📥 Your Future of Work Digest #7

🤝 Looking for a job? Ask your ‘weak’ friends, not your ‘strong’ friends

A recent study by Marian-Andrei Rizoiu (Senior Lecturer In Behavioral Data Science at the University of Technology Sydney) took job searching analytics to understand which types of friendships/connections on Linkedin helped most in finding and securing new job opportunities. The findings:

Recommender engines have significant influence on connections - Not a surprise: Users who were recommended more weak links formed significantly more weak links, and users who were recommended more strong links formed more strong links.

Moderately weak ties are more than twice as effective as strong ties in helping a job-seeker join a new employer. What’s a “moderately” weak tie? The study found job transmission is most likely from acquaintances with whom you share about 10 mutual friends and rarely interact.

Weak ties varied by industry -Whereas weak ties increased job mobility in more digital industries, strong ties increased job mobility in less digital industries.

💸 Salaries in Job Listings - now becoming mandatory

California is joining New York City, Colorado, and Washington in requiring employers to disclose pay ranges in job ads.

Under the law, employers with 15 or more workers will be required to include pay ranges in job postings, and those with 100 or more employees or contractors will have to report median and mean hourly pay rates by job category and “each combination of race, ethnicity, and sex.”

Only a matter of time before this becomes a world-wide norm, with already some websites taking this at heart of their service (all of which I wrote up in this article: ‘How to negotiate your job offer and find salary information’)

👩‍🏫 web3 will Revolutionize Education too

More and more student organizations are setting up their ‘blockchain’ communities.

Students vote on-chain learn by getting “first hand experience on how the space works,” says Jamin Feng, head of the governance department for Lions DAO, Columbia’s student blockchain organization. By voting and being informed about voting, students get to learn how these protocols work.

They can also gain developer experience since creating governance proposals requires writing code.

“You get to see the developments on the ground level” and “basically be part of the conversation for the major catalysts for DeFi,” said Feng.

Credentials - In a Web3 environment powered by the blockchain, there will be no single custodian of credentials. Through group projects, internships, peer-to-peer mentoring and college courses, learners will develop portfolio, ‘proof-of-work’. The system will display micro-credentials, NFTs, awards, prizes, research papers and experience papers on something like a digital learning passport. Certificates/degrees will be securely stored and authenticated on the blockchain, making them immutable.

Earning Potential - Web 3.0 will provide also ‘pay-as-you-learn’. The use of technology will encourage the creativity of students and provide a platform to showcase it.

👩‍🎨 Putting web3 to work for Creators

As creators set out to leverage the next generation of the web, the key will be to choose a platform that allows full control over content and revenue. A good example of a decentralized NFT marketplace is Rarible. With Rarible, you can add the wallets of collaborators to the smart contract and split royalties from future sales between them. That way, everyone gets paid transparently and fairly. Another model worth considering is Rally—with this platform, creators can launch their own creator coins and share royalties with fans and investors who support them along the way.

Decentralized social platforms such as Mastodon (think of web3 Twitter) and Diaspora give fans more control of their favorite content. With these platforms, creators can monetize by earning money from their fans, not advertisers. Fans invest in their favorite creators and every account has a monetary value that can go up or down. In addition, what’s owned on these platforms goes with holders from platform to platform.