What’s an Unpaid Internship Worth Anyway?
With all the attention being paid in the last week to the value of unpaid internships, NACE, the National Association of Colleges and Employers set about to determine what the relative value of each is. Read the rest of this entry »
Tags: career choice, Careers, job creation, job seekers, National Association of Colleges and Employers
The Beginning of the End of Unpaid Internships?
The ruling of a solemn federal district judge may herald the end of what some consider the objectionable practice of unpaid internships.
The decision by Judge William H. Pauley III ruled that Fox Searchlight, the movie studio responsible for Beasts of the Southern Wild, The Best Exotic Marigold Hotel and Descendants had erred in its decision not to pay two interns on the set of the movie “Black Swan.” They were essentially regular employees. Read the rest of this entry »
Tags: Careers, job creation, New York Times
Peter Cappelli and Why Good People Can’t Get Jobs
Longtime readers of this blog will recognize Peter Cappelli. He was interviewed here in December 2010.. And now he’s back with a new book called Why Good People Can’t Get Jobs. Read the rest of this entry »
The Era of the Independent Worker
Within the last few weeks new stories have been appearing about the temp workforce.
Jody Greenstone Miller and Matt Miller have a piece about the The Rise of the SuperTemp in the May issue of the Harvard Business Review. Ms. Greenstone Miller runs the Business Talent Group which places well-pedigreeed consultants in short term assignments. Matt Miller is best known as a commentator and writer.
In a recent Preoccupations in The New York Times Sunday Business section Alexandra Levit who identifies herself as a generational workplace consultant and author wrote about the new staying power of independent workers.
Certainly temporary work is not new. As the country emerged from the dot.com bust in 2004 I wrote a story in The New York Times entitled Your Next Boss Could Be a Temp. Then it was an emerging trend, now it is a universal one.
And, its a universal trend that has wide-ranging consequences for the independent workers and those who manage them. It will have implications for how managers are perceived, compensated and evaluated for promotions. In the coming weeks we’ll examine what those are and what they mean to companies, managers and the independent workers themselves.
The Case for Promoting from Within
According to Matthew Bidwell an assistant professor of management at Wharton, external hires are paid more and perform less well than internal candidates. A summary of his findings are here at the Knowledge at Wharton website. Read the rest of this entry »
Tags: employee attitudes, job creation
The Start-Up of You
Released only yesterday, The Start-Up of You by Reid Hoffman and Ben Casnocha has already skyrocked to number four of the top 100 books on amazon.com. What holds the top three slots? Even a roadmap for personal entrepreneurship and career advancement is no match for the Hunger Games trilogy. Read the rest of this entry »
College Majors, Starting Salaries and Job Growth
The National Association for Colleges and Employers recently released a report that shows job growth and starting salaries by major. Salaries increased the most for business and computer science majors and barely budged in math and sciences. What does this say about the presumed shortages STEM professions (Science, Technology, Engineering, Math.)
Separately, the Bureau of Labor Statistics released data last week about job growth between 2010-2020 and anticipates much of the growth will be in health professions and education. And the report gives credence to education beyond a B.A. or B.S. with jobs requiring a Master’s degree are expected to grow over 21% faster than for any other education category.
Tags: Careers, college graduates, job creation
Bouncing Back From Fiscal Adversity
This week’s Newsday carries the story of Kathleen King, founder of Tate’s Bake Shop in Southampton, New York. Eager to expand early in the last decade she entered into a partnership that soured. Reaching a court settlement she lost the use of her name on the business, mortgaged the store that housed the bakery and put her home up for sale. Read the rest of this entry »
Tags: job creation
Jeffrey Immelt GE CEO and Jobs Czar
On Sunday night Lesley Stahl interviewed Jeffrey Immelt, the CEO of GE on 6o Minutes. It was a wide ranging interview that touched on jobs creation, corporate taxes, and the increasingly international stance of many U.S. corporations. Read the rest of this entry »
Tags: 60 Minutes, corporate executives, GE, Jeffrey Immelt, job creation, leadership, Lesley Stahl, management
Contests for Fledgling Entrepreneurs
The jobs numbers were released on Friday and showed unemployment inched up again.
With job offering few, some job seekers are turning to entrepreneurship and are entering contests. Here are two.
Daily Candy is sponsoring their Start Small Go Big Contest.
The Peter Drucker Challenge 2011 is seeking essays from entrepreneurs younger than 35.
Tags: job creation