You Have to OWN Your Career!

You brush your own teeth, try to make healthy food choices and take vitamins. Take responsibility for your career in the way you manage your health. I can’t take enough spoons full of liquid fish oil to help you realize the benefits of Omega 3s. Expecting someone else to manage your career for you is like asking your spouse to get a knee replacement to alleviate your knee pain.

Two interesting things happened this week. I took a couple of days of PTO to reconnect with friends and was totally inspired by two career stories.

The first is about a friend who put together a business case to ask for a raise. That in itself is career management and owning your career. How many people think they deserve to be paid more? Most. How many people can put together a business case that shows that above and beyond performing their job in an excellent way—they presented a plan to save their organization a lot of money and have helped another department meet their goals?  Very few. My friend called her meeting with her boss an “Epic Fail.” She wanted a merit increase or a substantial bonus. Instead she received a one-time (4-figure) bonus after meeting with her manager.

I don’t consider this an Epic Fail at all. My friend doesn’t realize her conversation was probably a genius move. First you have to understand how organizations work (sadly, this does not apply to family-owned businesses). No matter how much power, clout or bravado your manager has-their hands are generally tied in matters of compensation. The HR professionals that read this blog will confirm that “Comp” is 80% science and 20% art. Compensation is benchmarked with similar roles in the market, industry and region. There are minimums and maximums your salary must land in or you find yourself in the unenviable position of being paid more than your range. If you receive a flat one-time payment when everyone else receives a 1-5% merit increase—you’ve maxxed out of the range. The only way to stop that madness is to be promoted to a “Senior” title in your current role or increase a step like moving from a Scientist II to a Scientist III or make a lateral move that puts you in a different classification. If your organization does business with the federal government, paying employees random salaries can land them in BIG TROUBLE with an acronym that strikes fear in the hearts of HR professionals across America—the OFCCP.

Why is it Genius Move? Her boss now knows more about what his employee does which could help at merit time. If she can do her job, identify organizational saving strategies and help another department while performing her job highly—maybe it is time to leverage her skills in the next level job. No matter what happens internally, it is time to update her LinkedIn profile incorporating these new accomplishments. Her options are to stay put if she’s happy and look around if she’s not—she’s given herself options. That is career management at it’s finest in my opinion. (Read About the Second Story in Part 2).

Increase Your Job Satisfaction

Recently I addressed an alumni group about navigating the multigenerational workforce and creating a satisfying career. The overall age of the audience is somewhat younger than the groups I generally present to—most of them were at or close to a decade in the workforce. This provided a great opportunity to learn how the work experience differed than what they expected in college. I also asked what the audience thought they might be doing if talked again in ten years.

Their responses were surprising. Over half the audience had aspirations to own a business. Now maybe it was because the audience was young, intelligent and ambitious (they were spending a Saturday morning at an alumni networking breakfast) or maybe this audience viewed their roles at work much differently than the 40+ worker.

I’m guessing it is the latter. Of the twelve participants that planned to evolve into entrepreneurs, all of them are currently employed by large business and many are already promoted into supervisory roles with direct reports. Three of the young 30-somethings had impressive budget responsibility and large organizations reporting to them. Rather than look at their current companies as a place to make the proverbial climb into the corner office with plush carpet, a gatekeeper in front of their door and other discreet executive perks; they appeared to view their jobs as an extension of their education. Their income was being used to pay off student loan debt, but what company’s name was on the business card could not have matter less. Emergency in the employee engagement aisle!

Employees joining the workforce in the 1970s and 1980s, came of age in more of a “carrot and stick” management style. The carrot was the first promotion. If Bob performed well as a technician II; then Bob become a technician III or (gasp)—a Senior Technician. That changed for many Fortune 500 companies in the mid-1990s as they dabbled in “Broadbanding”. If you worked for a company that missed the Broadbanding bus (lucky you)—it is when a company flattens the hierarchy, eliminates levels of management, makes it really difficult to get a promotional title change and replaces a large number of salary levels with a small number of salary grades with broad pay ranges. That is as simple as I can make it sound. It would take a highly paid consulting practice leader to make Broadbanding sound logical today. In the era of mergers/acquisitions that was the 1990s, a suave HR consultant could spin it to make sense. My audience impatiently expects titles and pay increases now--or they are leaving even with 8% unemployment.

The 40+ worker believed their company was the beginning and the end while this cohort of twenty-five to thirty-two year olds view their work as a means to an end.   They were much more interested in my four years of entrepreneurship and how I build blog traffic than an audience of their peers a decade or two older.  They appeared to be simultaneously engaged in their jobs today and could fire off a text with their resignation tomorrow. Corporate loyalty? They snickered as if my AARP card had fallen out of my wallet.

Over dinner, I was discussing this event with friends for their assessment. One astute observation was that my audience included children of Baby Boomers. They lived through their parent’s being laid off in corporate downsizings; they were relocated as children when their parents moved to start new jobs and they understand that for as much as a company provides their payroll direct deposit today—these young people think like freelancers or 1099-workers. More experienced workers have additional considerations including aging parents, health issues, young adult children or in some cases second families with young children---adopting the mindset of a younger generation where it makes sense, could be your ticket to increased career satisfaction.