| Saturday, November 7, 2009 |
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We get asked every week what the "hot markets" are, and where they are. The "hot market" is any job with a reputable employer anywhere in the world. If it is a job that will advance your career and improve your salary it is a "hot" job. You only need one. There is a tremendous shortage of skilled employees who are willing to give 100% day-in-day-out. Instead of worrying about "hot markets" spend some time thinking what types of markets you enjoy working in, and living in the most. Some people really enjoy small towns, while others love big cities. Some people like the Northeast United States, or the West Coast of the US; others like Europe, the Middle East, or Africa, or the Pacific, or Asia. Some like hot climates, others like four season climates. What do you really like? What types of markets are you the most comfortable in? Your answer defines your personal "hot market." Once you have defined your ultimate "hot market" assess your skills and career progression to see if you are ready to restrict your job search to your "hot market." Often your "hot market" will restrict your career growth. If you want to live in a small town, in a very scenic part of the world, the chances are there will be a lot of other people who want the same thing. That means that good jobs will experience very little turnover which means promotions are few and far between. If this describes your personal "hot market" make sure your career has advanced far enough that you can afford the life style, and don't need rapid promotions. An example. Suppose you love Vail, Colorado. A beautiful four season resort area, but also an area that is very expensive. If you are a Restaurant Manager you might want to think twice about settling in Vail permanently. Your salary is not likely to be high enough to enjoy all that Vail has to offer. Instead keep advancing your career in other parts of the country or world, until you are a F&B Director or General Manager and then move to Vail. With a much higher salary you will be better able to afford Vail. |
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