If you’ve ever considered a career change, or have been through one (or many), you may have asked yourself these questions numerous times. You also know that making such a drastic professional and personal decision directly affects your sense of self-esteem and confidence. I know it certainly did for me…
Research statistics show people change careers an average of three to seven times in the course of their lifetimes. While opinions differ as to what constitutes a career change, it remains that any career transition or change is one that can pose challenges and certainly requires a great amount of confidence, especially for working women. Considering the many barriers facing women in the workplace, and the lack of support women often face when displaying confidence at work, mustering the confidence to change careers can seem like an insurmountable feat.
This is especially relevant during the COVID-19 pandemic, which has prompted so many individuals to question and re-consider the purpose of their work. Working moms more specifically, who have had to bear the brunt of the childcare and work crisis, are at the forefront of the career change wave. Recent statistics show 61% of women are planning to change careers after the pandemic. Among these, 60% are planning to completely pivot in their careers, while 25% are turning to entrepreneurship. More than ever, it’s becoming increasingly important to learn to muster the confidence to tackle career changes.
Here are 4 tips that can help:
Be realistic
Any career change is a turning point in anyone’s career, and by extension, in anyone’s life. As a working woman in particular, it can be a significant transition that can bleed into other life areas, including family, finances, marriage and parenting. Being realistic about the seriousness of such a transition, along with the associated costs, sacrifices and obstacles, can go a long way towards minimizing the frustration and difficulties that may come up.
In my experience, every time I’ve had to face a career transition, taking into account the financial aspect of the related change, as well as any logistical requirements, from scheduling to childcare, was key.
Use what you have
Changing careers supposes you already have a career to begin with. In this sense, you’re not starting from scratch, but from valid, worthwhile and solid experience. This experience can in turn be leveraged to facilitate your transition into a new field, company or even industry.
One of the most precious and impactful realizations I made when transitioning careers is that nothing from my prior professional life was wasted. Every single thing I learned in my entire career path served a purpose and prepared me for the next step, whether in terms of what to do or what not to do.
Think in terms of value not credentials
One of the biggest obstacles when it comes to changing careers is often the perceived lack of qualifications or experience. Rather than thinking in terms of credentials, focus instead on the value you bring to your new career, field or industry. Coming from a different path also means you’re bringing in a more diverse perception, view and skillset into your work, thus increasing your value beyond just credentials.
Transitioning careers has allowed me to witness first-hand the power of repurposing one’s skills, knowledge and experience from one area to the other, thus spurring innovation, creativity and renewal in the process.
Bring your passion
Career changes can be extremely rewarding. They can also be hard and demanding. What makes the process more bearable when the going gets tough, is the amount and depth of passion you can bring to the table. That’s also what makes the difference between a successful and a laborious career transition.
For me, passion is the fuel and the salt of work. Without it, it’s nearly impossible to follow the often winding , transitional in nature, road of purpose. It’s also how I recognize whether I’m on the right path or not.
Overall, mustering the confidence to change careers is a process. It is one that requires being aware of the value you bring to the table, leveraging what you’ve already accomplished, arming yourself with passion, but also being sober and realistic about the challenges ahead. Yet, it is a process that in and of itself, offers the invaluable rewards of positive re-direction, enhanced innovation and continued resilience.
Are you mustering enough confidence to change careers?
Have you ever wondered if you’d ever had to choose between motherhood and your career? If you’d ever had to roll the dice to decide of the best time to have the baby, or go for the promotion, or even change career paths to have more flexibility? Like many, if not most working mothers, you may have had to ask yourself these harsh, heart-wrenching questions. If you have, then you may have very well deal with the proverbial motherhood penalty. I know as a working mom, I certainly have…
In honor of International Women’s Day this year, I’m shining the light on the motherhood penalty, or the high, and highly unfair price working moms have to pay to simply be…well, working mothers. Now more than ever, especially with the COVID-19 pandemic, women are having to bear the burden of being both caregiver and having full-time jobs. In addition, they’re also faced with escalating childcare costs, limited maternity leave, and general caregiving costs that keep climbing as time goes by. As a result of the worsening of these conditions through the pandemic, too many working moms have had to drop out of the workforce, at a record tune of 2.2 million women leaving their careers in 2020.
