This is how to successfully job hunt in an economic permacrisis

From the global pandemic to fears of recession and unyielding inflation, it's little wonder "permacrisis" was declared the word of the year in 2022 by Collins Dictionary.

Fast forward to now and we're still in a state of permacrisis which doesn't seem to be yielding anytime soon.

In fact,80% of senior business leaders are worried that employee burnout will have a significant impact on business in the next year, and only 41% of this cohort believe their organizations are equipped to deal with it.

Additional research from Pennsylvania State University has found that one poor mental health day per month leads to a1.84% drop in per capita real income growth. Conversely, a study conducted by the University of California, Riverside, established that organizations which have invested in employee wellbeing saw a5% increase in productivity.

From an employee perspective, lack of support and leadership will almost inevitably equate to increased attrition, along with poor workplace culture and lack of opportunity. But in a time of crisis is it better to stay put and wait things out or look to pastures new?

Permacrisis or not, there are certain aspects to job hunting that all job seekers need to know about to land their next role.

For starters, do your research. If a company has laid off thousands of employees in the last year yet seems to be hiring again with gusto, ask yourself if this is the kind of organization you want to be a part of. Similarly, what's stopping it from embarking on another redundancy spree in the future?

Additionally, look into the company's leadership style and the values that inform its culture. You can research this kind of information via Glassdoor, but you can also find out more about leadership styles and how larger organizations operate via ESG reports.

Benefits such as healthcare, PTO and extended periods of leave for parents or caregivers will also help in weighing up if employee wellbeing is prioritized. Also look at flexible working arrangements and if a return to office (RTO) mandate which prevents remote or hybrid work has been issued post-pandemic. This will give an insight into how flexible or not a company really is.

Next, think about how you can position yourself and your skillset to establish yourself as a frontrunner during the application and interview process.

According to the World Economic Forum's most recent Future of Jobs report, resilience along with analytical thinking and creative thinking will be top in-demand skills by 2027, and employers are seeking out applicants that can demonstrate they have these attributes alongside hard or technical skills.

"There's more of a focus and an interest in having people with analytical thinking, people with creativity," explained Saadia Zahidi, managing director of the WEF, in the report.

"But it's also become very important to have leadership skills and to have social influence, and the ability to work with other people. The traits that make us human, make us able to relate with each other and to get innovative, creative things done in the workplace."

Finally, don't underestimate the power of your own professional network. Forming and fostering strategic connections throughout your career can lead to personal referrals and recommendations. Not only will these get your foot in the door, but they'll also help you tap into insider insights that you can leverage as you navigate the interview process.

Ready to put your resume and skills to the test? If a new job is something you're seriously contemplating this year, focus your search on theFinancial Planning Job Board. It features thousands of openings in companies actively hiring, including the three below.

Financial Advisor, Prudential, Canonsburg
As aFinancial Advisor at Prudential you will consult with clients to create needs-based solutions to help meet their financial goals by applying a combination of investment, protection and retirement planning strategies. You will be required to build a loyal client base by networking, target marketing and excellent customer service. You will also work on marketing strategies to continually engage existing clients and prospect for potential clients, while conducting outreach to existing clients to ensure their portfolios are current and meet their individual needs and goals.Find more information here.

Lead Financial Analyst, Database FP&A, Oracle, Austin
As the Lead Financial Analyst, Database FP&A, you will serve as FP&A lead for the Database organization and support the rhythm of business activities such as planning and budgeting cycles, in line with corporate and business requirements. Plus, you will develop financial and business models, with an emphasis on product level insights, and enable cost efficiencies across the organization, through data insight and business partnership. You will also own key gross margin reporting and work streams to provide financial health reporting and critical metrics. See the full job description here.

Financial Professional, New York Life, New York
Are you looking for a job where you can use your experience to propel your career into management? In thisFinancial Professional role you will receive training in marketing, business development, and customer relationship management so you can access a career in management. You'll start off as a financial professional, learning how to sell products, build client relationships, and meet specific requirements before transitioning into a management role. You'll then undergo a six-month intensive training program designed to prime you for success as a manager. Interested?Apply here.

Accelerate your job hunt today via the Financial Planning Job Board