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

  • Explore a Wright-Designed Office in This Hokey Old Newsreel

    Photo via Arch Daily British newsreel service British Pathe recently uploaded a huge cache of vintage newsreels to its YouTube channel, and we all know what that means. Time to listen to an Englishman marvel at the Frank Lloyd Wright-designed... …

  • Alstom shares jump on report of $13 bln GE bid

    Shares of Alstom (ALSO.PA) jumped 10.9 percent on Thursday after a report that U.S. conglomerate General Electric (GE.N) was in talks to buy the struggling French turbine and train maker for about $13 billion. The companies may announce the deal as early as next week, Bloomberg cited people with knowledge of the matter as saying late on Wednesday. If confirmed, a takeover offer from a foreign company would raise concern among politicians and unions in France, where Alstom employs around …

  • Apple, Google agree to settle lawsuit alleging hiring conspiracy

    Four major tech companies including Apple and Google have agreed to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, just weeks before a high profile trial had been scheduled to begin. The settlement was disclosed in a court filing on Thursday, which did not spell out terms. The case has been closely watched due to the potentially high damages award and a steady disclosure of emails in which Apple's late co-founder Steve Jobs, former Google CEO Eric …

  • Inside the 2014 San Francisco Decorator Showcase

    Click here to view the full photogallery.Photos by Patricia Chang/Curbed SF This year, the hotly anticipated San Francisco Decorator Showcase—the biggest design event in the city, to be sure—celebrated its 37th anniversary with rooms festooned by 26 design studios.... …

  • Buy Prince's Fittingly Flamboyant Spanish Villa for $7.75M

    Ever since one of Prince's landlords filed suit claiming he had violated the terms of his lease by installing monogrammed purple carpeting and painting the house with purple stripes, it's been a bit of a letdown to hear that... …

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. …

  • The Greening of the House of Tatas

    How a dedicated team converted a 90-year-old heritage structure into a benchmark for environment-friendly buildings. …

  • 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. …

  • Deserving the honour

    How do the winners of the two new banking licences - microfinance lender Bandhan Financial Services and infra institution IDFC Ltd - measure up to the challenges of operating as full-fledged banks? …

  • A Samurai from Chandigarh

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

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
    10.95-10.95-100.00%
    4THGEN.BO
    17.30-17.30-100.00%
    ALFAICA.BO
    16.81-16.81-100.00%
    AMAL.BO
    11.73-11.73-100.00%
    BORAX.BO
    29.95-29.95-100.00%
    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.