In this context, I’m honored to partner with the Mirza platform, dedicated to educating and empowering working parents around the cost of raising families. In a survey conducted last month, Mirza found 73% of women thought having a child would hold them back in their careers. Furthermore, Mirza just released a research study entitled Rolling the Dice: Breaking Down the Motherhood Penalty. This research is based on a 2018 study by the Institute for Women’s Policy Research, accurately titled Still a Man’s Labor Market, which investigated the gender pay gap over 15 years for the same men and women. By using a multi-year analysis, Mirza’s study found women actually earn $0.49 for every $1 that men make. Women who only took one year out of the workforce over this 15 year span saw their earnings dip 39% lower than women who worked straight through. This study confirms that women are literally rolling the dice professionally and biologically, at times having to start businesses or delay motherhood, which in and of itself can be a significant gamble.
To discuss the motherhood penalty in more depth, I’ve had the pleasure to interview Mel Faxon and Siran Can, co-founders of the Mirza Platform, on their journey creating the platform and their thoughts on the motherhood penalty:
Can you tell us about yourselves in terms of your professional background?
Mel: I am what you might call a “jack of all trades.” I graduated with a French and Foreign Affairs degree from UVA. I started out working in sports marketing, moved to a travel startup in Barcelona, worked at a James Beard award winning restaurant in Boston, worked for an EdTech startup in Denver, then was at a luxury travel startup for a few years before moving to London to get my MBA at London Business School. I’ve done sales, product management, process improvement, portfolio management, events, marketing – that’s the beauty of working in startups! You always get to do more than your job description and it’s a fantastic way to learn.
Siran: I was a Gender Studies major at Harvard and had expected to go into academia or nonprofit, but wanted to get some “real world” experience to bring to my work. What started as a short skills pursuit, learning management and operations, turned into a career. I built the driver support organization for Uber in New York and oversaw the support business for the US Northeast, was loving it, then life got in the way. My husband’s job moved us to London, where I got my Master’s in Social Business & Entrepreneurship at the London School of Economics. Hopefully Mirza is bringing it full circle now: integrating the work I wanted to do in women’s empowerment with the work I’ve enjoyed so much in my career.
2. What prompted you to start Mirza?
We are both of the Millennial generation of women, who have grown up being taught that “women can have it all.” But we’re also in a place where experts are projecting that it will take us another 108 years to achieve gender equality. Last January, we were talking about the obstacles that we and other women we know have faced, and really came down to “how can we be part of the solution?”
Our research brought us to the fact that the motherhood penalty is the leading cause of the gender pay gap, and after speaking with over 100 women, we realized just how much of a lack of resources there are around financial and career planning with this lens. By providing a tool for all parents, we are involving men – and that’s essential for actually changing things. We can’t keep continuing to put the onus on women to change things that are out of their control.
3. Motherhood penalty is the lesser known part of the wage gap. Can you tell us what the biggest issue with it is, and how it worsens the wage gap?
Absolutely! The motherhood penalty, or the steep decline in earnings a woman sees when she has a child, makes up 80% of the gender pay gap. What causes the motherhood penalty? A couple of things. The fact that we only offer maternity leave, instead of parental leave, so women default as the parent who takes time out of the workforce, and that compounds into huge financial losses in the long term. Women who took only one year out of the workforce earn 39% less than women who continue working straight through. We also don’t have PAID parental leave, so that’s a huge contributor. Infant care is also more expensive than public college in 33 states, so that financial strain on families tends to force one parent (usually the birth parent) to stay out of returning to work longer. Lastly, we still have a lot of cultural norms to overcome. The nuclear family dynamic is INGRAINED into the American psyche, and until we can get men on board to split parenting duties and household responsibilities equally, there’s only so much that structural change can do.
4. Would you agree the COVID-19 pandemic has increased the motherhood penalty? If so, how much and do you think we can recover?
Unfortunately, yes. Studies are showing that we’ve lost 30 years in progress towards gender equality. And studies are also showing just how hard women have been hit during COVID. 17% of working moms quit during the pandemic, and 1 in 4 of those still working plan to quit or downshift due to childcare needs.
The childcare piece is a key factor; so many centers were forced to close during the pandemic, and many of them closed permanently. Working parents are struggling to work, parent, and homeschool all at the same time – it’s why we’re seeing countless articles on burnout. The New York Times did a great series called The Primal Scream that really encapsulates this.
