Impact of the Gig Economy on Millennials

Impact of the Gig Economy on Millennials Why The Gig Economy Is The Best and Worst Development For Millennials Introduction An intrusive economic downfall otherwise known as a recession hit in 2008, when millennials were still in college or entering the workforce for the first time. This had a  major effect on the development of careers   for millennials who found a secure career path before the recession developed, the downturn of the economy was not as hard felt for those who have been in the workforce for quite some time, but for millennials trying to find work after companies instituted hiring freezes and lowered workers’ salaries, the job market was in a drought. During this time the gig economy was starting to make its way into the economy making it both an opportunity and a challenge. This was an opportunity for those were out of a job and needed immediate work; however, for many employers this posed quite a challenge. For employers, this caused for them to have many positions that they could not hire for and caused them potential candidates who were looking for more of a work-home balance (Alton, Larry 2016). What Is The Gig Economy? According to TechTarget, a gig economy is an environment in which temporary positions are common and organizations contract with independent workers for short term assignments (2016). In a gig economy, businesses save money on what they would have spent on overhead such as a business space. This type of work allows for workers to be selective in the type of work they want to perform and allow employers to staff for more specialized roles a lot quicker than before. This model is geared towards those who want to be entrepreneurs. But for those, such as millennials who are just now getting into their careers or are already in their careers this type of work environment can’t be a good and a bag thing according to how they play their cards. Thriving In The Gig Economy; How Successful Freelancers Mange The Uncertainty. â€Å"Thriving in The Gig Economy How Successful Freelancers Manage the Uncertainty,† By Gianipiero, Petrigeli, focused on the attributes and patience one must have thrive in the gig economy. In this study, the writer spoke with several freelancers who have been working in this type of environmental for over five years and have gained insight on what one needs to thrive. In a gig economy financial insecurity is a major concern as well as the lack of human interaction. When you are working gig-based jobs that are platform based you are waiting for notifications to be sent to your phone, or your waiting to hear back from potential clients regarding your proposals it becomes harder to build relationships with those who have not already used or heard of your work. According to one freelancer that was interviewed for this paper, who goes by the name of Mary. Mary stated that; â€Å"Working in this type of structure is like that of being on a trapeze.† Produce or Parish Another topic that was mentioned in this article, was Produce or Parish. Produce or parish as related to this type of work structure Is often regarded as if you don’t obtain clients then you will parish in the form of not being able to pay your bills or in other words be financially secure. The writer states that, â€Å"The first thing they realized when they began interviewing independent consultants and artists was that the stakes of independent work are enormously high— not just financially but also existentially. Unshackled from managers and corporate norms, people can choose assignments that make the most of their talents and reflect their true interests. They feel ownership over what they produce and over their entire professional lives. Sustaining productivity is a constant struggle. Distress and distractions can erode it, and both impediments abound in people’s working lives. One executive coach gave a poignant description of an unproductive day: â€Å"It’s when there is so much to do that I’m disorganized and can’t get my act together. [In the evening,] the same e-mails I opened in the morning are still open. The documents I wanted to get done are not done. I got distracted and feel like I wasted time.† A day like that, he said, leaves him full of self-doubt (PETRIGLIERI, ASHFORD, AND WRZESNIEWSKI 2018). Are There Good Jobs In The Gig Economy? In this article the writer proposed the question, â€Å"Are there any good jobs in this type of economy, and if so, where are they?