While many savings, investment, and retirement plans are available to achieve financial goals, other actions are possible to achieve personal ambitions. Financial advisors and counselors also recommend these actions:
- Learn a new skill, which can result in time away from shopping or expanding your career and income potential.
- Invest in friendships that does not involve a major monetary requirement as many free and low-cost activities are available.
- Participate in a reading challenge at your local library or through a community organization.
- Create art by getting involved with writing, photography, drawing, or sculpture through a community-based group.
Many activities are available to invest your time and energy without spending much money.
For additional information on non-financial goals, click here.
- Have students list free and low-cost activities that can enhance personal and career development.
- Have students talk to others for additional suggestions for free and cost-cost personal and career development activities.
- What factors might a person consider when selecting an activity to enhance personal and career development?
- Describe personal development activities that could result in enhanced career and income potential.
Conducting an annual review of your career situation is vital for long-term success and satisfaction. To achieve career goals, avoid these mistakes:
- Ignoring relationships within your organization. Connections with co-workers and managers is often reported as one of the most important factors for career advancement.
- Not getting proper rest. Sacrificing sleep for achieving career goals can be very dangerous, such as creating stress in your relationships with co-workers and hindering job performance.
- Becoming too diversified. Select an area of expertise to focus your efforts and energy.
- Limiting your network activities. Expanding and connecting with contacts allows you to be aware of more opportunities while also developing awareness of industry trends.
- Not being care in your social life. With social media, many aspects of your private life become public. Be cautious of what you post online.
For additional information on career mistakes, click here.
- Have students talk with friends about their experiences with these career mistakes.
- Have students suggest actions for avoiding these career mistakes.
- What situations have you heard of that resulted in limited career advancement?
- Describe other possible career mistakes that might be avoided.
“The war for talent that obsesses tech companies is intensifying and is about to spread economywide.”
This Fortune article is a must read for job seekers in today’s world, Geoff Colvin explains that after nine years of sluggish economic growth, the economy has turned the corner and creating jobs at a record pace. The hiring boom is not only creating opportunities for unemployed workers, but also currently-employed workers who want to get a better or higher-paying jobs.
In the current job market, employers are seeking talented employees that have a great future. Traits that include creativity, the willingness to work hard, and love of learning often help employers evaluate potential. Digital skills are very important, but not restricted to just tech companies. For example, many retailers are hiring workers who can use digital skills to reach customers in new ways.
Human skills are also more important than in the past. Companies want workers to feel they’re part of the organization and a valued asset. These “same people” skills are very important for workers applying for management positions.
For more information, click here.
You may want to use the information in this blog post and the original article to
- Reinforce that employers want workers who have the knowledge and skills that they need, but also are willing to work hard, become part of the organization, and keep learning once they get the job.
- How do you develop the traits and skills so that employers are willing to pay you a salary?
- If you were an employer, how would you choose between job applicants applying for a customer service position at American Airlines? What traits and skills are most important?
Nearly everyone has minor stumbles in a job interview. However, these flaws can be overcome with actions to engage the interviewer. Some ways to make yourself memorable in an interview include:
- Start the interview with a question or comment that reflects your preparation about the company.
- As appropriate, answer the questions you are asked with a question. This approach is usually only valid when talking with operating staff, but not with a human resources person.
- Remember to emphasize your awareness and potential contributions to the needs of the company, including ideas for addressing current concerns and market opportunities. Rather than a specific solution, communicate your sensitivity and awareness of their problems.
- Show your humanness through humor, openness, and vulnerability.
- Prepare with strong research on the company that allows you to better answer expected questions and to interact as you discuss your experiences and potential organizational contributions.
- Think and talk like a consultant to communicate confidence and competency.
For additional information on strong interview impression, click here.
- Have students role play situations interview situations that they might encounter when applying for a job.
- Have students create responses to potential interview questions based on the suggestions in this article.
- How might the advice offered in this article be used when you are in an interview situation?
- Describe some common mistakes people might make in interviews. Explain actions to overcome these mistakes.
“Letting Employees Work from Home Can Be a Win-Win for Employers and Staff Alike.”
For employees, the option to telecommute appeals to a vast majority of full-time workers. Research by Global Workplace Analytics found that there are benefits for employees and employers when employees telecommute and work at home. For employees, the chief advantages are
- Reduced time commuting to work
- Lower costs of commuting to the office
- Less stress of juggling the demands of work and family
There are also benefits for employers including
- Less office space is needed because not every employee works in the office every day
- Lower expenses for rent or costs associated with ownership of office space
- A new way to attract talent because employees like the option of working at home
- Increased employee motivation and engagement because telecommuting is considered a benefit
The top five companies and organizations that encourage telecommuting are:
- United-Health Group
- S. Department of Agriculture
For more information about this article and a complete list of the top 20 companies for telecommuting, click here.
- You may want to use the information in this blog post and the original article to point out the benefits of telecommuting.
- Not everyone is a candidate to work at home. What traits and time management skills are needed if you obtain a job where you can work at home?
- Are there disadvantages to telecommuting and working at home?
Career planning experts offer a wide variety of guidelines for moving forward in your employment situation. Use of the following questions can help you develop an action plan for greater career success and personal satisfaction.
- What do you like to learn?
- What do you do in your spare time for fun?
