Worknow_Aotearoa_NZ

Statistics New Zealand today released the Household Labour Force Survey showing a rise in unemployment over the September 2009 quarter.

Sadly those most effected by unemployment are our future leaders, business creators and workforce:

• 15 – 19 Unemployed 25.1%
• 20 – 24 Unemployed 10.9%
• 25 – 29 Unemployed 6.8%

For more information click  through to Statistics New Zealand articles for download

Job Crisis or Opportunity for Change?

Business Week  recently lead with a story entitled The Lost Generation discussing  the effects of the existing job crisis on young people in the USA.

the continuing job crisis is hitting young people especially hard – damaging both their future and the economy…studies show that an extended period of youthful joblessness can significantly depress lifetime income

As today’s figures show, youth unemployment is also a problem here in New Zealand. Yet,  suggestions around creating a sub minimum wage to encourage employers to take on young people  does little to empower or improve their future earnings potential. It simply undervalues their time, skills and talent and feeds into the downward spiral of lower lifetime income.

We see ways to empower young people, support Gen Y’s potential, harness their talents and help them discover their place in the workforce

“…We seem to have focused wrongly on building CV’s rather than building businesses…” Sam Morgan

We currently have a wealth of talented young people preparing themselves to be employed rather than cultivating talents which could drive economic growth through the creation of new business and new jobs.

Things are changing on the education front but we believe there is  opportunity to provide additional tools to help young people transition from study to work.

The solution we are offering incorporates work experience, education and elements of the traditional CV

1. We want to encourage Volunteer Work Experience as a means to build confidence and valuable work skills  so we are facilitating a system of Time Trade (a.k.a Time Banking) to encourage, recognise and reward volunteer activity.

2. A Peer Mentoring Community connecting Graduates with recent Alumni who can share with students of the same / similar discipline their experience of the study / work transition and highlight the real life opportunities available in the marketplace.

Where to look, who to talk to, which skills are important etc. Existing examples include the future in tech initiative to which we hope Time Trade could be applied as a tool for rewarding their career ambassadors.

3. We are using social networking tools and talent profiles to allow young people to build a living work history, a CV with a wealth of testimonials to their talent, skill and work ethic. A talent profile against which they can also be matched with volunteer and paid work opportunities.

Youth unemployment is a major issue but it’s reassuring to know that there are many community based organisations stepping up to help keep young people engaged in productive activity despite the fact of high unemployment.

Build your talent CV

Connecting Young People with Work

With John Keys announcing a $152 million package to create new work, education and training opportunities for unemployed young people we’re feeling even more confident that our vision around helping the youngest working age generation transition into work will find support on many levels. Well, we hope that it does but at the very least we’re reassured to learn that our mission aligns with the concern of our current Prime Minister who said yesterday:-

I am concerned for our young people.Those aged 18-24 are the fastest growing age group on the Unemployment Benefit, representing a third of all those who receive it.

The number of young people who wanted a job but couldn’t get one has more than quadrupled in the past year, leaping from less than 4000 in June 2008 to nearly 17,000 by June this year.

My concern is that for a young person starting out in their working life, a long period of unemployment could be very damaging. Source

Quid Pro Quo: Using Time Trade to Encourage Young People to Volunteer

When we looked at solving problems relating to work it was quickly evident that young people are the demographic most in need of solutions. So we got together to identify ways we could help them transition from study to work.

Lacking the work experience needed to gain value from our contractors’ marketplace we focused instead on ways that we could help them build the necessary work expereince, skills and references.

By incorporating unpaid work into our formula and encourage volunteering through the concept of Time Trade, we identified ways to:-

1) provide a measure of value and recognition for the development of a peer mentoring scheme, using time credits.

Enlisting alumni to mentor upcoming graduates about work life and career paths. Those graduates, in turn, trade their time to perhaps tutor fellow students who in turn again volunteer in their community and build valuable work skills.

2) provide incentive and reward to encourage more young people to volunteer, using time credits.

