Wednesday, November 17, 2010

"adjusting aspirations to reality"

I was in a corporate meeting on Friday and I had to bite my tongue.  The company (a small company of 20 to 30 full time employees) has started working on building up the Marketing and Advertising department.  To my amazement, a student intern in the meeting spent her entire day on the internet talking to friends on facebook.  The company has wanted to hire this young lady upon her graduation and here she is, getting paid to sit in a meeting, and she is getting on the job training.  Senior partners are in this meeting and being entirely transparent about the company financials, about issues with professionalism, and so on.  Sure, she could argue it doesn't apply to her or she could listen and find out what matters to the people who want to hire her.

I see this a lot with the kids coming out of "good colleges" they pay a ton of money for school (or their parents did) and they have a slack work ethic and an attitude that they are "owed."  If someone were to look at the work force at this small company, people under 30 in particular, there are more employees without college degrees than with them.  Why?  The kids without the degree are more willing to work, to apply themselves, and they have less of an entitlement issue.

I cam across this interesting article:

Middle Class in Crisis: America Needs a Reality Check, Gary Shilling Says link here

"Whether I add any value or not" is an issue says Gary Shilling.  People feel entitled and need to realign their aspirations with reality and consider whether a college education is really for them.

From the article:
This dire situation is not likely to get better any time soon, says Gary Shilling, president of A. Gary Shilling & Co, who predicts a prolonged period of slow economic growth and high unemployment. Even when thing do start to look up, “people are going to have to be much more realistic about their income levels.”
Shilling believes there will be jobs, but says, “People are going to have to work very hard to get trained and educated for jobs that do exist.”
To that point, in his latest newsletter he makes the argument that a college degree is not for everyone, nor should you expect a degree to yield you a certain level of income.
“Wouldn’t many be better off learning a skilled trade rather than facing bleak job prospects and lifetime student loan repayments after graduating from lesser institutions?,” he writes.
Shilling, author of a new book "The Age of Deleveraging", is optimistic and believes that America is “still the land of opportunity” where the American dream can be achieved.  But first, he says, Americans need to “align themselves with reality” and become comfortable with the fact that things are not going to be the same as during the "salad days" of the 1980s and 1990s.

taken from: Yahoo, Posted Nov 15, 2010 12:59pm EST by Stacy Curtin in Recession

1 comment:

Meg said...

Completely agree. In the culinary and baking programs at my community college, the top students are the ones that are a little older or in some cases, much older. We all put our heads down and work, don't chit chat during class, and when it comes to clean up, we're all over it first and do what's needed. In some cases, some of us already have degrees from other schools and we're coming back to make a career change. In other cases, they don't have degrees already. The younger kids are the ones who screw around, complain, don't pull their weight, etc. Hopefully one day they'll get it.