Latest / The Talent Trade / Talent Trade Tidbit - Stability, Redefined
Transcript
- 0:00Hi, this is Stephanie Maas.
- 0:02Today I wanna talk to you about how stability has been redefined, especially in the last several years, especially in the banking industry.
- 0:14I remember when I first came into recruiting for commercial banks, a lot of what I would hear would be an important aspect to folks would be the stability of the organization that they were with.
- 0:27Meaning they wanted to either be with a certain size organization because it would provide a certain level of stability.
- 0:34Oh, that bank will never get bought.
- 0:35Or they wanted to create a certain career path for themselves so that regardless of what happened with the organization, they know that their skillset would always be in high demand.
- 0:45What is so fascinating to me is over the last several years, how stability has truly gone from a macro level.
- 0:55To a micro level.
- 0:56And what I mean by that is, again, in the past it used to be, oh, I'll just go work for an organization and they'll never get bought, so I don't have to worry about losing my job for that.
- 1:06And yet we're in the midst of seeing changes and restructuring.
- 1:11So where's the stability in that?
- 1:13At the same time, we have seen a market that is rampant with m and a. So you go with a big boy and you could be downsized or restructured or whatever.
- 1:25You go with a small guy you could get acquired or bought.
- 1:28What it reminds us is where truly is stability, and again, it's not at the macro level anymore, it's with you, your, the stability in your career.
- 1:41Doesn't mean things can't happen to you and despite your best efforts, but what it means is when they do happen, are you garnering the skillset, the reputation, the market presence, that when things do happen, does your phone ring off the hook for folks saying, Hey.
- 2:00We want you with us.
- 2:02I will tell you if it's not, and I know this sounds weird coming from a recruiter because most people think recruiters want you to rely on us for your stability, but I don't.
- 2:11I, I mean, on occasion I do.
- 2:13I need it a few times a year to feed my family, but most of the time your career stability needs to be regardless of the organization you work for.
- 2:24And what I have found is the folks that do the best at this.
- 2:28No matter what happens, they always land on their feet quickly.