Brexit has left the future uncertain, so keep your career prepared for anything.
Every day, news about Brexit streams into our newsfeeds with seemingly no end in sight. While Britain voted in a referendum to leave the EU in 2016, the terms of how the exit will happen are still up in the air. Parliament and Prime Minister Boris Johnson have yet to agree on a deal to present to the EU, and it seems increasingly likely that a no-deal Brexit is on the horizon.
But even if a deal is approved, the final terms of Brexit won't be set in stone. A transition period, which could last until 2021 or even later, will give Britain and the EU further time to iron out the terms of their future relationship. With Britain's leadership constantly flip-flopping on the terms of the final agreement, British businesses and workers are, in the meantime, suffering the consequences of economic uncertainty.
How will jobs after Brexit be affected?
At this point in time, it's difficult to foresee the exact consequences that Brexit will have on the UK labour market. It is possible that after Brexit, the amount of EU citizens working in the UK will be restricted, leading to a mass opening of jobs that will give UK citizens more opportunities for employment. In addition, when firms must compete to attract top talent, job seekers have more power to demand higher wages and better benefits. It's even possible that Brexit will have very little effect on the UK's economy, and business will continue as usual.
However, there's a counter to every argument, and some say that if Brexit puts a chokehold on the UK's economy, growth in the labour market will stagnate, so job seekers might still see decreased job prospects. In addition, some home-grown industries that are particularly vulnerable to a loss of EU trade, such as manufacturing and pharmaceuticals, may see companies moving out of Britain. Many economic analysts are even foretelling a recession, which could lead companies to cut costs by laying off employees and freezing new hiring.
How to keep your career advancing
With everything up in the air, the best thing you can do to safeguard your career trajectory is to be prepared all around. Here are a few actions you can proactively take to make sure that whatever job losses or job opportunities Brexit may bring, your career won't be thrown off track:
1. Keep your network connections strong
In times of job uncertainty, your network is a place you can tap into for job opportunities, advice and inspiration. Conversely, in times of economic prosperity, your network is also awash with benefits in the form of opportunities for career advancements, business ideas and support. Regularly sending messages to former colleagues, attending networking events and building an online social media presence on sites like LinkedIn are all ways to keep your network strong, so it can serve as a safety net for you if the time comes.
2. Schedule informational interviews
Informational interviews are also one of those career tools that can provide benefits during both economic slumps and times of prosperity. For example, you can use informational interviews to build contacts at companies to get a foot in the door if you're suddenly left scrambling to find a new gig. In addition, learning more about different industries and lines of employment can widen the purview of your job search, giving you more options if you're looking for jobs after Brexit.
3. Make friends with recruiters
Even if you're not looking for a job now, you can proactively schedule chats with recruiters at companies you're interested in working at in the future, or at well-respected agencies. Recruiters can also give you information on market trends to keep aware of and what job-seeker traits are currently attractive to employers.
4. Keep a strong, up-to-date CV
No matter whether you're looking for a job because the market is flush with opportunities or because companies are downsizing, a strong CV is the foundational building block for your post-Brexit career preparations. The art of the CV can be a tough one to master, but luckily there are professional CV writers who can help you craft a CV that will be your winning ticket into any interview room, no matter the circumstances.
Click here to learn more about TopCV's professional CV-writing services so you are well-prepared for whatever Brexit throws your way.