Sunday, May 24, 2020

We overestimate the gap between nonprofit and for-profit jobs

We overestimate the gap between nonprofit and for-profit jobs My ex-husband worked in the nonprofit sector for a while. And you know what? He rarely got health insurance. At one point, we were completely stressed out about not being insured, and he asked his boss what everyone else was doing, and she said, Cant you get insurance from your spouse? Thats what we do. Thats appalling. Being a non-profit is no excuse for treating people poorly. And its not just benefitsIts pay, too. Paying way below a living wage is elitistas if working in a nonprofit is a rich kids playground that your parents fund. Luckily, the non-profit world is changing. The difference between not-for-profit and for profit is becoming more and more artificial. When a business is deciding whether to be for-profit or not-for-profit, they are thinking about what is the most efficient way to meet their goals. For example, the Gates Foundation was established to get the money out of the hands of one family and give it to people who can change the world with the money. They do not want to make a profit, so they put all the money they make back into the Foundation. Merck, on the other hand, is changing the world by curing diseases, but they need to create a profit in order to keep their stock price up and pass money on to shareholders. Both companies are solving huge health problems. Both companies have equal capacity to get you, an employee, very close or relatively far from the act of saving a life. The only difference between the organizations is the financial structure. So, here is a new way to think about careers in the non-profit sector: 1. Its small minded to think you can only do good in a non-profit. Its really dangerous to think there are vastly different motivators in the non-profit world. Youll notice that in the for-profit world, in the new workplace, money is not a key motivator. You should not work where someone does not value you (and pay a living wage) and you should not work where you do not find meaning in your work. I think we should all be careful of dividing the world into meaningful non-profits and soulless corporations. Caring for each other has more to do about the people who we report to and manage than the goals of the organization. If your boss comes to work every day genuinely looking to help you grow, and you do the same for the people you manage, then thats a great workplace. If your boss is a jerk, and you are a jerk, then its a terrible place to be. It doesnt really whether your company is making tons of money or saving lives in Tibet. What we do ourselvesindividually, with the people next to us each dayis what establishes meaning in our lives. 2. Some non-profits are doing less than some for-profits. Just because a company is a non-profit doesnt mean its not a wasteland. Example: United Way. We already know that grassroots organizations are most efficient at channeling aid to people who need it. Yet United Way persists with their umbrella model of taking money from the community, through a monopoly-type system with corporations, and then deciding themselves what smaller organizations will get money. United Way actually does no good directly. They are middlemen, skimming off the top. And in the age of Internet, we can all decide where to give, and give directly. We dont need United Way. Salesforce.com, on the other hand, is raking in profits. And they give employees time off to serve the community directly. The employees choose what to do. There is no overhead because Salesforce.com is eating the costs themselves. It is totally efficient. There is no fundraising, there is no sucking the enthusiasm out of locals by telling them they need a middleman to connect with grassroots movements. 3. Choose your job by how direct you want to be. Choose your job by what your skill set is and what your financial needs are. How direct do you want to be? You can be very direct and have little impact, and you can be very indirect and have massive impact. You can work with people you hate and save the world, or you can work with people you love, and donate money at night, on the Internet. Being in a job you love allows you to generate income, and good will, and to cultivate a sense of gratitude to the world. Which means youll give back no matter what. 4. Consider that earning money is a direct path to doing good. The Robin Hood Foundation is famous for inventing a more direct route to doing good. Its a room full of people who are bidding to build things like a new shelter for the homeless ($470,000, raised in a few hours) . And 100% of their money goes directly to that project. Its the hedge fund industrys way of giving back. And its just like their day job: brash, fast, high-flying, full of peer pressure, and extremely fun. Its hard to say these guys are not doing good. They are making way more money than most foundations make in ten years. And they are putting it to work to do good immediately. Or heres another model. Earn money and buy board seats at companies that dont respect the benefits of diversity, and then you can force diversity on them as a shareholder. Thats pretty direct. And if you didnt have money on your side for this one, it would take you ten years of lobbying congress or flying on jets with CEOs. (Is there a difference?) When you talk about your career, talk about doing good, for sure. But recognize that we are each capable of doing good from wherever we are. And each of us is capable of being fulfilled in a wide range of jobs. Grow your career with an open mind: youll find more opportunities to make a difference in the world. Hat tip: The Non-Profit Discussion on Brazen Careerist, (where I might have been annoying to everyone, but still, I learned a lot from the conversation.)

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.