IS CAREER MOBILITY A GAME? IF SO, WHAT ARE THE RULES?
Recently, someone told me that career mobility is a game. If this is true, where are the rules? How does one prepare for the game of career mobility? Will experience, an impeccable work ethic based on hard work, diligence, and honesty prepare you for this "game"? Perhaps education and hard work is the key to moving up the corporate ladder.
Is career mobility, simply a game with no rules?
According to a report published by Georgetown University there are five(5) rules to the career game.
Education Matters. The first rule suggest that education still matters and provides that the median earnings of a high school diploma holder are $36,000, while a BA holder makes $62,000, and a graduate degree holder earns $80,000, on average. Salary increases with each additional level of educational.
Majors matter more. A bachelor’s degree in architecture and engineering leads to median annual earnings of $85,000, while the median annual earnings of education majors are
Majors are important, but they do not control one’s destiny. The top 25 percent of liberal arts majors ($81,000) make more than the bottom 25 percent of architecture and engineering majors ($60,000).
Less education can be worth more. Twenty-eight percent of associate degree holders, and many workers with one-year certificates, earn more than the average BA holder. Some bachelor’s degrees holders earn more than the average worker with a graduate degree.
Most humanities and liberal arts majors never catch up with the highest-earning majors such as STEM, healthcare, and business. Earnings for majors such as business, biology and life sciences, and physical sciences can overtake earnings of social science majors for older workers.
I appreciate the report by Georgetown, it offered some great information but after much consideration and my many years of experience in corporate America and the one family-owned company I worked for I have come up with FIVE rules to the game of career mobility and also a bonus rule for survival.
GROWTH. Whether you are a high school graduate or Ph.D., continue to learn and become knowledgeable in the field that interested you.
Confidence. Continue to grow and walk in confidence. Know that you know that you know.
Network. Join meetups and other networking groups to meet people who share the same career or hobby. Join linked, ensure that your profile stands out, and use the online tools to become a 4-star member.
THE NEXT TWO ARE ALSO MY OPINIONS BUT THEY ARE MY FAVORITES😀
Focus. I am not sure if loyalty is dead but from where I stand I do believe its in hospice care. So my advice to anyone is to stay focused on your goals. Maybe your goal is to find a company, with a 401k benefit, where you can save and retire from that company; perhaps your goal is to gain skills, experience, the money, take advantage of the college reimbursement or you might even be there for the health insurance... Whatever your purpose is for getting up to work every day, please keep your eye on the prize and not worry about who got this promotion or raise. Do not block your blessings worrying about other people, gossiping or losing focus on your goals. Stay FOCUSED.
Also, if you are an entrepreneur it is still imperative to stay focused on your goal for your company and where you want to take the company.
EDUCATION. Finally, I believe that with education comes confidence, power and the money will surely follow. Never stop learning, people can take many things from you but they can not take those things you have learned.
Multiple Sources of Income. Are you prepared to be laid-off today? It is said that the average person is one paycheck away from being homeless. We all know someone who fell on hard times after becoming unemployed. Like I said earlier, loyalty is a thing of the past most organizations do not care where people end up when they hand out pink slips. I will talk more about handling lay-offs and provide ideas for other income in a later post.