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Do You Know the Value of Your Own Stock?

By Laura Berman Fortgang on July 21, 2010

by Ginny Kravitz, Deputy Editor

Bird in the Hand

After a 22-year career with the company, Rose became part of a downsizing. Though her severance package was fairly generous, she was very anxious about finding a job, as she was a single mother with the pressures of a high mortgage in California. After two months, Rose was offered a position with the same company in a different department. Though she was overqualified and the salary was less than what she had been earning previously, she accepted the offer. Her family’s and friends’ nervousness about her situation reverberated through the phone lines with a loud and clear message: YOU BETTER TAKE IT. Rose took their advice but inside her spirits sunk with the unmistakable feeling of taking “multiple steps backwards”.

The day after Rose accepted the offer, she was contacted to interview for a dream job to which she had applied, also with the same company. In this role Rose would be able to make a bigger impact, there was room for advancement, and the money was better, too.

The Twist: Rose would have to decline the first offer in order to interview for her dream job.
The Dilemma: Accept the bird in the hand or take a risk and go for the dream job.

Chips on the Table

Once again Rose was under significant pressure from her family and friends to take the first job. I told her that no one would fault her for going with the bird in the hand. It was a valid choice. Only you know what is right for you. What’s important is that you understand the reasons for choosing A or B and are at peace with your decision.

Neither Rose’s family nor I as her coach knew the right answer for Rose. Only she could know that. What I did know is that it was essential for Rose to define the why behind her choices and to come to terms with her own risk tolerance. What was she willing to risk and what was she not willing to risk?“

Do whatever you have to do to hear your deep truth.” That was my coaching request of Rose. This is what she did in response: wrote down the pros and cons, limited exposure to people who were worried about her, noticed fears for what they were, gave herself some time to be quiet and pray, went for walks to move her body, and slept on it one more night.

Clarity came in the morning. Rose woke up feeling calm and ready to take the risk. She would decline the first offer and go for the second. The change in Rose’s voice was palpable. She was emboldened and enlivened to decline the offer and demonstrate confidence in herself by going for it. It was as if she were saying, “I know you can’t guarantee me the job but I’m confident in my abilities and I know what I’m worth.” This action made quite a statement that was not lost on the hiring manager. Rose’s chips were on the table. She had stated her worth. Now the real test would come.

Continue reading here.

Filed Under: Inspiration to Follow Your Blueprint, Now What? Facilitator Grads Tagged With: Clarity, decline the offer, deep truth, different department, downsizing, dream job, first offer, high mortgage, hiring manager, offered a position, same company, Value of Your Own Stock, what I’m worthLeave a Comment

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