Management Alert – Do Not Ignore This Survey

A mere 6% want to work entirely on-site going forward. Doesn’t it seem that traditional management and workplace practices are broken if more than 90% of 70 million employees say they don’t want to come back to the office full time?

Returning to the Office: The Current, Preferred and Future State of Remote Work — https://www.gallup.com/workplace/397751/returning-office-current-preferred-future-state-remote-work.aspx

I work in a profession that is perfectly suited for WFH. I’ve worked from home since 2006. Aside from losing most of my social skills…

A Plan is Not a Strategy – Update 08.03.22

A few months ago I was thinking about retirement. The funny thing about life at “retirement age” and still working is you think about retirement a lot. See Thinking About Retirement (or just another fine Saturday Morning) While catching up on news I came across several articles on unretirement. I learned the word unretire is actually in the dictionary. See https://www.merriam-webster.com/dictionary/unretire. Rather than retire then unretire I decided I needed a plan. The more I thought about coming up with a plan the more I realized I needed a strategy instead.

So now I’m working on strategy only to realize I’ve had a strategy for many years. I’ve just never taken the time to write it down. It might be time to document my strategy. But it’s been too hot to write and Too Hot to Blog.

Take Home Message: A Plan is Not a Strategy.

Update 08.03.22

For an excellent example of strategy read this piece https://www.noceilingsnba.com/p/the-art-of-presti on how Sam Presti the General Manager of the OKC Thunder epitomizes this definition of strategy.

The Labor Force Refuses to Grow – Age Discrimination?


Ageism?

Ageism is a real problem. And it could also be responsible for the low labor force getting stuck at this level. Boomers are now between around 56 and 76. This is a huge generation. And in tech, when the hiring manager is 32, and you’re 56, it’s tough getting that job. And when you’re 62, it’s even tougher just to get anyone’s attention. Some succeed. But many don’t.

Many of these people, often with a superb job history, may never get a job in their field again. Many of them made enough money to where they don’t have to work. They’d like to work, but it’s tough getting ignored or rejected time after time because of age.

And they give up “actively” looking for a job, and thereby they’re removed from the labor force. They were dropped from the labor force due to ageism, not because they wanted to retire. And they might tell everyone, after they give up looking, that they’re “retired,” when in fact, they’d love to work in their field but are locked out.

I Want to Add a Word about Ageism in this Bizarre Labor Market and How it Hits Labor Force & Unemployment Numbers — https://wolfstreet.com/2022/07/08/i-want-to-add-a-word-about-ageism-in-this-bizarre-labor-market-and-how-it-hits-labor-force-unemployment-numbers/

The entire post from Mr. Wolf is worth reading. Obviously there is no data to support ageism as one of the causes for the lack of labor force growth. But it certainly is an interesting hunch.

At last count there were 240 comments on this article.

Okay, Houston, we’ve had a problem here. https://www.nasa.gov/feature/50-years-ago-houston-we-ve-had-a-problem

I Quit!

In January, a record-breaking 4.3 million employees quit their jobs — the eighth consecutive month with over 4 million workers leaving their roles.

Key Points –

Nearly three-quarters (74%) of US employees are either actively looking or are open to new opportunities in the next 6-12 months.

Beyond compensation and growth, younger workers are looking for something more personal: A place where they belong. Compared to boomers, Gen Z and millennials were twice as likely to state “lack of belonging” as a reason to pursue other opportunities.

In the US, 52% of employees with tenures of 3 months or less are looking to leave.

Lattice Research Reveals Great Resignation Trends — https://lattice.com/library/lattice-research-reveals-great-resignation-trends

Whoa.

Going Back to the Office? (You Can’t. Not now. Not Ever)

People with talent and high-value skills, like most technology workers, aren’t returning to traditional offices.

How to lure employees back to the office? You can’t. Not now. Not ever. — https://www.zdnet.com/article/they-really-arent-going-back-work-from-home-is-here-to-stay/

I started working from home in 2006. I love reading articles on topics I already know a lot about.

The future of knowledge work will be a hybrid. A small percentage (like myself) will WFH 100% of the time and an even smaller percentage will work in an office 100% of the time. Most will travel to their offices a few times a month and WFH the rest of the time.

I drove a 2006 Ford Taurus for nearly 15 years and didn’t pass 80,000 miles. (short commute)

My business casual attire consists of jeans and a tee shirt.

Coffee is cheaper and tastes a lot better than office coffee too.

