How Much Do You Lose Each Week You're Not Working?

An excerpt from reCareered's 3/14/12 newsletter that discusses how to calculate and use your opportunity costs ...

Do you know exactly how much it costs you each week you're out of work?

Most in-transition job seekers are acutely aware of their "burn rate", the amount of savings used to support yourself while in job transition.

But fewer in-transition job seekers have the same awareness of their opportunity cost - how much is lost by not working.

You'll want to think about opportunity costs on a weekly or a daily basis - it reflects how you make job search related decisions.

If you're focusing just on your annual salary and dividing by 52, you're underestimating your opportunity cost by a significant amount.

Learn how to calculate and use your opportunity costs, by reading:

https://recareered.infusionsoft.com/app/hostedEmail/6105941/17d5c6a...

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Tags: career, career advice, job search advice, job search help, job search information, resume, resume advice, resume help, resume how to, resume info, More…resume information

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