Category Archives: 3. News You Can Use

Embracing Effective Altruism to Gain Career Satisfaction

Many people want to spend their work lives in a field that makes a positive impact on the world. Some opt to teach. Others work in the health professions or NGOs. But a relatively new movement called Effective Altruism is changing how those who want to do good pick a career.

Effective Altruism (EA) is a philosophy and movement that uses evidence, including hard data, that highlights the best ways to benefit others. The movement took shape in the late 2000s when Oxford philosophers Toby Ord and William MacAskill formed a community that in 2011 assumed the name Centre for Effective Altruism. Philosopher Peter Singer’s 2013 TED talk The Why and How of Effective Altruism helped the movement gain traction.

Originally the movement encouraged those who wanted to help alleviate the world’s ills to work in lucrative careers so they could donate to causes such as global poverty alleviation, animal welfare, and global catastrophic risks. Today the EA movement is linked with an NGO called 80,000 Hours, so named for the average number of hours worked over the course of a career. The idea behind 80,000 Hours is to help people connect their desire to do good with a job that uses their skills and talents. This notion appeals to workers who may currently hold jobs that do not directly address social problems as well as to new workers who want to begin their careers in positions where they can see the impact of their work.

EA and 80,000 Hours work in sync. While EA principles drive job candidates to focus on careers that will have a high impact in the long term, 80,000 Hours matches its clients with the best personal fit in a job that does good. Its staff consults with clients to guide them to the kinds of jobs that will have the greatest effect on an individual’s chosen social cause.

For example, a person who wants to end homelessness would be directed away from a career as a social worker who deals with individual cases. Instead, advisors at 80,000 Hours would encourage the client to take a completely different track by, say, working at a startup devoted to solving homelessness in ways that will affect more people than one social worker ever could.

The organization pinpoints what an individual should do to end up in the high-impact position. This may entail more education, a career pivot, or a way to work with the job one has to better serve the world at large.

Students still unsure about what they want to do with their lives just may want to research EA and 80,000 Hours.

Discussion

  1. What are the ways a job in an altruistic field could provide satisfaction to an employee?
  2. Visit the EA website at effectivealtruism.org and read about its purpose. Do you think the ideas espoused could help you direct your skills and abilities to work in an EA field?
  3. Now examine https://80000hours.org and look at its job board. If any postings interest you, what can you do now to work toward qualifying for that position?

Remote Work and Mentorship During the Pandemic

Photo by Vanessa Garcia on Pexels.com

As Gen Z moves into the workplace, many members of the generation do so from their homes, working remotely as the pandemic delays office reopenings. Some say this reality is costing new professionals valuable opportunities for mentorship.

Study after study indicates that young workers who are mentored by experienced professionals obtain more promotions, earn higher salaries, and enjoy greater satisfaction from their careers than those who do not. Mentors guide younger, less experienced workers in a confidential manner and support them by offering insights and leading them to opportunities, helping them grow professionally and personally.

However, working remotely robs new workers of the opportunity of working side-by-side with colleagues, experiencing in-person orientations, and socializing in a shared physical space. Without the spontaneous collaboration that emerges when people work together, experts say new professionals miss not only mentorship possibilities but also the chance to develop interpersonal skills.

So, what can Gen Z remote workers do to bridge this gap? Experts offer some tips for finding a mentor even during these challenging times.

  • Reach out and ask for mentoring. Request a 15-minute virtual coffee break with a fellow employee who is one or two levels above you in the organization hierarchy, or send a short e-mail, spelling out what you seek to learn.
  • Nurture the relationship. Talk about more than work to connect on a personal level before transitioning to career questions. Ultimately, it’s impossible to fully separate work and life, so it’s a good idea to connect with someone who shares common interests and values.
  • Send thank-you notes. After a mentoring session, sum up what you’ve taken away to demonstrate appreciation and to continue the relationship.
  • Keep the mentor updated. Mentors enjoy hearing about their mentees’ personal progress and how their input has helped.

While remote work has removed direct person-to-person contact, obtaining mentoring is still possible—and worth the time and effort it takes.

Discussion

  1. What kinds of lessons might a younger employee learn from a more experienced professional?
  2. What are some ways a mentor and mentee can communicate without an in-person meeting?
  3. How can an employee show a willingness to learn and grow while working remotely?

Doing Good is Good Business

Businesses succeed or fail based on how consumers and investors evaluate both products and corporate behavior. Today, more and more large corporations are being forced into good citizenship as a result of the environmental, social, and governance (ESG) practices movement.

The increasingly popular ESG framework centers around investing in businesses that address their impact on the environment, social injustice, and governance. Many investors actively seek businesses that follow ESG practices. Indeed, those that ignore ESGs do so at their own peril.

Exxon Mobil is a case in point. The global oil giant’s shareholders recently elected directors harshly critical of the corporation’s climate policy—this despite the CEO’s campaign against them. Those activist directors will now help drive the organization in ways that would have been unimaginable a decade ago and reflect the growing concern about corporations’ role in public policy.

Another yardstick that highlights the ESG trend is what organizations say about themselves. The financial research fund Sentieo conducted a study revealing that many businesses are highlighting their ESG credentials. The research group collected data that showed a marked uptick in the number of press releases that championed ESG accomplishments in the first five months of this year. Sentieo predicts that this phenomenon is here to stay.

Critics of the ESG movement contend that investors and consumers only care about ESG when stock prices are high and business is good. They claim that no matter how much investors and consumers want companies to be good citizens, that desire will fall by the wayside if fuel rises to $8/gallon, for instance.

Experts predict Exxon’s invasion by the activists is a portent of things to come. After all, oil execs used to downplay an oil spill’s environmental impact. Today, they are being forced to confront climate activists routinely.

Discussion/Activities

  1. What factors have led to the ESG movement?
  2. Examine the UN-backed Principles for Responsible Investment. Look up one of the signatories and track its ESG performance.
  3. Can you find other examples of corporations adopting ESG movement policies?

Source: Grant, C. (2021, June 4.) Why doing good is no longer bad business. The Wall Street Journal. Retrieved from https://www.wsj.com