Job Prospects in the Time of Corona Virus?

[_Cathy_]

I am at a crossroads.

January 2020, HQ announced that our whole department will be outsourced to India (cost cutting). This broke my heart because I just came back from my Sabbatical leave in 2019. I was in the US during my Sabbatical and among the reasons why I went back was because I love my job and my VP boss promised me a promotion to AVP in 2020, this was supposed to be in 2019 but because I had to take a sabbatical leave, I was disqualified.

My VP boss does not want me to leave the organization so I was offered several roles

1. Transfer to India - I declined this because I don't want work there

2. STA in Japan - this was offered by the VP of Asia Pacific with a promotion to AVP but because our company implemented a global travel ban and I can't be sent to Japan anymore, I declined the role

3. Role in Manila - I have until June 30 to decide. Director called me 3 days ago asking me if I want to take on a role in their department because they need my specific expertise (I am an SME in the org). It was my VP who called the director and said that I was interested in their department, I never made a commitment! I am feeling guilty because yesterday an AVP in our department found out that they are talking about me at Director and Managing Director level in HQ and they OPENED a position just for me

I am extremely flattered that the heads want to keep and my VP boss is doing everything to help me, but there is a side of me that wants to just leave my company and opt for a redundancy package (we are entitled to this since they dissolved our whole department)

I asked the opinion of several people and this is the tally

Crush - Stay
Kuya - Stay
Office BFF - Stay
Office Buddy - Stay
Manyak Officemate - Stay
ULS - Stay
Former VP - package/stay
Office GFs - package
Mom - whatever

Those who said STAY:

1. Job security - companies are down sizing and I am lucky to have a job that gives me 100% salary while working from home
2. Promotion - AVP role will be an advantage when I leave ( HOWEVER, there is an HR constraint that the earliest I will get this is 2021 ata since a minimum tenure in a NEW role is required - ang tagal!)
3. HMO - our company has great medical benefits
4. Perks - Manila Role being offered to me has similar perks to my current (flexible hours, work from home and no people to handle)
5. Money - I will spend all the lump sum in a year
6. Age - I'm in my late 30s and it might be hard to switch companies
7. Bargaining Power - almost NIL?
8. Expat prospects - My VP told me to stay put in the org and he will find a way to get me to HQ

Those who said package:

1. Look for a job but do NOT be picky and then resign when you need to back to the US
2. New and wider circle in a new company
3. Since my reason to stay is my boss and my role, might as well explore opportunities outside
4. Higher salary in a new company
5. Higher role in a new company
6. I need to return to the US next year for a minimum of 3 months and I can't do this in a new role or job

Whether I stay or go, I will have a hard time adjusting to a new job because my bosses spoiled me too much Also, my Kuya said my reasons for package are all ASSUMPTIONS.

I've been with the company for 11 years and I was supposed to resign last year pa talaga, the former head of our department said it looks like fate is pushing me towards another direction, away from the company.

My Kuya said if this happened without Corona virus, he would advise me to take the package, but now job security is priority. My initial plan was to take the package and stay jobless, work on improving myself (diet and exercise) until Dec 2020 then work again January 2021 and then resign after 6 mos to go back to the US.

HR has not talked to us yet but news is they will offer the package to those that have no roles by July 1, so that is why the director gave me until June 30 to decide.

[StockEngine]

Prepare that acceptance email for the offer. Send it on the 29th.

[glenn_duke]

Whenever I hit a crossroad, I use Waze.

Stay, dont worry you will get your redundancy package the moment they think your no longer needed.
At your age, start planning your retirement and bucket list, you must have a job to do these.

[Yatta]

Stay

Message too short

[Little Missy]

Eto yung glaring eh. If not for this, I'd say stay din.

6. I need to return to the US next year for a minimum of 3 months and I can't do this in a new role or job

So ang mangyayari kelangan mo din magresign next year either sa same company or new, tama ba? Eh di ganun din. You will still eventually be looking for a new job amidst the pandemic, wala ka pang package.

If "sure" yung package, dun ako. Again, if sure. Taking your time off, working on your self while waiting to fly to the US sounds like a good idea. Feeling ko kapag nakapagreflect ka, feel better about yourself, that will be good for you. You might even meet someone new. We're more attractive when we're happier diba. In the meantime pwede ka magbusiness sa shopee. Malay mo diba.

