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Monday, May 28, 2007

Careers with Flexiblity - Needed, Wanted and on the Way


Employers are starting to hear us!

Three recent reports highlight careers desired by moms,

retirees. Employers are starting to listen.

Three studies have recently been published that address the career desires of people

like us: disenfranchised workers – moms, caregivers, retirees and those who just can't

or don't want to work full-time hours – who want to make a professional contribution.

In the past, we've been shunned from the workplace because of our need for flexible

work arrangements. The studies reveal that the time has come for this once-hidden

market to be exposed. The best part is...employers are starting to listen!


In an early April, 2007 Gallup Poll survey entitled, “This is Not Your Father’s

Retirement,” (http://www.galluppoll.com/content/?ci=27580), Lydia Saad found:


Nearly 75% of non-retired Americans say they plan to rely on income from

part-time work after they “retire,” to help fund their golden years. 21% of this

group says part-time work will be a major source of income for them.


27% of current retirees fully retired at age 65 or older. 57% of non-retirees

say they will fully retire at 65 or older. These differences reflect changes in Social

Security laws, but may also include changes in societal norms or the financial

needs of retirees.


In her book “Off-Ramps and On-Ramps,” author Sylvia Ann Hewlett found that

employers are missing a huge talent pool by not creating positions for women who

voluntarily leave the workplace:


On average, women “off-ramp” from the labor pool for 2.2 years.

93% of them are trying to re-enter.


45% of women “off-ramp” to spend more time with their children.

24% do so because of an elder care crisis. A full 31% leave the workforce for

non-caregiving activities.


Hewlett found that several large firms like Booz Allen, UBS, Ernst & Young, and

Time Warner are creating programs to help women succeed as flexible-schedule

employees. A Tuck Executive Education at Dartmouth et al study (http://www.aquent.com/docs/pdfs/Aquent_Tuck_Career_Pathways_Survey.pdf)

found:


Even though 85% of hiring managers said it was important to expand their employee

recruitment pool, only 34% hire those seeking flexible work options.


Within the next ten years, 85% of corporations said they would expand their

recruitment strategy to include project-based staff and former employees who had

left the workforce.


45% of these companies are currently utilizing this technique.


Aquent, the world's largest marketing staffing firm and one of the study's sponsors,

is drawing from the at-home pool as a new source for its interim staffing programs.


I am confident that the reports’ findings will help open employers’ eyes to the

“treasure trove” of talent that is not currently being tapped. With 78 million Baby

Boomers becoming retirement age-eligible, and only 49 million Gen Xers behind

them to fill their shoes, employers must be more creative with how and whom they

hire.


This data helps to reinforce the mission of MyPartTimePRO.com. One of our goals

is to educate employers about the pool of talent they are not tapping into by creating

positions that provide little work/life balance. Then we aim to link these enlightened

employers with this wealth of "employee resources."


If you come across any interesting studies, additional information/articles/books or

companies that proactively recruit employees who require a work/life balance, please

share them with me. The more success stories we have, the easier it will be to inform

future employers.


Thank you!

Ilyse Shapiro

Founder, MyPartTimePRO.com

Ilyse@MyPartTimePRO.com




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Sunday, May 27, 2007

This Week in TNNW

Mid-Atlantic: Is your Networking Not Working? By PAUL MORRIS
Recently, I had the pleasure of speaking with an extremely interesting and fascinating woman in the Networking community, Biba Pedron, founder of Biba4Network in New York City. She is known as “The Connection Queen.” I believe you’ll find her Networking story as interesting as I have.

Southern Plains: Aimee Iarussi - Queen of Networking. By PETER BIADASZ
I am honored to introduce to you Aimee Iarussi, organizer of the DFW Business Network Meetup Group, and called by many “The Queen of Networking.” Under Aimee’s leadership, the group has grown to over 2,400 people since January of 2005. Aimee’s philosophies are many, yet simple: To quote her, “I have three mottos that I adhere to and try to follow through all of my life. 1.) Take responsibility for my own actions, 2.)Give credit where credit is due and, 3.)Share my pot of gold.

Entrepreneurial: Killing the Killer Storms. By *LOUISE FLODIN
David Vondracek, has always been a “Curious George.” He doesn’t consider any problem to difficult to solve. When a friend mentioned to him how horrible hurricane Katrina was in respect to loss of life and property, David realized he was already researching a way to stop hurricanes. “I’m working on it,” David stated with a smile. To those who know David, we hear him say this repeatedly.

