
- Look for more Subtle Indicators
- Institutionalized development
- See also Nerd Journey 012: Effective 1-on-1 Meetings with your Manager and Gracefully Leaving an Organziation
- Next week we can discuss how to inquire about this
- Regular Advancement of Good People
- What would employees say about this?
- Do interviewers give the same response?
- Steady, Successful Growth
- Institutionalized development