Sunday, October 12, 2008

The Future of Employment: Maximizing the Value of Employer and Employee

(This is the 6th and final installment in a series of articles about the problems associated with government's attempts to ignore free market principles in a free market world ecomony.)

The solution for all the economic and social woes we face will naturally occur with the improved understanding of value.

The World of Employment Will be Enhanced by Understanding Value.

Let me describe an entirely new relationship between a business owner and the employee which will raise everyone’s standard of living, and reduce the gap between the "haves" and the "have nots." As I have said, everything revolves around the understanding of value. Value can no longer be associated with time, with products of services as ends in themselves. Value must be aligned with the realized ability of a product or service to improve the life conditions for the buyer.

Value for an employee must be seen in the same way. An employee, recognizing the responsibility to provide value as the foundation for determining a worthy wage, must realize, then appropriately communicate, how his participation does just that.

The Employee Approach to Job Search will be Changed. Earnings will be Improved.

Employees will no longer be interested in merely trading time for money. They will be more concerned that their companies, and their company’s customer, are able to be positively and recognizably impacted by what they do. "Getting a job," as though an employee is taking something from someone, will be replaced by rendering a service, as though an employee intends to make a real and recognizable contribution on his company and on the company's customers.

The Employer Approach to Recruiting will be Changed. Earnings will be Improved.

Employers will stop recruiting for positions, too. Instead, they will be communicating their vision and mission, their reason to exist, and will be seeking good people who can align themselves to the completion of those missions.

Employers will not be looking for people to put in positions, so much as looking to discover the impact of having a particular person at work to fulfill the company's mission, and to serve its customers. Employers and employees alike will not want to exchange money for things done, so much as for measurable impact of the things done. This will automatically raise the earnings for an employee’s service as he or she is able to raise the profitability of the employer. Job security will be of little concern.

Great employees who make contributions to the profitability of their employers will be desirable everywhere. Once an employee knows his best contributions, and is able to produce them confidently wherever he is placed, he will have confidence enough to know that will eliminate his fear of serving where there is a mission to be fulfilled.

The More You're Worth, The More You'll be Paid. The Greater Your Impact, The Greater Your Compensation.

Once value is understood in the mainstream of our economies and our lives, it will start to make no difference what any other person is paid. It will be understood that one's pay will be less than the contribution made. Whether you are Roger Clemens, Lebron James, Bill Gates, or John Doe, once you understand how to look for and deliver value, you will begin to earn in accordance with the value you provide, and to your heart's desire.

This is the key to a better future. It is the solution to most every economic and social problem. It is the only way that our long and well developed capitalism can endure. It is the best way to correct perceived income inequality.

We may not remember that there is no "free lunch," but remember we must, if we are to survive.

CJ Coolidge is a regular contributor to HRTools.coms.
You can now get your own copy of his groundbreaking book, The Squaredime Letters.
You can vist CJ online at

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