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21st Century Careers. May 8, 2009 Annual Professional Day Conference Mercer County Community College Marci Alboher Yahoo! “Working the New Economy” Blogger Freelance Writer / Author / Speaker. “Who needs balance?”. “ / ”.
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21st Century Careers May 8, 2009 Annual Professional Day Conference Mercer County Community College Marci Alboher Yahoo! “Working the New Economy” Blogger Freelance Writer / Author / Speaker
“The best way to make sure you will have time and money to create the life you want is to have what I am going to start calling a braided career. Intertwine the needs of the people you love, with the work you are doing, and the work you are planning to do, when it’s time for a switch.” - Penelope Trunk
Karl Hampe Karl Hampe has been drawing since he was old enough not to eat the chalk. A part-time litigation consultant and part-time cartoonist, he splits his time between Corporate America and hanging out at coffee bars pretending to do research for this strip. He sometimes confuses yelling at the television news with social activism (he can yell pretty loudly). Some - but only some - of the characters in The Regulars are based on his BFFs.
Axiom is a firm of experienced lawyers liberated from the unnecessary overhead and inefficiency one typically associates with BigLaw.
Top executives on a free agent basis.
Who Will Help These New Entrepreneurs? "A Virtual Assistant (VA) is an independent entrepreneur providing administrative, creative and/or technical services.”
Ten reasons work patterns have changed: • Women's nonlinear careers • Working longer/living longer • Delaying or not having children • Between 18-38, average of 10 employers • Rampant career change • Quest for fulfillment, not just paying the bills • Retiring retirement • Global, 24/7, virtual economy • Rise in flex-time, telecommuting • Rise in entrepreneurship (1:14)
Talk About the Generations 1. US Census Bureau Press Release, 1/3/06 2. American Demographics, 4/1/04 3. Deloitte Consulting, 8/6/06
Demographic Profiling A new vision of retirement is taking shape for Americans as Generation Xers and Baby Boomers reinvent work roles for their golden years… Workers describe a desire to continue working after full- time employment, but on their own terms. Unlike the “work-free” retirement experienced by their parents, Americans seek a work-filled retirement focused on fulfilling personal goals and contributing actively to U.S. economy and society. (John J. Heldrich Center for Workforce Development, Americans’ Attitudes About Work, Employers, and Government, 2000) In essence, [Generation Y wants] to be “paid volunteers” – to join organizations not because they have to, but because they really want to, because there's something significant happening there. (Carolyn Martin & Bruce Tulgan, Managing Generation Y, 2001) Boomers are more likely to be work-centric than other generations. Gen-X and Gen-Y are more likely to be dual-centric or family-centric. (Those placing a higher priority on work than family are considered work-centric, those placing higher priority on family than work are considered family-centric, and those placing the same priority on their job and family are considered dual-centric.) (Families and Work Institute, Generation and Gender in the Workplace, 2002) Millennials are more likely than the other age cohorts to agree that twentysomethings value work-life balance more than earlier generations… They are also more likely to include “flexible schedule” in their top five ideal job requirements, and more of them want ample vacation.” (JWT, Millenials: Myths vs. Realities, 2008)
Mid-Career Challenges What is FACTS? • F is for FIXED • Less high-profile work • More predictable hours • A is for ANNUALIZED • Intense, high-profile work • Followed by longer reprieves • C is for CORE • Designing work in blocks of hours • Around outside commitments & work demands • T is for TARGET • Agreed-upon hours & compensation • Set annually & tailored per lawyer • S is for SHARED • Two lawyers work as a team • Staffed to step into each other's shoes
Junior Lawyers Making Waves building a better legal profession is a national grassroots movement that seeks market-based workplace reforms in large private law firms. by publicizing firms' self-reported data on billable hours, pro bono participation, and demographic diversity, we draw attention to the differences between these employers. we encourage those choosing between firms — students deciding who to work for after graduation, corporate clients deciding who to hire, and universities deciding who to allow on campus for interviews — to exercise their market power and engage only with the firms that demonstrate a genuine commitment to these issues. b.b.l.p. is dedicated to helping law firms and lawyers recommit to a legal profession devoted to effective and efficient client service, to lawyers as people, and to the roots of our profession in service.. by advocating for we are working to ensure that practicing law does not mean giving up a commitment to family, community, and dedicated service to clients reforms to law firms we hope to help keep law both a business and a profession to be proud of.
A Possible Alliance Make the Workplace Fun to Retain your Gen. X, Y Workers Tim Shaver • The Nashville Business Journal, TN • March 28, 2008 "Gen X and Y workers are not company loyal, but they are innovative, creative and tech savvy. To retain them, offer them benefits that they see as valuable to maintaining their lifestyle and adjust your management style to get the most from them. Here are some suggestions. Offering a variable work schedule - flexible hours or working from home - goes a long way toward attracting and retaining Gen X and Y talent. Flex-time lets employees avoid rush hour traffic, attend a child's event or go surfing. Many Xers and Ys feel flex time and telecommuting make their lives better.” Boomers, Don't All Retire at Once! Connie Midey • The Arizona Republic • March 26, 2008 "As you get older, you may need to work or just want to work," said Starns, executive director of the Governor's Office on Aging. "But you may not want to do the same thing you've been doing for 30 years."…The initiative will recognize businesses that create "mature worker-friendly" environments, she added. "All this is going to require businesses to think differently about things like workplace flexibility. But the good news is that a lot of the accommodations they can make for mature workers are also really appealing to Generation Y.” A Message to Generation X Published by Ryan Healy on March 24th, 2008 in Career Development, Employment Most of the questions I get from Human Resources and Recruiting professionals about Generation Y are the same. They are all about why this generation expects to get so much so fast, why we feel entitled to flexibility, why we think we deserve high pay immediately, and so forth. The thing that surprises me every time is that it's not the Baby Boomers who are so upset with Gen Y, it's the Gen Xers. The more I pay attention, the more obvious it is that it's the Gen Xers who think we're just lazy, entitled Millennials.. . . Gen X and Gen Y want the same thing! The problem is that Generation X did not get what they asked for, and Generation Y is seeminglybeing catered to like we are owed something. . . . I think it's time for us all, X and Y, to move forward, together.