Look Before You Leap: A 2-Part Webinar Series For Professionals With One Foot On The Off Ramp

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Part I of the webinar: “Motherhood Guilt or Job Dissatisfaction?” will…
• help you decide if your thoughts about leaving the workforce are your own, or are influenced by others.
• include a provocative discussion exploring whether motherhood “guilt” is well-founded or whether you have unrealistic expectations for balancing work and life..
• help you evaluate more deeply why you work and how you would replace your work drivers at home. And,
• give you a clear framework for deciding if it is perception or reality for you, that the grass is indeed greener on the other side.

For many women, a large factor in the “stay or go” decision is whether an alternative work structure is even possible. Part II of the webinar will help you “Exhaust Your Flexible Work Options.” Too many women assume flexibility is not an option or leave after one casual “ask.” This webinar discussion will help you determine if your job is a candidate for full or partial telecommuting, and how to make a professional case for flexibility. Looking beyond your current job, you’ll also learn where to look for other, more flexible opportunities and if an entrepreneurial venture would fit your work and broader life styles.

Presenter: Kathryn Sollmann

Kathryn Sollmann is the Managing Partner and Founder of 9 Lives for Women, a highly acclaimed, multi-channel blog site that helps women navigate work and life in nine stages from college through retirement years. Recognizing that it is too black and white to say that women are either “working” or “not working,” Kathryn’s website helps women with all the gray areas when they have one foot in or one foot out of the workforce. For more than a decade she has helped women stay in or re-enter the workforce—through coaching, recruiting, seminars, and corporate consulting, and a full library of blog posts that provide practical, no nonsense advice, inspiration and empowerment for women at every age and stage. www.9livesforwomen.com

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Look Before You Leap: A 2-Part Webinar Series For Professionals With One Foot On The Off Ramp

