An Executive Summary to the Future Job Initiative

8/14/2019 An Executive Summary to the Future Job Initiative

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TheFutureJobInitiativeChangingWorkplaceCompensationtoreflecttheInformationAge

ExecutiveSummarytotheFutureJobInitiativeChangingWorkplaceCompensationtoreflecttheInformationAge

Copyright2008by(M.I.N.D.S.).ALLRIGHTSRESERVED


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TableofContents

n ro uc on

TheFJICoreMission

ProposedCompensationModel

BuildingtheBridge


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SocialEntrepreneurship

Introduction

a er an eav ngsoc e a nee s o egovernmen or us nesssectors,socialentrepreneursfindwhatisnotworkingandsolvetheproblembychangingthesystem,spreadingthesolution,andpersuadingentiresocietiestotakenewleaps"

_______________Source: http://www.ashoka.org/fellows/social_entrepreneur.cfm

The FutureJobInitiativeoriginatesinthespiritofsocialentrepreneurship


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AccordingtoMerriamWebster

Dictionary,oneofthedefinition

Introduction(cont)

introductorystep.

Inthespiritofsocialentrepreneurship,theFutureJobInitiative isanintroductory

steptowardaddressingtherisinggapbetweenrichandpoorfromgroundup.Fromgroundupmeansgrassrootsindividualswillleadthewaynotthegovernmentorlargecorporate

institutions.


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TheFJIMission

TheFJICoreMission(cont)

ThecoremissionorobjectiveoftheFutureJobInitiativeistobuildandmaintaintheeconomicbridgenecessarytoaggressivelyandsystematicallyintegrateentrepreneurshipandwealthfocusedprinciples,processesandcompensationmodelsintothemainstreamworkplaceto

thepointwhereweeliminatepaychecktopaycheckdependenceonalargescaleandshiftemployeethinkingandfocusawayfromjust"earningapaycheck"torunningtheirownbusinessundertheroofemployerswiththesupportofemployers.


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Thismissionisbasedonthe

followingpremise: inordertoalign

globalinformationageandexperienceahigherstandardofliving,traditionalworkplacecompensationneedtoevolveawayfromtraditionalhourlywagesand

salariestoit'sinformationagecounterpart.ThisinformationagecounterpartisembodiedbytheFJImission.Takeacloserlook.


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Pre-IndustrialAge

IndustryAgecompensationbenefits


IndustrialAgeCompensationand

benefits

Farms

Craftsman

AgrarianSociety

Entrepreneurship

Duringtheindustrialrevolution,thestandardoflivingfortheaverageworkerincreasedsignificantlyasworkersmigratedfromfarmsandsmallshopstoearningawageinfactories.Itwasahistorictransition.

Economicbridge

TheIndustrialRevolution

Wages

Salaries

Medicalbenefits

401k


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benefits

InformationAgecompensationbenefits


Wages

Salaries

Medicalbenefits

401k

Economicbridge

TheInformationRevolution

Whathigherstandardofliving?

Asweundergothisinformationrevolution,shouldnttherebeacorrespondinghistorictransitionthatdramaticallyimprovesthestandardoflivingfortheaverageworker??Ifso,whereisit??


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DisappearingJobTrends

Article- UniversityofPhoenixeResourcematerial


In20yearsorso,it'spossiblethatveryfewpeoplewillhavejobsaswehavecometoknowthem.Inplaceofjobs,therewillbepart- timeandtemporaryworksituations.Organizationswillbetransformedfromastructurebuiltoutofjobsintoafieldofworkneedingtobedone.Andtheseorganizationswillbeessentiallymadeupof"hiredguns" contingentemployees(temporaries,part- timers,consultants,andcontractworkers)whojoinprojectteamscreatedtocompleteaspecifictask.Whenthattaskisfinished,theteamdisbands.

_______________Source: Robbins,StephenP.(2001)OrganizationalBehavior(Rev.customed.,UniversityofPhoenix).Boston:PearsonCustomPublishing.

Sofar,weareseeingdisappearingjobtrends


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Estimated number of high-skilled U.S. jobs moving offshore

Career Area 2005 2015

Life Sciences 3,700 37,000

Art, Design 6,000 30,000

..weareseeingradicaljoboutsourcingtrends

Legal 14,000 75,000

Sales 29,000 227,000

Architecture 32,000 184,000

Management 37,000 288,000

Business Operations 61,000 348,000

Computers 109,000 473,000

Office Support 295,000 1,700,000

Total 588,000 3,300,000

BusinessWeek,SpecialDoubleIssue,TheFutureofTechnology,Aug18-25,2003 :


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andweareseeinganeverexpandinggapbetweenrichandpoor,


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benefits



Wages

Salaries

Medicalbenefits

401k

Economicbridge



So,theon-goingtransitiontotheinformationageisdramaticallydecreasingthestandardoflivingforaverageworker/consumer notincreasingit.