Need Retirement Income? – (Life Underwriters Need Not Worry)

The total number of life insurance policies sold rose 8% in the first six months of the year and marked the highest such growth since 1983, LIMRA said. And there were other indicators in that same data that pointed to positive signs: Total U.S. life insurance premium increased 21% in the second quarter 2021, the largest year-over-year increase since third quarter 1987; in addition, it was up 18% for the first half of 2021 compared to the prior year.

Life Insurance Sales Are Up, But for How Long? — https://news.ambest.com/articlecontent.aspx?refnum=313837&altsrc=2

I know who you are and I know what you want. If you are looking for ransom, I can tell you I don’t have very much money. But what I do have are a very particular set of skills; skills I have acquired over a very long career. Skills that are currently in short supply. Skills that I can and will take to the highest bidder.

The Supreme Commander

I last posted about my upcoming retirement in More Retirement Income Ahead!

I need to start referring to my upcoming retirement as What Retirement?

The Great Resignation

In April, about 649,000 retail workers left their jobs—a record number of resignations for the industry. It was yet another inflection point in a broader trend sweeping workplaces, as employees reevaluate their relationship to work and act on the burnout induced by the pandemic.

Why I decided to quit my retail job and join the Great Resignationhttps://www.fastcompany.com/90658770/why-i-decided-to-quit-my-retail-job-and-join-the-great-resignation

Interesting perspective from an “essential” worker. And the trend is not limited to retail.

Hospitality jobs are unpopular, and raising the wage may not be enough to lure many former workers back. 38% of former hospitality workers report that they are not even considering a hospitality job for their next position. These workers are transitioning out of the industry in search of a different work setting (52%), higher pay (45%), better benefits (29%), and more schedule flexibility (19%). Over 50% of former hospitality workers who are looking for other work say that no pay increase or incentive would make them return to their old restaurant, bar, or hotel job.

Q2 2021 United States Job Market Report — https://www.joblist.com/jobs-reports/q2-2021-united-states-job-market-report
Not just no but hell no.

No wonder my up line supervisor got nervous when I told her I was thinking more about retirement.

More Retirement Income Ahead!

Total individual life insurance policy sales increased 11% in the first quarter, compared with first quarter 2020. This is the highest growth in the number of policies sold in a quarter since 1983. New annualized premium also experienced significant growth, up 15% from prior year, according to LIMRA’s First Quarter U.S. Individual Life Insurance Sales Survey.

LIMRA: First Quarter U.S. Life Insurance Policy Sales Highest Since 1983 — https://www.limra.com/en/newsroom/news-releases/2021/limra-first-quarter-u.s.-life-insurance-policy-sales-highest-since-1983/

I don’t know who you are. I don’t know what you want. If you are looking for ransom, I can tell you I don’t have money. But what I do have are a very particular set of skills; skills I have acquired over a very long career. Skills that make me a nightmare for people like you.

Bryan Mills, played by Liam Neeson in the film Taken

I had my annual wellness visit earlier this week.

5.10 168 130/84 BMI 24.14 O2 sat 98%

CHOLESTEROL 175 mg/dL
TRIGLYCERIDE 69 mg/dL
HDL 65 mg/dL
LDL CALCULATED 96 mg/dL
NON-HDL CHOLESTEROL 110 mg/dL

All of my other labs were normal too.

I have multiple relatives who have lived well into their 90’s. My maternal grandmother lived to 100. I’m going to need another source of retirement income. And for all of my friends and colleagues who never thought I would make it this far…

AST 23 U/L

ALT 7 U/L

GGT 36 U/L (12/2015)

PSA 0.7 (9/2020)

Third Places and Spaces

The term “third place” was first dubbed by Ray Oldenburg, a world-renowned sociologist who wrote The Great Good Place in 1989. In his book, which was a direct response to the privatization of home life that came with the increase in suburb growth, he claimed that if our homes were the “first” place, and our offices the “second” place, then the “third” place was most everything in between- or the more informal places where community gatherings would occur. These spaces are easily accessible by all and serve as anchors to modern society.

The Future Workspace That Isn’t the Workplace — https://www.archdaily.com/960896/the-future-workspace-that-isnt-the-workplace?utm_source=feedly&utm_medium=webfeeds&utm_campaign=Feed%3A+ArchDaily+%28ArchDaily%29

A nice look at the future of work from Kaley Overstreet. Kaley has a B.S. in Architecture and Master of Architecture from Ohio State Knowlton School and is a Senior Contributor at ArchDaily. Third spaces and places have been happening for some time. The pandemic merely accelerates the trend.

How will your workforce work?