We believe volunteer work develops a service orientated work ethic and skills that assist the study to work transition. Some of the skills we know volunteers can develop include:-

• Leadership & team building skills
• Relationship building skills
• Communication skills
• Negotiation skills
• Creative thinking skills
• Organisation & time management skills

As Social Development and Employment Minister Paula Bennett points out encouraging Gen Y to become involved in our communities creates win-win situations. Her comments about the Community Max Scheme could as easily apply to Worknow:-

“This is all about providing opportunities – we see this as a very positive approach to addressing youth unemployment while helping fund useful community projects… I believe this is a win-win situation.”

Where we differ is that we intend the growth of youth volunteers to be a permanent fixture of tomorrows communities hence the development of out Time Trade platform.

How to Help Others

If asked “what did you want to be when you were a kid?”, I know the answer is – to help people. While I’m not alone in aspiring to help others am I just trying to compensate for my failings? or feel better about myself? Am I really just trying to help myself?

With time trade one’s own motivation to help others comes second. It’s about putting the needs of others before yourself by focusing less on the need to be needed – who can I help?, how can I help? – and more on outcomes that can only be secured by enlisting the time and talents of those we are trying to help – how can this persons talents, skills and time help others?

“…If we want to fulfill our own commitments to make a difference in the lives of others, we need to find a way to use our ability to unleash the capacity of the person we are helping…” Edgar Cahn

People are Assets

Every single person is gifted with talents that are of value in a Time Trade community.

“…it recognises the whole person, that your life experiences, your knowledge, is an asset – everything you are, what you know and what you don’t is valuable…”

For organisations with networks of people that they already help there’s the potential to vastly expand the work accomplished by employing the time and talents of the people they help. This in turn empowers the recipients and moves them away from dependence and potential helplessness towards a sense of contributing value to one’s own community.

For example enlisting university alumni to mentor upcoming graduates about work life and career paths and those graduates, in turn, tutoring fellow students who in turn help volunteer in their community, and build valuable work skills.

“…We have to find news ways, or very old ways, of putting people to use doing things for each other…finding ways for people who don’t think they have skills to discover their own strengths…” Edgar Cahn

Time Trade is simply about spending an hour doing something for somebody in your community.

In recognition for your contribution you receive one Time Credit which you can then gift or trade, with other members of the community, in exchange for their talent and time. It’s a simple idea, but it has powerful ripple effects in building community connections.

Here at Worknow we are building an online system to automate the transfer of time credits between Community Members. Our Time Trade system comes online August 2009 please register your interest today.

Disadvantaged Gen Y

The recession is not the only disadvantage facing Gen Y as we enter and carve out our niche in the jobs’ market. The transition from study to work is a challenging event, made more difficult by:-

• entrenched negative stereotypes within the media and the boardroom.

It irks me that people and media feel justified in deriding our generation. Almost daily I read about how lazy, fickle, disloyal and demanding generation Y is yet so rarely is voice given to the truth that we Gen Y have different attitudes, and workplace expectations to the existing generations.

• An education system tailored to create solid employees rather than job creators.

As Sam Morgan notes “…We seem to have focused wrongly on building CVs rather than building businesses…” and as a result we have a wealth of talented people preparing themselves to be employed rather than cultivating talents which could drive economic growth through the creation of new business and new jobs.

Learn to be an Entrepreneur vs Employee

In America, in answer to the recession, educators like Babson College, are promoting education and up skilling but not in the traditional forms. For example if you are considering business then they suggest nowdays you need to choose a school where you will learn how to:

Be the Company. Rethink any degree that will prepare you to work for somebody else. Consider a program that trains you to work for yourself.

Volunteer Work Experience & Mentoring

Whether you prefer entrepreneur or employee there is still the catch 22 of “work experience”. Even in the best of times the transition from study to work is a difficult one but at Worknow we’ve identified two ways to support the study work transition for Gen Y students and recent graduates.

1. We encourage Volunteer Work Experience as a means to build confidence and valuable work skills before moving into the paid workforce. We also facilitate Time Trading (a.k.a Time Banking) to encourage, recognise and reward volunteer contributions.

2. A Peer Mentoring Community connecting Graduates with recent Alumni who can share with students of the same / similar discipline their experience of the study / work transition and highlight the real life opportunities available in the marketplace. Where to look, who to talk to, which skills are important etc.

Worknow

We are an online community and marketplace for kiwis’ to buy sell and trade their talent and services