Is a professional retraining in your future? Now may be the time to rethink your Canadian dream
It’s understandable that newcomers, in particular, are thinking about changing careers, as it’s been reported that around six in 10 immigrants are dissatisfied with their current job in Canada.
This may be due to pay, working conditions, or lack of career advancement opportunities.
For immigrants and refugees, the decision to change careers can be complex as you weigh the financial risks and challenges of establishing yourself in a new industry and a new country.
How do you know if changing careers is the right decision for you? What are the steps to take to successfully jump? Making those big, life-changing decisions can be difficult, and feeling confident about your new path ahead can be even more so. However, now may be the perfect time to unleash your career potential and reach new heights in a new field. With approximately 1 million vacancies in Canada, in-demand fields like healthcare, information technology (IT), engineering and community services offer plenty of opportunities to increase your income and reach the professional success you desire.
A checklist for your professional retraining
Windmill Microlending, a national charity that helps skilled immigrants and refugees with the costs of accreditation, training, education, certifications and professional development courses in Canada, created the Career Change Navigator, a free downloadable guide to help you make the best decision. you can talk about your career change.
The Career Change Navigator offers strategies to help you decide if it’s time to change careers and offers advice to guide you in developing your professional skills. It also offers a helpful checklist to help you make sure a career change is right for you. Below is an overview of the checklist. Download the guide to access the complete career change checklist.
Checklist Question #1: Have you identified what you want to achieve through your career change?
Are you looking for a more fulfilling job? Greater opportunities for advancement? A better work-life balance? It’s important to consider these questions and your career goals when determining what your next course of action will be.
Checklist Question #2: Have you explored the education or training steps you need to take to support your career change?
Find ways to develop in-demand skills in the field or industry you want to join. Review job postings and connect with professionals in the field to validate your findings and censor the training you invest in will pay off later. From LinkedIn Learning courses to quick micro-certificates, virtual bootcamps, or certifications that teach specific technical or soft skills, your training options are plentiful in Canada. Consider all your options: full-time or part-time study or online or in-person or hybrid learning models.
Windmill Client Success Coach Christopher Lau offers financial planning advice for newcomers considering investing in their education or professional development:
Checklist Question #3: Do you have a financial plan to pay for retraining, certification, upskilling, education, or professional development?
It’s important to think about your financial situation when considering a career change. How much money will you need to support yourself during this transition? Should you consider a part-time study program that offers work-school flexibility? How are you going to manage financially if you can’t continue working while you study? Here are some of the important questions you should ask yourself. An affordable loan from Windmill offers flexible repayment terms and can help you make your career transition.
If you are ready to make your big career change in Canada, take Windmill Microlending two minute eligibility quiz to find out if we can offer you a low-interest loan to pay for education or training costs to support your career change.