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By Warren E. Wyrostek

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Wyrostek © 2010 Pearson Education Inc. CHAPTER 4 What Can You Do? ) #5: Money Money (or lack thereof) is a big obstacle to overcome. Whether it’s the economic condition of the society, the economic demands of your family, the economic requirements to make a change, or simply what you need to earn to satisfy your own economic needs, money is a tough obstacle. Think of why you might not make a career change. You cannot afford to go back to school. You can’t afford to take all the certification tests.

When considering stock options, you have to ask what they are really worth in a volatile market. Look at what happened on Wall Street in 2008. Do some research. How long do you have to stay with a company for the stock options to have the value you are looking for? 52 A Career-Changer’s Checklist by Warren E. Wyrostek © 2010 Pearson Education Inc. CHAPTER 5 What Can You Afford to Do? (Economic Reality! ) . What hourly rate are you willing to accept? What yearly rate are you willing to accept? What about benefits?

Write them down. #9: Relocation Relocation is often a requirement for a new career. How open are you to relocating? How open are you to paying for your own relocation? A lot of companies today are not as generous as they used to be to relocating new hires. Can you afford to pay for your own relocation? Also, how open is your family to relocating for a new career for you? Is relocation an obstacle for you? Think about it and write down your thoughts. 40 A Career-Changer’s Checklist by Warren E. Wyrostek © 2010 Pearson Education Inc.

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