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[StockEngine]

Eto yung glaring eh. If not for this, I'd say stay din.



So ang mangyayari kelangan mo din magresign next year either sa same company or new, tama ba? Eh di ganun din. You will still eventually be looking for a new job amidst the pandemic, wala ka pang package.

If "sure" yung package, dun ako. Again, if sure. Taking your time off, working on your self while waiting to fly to the US sounds like a good idea. Feeling ko kapag nakapagreflect ka, feel better about yourself, that will be good for you. You might even meet someone new. We're more attractive when we're happier diba. In the meantime pwede ka magbusiness sa shopee. Malay mo diba.

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Going to the US for what? Lose a senior role?

We are in unstable times.

40M+ US job losses
10M unconfirmed PH job losses

[Little Missy]

Going to the US for what? Lose a senior role?

We are in unstable times.

40M+ US job losses
10M unconfirmed PH job losses

Ask Cathy I'm not the one who needs to go back to the US

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[StockEngine]

cat

kung pupunta ka ng US, wag ka na bumalik.




note the chat replay....

[_Cathy_]

Whenever I hit a crossroad, I use Waze.

Stay, dont worry you will get your redundancy package the moment they think your no longer needed.
At your age, start planning your retirement and bucket list, you must have a job to do these.

If I lose this chance to get redundancy, malabo na kasi our company does not want to redundate talaga, malaki kasi cost nyan and management also wants me to stay

Pag nagre reflect nga ko, napaisip ko sinabi ng friend ko na we only have X number of productivity/working years (40 from 20 yrs old to 60 yrs old) I am almost halfway na (16 yrs) wala pa rin ako naipupundar na kahit ano

In general nga, nothing is great in my life EXCEPT for my job, nawala pa

Eto yung glaring eh. If not for this, I'd say stay din.

So ang mangyayari kelangan mo din magresign next year either sa same company or new, tama ba? Eh di ganun din. You will still eventually be looking for a new job amidst the pandemic, wala ka pang package.

If "sure" yung package, dun ako. Again, if sure. Taking your time off, working on your self while waiting to fly to the US sounds like a good idea. Feeling ko kapag nakapagreflect ka, feel better about yourself, that will be good for you. You might even meet someone new. We're more attractive when we're happier diba. In the meantime pwede ka magbusiness sa shopee. Malay mo diba.

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Yes, kasi magre resign naman talaga ako. Sa current boss ko kasi, okay sa kanya mag long leave ulit ako so I don't lose my green card pero sa lilipatan ko na ibang department, wala ng papayag nyan, kasi exceptional arrangement lang naman kami ng VP ko. Also, another HR technicality, hindi pwede long leave pag bago sa position. I plan to resign kasi mid next year, tapos stay ako sa US for a few months tapos balik ulit

cat

kung pupunta ka ng US, wag ka na bumalik.

note the chat replay....

Not interested to watch baby in chief and his sycophants. I only saw 1 person wearing a mask

Why shouldn't I go back to Manila? Chat replay na puro Trump 2020

[carwhacko]

STAY STAY STAY


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[misseksaherada]

Lapit na deadline di na ata abot ito.. Nag check na po ba kayo Ms. Cathy ng job opening sa ibang companies? Depende po sa demand nung position na target nyo.. Baka naman po In-Demand kahit may COVID-19.. Grab nyo na ang package tutal ayaw nyo naman dun sa position na inaalok sa inyo.. Maghanap na lang ng bago kung madali lang naman mag-apply.. Mahirap mag-work kapag hindi swak yung role tapos hindi mo din trip magiging katrabaho mo..

[yebo]

Here you are queen.

In the US you are?

Stay.

[_Cathy_]

Cathy: My lola will be so proud if I become AVP
Crush: I'll be proud of you

I got teary eyed from kilig! I wanted to hug and kiss him at that moment! It means so much to me that someone in his position appreciates my career

Anyway, buti na lang I did not surprise crush today because I wanted to send him something. Strict pala sa building nila so no deliveries allowed in their floor, even sa lobby bawal pag hindi official business I can't have the secretary of crush or him to go down and meet the grab or lala!

