by Michele O’Connor

This is a great article in the Wall Street Journal by Ron Alsop, author of “The Trophy Kids Grow Up.” In this article, Ron describes the workplace attitudes of a new crop of young people in the workforce - the millennials.

With Wall Street in turmoil and a financial system in crisis mode, companies are facing another major challenge: figuring out how to manage a new crop of young people in the workforce — Generation Y or the “millennial generation.” These millennials were coddled by their parents and nurtured with a strong sense of entitlement. Read more at http://online.wsj.com/article/SB122455219391652725.html

About GoliathJobs & JobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect job seekers to employers via schools & alma maters. GoliathJobs creates partnerships with schools throughout North America which serve as liaisons. This model delivers a powerful career service edge to schools at no charge, a competitive edge to job seekers and high-quality results to employers.

JobsOver50.com, launching soon, is a dedicated employment portal for baby boomers & retirees built on the same platform.

By David Mezzapelle

This summer I had written a lecture for the University of Connecticut School of Business Recruiter’s Summit. I would like to present some highlights of that in conjunction with the recent Wall Street Journal articles on Generation Y titled “A Perfect Match” and “The Trophy Kids Go to Work.”

First, I want to point out some generational terms:

1. Silent Generation: 1925 - 1942
2. Baby Boomer Generation: 1946 – 1964
3. Generation X or “Baby Bust Generation”: 1965 – 1982
4. Generation Y or “Millennials”: 1983 – 1994
5. The GI Generation or “The Greatest Generation” as Tom Brokaw put it: 1901 – 1924

Based on market studies it has been identified that Generation X is hard working and semi-loyal to employers meaning that they will change jobs every 5 years in hopes of improving their career. They have a continuous drive to excel and compete. Entrepreneurial spirit is quite evident in this segment. This generation is also prone to overworking and not taking the necessary breaks needed to clear their head. Their parents, who consisted mostly of the silent generation, were much more loyal to 1 employer for an extended period. They dreamed of climbing the corporate ladder and achieving maximum wealth and retirement.

Generation Y is more fickle then Generation X when it comes to employment. They will move around to different jobs more frequently. Some studies show 1-2 years while others show 3. If they work in an environment that is not to their liking, they will consider changing employers without hesitation. Green, eco-friendly and life-balance are more important. Most Generation Ys were raised by baby boomers.

According to the Wall Street Journal and Michigan State University, “There is another impulse behind this generation’s embrace of nontraditional postgraduate employment: a simple desire to change the world. There is a significant segment of this population that really wants to make a difference.” Altruism has a major effect on Generation Y and is driving them toward public service and civic-minded careers.

Employers need to keep this in mind when hiring into these segments. As the global workforce gets older, traditional ideas about candidate sourcing needs to evolve quickly. The familiar model of career development, young people moving ahead in their careers at the same company, is no longer applicable today.

SO WHO’S THE BOSS?
Clearly there is a paradigm shift. Employees are no longer working for employers. Employers are actually working for employees at least in terms of attracting, hiring and retaining.

As loyalties continue to shift so must our leadership skills. Management is now working with employees who question authority where discipline was the only option in the past. So, how do we keep this diverse group committed to the job while respecting their differences?

Read the entire GoliathJobs lecture at http://goliathjobs.com/uploads/RecruiterSummitLecture.pdf

Shelly Banjo at the Wall Street Journal wrote a great article on this topic. Here is a link: http://online.wsj.com/article/SB122349051178416069.html

Ron Alsop, author of “The Trophy Kids Grow Up,” also contributed to the Wall Street Journal in an article titled “The Trophy Kids Go to Work.” Click here to read this fantastic article: http://online.wsj.com/article/SB122455219391652725.html.

About GoliathJobs & JobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect job seekers to employers via schools & alma maters. GoliathJobs creates partnerships with schools throughout North America which serve as liaisons. This model delivers a powerful career service edge to schools at no charge, a competitive edge to job seekers and high-quality results to employers.