Financial: Bankruptcy is about Starting Over. By MEIRA FINDEL
What do you do when you are facing foreclosure, judgements and creditors are harassing you? Well one option is BANKRUPTCY.

Minority-Based: Creating Community. By MARIA ELENA DURON
For the past three month’s, we’ve highlighted connecting with minority based businesses and organizations. This is the third step in making a great connection with diverse communities. Step one is create awareness. Second, to be inclusive. Third, is to create community.

Sports: Thomas Tackles Fund-Raising. By SCOTT MANTHORNE
Like many professional athletes, Robert Thomas has always been focused on what he can do for his community. A gifted athlete from birth, he maximized his gifts to become a successful player in the National Football League.

Creativity in Networking. By HARVEY MATHASON
JetNetting with HESHIE SEGAL
Power Thought of the Week. By PATRICIA PARHAM, Ph.D.

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Thursday, May 24, 2007

Knowledge @ Wharton - A Great Free Resource

Bridging the Trust Divide: The Financial Advisor-Client Relationship

When it comes to selecting a financial advisor, trust is key. Although that
might sound elementary, the results of a recent survey conducted by
Knowledge@Wharton and State Street Global Advisors (SSgA) show that
many advisors are failing to cultivate trust through careful communication
of the value of their services, sensitivity to client needs, and competence
in discussing rates and other potentially awkward topics. In fact, according
to the survey, there is a serious gap between how well clients think their
advisors are doing and the advisors' much higher opinion of their own
performance.

In this special report, Knowledge@Wharton and SSgA look at the qualities
that underlie strong advisor-client relationships. Industry experts and
Wharton faculty weigh in on how trust is eroded, how expertise, ethics
and empathy factor in, and what can be done to tackle sticky issues like
transparency in fees. The report also includes a discussion of the
SSgA-Knowledge@Wharton survey results and a follow-up focus group
on investors' attitudes about advisors.
http://knowledge.wharton.upenn.edu/weblink/329.cfm

Finance and Investment
Next Moves in a Global Economy: Podcasts from the 2007 Wharton Economic Summit

During the recent 2007 Wharton Economic Summit, Knowledge@Wharton
recorded nine podcasts with speakers and panelists at the event, whose
theme was "Next Moves in a Global Economy." The interviews are with
Jeffrey R. Lurie, owner of the�Philadelphia Eagles Football Club;
Shellye L. Archambeau, CEO of MetricStream; Ramkrishan (Remi) Hinduja,
chairman of�HTMT Global Solutions, together with Sashi P. Reddi,
CEO of Applabs Technologies; Marc Utay, managing director of Clarion
Capital Partners; Kenneth Shropshire, director of the Wharton Sports
Business Initiative; Shiv V. Khemka, vice chairman,�SUN Group; Clark
Callander, managing director of�Savvian; Amy Errett, CEO of Olivia,
William L. Mack, senior principal,�Apollo Real Estate Advisors.

http://knowledge.wharton.upenn.edu/article/1743.cfm

_________________________________________________________________

Articles and Links from Knowledge@Wharton Sponsors

Wharton Alumni Magazine:
Quarterly news, research, and interviews related to the faculty, alumni, and students of the Wharton School
http://knowledge.wharton.upenn.edu/weblink/327.cfm

_________________________________________________________________
Help Spread Knowledge
Do you know people who might be interested in these research studies and
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The Knowledge@Wharton Newsletter is a free service of the Wharton School
(http://www.wharton.upenn.edu/) of the University of Pennsylvania. Its
companion web site, Knowledge@Wharton, includes full details of the
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To read these stories, go to
http://knowledge.wharton.upenn.edu/
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The Emergence of The Relationship Economy

The Emergence of The Relationship Economy
The Emergence of the Relationship Economy features TNNWC Founder, Adam J. Kovitz as a contributing author and contains some of his early work on The Laws of Relationship Capital. The book is available in hardcopy and e-book formats. With a forward written by Doc Searls (of Cluetrain Manifesto fame), it is considered a "must read" for anyone responsible for the strategic direction of their business. If you would like to purchase your own copy, please click the image above.

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