We’re facing the first “she-cession” and unless we pass litigation geared towards helping working moms and working parents, I don’t know how we do recover fully. Biden has proposed 12 weeks of paid parental leave, universal child care for three and four year olds and sliding scale childcare subsidies – we fully support this! But we need everyone to lobby behind it and get these proposals passed.
5. What were your findings in your research study entitled “Rolling the Dice: Breaking Down the Motherhood Penalty”?
So while we didn’t do our own research in this paper, we broke down and analyzed previously done studies to explain the motherhood penalty and the ramifications of delaying children. A 2020 study by Modern Fertility found that 49% of respondents were delaying having children, with many of them wanting to hit a certain milestone in their career – salary or level – before kids.
The main study we analyzed, by Liana Christin Landivar in 2020, was on the motherhood gap and first birth timing. The key takeaway is that for a select few, high wage, white-collar jobs, delaying children actually CAN help mitigate the motherhood penalty. However, for the majority of women, delaying children can actually cause more of a penalty. We flushed out the variance for four different professions, or the loss over a career of income based on delaying a child versus having one early.
We also wanted to highlight that while delaying a family can sometimes help professionally, it can also come with a very high physical cost. Our bodies are still made to have kids earlier, and the physical, mental, and financial toll of IVF is a serious side-effect of delaying.
At the end of the day, the most important thing to know is that this gamble women are making is NOT the answer. The answer lies in the structural changes we’ve already mentioned, and increasing labor force affiliation (i.e. telling women that it’s ok to love working).
6. How is Mirza helping working moms and working parents in general deal with the motherhood penalty and the wage gap in general?
Our app democratizes financial planning, the way it should be done: helping employees explore long term financial and family goals, with the compounding impact of years out of the workforce in mind. Parents access affordable childcare through our financial vehicle innovation (still in stealth mode!), and paired with our app to guide maximizing this new vehicle, unlock long term financial health.
On an individual level, by facilitating conversations between couples, we can help couples understand the long term impacts of their decisions around growing their family. We can help them visualize childcare, parental leave, and other decisions together, rather than defaulting to the birth parent taking time out of work/being the primary caregiver.
On an employer level, we can provide essential data to help improve retention of working parents as well as to help improve workplace policies for parents.
7. What is your best advice for working moms out there who may be afraid of rolling the dice between motherhood and career?
Remember that you and your partner are a team! Reframe the mentality that “it would cost more than my salary after tax to pay for childcare.” You have a household income, and you both contribute to childcare
Take the time to sit down and go through your values, career goals, life goals, on your own, then talk to your partner and build a plan to support each other as you grow your family. We made a great guide for this
Plan ahead! The motherhood penalty is real, but having plans with your partner around who takes leave when, your childcare plan, and a plan with your employer BEFORE you take leave is essential. We’ve also made a great guide for that, here
Talk to someone! We’ve built a community for parents, Mirza Connects, specifically for this – the ability to chat with other working parents about how they’ve navigated the same things. Your readers can join (for free!) here
It was such a pleasure learning more about the Mirza platform and its co-founders Mel Faxon and Siran Cao. For more information on the astounding and so necessary work they do, please visit Mirza and access their research report on Rolling the Dice: Breaking Down the Motherhood Penalty.
Growing up, I used to hear from the women around never to put all my eggs in one basket. At the time, they were referring more to my predilection for sky high, uncomfortable heels. While I recently (finally) started investing in sensible shoes, the advice still holds true, whether it’s diversifying stock portfolios or career choices. Diversifying your career opportunities like you diversify your stock portfolio is not only possible; but it’s also a great alternative to staying stuck in one field, instead affording you the opportunity to expand your knowledge, experience, network , and…streams of income too.
I didn’t consider the possibility of diversifying career opportunities until following some of my favorite business ladies and influencers on social media. Yet, the theme of career diversification has been quite prevalent for quite some time. In an age characterized by utter uncertainty and latent unpredictability, career changes and transitions have become the norm rather than the exception, as shown by research from the U.S. Census Bureau. Stemming from the need to establish multiple income sources and enhanced financial and professional security, career diversification appears to be one of the smartest professional decisions to make.
