The Professional, Co-Authored by Dr. Mrim Boutla
People have begun to realize that there is more to a job than just financial security and professional development.
People are realizing they need purpose and fulfillment in their work, and in many cases are willing to sacrifice pay to get it. Many businesses don’t fully understand that “good” business pays immense dividends when it comes to employee creativity, productivity, engagement, and retention.
For example, one Harvard study showed happy employees had “16% better overall performance (as reported by their managers) and 125% less burnout (self-reported) than their peers. They were 32% more committed to the organization and 46% more satisfied with their jobs. They also missed much less work and reported significantly fewer doctor visits, which meant health care savings and less time lost for the company.”
Many people don’t recognize that they can choose to “do good” at any company, including the one they already work for. It’s possible to fundamentally transform a business from the inside out. From reducing employee turnover to producing brand loyalty among customers and reducing paper/energy usage, it now makes business sense to join the good economy.
Young people in particular have demonstrated an enormous desire to work in the good economy. “Generation Y makes up the largest percentage of the workforce (35%) and will make up almost 75% of the world’s workforce by 2025. 30% of young people surveyed think meaningful work is important compared to only 11% of older workers and 59% of young people would deliberately seek out employers whose corporate social responsibility values matched their own (27 Shift).”
Unfortunately so far, the demand for meaningful jobs have outpaced supply. Within the nascent industry of social enterprise, many businesses are still working to break even, resulting in a limited ability to hire additional employees. As a result, positions generally go to top talent. Employers often brand young people as having “rose colored glasses” or all-heart-but-no-practical-skills to push the business forward. Successful candidates have realized that they must focus on acquiring the appropriate skills to bring to the table such as project management, engineering, quantitative analysis, financial modeling, languages, and now social media (even if it means interning for free).
To help navigate “The Professional” space in the good economy, we’ve assembled a working list of resources below to help you succeed. We don’t claim to know it all so please pay it forward and comment with your input so that we can effectively grow the good economy together.
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