GOOD READS

The Future of Work

In the cartoon The Jetsons, the future of work involved video conference calls and robot employees. While only half that formula has come true, we continue to evolve in the workplace. According to MBO Partners, a company that connects independent workers with employers, the future will focus on independence.

[See our Best Jobs of 2012.]

A Break From the 9 to 5

In an infographic, MBO Partners estimates that more than half of the private workforce will work for themselves by 2020. That seems aspirational, but with the barriers to starting your own business lower than ever, more people are gravitating toward becoming business owners.

My Two Cents: If you're considering entrepreneurship, already having some financial comfort definitely helps focusing your energy on the new business. Have a plan in place and some savings to get you through the start-up challenges. Depending on your field, you might even be able to continue to work full- or part-time while you start your new venture. But don't burn bridges! You never know where your business may lead you. It might even lead you back to your former employer.

A Need for Experts at Any Age

Good news for the over-55 set: companies recognize that you know your stuff, and they are willing to invest in your talent. Rather than your age being a deterrent (you cost more; retirement is close), wear it as a badge. The better you know your industry, the better your hiring chances.

No matter your age, focus on diving deeper into your field until you feel you are an industry expert. Your knowledge will be your selling point in any job interview.

My Two Cents: If you're age 55 or older and looking for a position that allows you to show off your knowledge, consider working with a senior recruiter who can find you an appropriate role.

[See Do You Need a Career Coach?]

Building a Virtual Workforce

Those lingering doubts about telecommuting will vanish as employers realize the value and cost-savings of hiring talented workers, regardless of location. With more of the Fortune 500 joining the virtual bandwagon, other companies will soon follow suit.

Why Go Virtual?

Companies save on rent, utilities, and equipment costs when they allow employees to work virtually. Employers also open up the talent pool when they look beyond their geographical limitations. And being able to hire anyone without the cost of relocation is pretty appealing.

My Two Cents: If you want to work from home, make a compelling case to your employer about what benefits it will provide. If you can demonstrate that you have the set up to allow you to easily telecommute, and that it will save them money while making you more efficient, it should be an easier sell.

[See Employers: Make Telecommuting Work for Your Company.]

The Fed Will Crack Down on Taxes

According to MBO Partners, it will continue to get harder to slip through the cracks on tax issues. Uncle Sam is taking a hard approach to getting the money out of your wallet. Tax laws change from year to year.

My Two Cents: If you have an out-of-the-ordinary tax situation, such as you lived and worked in more than one state last year, you live overseas, or you are self-employed, then talk to an accountant to ensure your taxes are done properly. Always keep your tax documents for the past several years in a safe place, and keep track of work-related expenses. Applications like Shoeboxed, for digitally capturing receipts, or LessAccounting, for easy tracking without all the bells and whistles, may help.

Where We're Headed

Making predictions about the future is always fun. While some of them are obvious, there are always surprises awaiting us around the bend. Technology and flexibility are sure to continuously bring us new opportunities in the workplace.

Lindsay Olson is a founding partner and public relations recruiter with Paradigm Staffing and Hoojobs, a niche job board for public relations, communications, and social media jobs. She blogs at LindsayOlson.com, where she discusses recruiting and job search issues.

Twitter: @PRJobs



More From US News & World Report

Quiz: How well do you know India's economy?

Question 1

Which of these products is India the world's largest producer of?

Poll Choice Options
  • Wheat
  • Rice
  • Milk
1
2
3
4
5
6
7
8
9
10

Latest News

  • Hyundai Motor Q1 profit unchanged; misses estimates

    South Korea's Hyundai Motor Co on Thursday missed analyst estimates by posting nearly flat net profit, as lacklustre U.S. performance offset increased sales in Korea and China. Hyundai, the world's fifth-biggest ... …

  • Apple resets the clock as investors await next big thing

    Apple Inc just bought itself some much-needed time. On Wednesday, the company surprised Wall Street with news that it sold more iPhones in the March quarter than even the most bullish analysts had expected. To top it all off, Apple unveiled a 7-for-1 stock split that should go down well with individuals who want a piece of a household name but could not afford to fork over $500 a share. The litany of positive numbers sent Apple's long-stagnant shares up 8 percent. …

  • Bharti Infratel Q4 net profit jumps 64 percent
    Bharti Infratel Q4 net profit jumps 64 percent

    Telecommunications tower operator Bharti Infratel Ltd reported a 64 percent jump in its quarterly profit, beating estimates on higher revenue from leasing mobile phone masts to phone carriers. Bharti Infratel, ... …

  • Facebook Q1 revenue grows 72 percent on rising mobile ads
    Facebook Q1 revenue grows 72 percent on rising mobile ads

    Facebook Inc's (FB.O) mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street's financial targets. Shares of Facebook were up nearly 3 percent at $63.05 in after-hours trading on Wednesday. Facebook said that mobile ads represented 59 percent of its ad revenue in the first quarter, up from 30 percent in the year-ago period. Facebook's overall revenue grew 72 percent year-on-year to $2.5 billion in the first …

  • Apple expands buybacks by $30 billion, OKs 7-for-1 stock split
    Apple expands buybacks by $30 billion, OKs 7-for-1 stock split

    Apple Inc (AAPL.O) has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors. Activist investor Carl Icahn, who had famously called on the iPhone maker to boost its buyback program, tweeted his approval of the move on Wednesday. On Wednesday, Apple reported sales of 43.7 million iPhones in the quarter ended March, …

IN-DEPTH ANALYSIS & INTERVIEWS

  • Too good to be true?

    Developers are offering lucrative buyback schemes. But such promises may not be always kept. …

  • Leaderspeak with Vikram Limaye

    Vikram Limaye MD & CEO, IDFC Ltd shares many firsts from his life. …

  • Appy Voting

    Mobile and online apps, seeking to inform or influence voters, have been more active than ever before in this election. …

  • In the crosshairs

    Why the future of FDI in multi-brand retail looks bleak after the polls. …

  • A Samurai from Chandigarh

    Advertising veteran Sandeep Goyal is disarmingly frank as he recounts his years with Dentsu. …

  • People business

    Featuring: Jason Sadler, Sebastien Bazin, Vikram Malhotra, Mark Goodburn, Bruce Poon Tip and C.K. Kumaravel …

  • Going to Extremes

    Mukund Mohan, whom Microsoft recently relocated from Bangalore to Redmond to build Microsoft Ventures in the US, is a dream mentor for entrepreneurs. …

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    16.52-0.33-1.96%
    UNITECH.BO
    14.31-0.27-1.85%
    SUZLON.BO
    120.40+7.00+6.17%
    FRL.BO
    66.05+4.10+6.62%
    MANGCHEM.BO
    54.40+1.65+3.13%
    HCLINFO.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    16.20+2.70+20.00%
    JAGSONPH.BO
    53.50+8.90+19.96%
    RUSHIL.BO
    40.45+6.45+18.97%
    RCIIND.BO
    63.95+8.90+16.17%
    MRPL.BO
    24.00+3.10+14.83%
    NELCAST.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    -10.95-100.00%
    4THGEN.BO
    -17.30-100.00%
    ALFAICA.BO
    -16.81-100.00%
    AMAL.BO
    -11.73-100.00%
    BORAX.BO
    -29.95-100.00%
    BRADYM.BO
  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.