†Ã‚   According to recent study the gig economy makes up more than half of todays workforce, the majority of those being millennials. Millennials are more inclined to be searching for a work-life balance in which baby-boomers were not accustomed to. Many millennials are not interested in full-time jobs that in their eyes tie them down to an office but for gigs that a lot them the opportunity to work as little or as much as they want and not be tied down into one select field. There is a multitude of growth that has been hitting the airways with this newly found economy and it seems to not be stopping anytime soon. Economists estimate that the portion of U.S. workers earning a living as independent contractors, freelancers, temps, and on-call employees jumped from 10% in 2005 to nearly 16% in 2015. Workers of these â€Å"alternative work credit this type of work environment to those who are burnout, or hating one’s job for freedom, flexibility, and financial gains. Whereas, skeptics feel that this is going to end badly for those working in this type of economy due to lack of having benefits and stability. Financial insecurity is a big and ever-present concern. So is the lack of human connection: Kessler writes, â€Å"I don’t think Silicon Valley was wrong to attempt to restructure the job. Our current model wasn’t working, and the startup spirit of experimentation was necessary (Torres, 2018). The Future of Work is Flexible Flexibility in the workplace is defined differently amongst individual workers. However; the common denominator amongst all workers is that when working in a flexible environment one is allotted the opportunity to make choices on where and how long they spend on work related task. Recent trends in availability of those working flexible jobs have seen a recent spike in flexibility in the workplace. Employees in this type of environment may have flexibility regarding the time in which they start and end their work-related duties and as in where they can complete their work. In this article two researchers go into detail on how this type of environment has shaped the recent economy and how this work environment poses its own separate challenges. According to researchers Kerr, and Nevin, the world of work is transforming: technological, socioeconomic and demographic shifts are changing the way we think, demanding greater flexibility in how both individuals and organizations operate. In fact, the concept of employment itself seems to have passed its sell-by date. This type of online work has made it easier for those to find jobs/ complete tasks for those who are seeking the help. This type of environment is more cost-effective for employees due to the nature of them not having to purchase additional office space for employees and not having to offer many of the benefits that they would have to offer if their employees were working at the office on a full-time basis.   (Kerr, 2017). Challenges: According to researcher Jamie Kerr, although this type of environment brings on a good connotation allowing those workers the work-life balance they are seeking there are still some drawbacks that many companies and employees are facing. â€Å"There is then the debate as to whether employment regulations and practices are still fit for purpose. The new explosion of small-scale entrepreneurship might make you wonder whether were returning to the kind of  economy  espoused in 1776 by Adam Smith in The Wealth of Nations (Kerr,2017). The rise of this new economy is defining what it really means for one to work for self. One key problem is that many individuals find it hard to distinguish between employment and self-employment. There is little clarity in the statutory definitions of employment status, although there is a body of case law. Statutory sick pay, statutory maternity pay, training support and employer pension contributions are some of the occupational benefits that an employee will forgo when they become technically self-employed. As more people do this there is growing pressure for the law to be simplified (Kerr,2017). Summary Full-time employment was once known as job security and stability and is now becoming increasingly rare. Employers are now creating less full-time positions and are starting to outsource many of their positions to workers who find work on sites such as Upwork and Flex jobs. For the growing number of people seeking employment, working a gig is becoming increasingly safer. Living without those benefits you would receive from a more conventional work environment may seem reckless, but with proper planning, you can manage a career working gigs/freelancing that can be just as stable. Working in this environment you have more control over the jobs you would like to take on as well as have a work-life balance and therefore you are seeing more millennials then any other age demographic working these types of jobs. It remains a mystery as to whether the gig economy is a healthy alternative to working a conventional 9-5 for economic development overall, but for millennials, it’s certainly both. For young workers who are seeking to make an extra income to help pay for college or to even move out of their parents’ house, this type of economy can be quite frustrating, but for those who have built a life around gig work and want to gain a multitude of experience in various industries the gig economy it a great way to achieve those goals. Regardless of how you feel about it, the gig economy is likely to stick around for the foreseeable future (and experience even further growth), so it’s best to learn how to take advantage of it for yourself—and avoid the pitfalls that your peers are facing (Alton, Larry2018). References PETRIGLIERI, G., ASHFORD, S., & WRZESNIEWSKI, A. (2018). THRIVING IN THE GIG ECONOMY. (cover story).  Harvard Business Review,  96(2), 140-143. TORRES, N. (2018). ARE THERE GOOD JOBS IN THE GIG ECONOMY.  Harvard Business Review,  96(4), 146-147. Kerr, J. (2017). The future of work isflexible.  Director,  70(10), 60.