Here are 7 avenues to consider when diversifying your career:
1- Consulting
Can you serve as a consultant in your area of expertise, or a side area in which you may have developed substantial skills and knowledge? A consultant is defined in the Merriam Webster dictionary as “one who gives professional advice or services”. Depending on your field of expertise, being a consultant may require a professional certification or specialized skills. In most cases however, if you are qualified, like to network, and are organized and efficient enough to manage a clientele, consulting may just be for you.
2- Blogging in your field of expertise or a related one
Blogging basically consists in the production of media self-published online, whether it’s writing, journalism or photography. While it started more or less as diary-style entries published by individuals, it quickly grew into one of the main marketing and advertising tools used by entrepreneurs and businesses alike. Starting a blog is an inexpensive and potentially highly effective way to share information and resources around the area of expertise of your choice, opening the door to diversifying your career in a unique and authentic way.
3- Speaking:
Expanding your area of expertise into a speaking business can establish you as an authority in your field, and earn you additional income and professional opportunities. Serving as a speaker in a particular area requires honing your public speaking skills, gaining substantial expertise and experience in said area, and establishing a solid and trusting client base.
4-Teaching:
Turning your skills into teaching opportunities, whether in formal roles as adjunct professors, tutors or teachers, or into educational businesses and opportunities, is quite rewarding. Not only does it give you the opportunity to give back, but it can also create unsuspected outlets of creativity and innovation.
5- Side hustle:
A side hustle can take many forms. It could be putting a hobby into actual business practice, or leveraging one’s expertise or profession into an alternative source of income. Side hustling has become quite common in most recent years, with the advent of the freelance economy and the rise of entrepreneurship globally. While it requires an additional investment of time, energy and resources outside of your full-time job, it also has the potential of turning into an unlimited supply of income, innovation and creativity.
6- Writing books:
Another common way of diversifying your career is to leverage your knowledge and skills into books. With the rise of self-publishing, , it has become much more common to break into the literary industry and make a name for oneself. In addition, the self-help and advice industry has also been trending upwards, making room for more publishing by experts.
7- Creating products related to your area of expertise:
Last but not least, using your knowledge and insights to create products in your industry is also a valuable way to expand your career opportunities. From simple merchandise such as home and office accessories to more complex products, sky is the limit when it comes to creating consumer and business products.
All in all, we’re living in an age where career diversification is no longer taboo. Women especially have been at the helm of the rise in entrepreneurship, and as such, have been demonstrating the rewards and benefits of diversifying one’s career. From consulting to creating products, not to mention book writing, side hustles, teaching, speaking and blogging, opportunities are numerous.
As I was preparing for a presentation on women at work , one of the recurring questions that came forth was: “Will this career allow me to be a mom and have work-life balance?” First, the term itself, work-life balance makes me cringe at every turn. In a modern society and at a time where the lines between work and life have been so blurred, especially during a pandemic with a predominantly virtual “new normal”, where is the balance to be found? Second, the mere consideration of women weighing motherhood against work is upsetting enough to take yet another coffee break. Truth is, working moms have been trapped by the false idea of work-life balance. And it’s high time it stopped…
As a working mom, like most, many, if not most of my career decisions have been shaped by motherhood. From transitioning careers, to letting go of travel and certain aspects of work not compatible with motherhood, it’s meant making choices that others did not have to make. What it also means is that these choices, and the doors they lead to, are predicated upon such a natural and human occurrence as becoming a mother. In the tight space between these difficult choices and motherhood, lies the dilemma of so many working moms being told to strive for an elusive work-life balance…As a result, young women are entering careers that are neither aligned with nor fulfilling to their purpose. Mid-career women are having to leave a part of their identity through work, having no choice but to save their families as caretakers. More experienced career women are being victims to even more false misconceptions, including ageism.
