Finding Success in the Gig Economy - Graduation and Beyond
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Delivered as a workshop to the Cardiff Uni Autumn STEM Careers Fair 2018
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Finding Success in the Gig Economy - Graduation and Beyond
- 1. Finding Success in the Gig Economy - Graduation and Beyond
- 2. job for life Noun a job that you can stay in all your working life: No one expects a job for life anymore. https://dictionary.cambridge.org/dictionary/english/job-for-life
- 3. Chris Lewis Head of Website Development, Confused.com Graduated: Law, Bristol, 2003 Postgrad: Computer Science, Msc 2004 https://www.linkedin.com/in/chrislewisdev/
- 4. Finding Success in the Gig Economy - Graduation and Beyond
- 5. Myth busting
- 6. Myth 1. No ”jobs for life” for anyone
- 7. Myth 2. People are job hopping more 0 5 10 15 20 25 30 35 2002 2003 3004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 UK Average Tenure Rates 1 to <3 years 3 to <5 years 5 to <10 years 10 years and over Source: OECD
- 8. But… the millennial effect? A study by the Association of Graduate Recruiters (AGR) indicates that employers lose 16 per cent of their intake within the first two years, up from 9 per cent in 2016 AGR data shows graduate retention remained relatively stable from 2011 until 2014, but has declined ever since. www.independent.co.uk – May 2017
- 9. Myth 3. AI will take all the jobs
- 10. The accelerating pace of technological, demographic and socio- economic disruption is transforming industries and business models, changing the skills that employers need and shortening the shelf-life of employees’ existing skill sets in the process. World Economic Forum – Future of Jobs Report, 2016
- 11. Survey of Confused.com employees, 12th Oct 2018. 35 respondents.
- 12. Survey of Confused.com employees, 12th Oct 2018. 35 respondents.
- 13. Finding Success in the Gig Economy - Graduation and Beyond
- 14. Are degrees still worth the money?
- 15. Most marketable skill for 2018 graduates?
- 16. Generalist/Specialist and T-shaped people
- 17. Trend towards cross functional teams
- 18. https://www.weforum.org/agenda/2016/02/what-skills-do-graduates-need-to-get-a-job/ Wait, didn’t I just say no lists?
- 19. • Analytical thinking – Able to solve problems • Emotional intelligence – Self aware and aware of others • Team player - Ability to work effectively in teams • Self-motivated - Able to motivate self to do jobs you don’t enjoy • Temperament – Always staying positive and professional • Versatility - Able to deal with change • Customer-orientated – can put self in shoes of our customers Graduate Key Skills
- 20. How do you get there?
- 21. Managers Feedback Matt Lake – Head of Partner Development (Graduate mentor) Honesty. I know it’s a cliché but I want to see people telling us their weaknesses. Then when I look for people who are authenticate about that, I like to see willingness to learn. 6 months ago our current team of graduates didn’t know anything about coding. Now they’re shipping to production. This would have been impossible without honest people who are willing to learn. Graham Schultz – Head of Configuration (Graduate mentor) Anything around self-learning, motivation and desire. The ability to be self-taught when needed. I also think it’s good NOT to have an overly specific idea of what someone is hoping to end up doing. Andrew Brockway – IT Director I’m looking for people who are intellectually curious problem solvers; passionate about tech; have demonstrated ownership, drive and a desire for a craft; people who are self-improvers and with a healthy disrespect for siloes. We will offer them meaningful challenges in modern, cutting edge tech; a supportive autonomy; a flexible career and development path; and the ability to thrive in an environment using agile methods and cross-team collaboration.
- 22. Books
- 23. More books
- 24. Conclusion There’s no such thing as a job for life anymore. There’s no such thing as a skillset for life any more.
- 25. Q & A
- 26. Image credits • Yellow Bike by Two Telephone Boxes: https://www.flickr.com/photos/garryknight/ (Flickr CC) • Pic of digital circutary https://www.flickr.com/photos/92334668@N07/ (Flickr CC) • Pic of modern office https://www.flickr.com/photos/92334668@N07/ (Flickr CC) • T-Shaped People https://medium.com/@jchyip/why-t-shaped-people-e8706198e437 (Jason Yip, CC) • Win Success Happy Children Play Video Game https://www.maxpixel.net/Win-Success-Happy-Children- Play-Video-Game-593313 (CC0 Public Domain) • Office People Accusing https://pixabay.com/en/office-people-accused-accusing-2539844/ • Doctor: https://www.maxpixel.net/Clinic-Medical-Doctor-Dentist-Dental-1149149 • Retro Robots: https://www.flickr.com/photos/woolamaloo_gazette/11106365294/ • Jumping travel guy: https://www.maxpixel.net/Man-Hiking-People-Roar-Jumping-Guy-Travel-2570577 • Cyclops: https://www.flickr.com/photos/dskley/ • Graduation: https://pixabay.com/en/graduation-graduation-day-2038864/ • Imperfect grass: https://www.flickr.com/photos/jelleklaver/ • Danbo @ work: https://www.flickr.com/photos/anieto2k/
Editor's Notes
- Twenty years ago I was leaving school and a piece of advice I heard still resonates to this day. ”There’s no such thing as a job for life anymore”.
- This was quite a helpful message. It equipped me, reassuring me that it’ll be normal to move around. I’m not sure how helpful this is any longer but I hope to make this workshop as useful as I can.
- My name is Chris Lewis. I’m a dev manager for Confused where I’ve worked for the past 10 years. Confused is a leading price comparison site that allows uk consumers to save money on insurance and financial products. As you can see I graduated with a law degree but made the transition to computer science. It was the early 2000s, we’d seen the first dot com bubble, y2k and the growth of technology so I thought it a great opportunity to pave a career for myself. I mean, there’s no job for life any more so why not? So I assume what was true then is even more true today and you don’t need to be told something that obvious. So what’s my advice?
- Before we come onto that, let’s just be clear and realistic on what we can expect from the world of work. Debunk a few myths.
- I assumed that the last 20 years would show people were job hopping more but the data doesn’t seem to justify that. Above is OECD data for the UK showing average tenure rates taken every year for 4 different tenure levels and they all seem fairly flat if not rising slightly. I’m no statistician or expert in this field. Apparently the average tenure in the UK is 5 years. I would suppose the above are overall averages and mask a lot of interesting trends.
- So what do we actually face when we look into the future of work? Circuit slide. This is key. Shelf life of skills is lowering. What this means in practice is the skills we expect from the workforce are shifting and people will move into different roles more. It’s called the fourth industrial revolution. It’s come as a result of many factors. It was this reason I chose gig economy in the title to grab your attention, even though I don’t really think we’ll all be working for deliveroo soon.
- Don’t take my word for it. Straw poll.
- Almost certainly. Even if your core skills shift degrees give you a lot of the timeless skills and soft skills.
- Temptation to try and distill into some top list. I would generally avoid any headline grabbing – top skill, top advice thing
- One way to think of it: T shaped, pi shaped
- Another way to think of it – tendency towards X-functional teams
- Yet another way to think of it – key skills we put in Confused’s assessment centre
- Books Confused manager qualitative feedback.
- Siloes refers to the old style of working without cross functional teams