PortfolioLast week I was interviewed for an article for the Sunday Times by Kathryn Cooper who was particularly interested in whether or not our Gen Y population are deliberately moving into portfolio careers. Her main scenario (‘ I’m only a part-time high flyer. This is my happy job’ – Sunday Times June 16) is that more and more young professionals in particular are opting for a part time professional job to earn money and please their parents but then finding ‘conscience jobs’ to satisfy themselves.  She quotes Sara Hill, CEO of Capability Jane, a recruitment consultancy that focuses on part time and flexible working – ” We are seeing a growing trend amongst young people to get to the 3rd or 4th year in the corporate world and decide that they have had enough and want more flexibility. They want to set up an online business or work for a social enterprise – but alongside their corporate career”. I am certainly meeting more and more Gen Y’s who fit this description. As always I must throw in the caveat that this is not a desirable or acceptable career pattern for everyone. If you have not done so do assess your suitability by clicking on the Is this for Me tab above.

There are many entrance points into a portfolio career and portfolio workers do not always emanate from professional backgrounds or indeed young people. We know that the over 60′s in particular are finding this career pattern seductive as it allows them to redefine the work/life blend to fit in with their needs to try out new things, learn new skills, implement long buried desires or take up caring roles. Kathryn had as much difficulty as I have in getting relevant data from the ONS. This is not a criticism of their methods but simply a reflection that their data collection to date has not really been geared up to measure this new career pattern.

The concept will really have arrived when the ONS can give us real data on the topic. I continue to talk with them.

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imagesI am regularly asked this question after presentations about portfolio careers. Remember portfolio workers probably have the most experience of looking for work and projects so find themselves regularly having to sell themselves. I usually quote the fact that recently LinkedIn made it possible for their 150 million users to add their “Volunteer Experience & Causes” to their LinkedIn profile. After this more than 40% of the professionals that LinkedIn surveyed stated that when they are evaluating candidates, they consider volunteer work equally as valuable as paid work experience. One-fifth of hiring managers surveyed agree they have made a hiring decision based on a candidate’s volunteer work experience.

So I was especially intrigued to come across some research reported in last September’s International Journal of Selection and Assessment by Christa Wilkin and Catherine Connelly in which they investigated this issue with a group of professional recruiters. The carefully controlled study made it clear that recruiters were looking for relevant experience whether from paid or unpaid work. CV’s with a mix of voluntary and paid experience were rated more favourably than either pure voluntary or pure paid work. So talking about your voluntary work can complement paid experience to enhance your prospects. You appear more ‘well rounded’ and appeared to influence the recruiters decisions even when they said that voluntary work was no more important than paid work.

And the answer to the above question? Undoubtedly yes!

 

 

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Do you really need 10,000 hours to learn a skill?

10 June 2013

I have always had huge problems with the notion that you have to spend forever learning a skill. As a portfolio worker when do you get the time? Perfectionists might want to do this. We don’t and don’t have the time. So, imagine my delight to read Josh Kaufman’s new book in which he argues [...]

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The Russians are coming ….

20 May 2013

…. and are very interested in portfolio careers. I was invited to join a dicussion programme today on portfolio careers conducted by The Voice of Russia. Interesting interviewees including  John Philpot from the Jobs Economist, Almuth McDowall who is chair of the BPS Division for Occupational Psychology and Sab from Careershifters. Much discussion as to [...]

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More people are working from home

17 May 2013

  This will not surprise portfolio workers many of whom do one or more of their jobs from home but it is interesting that the TUC have now released figures which show that the the number of people working from home has risen by 13 per cent in the last five years. Just over four [...]

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Is interim management a portfolio career?

16 May 2013

  I did post on this topic 2 years ago but am revisiting it as this week I gave another talk to the ICAEW in the City at their headquarters. The seminar was on portfolio careers and I was kicking it off. As usual my session was followed by Nigel Peters from Alium Partners talking [...]

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Have a board meeting or strategy meeting or staff meeting on the run.

7 May 2013

I was stimulated by a recent piece in Fast Company magazine where 2 business founders had key meetings while they ran together. It reminded me that when Mike Scally and I set up Lifeskills International we used to do just that. I have always been a runner. Mike was more reluctant but we found it [...]

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How to find fulfilling work…

28 April 2013

Wonderful posting by brainpickings on how to find work that enables us to thrive !

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9 reasons you should go freelance

15 April 2013

Last week I posted a reference to kindredHQ as I was very impressed with their website and activities. I especially liked one of the blogs written by Alex Butler and as regular readers will know we do encourage guest posts. So – I am delighted to reproduce her post below along with communication references to [...]

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How long can a portfolio worker go on working?

15 April 2013

This is a question that I am beginning to be asked more often. One of the joys of a portfolio career is that in theory you can work as long as you wish – especially with the end of age discrimination. I have been quoting government statistics for some time that clearly suggests that the [...]

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