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benefits



Wages

Salaries

Medicalbenefits

401k

Economicbridge



So,again,asweundergothisinformationrevolution,shouldnttherebeacorrespondinghistorictransitionthatdramaticallyimprovesthestandardoflivingfortheaverageworker??


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tobuildandmaintaintheeconomicbridge

TheFJImissionaggressivelyaddressesthishigherstandardoflivinganditcanbebrokenupintotwoparts:economicbridgeandtheresultingstandardoflivingasshown


?

Economicbridge

systematicallyintegrateentrepreneurshipandwealthfocusedprinciples,processesandcompensationmodelsintothemainstreamworkplace..

..tothepointwhereweeliminatepaychecktopaycheckdependenceonalargescaleandshiftemployeethinkingandfocusawayfromjust"earningapaycheck"torunningtheirownbusinessundertheroofofemployerswiththesupportofemployers


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benefits



Weeliminatepaychecktopaycheck

dependenceona

Wages

Salaries

Medicalbenefits

401k

So,asweintroduceandlaunchtheFJImission,theultimateendresultwillbeahigherstandardoflivingforemployees/workersonalargeeconomicscale.

TheFJIbridgebuildingMission

shiftemployeethinkingandfocusawayfromjust"earningapaycheck"torunningtheirownbusinessundertheroofofemployerswiththesupportofemployers


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CompensationModel


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TheProposedCompensationModel


dependenceona ?largescaleandshiftemployeethinkingandfocusawayfromjust

"earningapaycheck"to

runningtheirownbusinessundertheroofofemployerswiththesupportofemployers.

Whatistheproposedcompensationmodel?

Everyinitiative,mission,goalorprojectmustbeginwiththeendinmindInthiscase,theendistheproposedcompensationmodelrequiredtounderwritethishigherstandardofliving.


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TheProposedCompensationModel(cont)

EmpoweredEmployeeCompensationModel

PrimaryResources

ProductivityBased

Compensation


dependenceona

TheFutureJobInitiativelauncheswiththeproposedEmpoweredEmployeeCompensationModelasthetarget.Themodelconceptuallyreplaceshourlywagesandsalarieswitheleven(11)newincomeresourcesandbenefits

Ownershipequity

ResidualIncomeEquityBenefits

Supplementalcomp/benefits

Salaries/Wages(temp)

CollaborativeSupportBenefits

VirtualWages

VirtualDividends

VirtualBonds

VirtualStocks

PrivateRetirementplans

Groupmedical

largescaleandshiftemployeethinkingandfocusawayfromjust"earningapaycheck"to

runningtheirownbusinessundertheroofofemployerswiththesupportofemployers.


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TheProposedCompensationModel(cont)

Thewordconceptuallyiskeyhere.Withtheproposedmodel,theFutureJobInitiativesetsthestageforamassiveresearchcampaigndesignedto:

Introduce

EmpoweredEmployeeCompensationModel

PrimaryResources

ProductivityBased

Compensation

Teach

FieldTest

Validate

andultimatelydeployanewworkplacecompensationinfrastructurewhichimprovesthestandardoflivingfortheaverageemployee/worker.ThisresearchmayvalidatetheconceptsandideologyunderwritingtheEmpoweredEmployeeCompensationModelorproduceamodelcompletelydifferent.So,thecorefocushereistotargetresearcheffortsinagivendirection.

Ownershipequity





VirtualWages

VirtualDividends

VirtualBonds

VirtualStocks


Groupmedical


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benefits


TheProposedCompensationModel(cont)EmpoweredEmployee

CompensationModel

PrimaryResources

ProductivityBased

Compensation

Wages

Salaries

Medicalbenefits

401k

Economicbridge


.andigniteacampaignthatwillultimatelyanswerthequestionwhereisthishigherstandardoflivingasweenterthe21 st

centuryandtheinformationage.

Ownershipequity





VirtualWages

VirtualDividends

VirtualBonds

VirtualStocks


Groupmedical


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benefits


BuildingtheBridgeEmpoweredEmployee

CompensationModel

PrimaryResources

ProductivityBased

Compensation

Wages

Salaries

Medicalbenefits

401k

Economicbridge


So,howdowebuildtheeconomicbridgetotheEmpoweredEmployeeCompensationModelandinstallitintothemainstreamworkplace.