Level 3 Childcare Education Essay

Describe the initiatives which influence the provision of challenging environments for children (5 marks) There are different types of international, national and local initiatives which influence the provision of challenging environments for children. An example of an initiative is the Forest Schools. ‘A Forest School is an innovative educational approach to outdoor play and learning’ http://www. forestschools. om/what-happens-at-a-forest-school/ Forest schools can influence the provision of a challenging environment, as the teachers can take the children in small groups every week to the local woods to have a better understanding of the outdoor environment and it’s linked to the curriculum. By doing this it enables children to be able to be in a safe environment when exploring and having adventures so they can see what things they can do when they go into the woods next time. It can also help children with problems such as language problems as this allows them to speak about the experience they are having which can then be taken to the classroom and then it could be turned into a story to help the child. When going into the woods it helps to cater the behaviour for the problem children and it also teaches children when they can and can’t mess around. It also focuses on the fundamental aspect of the Forest School innovation educational approach. The Forest School provides ways for meeting learning objectives while developing practical life skills and encouraging child-initiated learning, which is observed and assessed. Lots of young children prefer to be outside than in the classroom environment because they can find it more exciting and they might pay more attention. Word Count- 240

Does Tv Have Negative Effect On Society

TV corrupts our children. Jerome Singer once said, â€Å"If you came and saw a strange man teaching your kids to punch each other, or trying to sell them all kind of products, you’d kick him right out of the house, but here you are; you come in and the TV is on, and you don’t think twice about it. † He is correct; entertainment television is an especially bad influence on children for many reasons, including not enough control on violence.These things are quite literally ruining America by corrupting our next generation’s leaders, our children. This year, more American children will die from a fired gun than from children who will die of asthma, pneumonia, influenza, cancer, and AIDS combined. What does this have to do with TV? Multiple studies have come to the conclusion that youth who are avid TV watchers become aggressive adults.A study from the University of Michigan showed that children who watched violent TV were more inclined to show violent tendenc ies as adults. According to that study, â€Å"†¦men who were high TV-violence viewers as children were significantly more likely to have pushed, grabbed or shoved their spouses, to have responded to an insult by shoving a person, to have been convicted of a crime and to have committed a moving traffic violation. Such men, for example, had been convicted of crimes at over three times the rate of other men.†It also stated that, â€Å"Women who were high TV-violence viewers as children were more likely to have thrown something at their spouses, to have responded to someone who made them mad by shoving, punching, beating or choking the person, to have committed some type of criminal act, and to have committed a moving traffic violation. Such women, for example, reported having punched, beaten or choked another adult at over four times the rate of other women. † The study also reported that the said violence was glorified by being black and white.The â€Å"good guysâ €  were okay to shoot the â€Å"bad guys,† resulting in a happy ending. This leads to children trying to be the good guys, by resulting in violence instead of working or talking the problem out. Another problem is that the â€Å"bad guys† have little to no back-story, with usually nothing more than a nickname to identify them with. Most of these problems base off the fact that children under 8 cannot tell the difference between fantasy and reality.Which covers another topic not censored enough. In conclusion, television is a sinister vehicle for bad habits of all sorts. How can you prevent this from happening to you and your families? The answer is simple: limit TV time to two hours a day. One might be reluctant to do so, but look what the old telly can and will do to America. As Nicholas Johnson said, â€Å"All television is educational television. The question is: what is it teaching? † .

Similarities Between Pavlov, John B. Skinner And Classical...

Some of the most prominent behavioral psychologists were Ivan Pavlov, John B. Watson, B.F. Skinner, and Albert Bandura. These men played a huge part in exploring the process of learning. While Watson and Pavlov focused on classical conditioning, Skinner worked with operant condition, and Bandura experimented with observational learning. All in all, these psychologist discovered many things about the process of learning, many of which I can apply to my own life experiences. Ivan Pavlov spent most of his time studying classical conditioning, a type of learning in which one learns to link two or more stimuli and anticipate events. Pavlov first became interested in this field accidentally when he noticed dogs salivating not just at the†¦show more content†¦After more repetition, he was afraid of similar objects, like dogs, but nothing else. With the help of Little Albert and classical conditioning, Watson had shown fears could be conditioned. If you can condition fear, many won der, how many other emotions can be conditioned? (Dewall Meyers, 2016; Feist Rosenberg, 2012). B.F. Skinner was a behaviorist who also helped develop the field of operant conditioning, a process where behavior is associated with its consequences. He was able to show how this could explain our behaviors. One of the things he is most well known for is created the Skinner Box. The Skinner box was where he could test animals by feeding them while the box monitored how often the animal responded. Skinner stressed the idea of using reinforcement, the process by which consequences lead to an increase in the likelihood that the response will occur again. The animal would emit the desired behavior, such as a rat pressing a bar, and food would appear. After a while, the rat learned that every time it pressed the bar it would be rewarded with a treat, making it press the bar more often. In this case, the food served as a reinforcer. Skinner argued that these operant principles are used to shape most aspects of our behavior instead of internal thoughts and that external consequences shape us as individuals too (Dewall Meyers, 2016; Kosslyn Rosenberg, 2005). Albert Bandura did most of his work with observationalShow MoreRelatedClassical And Instrumental Conditioning And Classical Conditioning Essay1049 Words   |  5 PagesIn order to analyse classical and instrumental conditioning, it is required to first define the content from which they are derived from, that is learning. According to Domjan, learning  is  a long lasting change in the process of behaviour involving particular stimuli with or alternately responses that result from previous experiences with those or almost the same stimuli and responses (2009). 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