- Are you creating a career for your parents, for society, from your own excitement, or for money?
- What is your definition of work?
- What challenge excites you the most in your life right now?
- What impact do you want to have on other people’s lives or in the world?
- Do you feel confident that you are exceptional at something?
- What do you want: more joy or more power?
- Do you want to be like your parents? Why or why not?
- What do you do that builds your confidence?
- How often are you bored
- Are you proactive about sharing your ideas with your team and managers?
- Whom do you admire most? Are they passionate and purpose driven by their work?
- When you make decisions about your career, do you often consider what other people will think of your decision?
- What advice would you give yourself today about where you are in your career based on where you want to go?
- What does success mean to you?
For additional information on essential career questions, click here.
- Have students use one or more of these questions to talk to others about their career planning activities.
- Have students prepare answers to several of these questions to help guide their career planning activities.
- Which of these questions are most valuable to you to guide your career planning activities?
- What are some additional questions that you might ask yourself or others to help guide their career planning?
Several companies provide benefits that go beyond the usual to serve their employees. Some examples include:
- IKEA offers as much as four months paid parental leave to both part-time and full-time employees after working for the company for a year.
- Bain & Company sponsors an annual soccer tournament for employees in different locations around the world.
- Facebook provides healthcare coverage and free housing for interns.
- Starbucks provides full tuition reimbursement for employees for an online bachelor’s degree through Arizona State University.
- Eventbrite offers a monthly $60 wellness stipend for use on expenses such as gym dues and juice cleanses.
- Deloitte offers sabbatical programs. One is an unpaid one-month sabbatical, which can be taken for any reason. Another is a three- to six-month sabbatical for personal or professional growth with 40 percent pay.
- Southwest offers employees and dependents access to Clear Skies, which provides confidential counseling and legal consultation.
- Timberland employees can take up to 40 hours of paid time off per year to volunteer.
For additional information on unique employee benefits, click here.
- Have students talk to others about the employee benefits they believe to be most valuable for their life situation.
- Have students suggest employee benefits that would be of value for various household and life situations.
- Describe family and life situations that would be helped by various employee benefits.
- What are factors people might consider when determining whether to take a job with an organization?
“Many job seekers focus so hard on answering interview questions well that they forget something very important: You are there to ask questions, too.”
In this Forbes article, Joe Konop explains why job applicants need to be proactive when they are interviewing for employment. Specifically, you should strive to achieve three things during the interview
- Make sure the interviewer has no reservations about you.
- Demonstrate your interest in the employer.
- Find out if you feel the employer is the right fit for you.
Mr. Konop also provides 10 possible questions (and the rationale for asking each question) that you could ask during an interview. For example
- What is the single largest problem facing your staff and would I be in a position to help you solve this problem?
- What can you tell me about your new products or plans for growth?
- What is the next step in the process?
For more information, click here. Then enter the title of this article “10 Job Interview Questions You Should Ask” to read the actual article.
You may want to use the information in this blog post and the original article to
- Help students understand that the job market is very competitive, and they must be proactive to get the employment position they want.
- Describe how preparing for an interview can make the difference between obtaining the employment position they really want and unemployment.
- Choose a specific job and describe the traits that you would need to be successful.
- Assume you are a college senior and are interviewing for a position with a major employer in the marketing, banking, or accounting industry. How would you prepare for a job interview with this company?
- What factors make the difference between a good employee and a bad employee?
Studies reveal that most people do not enjoy their work. In an effort to enhance your career satisfaction, career coaches recommend answering these questions on a regular basis:
- Am I doing something that is aligned with my core values?
- Am I doing something that leaves a lasting impact?
- Am I doing something that is related to my natural talents, aptitude, and disposition?
- Am I stretching myself a little every day?
- Can I see myself doing this same work five or ten years from now?
Responses to these questions will allow you to make a better connection between your passion and meaningful work activities. To assess your strengths and interests, use tools such as the Myers-Briggs personality test, Pathway Planner, StrengthsFinder 2.0, and the Enneagram personality assessment. While aligning your work with your talents, aptitude, and dispositions, also continue to challenge yourself.
For additional information on career assessment questions, click here.
- Have students ask others for their answers to these career questions.
- Have students research various careers that who allow them to make a better connection between their passion and meaningful work activities.
- What are actions a person might take to plan for a satisfying career?
- How might a person research careers that provide meaningful work?
Online selling, personal taxi services such as Uber, and renting a spare room to tourists, are examples of an increasing number of people generating or supplementing their incomes by trading goods and services online. This trend is often replacing traditional employment.
Measurement of the “gig economy” (working outside a formal work environment with temporary, short-term employment by independent workers) is difficult. Many situations are not reported in current labor statistics. In recent years, the fastest growth for self-employed workers has been in hairdressing, cleaning, and management consulting. While these services may be in the gig economy, this trend may also indicate growing formal self-employment in these fields.
Gig economy activities may start as temporary work due to a lay-off or a need to supplement household income. However, as time goes by, these self-employment positions can become a person’s ongoing employment status.
For additional information on the gig economy, click here.
- Have students describe examples of the “gig economy.”
- Have students explain the “gig economy” to others (including different generations) and get their reactions.
- What factors influenced the development of the gig economy?
- How might the gig economy affect a person’s financial planning activities?