Ownershipequity





VirtualWages

VirtualDividends

VirtualBonds

VirtualStocks


Groupmedical


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BuildingtheBridge(cont)

"Ratherthanleavingsocietalneedstothegovernmentorbusinesssectors,socialentrepreneursfindwhatisnotworkingandsolvetheproblembychangingthesystem,

Remember,inthespiritofsocialentrepreneurship,thiseffortstartsfromthebottom-upviaamassivegrassrootscampaign.nottopdown.Thisbottom-upeffortinvolvesthinktank,research,businessdevelopment,careerdevelopment,wealthbuildingandcontinuingeducationeffortsallwrappedintoone.ThecentralthemeistheresearchefforttowardfieldtestingandvalidatingtheEmpoweredEmployeeCompensationModel.

spreadingthesolution,andpersuadingentiresocietiestotakenewleaps"

_______________Source:http://www.ashoka.org/fellows/social_entrepreneur.cfm


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BuildingtheBridge(cont)

..tobuildandmaintain

theeconomicbridge

FJIgrassrootsoperationsgrowandexpandaccordingtoafive(5)stage

businessplan:necessarytoaggressivelyandsystematicallyintegrateentrepreneurshipand

wealthfocusedprinciples,processesandcompensationmodelsintothemainstreamworkplace.

StageI: EarlyGrowthandDevelopment StageII:BuildingtheFoundation StageIII: MainOperations StageIV:CorporateIntegration

StageV: GovernmentInitiatives.

Eachstageadvancestheresearch,businessdevelopment,careerdevelopment,wealthbuildingandcontinuingeducationactivitiesforward.


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SupportFJIResearch

TheFutureJobInitiativeisinitsinfancyandwedeployseveralmutuallybeneficialorcollaborativebusinessmodelsdesignedtobothfundtheearly

stagesoftheinitiativewhilebuildingmutuallybeneficialalliancesnecessaryto , supportFJIresearchoperations,severaloptionsapply:

ContributeprofessionallytoFJIoperationsparttimeovertheinternet(primarilyforwageearners,aspiringentrepreneursandsmallbusinessowners)

JointheFJIEntrepreneurandLeadership(primarilyforcorporateleaders,organizationalleadersandestablishedentrepreneurs)

ShopattheFJISingleAffiliateMall(allparticipants)


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ContributeprofessionallytoFJIoperationsparttimeovertheinternet(primarilyforwageearners,aspiringentrepreneursandsmallbusinessowners):

Asnoted,FJIoriginatesatthegrassrootslevelwhereweencourageindividualsfromallwalks

SupportFJIResearch(cont)

o ean pro ess ona y sc p nestoengagean contr utepro ess ona ytooperat ons.

Amultitudeofbusinessdevelopment,wealthbuildingandincomeproducingoptionsexistdependingonyourattentiontodetailandthevalueofyourprofessionalcontribution.

Participationisopenandfreetoanyonewithaninternetconnection.Fromthispoint,youwillhaveopportunitiestomakestrategicbusinessproductioninvestmentsinwaysthatbenefityouandenhanceyourabilitytobuildwealthandearnincomeacrossoperationalplatforms.

Bepreparedtoallocateatleast5to10hoursperweekforparticipation.Togetstarted,firstlearnmoreabouttheFutureJobInitiativebyreviewingthecontentattheFJIprimaryportal(www.futurejobinitiative.com).


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JointheFJIEntrepreneurandLeadershipGroup(primarilyforcorporateleaders,organizationalleadersandestablishedentrepreneurs):TheFJIEntrepreneurandLeadershipGroupisprimarilyforcorporateandorganizational

leaderswhowanttosupportresearcheffortbutdonothavethetimeto


participateinon-lineoperations.Thisisa$99.00yearlymembershipwhichoffersthefollowingbenefits:

Anadvertising/sponsorshipbenefitwhereyourcorporatelogowillbelinkedtotheFJIsponsorshipforumaswellasotheroperationalforums;

AoneyearsubscriptiontotheFJIResearche-newsletterwhichservesasanExecutiveSummaryoverviewofallactivitiesanddevelopmentsassociatedwithFJIoperationalportals.

Tolearnmore,visitwww.futurejobinitiative.com/fjiresearch.html


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VisittheFJISingleAffiliateMall(allparticipants):FJISingleAffiliateMallservesasageneralfundraiserbydistributingvalueaddedproductsandservicestoFJIparticipants.WeencourageallFJIparticipantsandenthusiast

tovisitthemalland urchase roductsandservicesasa licable.


www.futurejobinitiative.com/singleaffiliatemall

Documents

An Executive Summary to the Future Job Initiative