JobsOver50.com, launching soon, is a dedicated employment portal for baby boomers & retirees built on the same platform.

By Jennifer Porter

Here is a recent article on this great topic:

Rick Fecteau runs a chain of automobile dealerships in New Hampshire & Massachusetts. One would think that his dealerships are suffering like many other dealerships during this tough economic time. However, there is a light at the end of the tunnel that is causing his business to hold it’s own and even improve - the availability of top performers from other dealerships that lost their jobs.

Instead of waiting around for the market to turnaround, Rick has taken a proactive stance and has been hiring top talent from other dealerships that have closed. “It would normally be impossible to get these people to leave their old jobs and join other dealerships,” says Rick Fecteau of Port City Nissan/Suzuki & Amesbury Chevrolet. New hires include managers, salesmen, technicians, etc. Once the economy gets back on track, Rick will reap the benefits of hiring talent at this stage. Consider it “Contrarian Hiring.”

GoliathJobs, a popular job board that caters to students, alumni and 50+ job seekers, is seeing these same trends. “Job seekers are certainly registering on the site in massive numbers but we are also seeing employers world-wide using this opportunity to hire the best talent that would normally be hard to source,” says David Mezzapelle, Director of Marketing & Development.

About GoliathJobs & JobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect job seekers to employers via schools & alma maters. GoliathJobs creates partnerships with schools throughout North America which serve as liaisons between job seekers & employers. This model delivers a powerful career service edge to schools at no charge, a competitive edge to job seekers and high-quality results to employers.

JobsOver50, launching soon, is a dedicated employment portal for baby boomers & retirees.

by Michele O’Connor

This is a widespread issue and one of the safety benefits we promote at GoliathJobs.

According to Jim Pawlik, career author and writer of “Job-seeker beware: Online job searches could put your resume in wrong ‘in’ box,” many organizations are going out of their way to steal and distribute email addresses. Pulling emails off of public resumes is one of the ways they are doing it. Most online boards do a poor job of protecting job seeker information, including email addresses.

On our sites, GoliathJobs.com and JobsOver50.com, all communications take place within the myMessage center. No one has access to public email and no web-spiders can penetrate our walls. This avoids spam and protects the job seekers & employers that use our site. In addition, all employers are verified when they register with us. Only verified employers can view resumes. This ensures job seekers that their resume content is being read by bonafide, ethical employers.

About GoliathJobs & JobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect employers to active & passive job seekers via schools, alma maters, professional associations, social networks & other job boards. JobsOver50, launching soon, is a dedicated employment portal for baby boomers & retirees.

By Jennifer Porter

According to AARP, “The Best Employers for Workers Over 50 is an annual recognition program that awards companies and organizations whose best practices and policies for addressing the issues affecting our aging labor force create roadmaps for the workplaces of tomorrow.”

The entire list is available at: http://www.aarp.org/money/work/best_employers/Best_Employer_Winners/

You can read the entire article at:
http://jobs.aol.com/article/_a/aarps-best-employers-for-workers-over-50/20080924152009990001?ncid=AOLCOMMjobsDYNLprim0001&icid=100214839×1210429077x1200580509

About GoliathJobs & JobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect employers to active & passive job seekers via schools, alma maters, professional associations, social networks & other job boards. JobsOver50, launching soon, is a dedicated employment portal for baby boomers & retirees.

By David Mezzapelle

The economic crisis is plastered all over the news. This is nothing new. What I find interesting is the fear that again causes people to “buy high and sell low.”

Many people were hurt in the technology crash earlier this decade and many people were hurt in the recent real estate downturn. Over & over again people get nervous and dump assets (stocks, real estate, etc) in down markets. For some, I understand their need for capital. But for many, the sales are sparked by fear. I wish more people could relax and take a contrarian viewpoint.

