This really provocative ‘Democracy In America’ blog in The Economist got me thinking. They make various observations about all the noise from politicians and agencies about the need for, and urgency of, job creation. Jobs as a source of income and a sense of worth for those who need it are obviously critical. But as a tributary off the main argument flowed some thinking on the subset of people who had either lost a job or opted out of traditional fulltime employment. This, to me, was the provocative bit.
The blog suggests that a significant group of talented and educated people of a certain age were certainly searching for work but not necessarily for a job. They throw in a bit of terminology like ‘Post Materialists’ and ‘Threshold Earners.’ A threshold earner has an amount they think they need / want. Once they reach it, they choose not to work anymore. Enough is good enough. This might be a great philosophy for someone like me (or subscribers to The Economist – or, more likely, people reading bits of The Economist’ free online or in libraries.)
To me, time with my kids and being fit and creative is important. I don’t just say that, I live it – now. I didn’t always used to. I think I can label myself a ‘Threshold Earner’ although I doubt I’m a Post Materialist. Certainly my kids aren’t!
Work, be it paid or otherwise, provides us humans with a lot more than money. That said, whatever the amount is, we all do need money. I’ll hug a tree but I won’t live in one. Work gives us connection, purpose, health, development, esteem and so much more. A lack of money can mess with our heads but mere money itself is not such a drawcard anymore. If, as a leader, you want to truly start to spark genuine employee engagement at your workplace you need to understand the implications and benefits of this. Lots SAY they do.
So, by all means, let Government try and do their best to stimulate job creation or, at least, get out of the way but if you’re an employer searching to attract and retain the best talent you can, you must reconsider if the old ‘jobs’ paradigm will work for you in the future or the now. If they have the talent and can improve your business’s productivity, what can you do to make it easy for Post Materialists and Threshold Earners to work for you? Actually, let’s revisit that wording because it’s important. They don’t want to work FOR you – that’s the whole point. They want to do some of the work and get paid but they don’t want to work for you. Just because you’d love to work for you doesn’t mean everyone else would.
It’s raining heavily and I am so glad I’m not living in a tree right now.