Why more women need MONEY as a VALUE & its BENEFITS!


03b62859Having being a career coach for well over a decade and worked with a diverse range of clients from various industries and professions  (men and women), more often than not it is the men who include money in their list of core values. Occasionally women will, however, only very occasionally.  Why is this?  Below I have offered some thoughts.

Values Defined

Values can be seen as blurry things. If you need a refresher then below is a great descriptor of what values are from MindTools.

“Your values are the things that you believe are important in the way you live and work. They (should) determine your priorities, and, deep down, they’re probably the measures you use to tell if your life is turning out the way you want it to.”

 If you are not sure what your core values are read ‘How To Define & Live Your Values’ and complete the values exercise.

Values & Greed!

For women it seems that having money as one of your core values could possibly translate into the view that your greedy. Is this perception or reality?  I suspect a combination of the two.

When I coach  men in their 20s – 50’s about their values in detail and what this means to them, and how it is played out in their work and lives, more often than not money translates into them being able to provide for their current or future families. And no, it is not a luxury yacht, expensive cars or endless overseas travel. It mostly is around having food on the table, paying the bills, a comfortable lifestyle and being able to educate their children.  No doubt part of this also relates to status and a sense of self-worth.

So while certainly greed exists, I would suggest for the average person, they are looking to have a personally rewarding career and lifestyle. Is this greedy?  I don’t think so. However men are much more comfortable with acknowledging this personal value, and articulating it publicly. For many women this is not the case. In addition, men generally are better at putting a fair or inflated monetary value on their contribution in the workplace.

Is it that it is not socially acceptable for women to acknowledge (which I believe is a part of it), the other is that women are just as likely to want the same output in terms of what money as a value offers.  However, are less likely to acknowledge it – be it on a conscious or sub-conscious level. As a result this could potentially be contributing to pay inequality, with men four times as likely to initiate the negotiations as women.

My suspicion is that if you don’t talk about or acknowledge the importance of money in your life from a growth and opportunity perspective, you are less likely to find yourself in a positive money situation.

Choices

Money is one of my core values and the reasoning is not one of greed.  For me it is twofold, when I work I expect to be paid fairly for the work I do, as this is a part of me defining my self-worth. Secondly, I know that as a child of a migrant, that money provides you with choices.  My husband and I lead a far from lavish lifestyle.  There is no designer car or high end fashion. We travel rarely and when we do it is in our own state. However for me the value of money is there because like most parents we hope to be able to offer our children the best education we can. I would also like to know that when retirement comes we will lead a comfortable lifestyle where I can continue to do voluntary work within the community. Is this greedy? No, it is a case of money offering choices.

Women’s roles & money

In an age where we have more women working and more separations in families, women’s roles have extended greatly, be it the sole, equal or shared income contributor. Yet this is not translating into equal salaries.

There is an element of denial in how important money is to our lives particularly by many women. Not so much when it comes to shopping, saving or the household budget, more around how the money is earned! The spending part is easy for us all to speak about. The how and valuing how hard it is to earn is the challenge. Also, valuing our contributions and asking to be paid more when warranted!

Last week I met with a friend who is a contender for a senior role and has pitched herself in the middle range of what they are offering – even though she is brilliant and should be pitching herself at the top of the pay scale! Sadly it is a common scenario – a women undervaluing her expertise and the value she brings.

Like me, you have no doubt heard the saying ‘If you do what you enjoy and do it well the money will follow’. I am not so sure about that. Perhaps for some, however, for many others this does not translate into their reality.  I can tell you this from countless stories of women who spent their careers being loyal and working hard to deliver value to their employer/s and not being paid fairly for doing so.  So we can carry on with this mantra or we can acknowledge that the world of work and pay is not about what is fair and rewarding those who do a good job.  The onus is on us to value ourselves and to speak up.

I would love to see a mindset shift around how women define money as a value for their work and lives.  Once this occurs we may start to see some even greater traction around pay equality.

Steps for Change

Chances are if you are reading this you may sit into one of the groups below or know someone who does that you would like to help.

A) For those unsure of their core values:

If you are keen to explore your values in more detail, complete my values exercise ‘How To Define & Live Your Values’ and complete the values exercise. 

