You Get What You Tolerate!
In medicine you look at how “well tolerated” a drug will be related to its side effects. At work and at home, many people evaluate new opportunities related to what can be well tolerated. Yet after life, most people don’t want their tombstone to read, “He tolerated stuff for other people because they paid him.” Especially, when we realize that we can make more money and have more fun doing work that engages our passions. Life is too short for doing work you don’t enjoy for people you don’t respect. “No man is born into the world whose work is not born with him.” James Russell Lowell
The message is: Life is not a dress rehearsal. You can solve your problems using the mind you know you have. You can stop seeking answers outside yourself. ‘You have to look within.’
The ranks of the discontented are swelling. Some geographical areas are being hit harder than others as we all go through a structural shift to adjust to the global economy. Here in Derry just about every industry is in a downward spiral and many able men and women are facing an involuntary retirement.
An expert estimates that 3.5 million people between the ages of 40 and 58 vanished from the American workforce from 2001 to 2004. In a Bureau of Labor Statistics survey which covers 2001-2003, 55-64-year-old displaced workers were less likely to find new jobs than 25-54-year-olds (57% vs. 69%), and more likely to drop out of the workforce altogether (20% vs. 11%). Age discrimination and the business necessity of reducing costs to compete globally are parts of the problem why Corporations decided that employees at 50 are over-the-hill; marking time, lacking in energy and not up-to-date in necessary skills.
To a greater extent than their parents, people will be depending on their own resources in their final years. The decline of traditional pensions, the problems of benifits (or lack f them), and the unprecedented levels of debt that many people have taken on — not to mention the wide disparity in income among members of the generation — make it far from clear what kinds of lives this giant population cohort will have in retirement.
A Society of Human Resource Management (SHRM) survey found that 75% of the nation’s employees are looking for a new job. Executives are the most dissatisfied with 82% on the job hunt.
Due to dissatisfaction with opportunities, not being paid enough or burnout, employees begin looking for new career opportunities. Today, executives move through more jobs in a decade than their fathers did in a lifetime thirty years ago. Career transition is a midcourse correction that we all face when we move from one job or vocation to another.
So, why shouldn’t we have some mental models to point us in the right direction at this crossroad?
Europe’s highly skilled workers continue to take a big hit in the jobless recovery. These workers are suffering scant wage growth (salary paralysis) and unusually high unemployment. For those working, this year’s wage look a lot like last year’s. So, it is not surprising that many people with jobs really want to do something different!