So, The Traditional Career Ladder Is Virtually Dead, True Or False?
The new economy is producing a career carousel rather than a rock-solid track to run on. The experts are saying that as individuals in the job market we can expect many jobs rather than just one job. Obviously, there are some industries that will provide some long-term jobs but many have vanished or may disappear in the near future.
So, what will happen to loyalty and job satisfaction in this brave new world? I suspect that loyalty will diminish greatly and there probably will not be much job satisfaction. Luckily I will never have to experience that massive challenge, as I am a retired police officer. I can tell you that it will definitely be interesting over the next few years.
The current employment scene will definitely make people think twice before committing themselves to studying or training for years to achieve a degree or specific position. I do believe the true professional will hardly ever have a big problem finding a job and the people on a minimum wage will not either.
But the people stuck in the middle will suffer the most from the change of direction in the career ladder I believe. So, what can people do for the future to give them a fighting chance of a reasonably successful life? I feel that people will require excellent alternatives, that they can turn to in a further recession, which may well be on the horizon.
The financial world has a long way to go and may spiral downwards again, so say the so-called experts. I think that as an alternative you may wish to consider network marketing, low investment, low risk and high return. But obviously, I know that this idea may not be for everyone.
I gave 35 years to my profession and now I believe in multiple sources of income. My personal solution was to take my police pension and use that to take care of the everyday things. Then I obtained a part-time job as a health and safety instructor in the care industry, earning an hourly wage of £25/$38, working no more than 20 hours a week.
At the same time, I started an exciting home business which gives me not only a substantial bonus on direct sales but also perpetual leverage as well. Now this monetary combination or as I like to call it ‘multiple streams of income’ gives me the security, flexibility, high ticket commissions and variation I require.
But it is up to the individual at the end of the day and you have to learn to be flexible in your approach these days. Personally, I will no longer put all my eggs in one basket and rely on any one organization or job to put food on my table. But what about you, how will you approach your career, job, business or further education? I think you will require a whole lot of planning to get it right for yourself moving forward.
Now, If I can be of any assistance to you then I will gladly do that or try to point you in the right direction. So is the career ladder dead? I am not sure but I do know this that you will have to be alive to changes and alterations in your career path as you thread your way through next year and beyond.
To Your Success
Traditional career ladder