B) For those with money blockers:

If you know what your core values are, however have been reluctant to delve more into your value and attitudes towards money watch 4 Money Beliefs That Limit Your Wealth Inside and Out w/ Kate Northrup 

C) For those wanting to negotiate their salary:

If you feel you are not being paid fairly and want to learn how to successfully negotiate your salary package, get a copy of my book ‘The Busy Women’s Guide to… Salary Negotiation’ from Amazon   It’s less than $10 and pretty much everyone who has purchased and followed the steps has seen their bank balance and their confidence grow.

Your thoughts

What are your views and/or experiences around women and money as a value? How have you changed this? What do you believe women need to be doing more of to overcome some of the money blockers we have?

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How to Re-design Your Career & Lifestyle to Increase Your Happiness


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Contemplating A Career Change? Need Help?


Get Started With ‘The DIY Career Change Program’ 

“It is never too late to be what you might have been.” George Elliot

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The DIY Career Change Program is a series of 5 comprehensive 40 page plus workbooks that will take you from reflecting on who you are, and what you are great at, right through to identifying career paths and how to market yourself and secure the roles that you want.

The workbooks are full of amazing content and activities that you will find make a huge impact on how you see yourself and in helping you to move towards roles that will make you happier.

The series of 5 workbooks have been designed for you to print out as I have found people achieve better outcomes if they carry them about with them to capture thoughts, ideas, strategies, names and so on.  They will help you build the foundation and provide the road map towards your next great role.

Get ‘The DIY Career Change Program’ today

Purchase all 5 guides & receive the 39 page guide ‘Your Personal Brand – Defining, Development & Marketing Brand You!’

  1. Personal Awareness & Worklife Reflection
  2. Worklife Analysis & Career Exploration
  3. Research & Job Search Strategies
  4. Resume Writing, Marketing Yourself & Personal Branding
  5. Interview Preparation & Salary Negotiation

Total program cost – only AU$9.99  Click to purchase from my store on Selz.

If you are not sure, you can download the first two guides for free and if you find them helpful you can purchase the program at a later stage.

Get started today with my two free guides from ‘The DIY Career Change Program’

These workbooks have helped hundreds of people to make career changes. “The workbooks have been a fantastic resource. They have been invaluable” Kerry, General Manager

Please contact me if you have any queries about The DIY Career Change Program.


Other Career Services include:


 




How To Define & Live Your Values


“There is no passion to be found in playing small—in settling for a life that is less than you are capable of living.” – Nelson Mandela –

values words

Our values make us who we are.  They are developed over time in the interactions we experience.  It is important for you to understand your values as they act as internal guides to the things you do and say.

The majority of people have never sat down and thought about or documented what their values are. If you are unsure about your key values, I encourage you to review the extensive list of values below to assist in determining what they truly are. If there are values missing from this list, add these to the bottom blank section and treat them as a part of the two exercises below.

It is important to be aware of the values that are meaningful to us.  If we know what we value, we are better positioned to think about what industries, types of jobs and companies we may be most suited to. Or whether or not we want to work for ourselves.  It will also help to identify those values that we want to avoid in our career and life.

Are You Living Your Values?

DefiningLivingYour-ValuesExercise

Russ Harris, Author of The Happiness Trap also has some great free short values exercises and other worksheets on his website that I would encourage you to visit.




5 Ways to Communicate More Effectively When Job Searching & Networking


02A16Y0YWhile technology is great and facilitates many amazing discussions, connections and content sharing, it also leaves many people lost when it comes to the basics of general communication. Perhaps it is because we live in an age where everything is so rapid and where we can communicate anonymously should we wish.  However, if you want to build and maintain a positive personal brand, be sure to stick to the basics – a polite introduction of your name and purpose of the communication when reaching out to others is imperative.

I cannot tell you how many people when applying for jobs leave a message on the voicemail without leaving a contact number, full name and putting some context around the call. This does not leave a professional impression and would not result in the application progressing to the next stage. The same applies if it was a networking reach out – it would not led to a meeting.

