3. Work rules are changing
Business Week tells a story about an executive assistant to the Senior Vice President at Cisco in Silicon Valley. She moved to Dallas with hubby and they kept her on. Now when visiting the Senior Vice President you see “Virtual Margaret” and she can see you. She sits at her desk in Dallas and you see her on a sixty-five inch plasma. She can communicate with you real-time and see all activity in the office. She can even overhear her boss’s phone conversations to anticipate his needs. Now, that’s what I am talking about!
Work is global and highly technical now. Business Week did a poll that predicates that over 28 percent of US workers will be on first name basis with someone in India in the next 10 years. Not surprising to me. No longer is work about putting in your thirty years at a good stable company and retiring with a fat retirement provided by the company and getting that social security check. Work is about making it for yourself. Pick something you enjoy and make your money you need to pay for yourself in retirement. There is no one to depend on anymore but you!
4. Loyalty and Job Satisfaction
Businesses need to understand that in order to be successful they need to create loyal employees and job satisfaction. If you aren’t doing that you are missing the boat and will be lucky if you can remain afloat. People make your business no matter what it is. Treat them right. Give them flexibility. Meet their home life needs first and then the businesses needs second. Praise them. Make them feel special and owners of your company even if they technically are not. Give them perks. Share the wealth! If you do that, you will get loyalty to the end!
5. You better pay me!
Part of building loyalty is paying people what they are worth and making working for you worth their time. Keep their bills paid and they will keep yours paid! Simple as that. Get stingy and well . . . ya know. I am a mom now. My time is valuable so ya better make it worth my time to work for you! Part of my frustration re-entering the workforce was that I found it difficult to go back to the pay I was receiving when I left my career. I thought I might not start out as strong, but I thought I would get close. Part of the problem might be what Business Week pointed out. They said that rising incomes for educated workers have come to a halt since 2000. We are temporarily experiencing a wage stagnation yet college prices are up 60 percent. Craziness.
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