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March 24, 2023

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Escaping Corporate America

Escaping Corporate America Arise Tips_v2
Escaping corporate America. Why do we do it? The most obvious reason could be attributed to job security.

Working for a big corporation just isn’t the same as it was 30 years ago

Very few people work for the same company their whole lives. Receiving a huge pension and gold Rolex when one retires has become a thing of the past. With recent generations, most people switch jobs every few years. Millennials in particular, are switching jobs every two to three years.

With employee loyalty not being rewarded as it once was, it appears the fastest way to move up the corporate ladder and receive more pay is to move on with another company.

The Glass Ceiling still exists

With lack of employee loyalty comes another unfortunate factor of the corporate world: the glass ceiling.

In 2014, women still earned less than men for the same job and with both parties having the same amount of experience. Figures report women earning $0.77 for every dollar that a man earns.

Reports indicate the “Motherhood Penalty” and “Fatherhood Bonus” also play a role in the Glass Ceiling, citing women make less for each child they have. This shocking data point could be based on the misconception that women who have children will be less productive due to the demands of childcare. On the contrary, fathers are more likely to see an increase in pay, because they are viewed as a more valued and reliable employee.

Tips for those who are looking to leave the corporate world

Given the above, going off on your own and starting your own business could be a viable option. On top of that, making the transition between leaving your job and starting your own small business may be easier than you think.

  1. Review your finances and begin to save money
  2. Discuss the time commitment
  3. Identify your opportunities and skillsets
  4. Follow your passion

For detailed tips on making a plan, working towards your goal, and leaving the corporate life behind, read the full article on the Arise Home-Based Business Blog here.

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