It’s May again, that exciting time of year when newly-minted college graduates venture out into the world and attempt to find a job. Or perhaps go to Europe and attempt to find themselves instead until the hiring freezes are lifted. What will increase their chances of success?
It seems as though it’s getting harder and harder just getting onto the bottom rung of the “career ladder” (a term which, as someone who works in HR, I can tell you is on its way out as an inappropriate metaphor for the working world – think less in terms of defined rungs and more in terms of the moving staircases in the Harry Potter movies – you never know where you’ll end up). What happened to slogging through a terrible entry-level job booking meeting rooms and fetching coffee, paying one’s dues in order to move up to a better job in a year or two? Is that still necessary, or have things changed?
Well, as it turns out, a lot of things of changed. Many articles have been written about them: an economic slump which has meant declining hire rates and more people being let go; a majority of baby boomers who were supposed to be leaving the workforce in order to live out their golden years on pensions we’re paying for who are not; a glut of “over-qualified” university graduates with little practical experience (which, as we all know, entry-level coffee-making jobs require) who are driving up competition for the few full-time jobs that are out there; and organization structures that are getting flatter, with fewer roles at the top. So the situation now is that one can work making coffee and booking meeting rooms for three or four years and perhaps find there’s no promotional pot-of-gold at the end of the rainbow, or find that it’s still a few years out.
So where does that leave new graduates? If “paying your dues” was the baby boomer way to climb the corporate ladder (which actually existed then), what happens now? As my favourite career blogger, Penelope Trunk, once wrote: paying dues is out; that kind of lifestyle doesn’t allow for real growth or balance at work, because it forces new recruits to work ridiculous hours doing menial tasks. (It also sets a precedent that’s hard to follow once you have commitments outside of work.)
What’s better? In theory, doing many different things to acquire enough experiences to figure out what we really want to do over the long term. One of the advantages new grads have is the freedom to move around and go where the jobs are. But the trouble with this theory is that the way the job market is structured now, we need to be very sure of what jobs we want, specialize early, and be prepared to slog it out for several years gaining “relevant experience” in our field. There is little room now for dilettantism, or having jobs “on the side.” Everything is a career choice.
Take the classic “job on the side” for everything from aspiring writers to rock stars: teaching. Teaching used to be the kind of thing that anybody could do (and there were, accordingly, great teachers and some not-so-great teachers in the mix). Now students are fighting tooth and nail to get a place at teacher’s college, often resorting to attending a school in a different country. And once they graduate, the job market looks terrible – there is a two-stage application process even to be considered for a supply teaching job. And don’t even get me started on academia as a career.
So despite the fact that it’s better to do different things, we’re now seeing a kind of apprenticeship model reborn, with high entrance requirements to every guild. Career experts say that Gen Yers will have something like 10 different careers in their lives – but in order to do so, we’ll need to have transferable skills, and know very well how to market them. In practical terms, this means that job-hopping, or even industry-hopping, is key, to prove all the different places in which one’s skills have been useful. It’s a kind of paradox where focus and diversity of experience are battling for dominance.
One solution might be to have multiple income streams, or to get experience with various combinations of paid and unpaid work. (Or maybe to start a blog and wind up with a movie or book deal out of it.) Like the realization that your romantic partner can’t be everything to you, we’re now seeing the idea that your main job can’t be everything either, from a remunerative or skills-building perspective. (Forget the idea that a job by itself can’t make you happy in life; we exposed that fallacy several years ago.) This trend is called having a “portfolio career,” that is, using a functional skill to diversify revenue streams.
We’re used to seeing this with careers in things like music, where a conductor will (for example) have a community choir, a church gig, some wedding performances on the go, and a few students all at the same time. When one revenue stream dries up, he or she will pick up another. But it’s new for accountants, or those who might want to mix traditional employment (at a major corporation, say) with self-employment. They key is diversity within a specialization, having skills that people will pay for and capitalizing on them in several different ways.
It also means that members of this generation will have to live with more uncertainty about their careers. Perhaps this is the price we’ll pay for more control over the skills we use and how we spend our time day-to-day. Does this signify a shift back to a pre-industrial time where people could choose how much they worked? Not fully, I’m sure, but it may be the beginning of a new, hybrid system where workers can control their output and work to their real interests more. Maybe this is the new “work-life balance.”
If, that is, all these new grads ever manage to get hired into that first job.
What do you think? Will you try to mix paid and unpaid work? Do you plan on job-hopping or industry-hopping? Do you anticipate that many members of Gen Y will choose to have multiple/multifaceted careers? Or is this a trend that will only affect a small subset of the population? Is it better to work a terrible (paying) job for three years or to get lots of volunteer experience instead?