Career change in the Greek Labor Market (episode 01)
#Career #change, a huge issue and a very intensive process. Both Labor intensive and Thought intensive. A #process, that statistically speaking, takes an awful lot of time to progress, while in the same time, the final destination of the journey is trully “vague” and uncertain.
Additionally, the huge downturn of the Greek Economy, makes conditions only worse, and the final result resembles a “Riddle” or a Multi-parameter function in math.
Why Labor Intensive ? – One has to go to interviews, submit CVs to different platforms, via emails and via different methods, answer questions, send emails for confirmations, input data into various recruitment platforms and forms, among other things.
Why Tought Intensive ? – One has to think about knowledge levels, reskilling or upskilling him/herself and do lots lots of guessing the future, studying the future employer conditions, and calculating personal budgets.
So, when there is a “burning desire” for getting back to business – geeting back to the labor market, it is really hard and exhausting to consider #Reskilling or #Upskilling and the investment in time that goes with it. After all, #Time is the one who is most pressing for the come back.
Reskilling?
#Reskilling is the process of learning new skills to transition into a different job role or career field, often due to changes in the job market, automation, or technological advancements. It’s a #proactive approach to skill development, enabling individuals and organizations to adapt to evolving workplace demands.
Key aspects of reskilling:
Learning new skills: Reskilling involves acquiring a new set of competencies that differ from the skills currently possessed.
Transitioning to a different role or industry: It’s about preparing for a different job function or moving to a new sector altogether.
Addressing skill gaps: Reskilling helps individuals and organizations adapt to changing job requirements and fill roles that require different skills.
Staying relevant: It ensures that individuals remain employable and competitive in a dynamic job market.
Benefits of reskilling:
For individuals: It offers opportunities for career advancement, increased job security, and higher earning potential.
To be honest, what is the benefit for individuals from reskilling, is the only thing currently I care about, since I am in the process of both looking for new job and reskilling in the same time. (ouch! tough ha! True though…)
For organizations: Reskilling helps retain valuable employees, reduce recruitment costs, and build a more adaptable and skilled workforce.
What can I say about that…organizations that you work for, always get a more than fair share of the added value you provide and the progress you cause to them…
In essence, reskilling is a proactive and forward-looking approach to workforce development, ensuring individuals and organizations can thrive in a constantly changing world. And as Naval Ravikant was saying “Treat your career as a business…”.
What about Upskilling?
#Upskilling though, refers to the process of enhancing existing skills to improve job performance, adapt to changing roles, or prepare for future career advancements within a current field. It’s a #proactive approach to professional development that focuses on building upon current expertise rather than switching to a completely new career path.
Key aspects of upskilling:
Focus on current role: Upskilling primarily aims to improve an employee’s effectiveness and efficiency in their existing job, making them more valuable to their current organization. That above is not for me, as I am looking for new role, so ….
Enhancing existing skills: It involves deepening knowledge and expertise in the current field, often through specialized training, certifications, or hands-on experience. And that is what I call “a good hunt”, currently upskilling in SQL and Excel and Power Query, and Power BI.
Preparing for future opportunities: Upskilling can also equip individuals with the skills needed for potential promotions or new roles within the same company. Not for me, but as everybody, I am “hunting” for the future opportunities.
Addressing skill gaps: It helps close any identified skill gaps within the workforce, ensuring employees stay relevant in a constantly evolving job market. At which point, I would like to promptly declare that I have a skill gap in #Python!!! Yeah !!!
Benefits of upskilling:
Increased job performance: Upskilling can lead to improved efficiency, productivity, and problem-solving abilities in the workplace. It is an issue though if that Increased performance is going to be paid or Not!
Enhanced career prospects: Employees who upskill are better positioned for promotions, salary increases, and greater career satisfaction. Time will tell…
Greater job security: In a rapidly changing job market, upskilling can help employees stay relevant and adaptable, increasing their job security. About which point I totally disagree, because, simply there is NO job security in Capitalism. That’s that.
Increased employee engagement and retention: Organizations that invest in upskilling programs tend to see higher levels of employee engagement and reduced turnover rates. An area that most Greek companies in the country have absolutely no clue of what it means.
See you in the next episode.
IV