If you are one of the fortunate ones that still is working today where and when will it end? That’s the million dollar question everyone needs to ask. The way I see it is that you are on borrowed time when it comes to a job. I know it only happens to the other guy but I have met a lot of other guys!
What we are seeing is that companies are investing in college work study programs. Instead of getting cheap help they are actually training them and finding something exciting for them to do so when they graduate they will go back and work for them. Another thing that they are trying to do is to keep the talent from leaving every few years by offering them new opportunities in house. Studies have shown that a new graduate will keep their first job for 2-3 years before moving on for a better opportunity. For a company to invest in a new grad just to prepare them for their competition has not been a good thing.
We all keep reading about layoff’s and the one’s that are being let go tend to be the “seasoned” employee. What I see as a recruiter is that employers hire the “newer to work force” talent and not the “seasoned” talent. The cutoff is around 12-15 years of experience. After that good luck! Now I’m not saying you can’t get a job but what I am saying is that your career is now going downhill. I see job candidates who were making $120k apply for jobs offering $65k and not getting an offer. Will companies stop laying off workers that have been through their programs that are now “seasoned”? Will the job candidate still be left in the same position as today’s “seasoned” worker?
The generation before me was all about loyalty and most people worked for the same company for most of their career. Retirement package was a big part of that but today they do not exist! 401K RIGHT! You will be lucky if you have any money left in it by the time you retire.
Do most people really have an idea where they are heading? Are the problems we all face solvable? America has always bounced back right? Is bouncing back even possible?
MELT UP This video is very educational.