Photo: “The key to life is how well you deal with plan B.” by Betsy Weber, Some Rights Reserved from Flickr
Last summer, I noticed that a college classmate had joined a Facebook group called Plan B, a group for “former and current newspaper and video journalism people” looking for a second act, a job match for their transferable skills, a support group or simply a hedge against the instability in the industry. I joined because I sensed that my job as a regional executive editor wasn’t going to be around much longer, and I knew that I needed to start coming up with my Plan B. I would need my Plan B much sooner than expected.
It was clear that more cuts were to come last summer. In the almost two years that I held the job, there had been a straight-forward budget cut and a major reorganisation that was supposed to see us lose 15 percent of our payroll and 20 percent of our headcount. For a time due to existing staff getting promoted or deciding to part ways with the company, at one point last spring, we were almost 50 percent below our pre-reorganisation staffing. The budget was cut again before we filled any of the open positions due a miscalculation during the reorganisation planning. After months of recruiting and before we filled all of the open roles, a hiring freeze was implemented and an early retirement programme rolled out soon after. And then, last October, my role and another were eliminated.
Fortunately, the very next week I had two gigs, which had been in the works for months, and shortly after that, I set up my own consultancy, which is a continuation of work that I did before the job. I’m thrilled to have some very exciting projects in the coming months (although I still have time for more so feel free to get in touch). Ultimately, I want a full-time role, but this work means that I have the breathing room and space to find the best job and the best fit.
That space has been an incredible gift. It has allowed me to talk to a number of mentors and friends and think about all of my options. Compared to 2013, the last time I was looking for a full-time role, I’m actually more optimistic that I’ll be able to find the right role in journalism, but this is as good as time as any to think broadly. And this time like last, I’m thinking not just about the job but also about quality of life, closeness to friends and family and work-life balance.
Apart from the value of having a Plan B, here’s a few things I’ve learned already during this search:
- Reach out to your network – Last summer, I began reaching out to mentors and friends in the industry. It helped me get a head start on my job search, and if my friends aren’t in a position to hire me full-time, they still might be looking for a consultant with my skills and experience. But even if work isn’t in the offing, your friends will be a great source of support. I’ve been humbled at how much help friends have been in terms of brokering connections and helping me find new opportunities.
- Take a passion inventory – One person on the Plan B group worried that she would never find a job as noble as journalism. Many of us got into this business because of the mission, the public service mission. But there are a lot of ways to serve the public. What other passions do you have? Journalism may be a noble mission, but it’s an industry in crisis. At times, I have asked myself if it has become the professional equivalent of an abusive relationship. If your current job in journalism robs you of your life through endless hours of toil while still not providing you a livelihood, there is nothing noble in it. I have seen too many journalists grow bitter after years of sacrifice. This is a chance to write your own story.
- Think about skills, rather than a specific job – I just came across this today on Editor & Publisher by Tim Gallagher who left newspapers and now has his own small business. He spoke with a careers coach who told him, “We are going to talk about who you are. What your skills are. Not the jobs you’ve had.” He added, “And for the first time in nearly 30 years I began to think that there were jobs out there that did not start with journalism.”
- Have a FoF – Call it a rainy day fund, an emergency fund or something more colourful, but if at all possible, bank some money so when the axeman cometh, it isn’t an immediate sentence for financial ruin. Before you rush to the keyboard to protest, trust me, I know how hard this on a journalist’s salary, especially when you’re just starting out. When I landed my first journalism job at the Hay’s Daily News in Hays Kansas in the mid-90s, I was making $2000 less than a first year teacher – $16,900 if you must ask. That said, I’ll own my own advantage or privilege, I got my bachelor’s degree debt-free, but only because my parents started saving for college almost the day I was born. They had to start saving early because they were both teachers, so not the demographic definition of high net worth individuals. I learned to save from my parents.
In an ideal world, I would have loved to have made the move on my own terms, but with the cushion my consulting has given me, I’m actually viewing this transition as a gift. I have recharged my batteries and am looking on my future as one of exciting opportunity.
Without my Plan B, I would be consumed with stress and overcome with fear, and I would leap at the first opportunity whether it was the right one or not. Certainly, I’ll be happy when I’ve filled in some more blanks, but I’m doing the heavy lifting now to answer those questions.
Ultimately, having a Plan B is about being prepared. With the industry in such turmoil, that doesn’t mean you’ll be able to control the outcome, but the outcome isn’t the loss of a job, it’s what happens next.
Featured photo by Betsy Weber from Flickr.