While the boundaries between life and work have become increasingly blurred, more and more working women are getting clearer about their priorities. As the resulting health, economic and mental crisis as disproportionately affected working women by shifting the caretaking and household burden almost exclusively on them, it also allowed for a reckoning of the issues faced by women. As such, it is also making the conversation around women and work, including work-life balance, louder and hopefully more constructive and conducive to real solutions:
Work-life balance is elusive
While the term work-life balance has been thrown around left and right for the longest time, the concept behind it is quite elusive in practice. How do you establish a balance between overlapping areas such as life and work? As a working mom, being at work inevitably means missing out on precious moments as a mother and caretaker. Conversely, stepping down from or reducing work obligations to devote more time to caretaking activities can be rewarding, yet it can also translate into lost dreams and delayed aspirations. There’s really no win-win here, and no true sense of balance…
Find what matters to you
At the end of the day, it’s less about establishing an artificial sense of balance and equilibrium, than it is about pursuing your own path and purpose. What matters to you may be insignificant or irrelevant to someone else, yet it may truly define what you are about. Identifying what truly matters to you and makes a real impact for you and others is key to escape the entrapment of a traditional work-life balance, and live life on your own terms.
Prioritize your well-being
The relentless search for work-life balance can often lead to exhaustion, as you strive to juggle the personal and professional in an endless quest for the perfect equilibrium. In all the loud arguments for and against work-life balance, true well-being may be left out of the loop. Each individual’s need for and understanding of their own well-being does not necessarily fit into the neatly folded corners of work-life balance. It’s often tucked somewhere in between moments of extreme busyness and eerie calm, or can be found in the exhilaration of goals accomplished or the tugging call of transitions. Whatever it is, and wherever it may be found, it is infinitely more important than a carefully studied idea of balance.
It is high time that the concept of work-life balance not only be re-visited, but even most importantly, held against the light of modern reality for working women and moms. If its goal was to help make the latter’s lives and work easier, then it should never become a prison of expectation and performance.
Have you ever had to deal with a micro-aggression at work? Maybe it was a slight from a co-worker, or a snub from management after a well-done project. In some of the worst-case scenarios, you may have had to deal with harassment or even intimidation. Microagressions are verbal, behavioral, and environmental indignities communicating hostile, derogatory, or negative racial slights and insults to a target person or group. They occur in workplaces all around the world, and can be reinforced by company culture and tone at the top, thrus breeding toxic work cultures. They are also quite painful and complex to address and deal with…
According to a June 23-July 6, 2020 Gallup Panel survey, Black Americans constitute the largest racial group to experience and report micro-aggressions in the workplace. 9% even report having been insulted or called names, and 5% victimized through harassment and threats. Among working women, the 2018 Women in the Workplace report published by Leanin.org shows 64% of women deal with micro-aggressions as a reality at work. Black women are reported to face more varied micro-aggressions overall.While these issues disproportionately affect women, males are not exempt from these either.
Addressing micro-aggressions constructively requires going through a process of introspection, communication and decision, including: 1- Determining how much time and energy to devote to said micro-aggression. Responding to every incident can be draining and demoralizing, and even hurt our careers and well-being. Rather, discerning when and how to address micro- aggressions based on the relationships, feelings and perceptions involved can be way more effective.
2- If and when confronting it, preparing oneself and the other party to experience feelings of awkwardness and discomfort can make the communication more effective. Let’s remember that many incidences of micro-aggressions stem from ignorance, as well as lack of boundaries and appropriate education on the subject. This can make confronting the issue at hand not only necessary, but part of a larger educational process we should all engage in. However, it’s certainly an uncomfortable, awkward and even at times painful one. Mentally preparing to face the discomfort and awkwardness of such situations can ease the process.
3- Clarify the situation: Ensuring that all parties understand what’s at stake can help make the conversation and resolution more powerful and the positive effects more long-lasting too. There are many misunderstandings that can be involved in micro-aggressions, due to their subjective and personal nature. Clarifying the situation and understanding of it from all parties involved is a crucial step in addressing it constructively.
4- Last but not least, get some closure by deciding what impact this will have on your life and work. Often we carry the weight of micro-aggressions with us too long instead of addressing them and healing from them. As a result, this often invisible and crushing weight hinders our potential and capabilities, in addition to hurting our mental and emotional state. Deciding what impact we are willing to give micro-aggressions, and how to deal with getting the closure needed is absolutely indispensable. For some, it may mean engaging in service, healing through therapy, or looking for safer spaces and networks.
Overall, dealing with micro-aggressions at work is a process. By deciding how much time and energy to devote to these, mentally preparing for the awkwardness of confrontation, and striving to clarify the situation and get closure, we can not only heal but also constructively educate ourselves and others.
