BahamasFinancialServices.com - Finding Jobs Today

Home

News

Bahamas and Intl Articles

Finding Jobs Today

Written by Admin
Wednesday, 23 September 2009
Bahamas Jobs Tips Bahamians, along with their counterparts in the Western World, who on average are highly leveraged and living Pay-check to Pay-check are faced with losing their Jobs and once lost they face the task of finding another job in a very tough Job market. Here are a few suggestions from the experts on how to find a good paying Job or Career in Bahamas for Locals and Expats alike. Everyday we hear and read the doom and gloom of the economic crisis around us, which began in mid 2008 (as the effects of the credit crunch caused banks to face liquidity problems which then became greatly exacerbated sheer barrage of negativity in the media and the nay-sayers of financial news sites). Bahamians who on average are leveraged (in terms of multiple loans owed to banks for houses, cars etc) are faced with losing their jobs and once unemployed facing the task of finding another job as the opportunities for starting a small profitable business here is usually a hard route to go and the ability to raise capital is usually a significant task. Quick sidebar, why are some so excited to declare and pronounce “Recessions”? Well some prey on that fear for their own advantage: the media to get ratings and our politicians to get votes. So as prospective job seekers remember Just because the newspaper and the TV media says something, doesn’t necessarily mean it’s true and even if the media says something over and over, it still doesn’t necessarily make it true! The never-ending doom and gloom in the media can become a self-fulfilling prophecy. If enough companies stop hiring and begin laying off workers out of fear of a recession, their actions make the recession more likely. This is cut and dry and simple human psychology. Remember all the decision makers at these companies see the same economic headlines you do! Similarly, if you believe you will have a hard time finding a job because of the economy, you will. Why? Because you can’t fix something you feel you don’t have control over. Anyway time for some facts: According to the Central Bank the economic downtown continued to be adversely affected during Q4 2008 by the slump in global economic activity. Additional layoffs in the hotel sector pointed to significantly reduced seasonal activity and weakness in the short-tem outlook for tourism. Meanwhile, support for private consumption and investment expenditures remained subdued, owing both to weak employment conditions and the accumulated slowdown in credit expansion. With this in mind Bahamians who are looking for work face a challenging environment. Here are a few suggestions to help one become successful in landing a good job. 1. Make a list of all the companies that are hiring. Utilize, this site: BahamasFinancialServices.com and many others as well as your local news papers. In the Bahamas most of the job advertisements are done in our local papers. Sounds simple, but the tried and true is what works. 2. Network with Family, friends and former co-workers to find out about un-posted job opportunities. Remember most jobs in the Bahamas go to family and relatives as they look out for each other. You can even offer to give family or friends a “tip” if they get you an interview or lead. Hey, money talks! 3. Make your self attractive to employers. Learn the basics, especially for those looking for office work, by basics I mean like general office software systems like Microsoft PowerPoint and Excel. These are skills you can teach yourself from the Internet or a library book. Utilize the above to create a resume that is most attractive to the position you are trying to attain. While I’m on the resume, please, please proof read and re-proof read your resume for any type of typo or grammatical mistakes. 4. Get your name out there, networked at business seminars, meetings, volunteer at events, speak at conferences. Basically make yourself visible to people who might have jobs to fill. There is work out there, just find it. By meeting so many people it helps in terms of finding job leads, and the self-confidence it builds helps come interview time. Once one is comfortable addressing a groups of people, doing a one-on-one interviews is a piece of cake. A good starting point for those of you that are public speaking averse, is to try Toastmasters International, a nonprofit organization that helps people learn to be excellent public speakers, we have several chapters throughout the Bahamas. Visit www.toastmasters.org to find a chapter. 5. Instead of finding that one 'job,' think in terms of multiple positions. Breaking into a new job may be easier if you aim for part-time work within a company. You can get multiple part-time positions and you'll benefit from more job security; if one position goes away, you have the others to fall back on. An added benefit is that it makes your resume more ‘well rounded’ and will help you with your wallet and pay some bills. Some tips from the internet include; job sharing or taking over for someone on maternity leave or during the holidays. A lot of people don't want to commit full-time skills to a part-time or temporary job. In tough economies though, it can allow you to not only try on a job to see if you like it, but to also improve your skills, impress a potential long-term employer and network with people in the industry. In essence rather than waiting for the perfect full-time job, you can potentially make something better happen in the short term. In conclusion, be real about the time and effort it will take to find a new job, In the current job market, here in the Bahamas it can take at least six months to find a job that pays $30,000. Just stick to your search and keep net working and networking, utilize family and whoever you can to get your resume in front of the right person.
Last Updated ( Sunday, 29 November 2009 )

< Prev		Next >

[ Back ]

Jobs Forum
Popular

Newsflash

May 2010 Report: Preliminary evidence suggests that the domestic market continued to stabilise in May, aided by the ongoing, though still fragile, recovery in the global economy. Tourism output showed an improving trend, buoyed by gains in the key stopover segment of the market, while public sector projects provided some support for construction activity, which continued to be weighed down by sustained weakness in private sector investments.

Find a Job, Take Classes - restart your Career

Register, create your Resume. Sign up for Classes
Network with and discuss ideas with other professionals.

Accounting & Banking Jobs	Classes & Workshops
- RBC Finco, UBS and FCIB Jobs	- Business Courses
- Accounting & Finance Managers	- Series 6 & 7 Workshops

Find/Post a Financial Services Job or Register for a Workshop.

Career and Financial Services offered:

Get help with your Resume or Business Plans. We also offer assistance securing loans and financing.
Cash Flow & NPV Analysis: by MBAs and experts.

Member Login

Members Online

None

Opinion Polls

What will be the Economic Event of 2009/2010?

	Albany South Ocean
	Arawak Cay Port
	Baha Mar will begin
	CLICO blows-up
	Miss Universe 2009
	NAD Airport Project
	The GBPA Dispute
	The Recession will end
	The Road works Project