Medyo sad lang ako kasi he is not calling me everyday anymore, dun walang progress, yung length and frequency of calls But I am teaching myself na friendship na lang talaga kami

[jut703]

Cathy: My lola will be so proud if I become AVP
Crush: I'll be proud of you

I got teary eyed from kilig! I wanted to hug and kiss him at that moment! It means so much to me that someone in his position appreciates my career

Anyway, buti na lang I did not surprise crush today because I wanted to send him something. Strict pala sa building nila so no deliveries allowed in their floor, even sa lobby bawal pag hindi official business I can't have the secretary of crush or him to go down and meet the grab or lala!

Medyo sad lang ako kasi he is not calling me everyday anymore, dun walang progress, yung length and frequency of calls But I am teaching myself na friendship na lang talaga kami

Curious, ano structure ng managerial positions sa banko? A friend once told me lahat daw VP - AVP, VP, SVP, EVP, etc etc. Asking because I think hindi siya exactly the same as FMCG or other industries.

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[EQAddict]

When you say you cry or get teary eyed, does that really happen or is that a figure of speech?



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[_Cathy_]

Curious, ano structure ng managerial positions sa banko? A friend once told me lahat daw VP - AVP, VP, SVP, EVP, etc etc. Asking because I think hindi siya exactly the same as FMCG or other industries.

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It wouldn't be a big deal to me kung VP lahat samin hehehe. Depends on the company pa rin e, staff level pa lang ang dami ng level before you get to AM/Supervisor, M, AVP, VP, SVP, D, MD. The hardest jump is from M to AVP then from there pahirapan na kasi pakonti na ng pakonti ang roles (eg a department is only allowed 4 avps and 1 vp etc)

Sa local banks mas lalong madaming levels, I have a friends in her 40s (dlsu grad with MBA), AM pa rin, pati sa AM pala may levels pa. Another friend naman 10 yrs siya as AVP before he got promoted to VP, sa bank nila big deal ang VP.

When you say you cry or get teary eyed, does that really happen or is that a figure of speech?

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Literally because my heart was overwhelmed, I think so highly of crush kasi. Idol ko siya in life

[jut703]

It wouldn't be a big deal to me kung VP lahat samin hehehe. Depends on the company pa rin e, staff level pa lang ang dami ng level before you get to AM/Supervisor, M, AVP, VP, SVP, D, MD. The hardest jump is from M to AVP then from there pahirapan na kasi pakonti na ng pakonti ang roles (eg a department is only allowed 4 avps and 1 vp etc)

Sa local banks mas lalong madaming levels, I have a friends in her 40s (dlsu grad with MBA), AM pa rin, pati sa AM pala may levels pa. Another friend naman 10 yrs siya as AVP before he got promoted to VP, sa bank nila big deal ang VP.



Literally because my heart was overwhelmed, I think so highly of crush kasi. Idol ko siya in life

Our company recently upgraded our titles so malapit na kami sa banking nomenclature. Kaso walang salary increase. Sabi ko kahit rank and file ang title ko basta sweldo ko mataas, kaso baliktad eh. [emoji28]

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[_Cathy_]

Our company recently upgraded our titles so malapit na kami sa banking nomenclature. Kaso walang salary increase. Sabi ko kahit rank and file ang title ko basta sweldo ko mataas, kaso baliktad eh. [emoji28]

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That happened to my first job also (broadbanding)

My friend is the same, he does not care for titles, what's important is the salary. He switched industries recently and he is now in telecoms and his role kinda got downgraded kasi nawalan siya ng tao, okay lang daw kasi mas malaki sweldo hehehe. Me, I want the title

[dr. d]

if i may,

decent salary + security = the better scenario.

title? it won't buy a single pandesal from french baker...
but that's just me.

so, my question to the post-er is,
which office offers the security part?

[jut703]

That happened to my first job also (broadbanding)

My friend is the same, he does not care for titles, what's important is the salary. He switched industries recently and he is now in telecoms and his role kinda got downgraded kasi nawalan siya ng tao, okay lang daw kasi mas malaki sweldo hehehe. Me, I want the title

When our titles got promoted, nawalan na ng dating yung title. So now I want the title of the next band level - so I'm more for the exclusivity than the title.

So salary > exclusivity > title for me hehe.

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