If you are preparing for a job search related ‘meeting’ of any description (be it face to face, email or over the phone) go through the following checklist before reaching out;

  1. Clarity around the purpose of the communication (your objectives & potentially theirs). Keep it concise. What are you looking to achieve from the meeting or reach out? Is it to speak with them to then potentially gain a meeting? Is it to gather specific information?
  2. Understand who the audience is and the best way to communicate with them (phone, email, twitter, face to face, text etc.)
  3. A clear timeframe for yourself and for the audience. if you want to meet, ideally looking to arrange a coffee within the next two weeks etc.
  4. Being clear about the outcome you are working towards (they don’t necessarily need to know this however you do – tying back to the purpose). Why are you reaching out – to ultimately secure a job with company x, to learn specific information about why? Etc.
  5. Leave a ‘calling card’ that is aligned with your personal brand. This includes contact information in addition to the impression you leave behind from any form of contact you have with others. What do you want this to be?

Whenever you apply for a job or conduct networking activities, please be sure to revisit these five steps. Remember to introduce yourself and consider your audience rather than just launching into what you want or need. While it all sounds simple and logical, in the haste and potential pressure attached with job seeking, we can sometimes lose sight of the obvious.

As they say “You only get one chance to make a first impression”. What do you want that lasting impression to be?




Great Career & Lifestyle Books to Get You Inspired in 2016


booksI love reading, and in particular I enjoy reading books related to how we live and work.  This year I managed to get through a sizeable stack of books (I even managed to write my own, The Busy Women’s Guide to… Salary Negotiation). Below I have a brief overview of those that I found to be most relevant for people looking to make career and/or lifestyle changes. I find that the two generally coincide.

 

 

Enjoyable Books That Made an Impact in 2015  

Mean Girls by Meredith Fuller, is a great book that helps understand the dynamics of working with female colleagues – namely those who maybe causing you some grief. The good news is that you are not alone. At various stages in our careers we all encounter ‘mean girls’. It is nothing you are doing wrong – generally it is all about them!  This great book offers some good strategies to deal with the various types of ‘mean girls’ that inhabit our workplaces.

Sell Your Thoughts by Matt Church, is a book which title goes on to state ‘How to earn a million dollars a year as a Thought Leader’. The book is a part of a program that the author offers. Whether or not you are interested in doing the program and/or becoming a thought leader, what the book does is offer a great formula for guiding you through how to capture your personal brand. It offers the reader some thought provoking career related questions around who are, what you want to be known for, how you want to make your mark and so on. If you are considering self-employment or looking to remain an employee the book is a valuable resource.

Life in Half a Second by Matthew Michalewicz is an inspiring book, based on his life experiences. Matthew is a migrant who is a self-made successful business person and the book is his formula for experiencing success in your life be it business, career and/or personal.  The book is confronting in a great way, forcing the reader to reflect on how they want to live their lives. Given we all have only a finite time on this planet, what do we really want to be doing with this precious commodity called time!

How to Find Fulfilling Work by Roman Krnaric is a book I picked up in December from The School of Life in Melbourne.  As a career strategist the title caught my eye!  The book is an easy read that is peppered with career related exercises which is where the fun and challenging part kicks in. To get the value from the book you have to do the homework! While I agree with most of what is written I feel that the author is too dismissive of any personality profiling – namely Myers Briggs (MBTI).  From his description I suspect his knowledge of how the tool is actually used is limited. Any profiling tool offers a different perspective on who we are. They are not there to typecast or pigeonhole us which the author seems to suggest. We are more than our MBTI type!  He also seems to have an outdated view of careers coaches which was disappointing. In reading his book, I would suggest that what he is proposing when it comes to finding fulfilling work is what most contemporary career coaches advocate. For those contemplating a career change, it is a nice little book to get you started.

What I Am Looking Forward to Reading in 2016

My brothers kindly gave me the following book selection below (at my request) for Christmas. So this wonderful pile of books are sitting patiently on my bedside table waiting to be read. Each book sounded intriguing based on the reviews by the various people who made the recommendations. These were people who were ‘Thought Leaders’ in everything from career coaching, through to leadership development and general business.

  • A More Beautiful Question by Warren Berger
  • The Definitive Book of Body Language by Allan & Barbara Pease
  • The Workplace Within by Larry Hirschhorn
  • Ego & Soul by John Carroll
  • To Sell Is Human by Daniel Pink

If you have read any of the books from either list please feel free to share your thoughts. Also further book recommendations are always welcomed.