I read a recent article in the Wall Street Journal about young people getting cold feet on investing. That is understandable because the media paints a horrible doomsday picture.  This is scaring the younger generations that just graduated from college and are starting to earn a living. These same people need to take the time to look at value investing and take some advice from people like Warren Buffet and many others that see opportunity, not doom.

Take a look at many of the bluechip companies that were affected in this economic downturn. Dividends, yields and sheer price offer young people tremoundous opportunity to kick-start their investments and build a nestegg of safe investments purchased at rock-bottom prices.

Good luck, don’t worry, and be a contrarian.

About GoliathJobs & JobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect job seekers to employers via schools & alma maters. GoliathJobs creates partnerships with schools throughout North America which serve as liaisons. This model delivers a powerful career service edge to schools at no charge, a competitive edge to job seekers and high-quality results to employers.

JobsOver50.com, launching soon, is a dedicated employment portal for baby boomers & retirees built on the same platform.

by David Eisner

The Wall Street Journal wrote an article about strategies to keep cash stowed away and still be protected by the FDIC.

“As the financial system reels from one disaster after another, financial planners, estate planners and bank officials say they’ve been receiving calls from panicked savers concerned about the safety of their deposits. The Federal Deposit Insurance Corp. guarantees bank deposits up to $100,000 per person, per insured institution. But what if you have a lot more cash than that?” asks Jane Kim of The Wall Street Journal.

Protecting Your Savings
Savers with big balances have options to make sure their deposits are fully insured:

-Use the FDIC’s EDIE the Estimator program (www.fdic.gov/edie) to determine if your deposits are within coverage limits.
-Buy CDs through brokerages or deposit-placement services, which can quickly disperse money across different firms.

Read more about this at: http://online.wsj.com/article/SB122169783324750379.html

About GoliathJobs & JobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect employers to active & passive job seekers via schools, alma maters, professional associations, social networks & other job boards. JobsOver50, launching soon, is a dedicated employment portal for baby boomers & retirees.

by Michele O’Connor

“If the economy has affected your employment prospects, consider applying your skills in a new industry,” says Chandlee Bryan of the Wall Street Journal.

This writer touches on a key point that is taking place throughout the country. People are starting to realize that they need to look at different industries and possible training if they wish to remain active in the workforce. Fortunately, many of the skills we learn in one industry (i.e. marketing, accounting, management, etc) can be applied to different industries with some tweaking.

Don’t be afraid to make a switch. And try to highlight your previous talents when speaking with potential employers and headhunters. These are assets and use them to your advantage.

Read her entire article at:
http://online.wsj.com/article/SB122213453826766057.html?mod=djemCJ

About GoliathJobs & GoliathJobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect employers to active & passive job seekers via schools, alma maters, professional associations, social networks & other job boards. GoliathJobsOver50, launching soon, is a dedicated employment portal for baby boomers & retirees.

By Jennifer Porter

We’ve all attended school in some form - high School, college, grad school, tech school, etc. Our underlying education, or training, may have been to learn the English language. Or maybe it was public speaking, finance, history or healthcare.

Education is the basis of many of our talents and skills.

During these tough economic times, and periods of intense layoffs & downsizing, people should feel comfortable freshening up their talents/skills. Maybe it is time to switch gears into other areas and start a new learning curve. If you lost your job as a financial advisor on Wall Street, maybe consider an accounting or finance job in a different industry such as biotech, insurance, healthcare, etc. You can always visit your alma mater (or other educational facilities in your area) to hone in on those skills or take the courses you may need. You can also look to your old career service center for up-to-date pointers on resume writing, interviewing and job search techniques.

“Employment Starts with Education” is also the underlying theme at GoliathJobs.com & GoliathJobsover50.com, dedicated employment portals that connect job seekers to employers via schools & alma maters.

About GoliathJobs & GoliathJobsOver50:
GoliathJobs is a free web-based employment service for students & alumni. We connect employers to active & passive job seekers via schools, alma maters, professional associations, social networks & other job boards. GoliathJobsOver50, launching soon, is a dedicated employment portal for baby boomers & retirees.