  1. 1. Look Before You Leap! A Two-Part Webinar Part I: Motherhood Guilt or Job Dissatisfaction? Presenter: Kathryn Sollmann, 9 Lives for Women
  2. 2. About Kathryn Sollmann • Co-founded network of 9,000 women—recruiting, career coaching, job search and networking services • One of first to focus on “returning professional” women • Coached hundreds of women on other side of the “leap”— women disenchanted with volunteering & eager to return to workwww.ivyexec.com 2
  3. 3. About 9 Lives for Women • Launched 9 Lives for Women in 2012 • Multi-channel blog site and consulting services • Help women navigate 9 work & life stages from college to retirement years • Continue to coach women who struggle to reenter workforcewww.ivyexec.com 3
  4. 4. What Inspired My Work with Women • In 1980 I heard Gloria Steinem’s famous “You Can Have it All” speech on my women’s college campus • I didn’t hear her say you can have it all because someone is going to give it to youwww.ivyexec.com 4
  5. 5. Flexibility Today: 1 Step Forward, 2 Steps Backward • Most companies have still not figured out how to institutionalize flexibility • Pockets here & there: nearly half of Aetna’s employees work at home • Yahoo moved backward and ordered all employees back to the office • In the near term work-life balance will continue to be mostly one-off deals with individual employees.www.ivyexec.com 5
  6. 6. Work-Life FIT is Up to You “Whether you have a supportive workplace culture or you don’t, the responsibility for making it work comes down to each of us,” says Brad Harrington, exec. director of Boston College Center for Work & Family. “You can only blame your employer for so long. Assuming you have marketable skills & you have the courage of your convictions, at some point you have to say, ‘it comes down to me to fix the situation.’”www.ivyexec.com 6
  7. 7. This webinar will help you decide… • If you’re thinking of leaving the workforce for the right reasons • If you’ve considered not only the positive side positives—but also how leaving could negatively impact your career, family and life • If complete work/life “balance” is actually attainable in or out of the workforcewww.ivyexec.com 7
  8. 8. Who or What is Driving You Out of the Workforce? Do you have a bad case of motherhood guilt? • Pressure from family & friends • Overblown news stories • Recent study: daycare does not cause behavior problemswww.ivyexec.com 8
  9. 9. Why Are You Considering a Hiatus? • Fueled by emotions? • Short-term fix for longer-term issues? • Problems that could be solved now? POLL: What’s your top reason?www.ivyexec.com 9
  10. 10. The Majority of Mothers Work at All Economic Levels As of 2012, the Pew Research Study found that 7 out of 10 women work • All these women are not raising troubled kids • Kryptonite can’t destroy mother- child bondwww.ivyexec.com 10
  11. 11. Myth that Working Moms Spend No Time with their Children “Studies have shown that working moms spend 86% as much time home with their children as employed Moms do. Working parents, too, are part of their children’s educational, social & emotional development.” --From “Opt Out or Pushed Out: How the Press Covers Work/Family Conflicts” by Center for Worklife Law, University of California www.ivyexec.com 11
  12. 12. Let Kids Be the Judge Question posed to Mary Quigley, NYU Professor & author of blog on mothering adult children (www.mothering21.com): Women who leave the workforce often do so out of fear that not being home will have a long-term negative effect on their children. You teach a lot of young people—do you see a lot of damage caused by working mothers? Have most working women been positive or negative role models?www.ivyexec.com 12
  13. 13. Answer from Mary Quigley on Impact of Working Moms “Most of the young people I teach have mothers who always worked or returned to work at some point. I don’t hear resentment about the fact that their mothers worked—in fact I think they’re proud and appreciative that their mothers’ earnings helped the family with things like expensive college tuitions.”www.ivyexec.com 13
  14. 14. Working to be A Role Model • Both boys and girls benefit from working mother role model • Girls need to see that women can take care of themselves • Boys need to see that women can support a family, too • Story of young boy who believes men are most powerfulwww.ivyexec.com 14
  15. 15. Work and Your Other Key Relationship Will it be 1950 or 2013 in your partnership if you don’t work? • Power of money in a marriage • How will your partnership change? • How will you define equality? • How will you & your partner define your role at home? • Story: “What have you done all day?”www.ivyexec.com 15
  16. 16. Face Your Honest Feelings About Your Current Work • Lack of overall professional ambition? • More interested in “job” than “career”? • Industry wrong fit? • Job function wrong fit? FACT: Few women leave the workforce because they hate their jobs.www.ivyexec.com 16
  17. 17. The Crux of the Matter: Why Do You Work? POLL: What’s the Main Reason that You Leave the House Each Day?www.ivyexec.com 17
  18. 18. Can You Afford Not to Work? • Current comfort vs. future needs • Can big expenses—e.g., desired home renovations or college educations be covered by one income? • Retirement savings—need 20X final household income before retirement • Care of family members with limited resources • The “you never knows”—spouse job loss, death, divorcewww.ivyexec.com 18
  19. 19. Elder Care Cost for You & Your Parents • National average hourly rate for home health aides: $21 per hour • National average monthly base rate in assisted living community: $3,550 • National average daily rate for nursing home: $222 - $228. Source: MetLife Mature Market Institute, 2012www.ivyexec.com 19
  20. 20. What You Need for Retirement Security Example: If your household income is $100K at retirement, you need $2 million saved beyond Social Securitywww.ivyexec.com 20
  21. 21. Alarming U.S. Retirement Savings Shortfalls • 75% nearing retirement in 2010 had less than $30K in their retirement accounts • Almost half of middle class workers will be poor or near poor in retirement, living on food budget of about $5/day • 32% of retired women have pensions vs. 55% of men—and women’s benefits amount to about half of men’s Source: “Our Ridiculous Approach to Retirement”, New York Times, July 21, 2012www.ivyexec.com 21
  22. 22. We All Make Sacrifices for Our Children… …but sacrificing long-term financial security may be one sacrifice too many.www.ivyexec.com 22
  23. 23. Why Do You Work? Career Goals What do you want to achieve before final retirement? • Title or level • Compensation • Specific accomplishments for you or others • Industry recognition • Famewww.ivyexec.com 23
  24. 24. How Would A Hiatus Set You Back? • 93% of women want to return to work; only 74% succeed (source: prominent demographer Sylvia Ann Hewlett) • Women who stay out of workforce 3 or more years lose 37% of earning power (source: www.momsrising.com) • How could you keep a hand in your career? • What resources would help you resume your career?www.ivyexec.com 24
  25. 25. Why Do You Work? Sense of Self Confidence is the first thing that falls through a gap in a resume…“I used to be someone” What drives your sense of self? • Intellectual capability? • Career success? • Ability to help others? Assess professional vs. personal factorswww.ivyexec.com 25
  26. 26. What Would Your Stay-At-Home Elevator Speech Be? I’m just at home taking care of the kids vs I’ve taken a five-year hiatus from the workforce until my kids are in middle school. In the meantime I’m continuing to use my accounting skills on the finance committee of my town.www.ivyexec.com 26
  27. 27. Know Your Professional Persona You can take a woman out of professional work, but you can’t always take the professional work out of a woman.www.ivyexec.com 27
  28. 28. Why Do You Work? Intellectual Fulfillment Where will you find intellectual stimulation at home? • Type A vs. Type B stay-at-home Moms • Board members vs. room mothers • Intellectual outlets: educational courses, freelance work, etc. Thrill of no commute and neglected house projects wears offwww.ivyexec.com 28
  29. 29. Do What Makes YOU Happy • When Mommy is happy, baby is happy • “Feel guilty” time vs. “me time” • Personal needs vs. family needs Where will you be happiest in the short and long-term—work or home?www.ivyexec.com 29
  30. 30. Don’t Leave Without It… A Solid Stay-At-Home Plan How you will take care of yourself…not just your family? • Continued household help/child care to free up “me time”? • Intellectual pursuits • Volunteer work special to you • Freelance work to stay current • Continuing education • How to keep professional relationships alivewww.ivyexec.com 30
  31. 31. The Myth of Work-Life Balance…In or Out of the Workforce • Seesaws are always uneven • Workaholics vs. volunteeraholics • Manage expectations— your current form of “work” or home at high end of seesaw at different timeswww.ivyexec.com 31
  32. 32. A Professional Hiatus May Be the Right Decision for You If… • You’re leaving on your own volition—not the pressure of others • You are truly unhappy with your job or career and you need to regroup • You will not jeopardize current or future financial security • You’ve made a professional case for flexibility in your current job (Part II of webinar!) to no avail…and…www.ivyexec.com 32
  33. 33. A Professional Hiatus May Be the Right Decision for You If… • You’ve exhausted flexible work options at other companies • Entrepreneurial ventures are not for you • You have a solid “stay at home” plan for intellectual stimulation, self-fulfillment and life partner equality.www.ivyexec.com 33
  34. 34. Part II of Look Before You Leap Webinar on April 30th, Noon EST This “Exhaust Your Flexible Work Options” discussion will help you: • Determine first if flexibility is possible in your current job • Research successful flexibility case studies • Make a professional, business case for flexibility • Write a compelling flexibility proposal • Consider flexible alternatives beyond your current company, including entrepreneurial ventures.www.ivyexec.com 34
  35. 35. Let’s Stay in Touch Email me at ksollmann@9livesforwomen.com or tweet at @9livesforwomen with additional questions, comments and topics you would like me to cover in Part II. Many thanks for your participation!www.ivyexec.com 35

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