It's late May, and it means many colleges and universities are
going through, if not already completed, graduation ceremonies. There are a bevy of commencement speeches out
there are both humorous and enlightening. Similarly, you are likely to read several
posts from students excited about new opportunities and ready to take on the
world. I wish I could match their floridness and
paint an optimistic picture. I’m angry, frustrated, and worried.
The economy over the past 3-4 years has left some lasting
damage. The Class of 2012 has seen their slightly older peers have difficulty
finding meaningful employment in their chosen field of study. They have witnessed their parents suffer stagnating
or decreased wages. With voluntary turnover low, students graduating in 2012
will have a more difficult time advancing in their careers than in previous
years. This will have a significant
impact on future earnings. Working in a temporary position with little
opportunity for advancement, a smaller salary, and limited benefits will be as
much as $50,000 that that graduate will never earn back. Long-term, this is income that will not be
invested toward savings and retirement.
Even worse is the psychological effect that accompanies this
trend. In my HR seminar several weeks ago, the class and I were having a
discussion about wants and expectations about work and the workplace. I was struck by how little demands they
expected to be fulfilled. The new normal is that many do not expect to find a
well-compensated career in their chosen field.
Peers who find a job in their major are treated with reverence. Further, they are likely to view employer
mistreatment as tolerable. It was not
uncommon to hear students respond to minor cases of sexual harassment or
discrimination with “hey, they are lucky to have a job.” Further, in Wisconsin,
the majority of students responded to Gov. Scott Walker’s assault on school
teachers’ collective bargaining rights and shift of health care costs with
indifference or applause, despite the fact that teachers traded increased
salaries for better benefits. Students were
more likely to demand rights be taken away then demand for stronger rights for
employees across all employers.
As passionate as the class of 2012 is about human resources,
or whatever major they chose, it is getting to a point where they are not
expecting this situation to improve. A
common complaint I’ve heard about college graduates over the last several years
is the lack of “soft skills” that they possess. As tenure in one’s first job shrinks to less than 18 months, students
will find it difficult to gain the political skills required to navigate the
organization successfully. Moving back
home and living with one’s parents further retards the maturation needed to be
a successful adult.
In the 1960s, Martin Seligman
developed the concept of “learned helplessness;” which David Myers refined to
be “the hopelessness and resignation learned when a human or animal perceives
no control over repeated bad events.“ I
fear this sense of fatalism amongst those graduating, and concerned about the
long-term impact on the workplace for years to come. Class of 2012, you deserve better!
Fortunately, there are signs that things are changing. On the economic side, things are
improving. According to the NACE 2012
Student Survey, not only is this graduating class outpacing their 2011 peers in
terms of applying for a job with one already in hand, a greater number is also
receiving more than one job offer. Similarly, a new study by Millennial Branding indicates that students
with post-high school degrees are the most likely.
On the emotional side, the solution lies with
awareness. Students who feel like giving
up should seek opportunities where they can be successful, no matter how
small. Perhaps this means simply an
internship or two in a chosen field. Further, seek out a mentor, or contact your career services office;
individuals there can help identify and respond to causes of success or
failure. Finally, do the legwork and
really research the companies to which they are applying. Know more about them then they know about
you.
Class of 2012, you deserve better! But, there is hope on the horizon.
Matthew Stollak is an
Associate Professor of Business Administration at St. Norbert College in Wisconsin.
Along with this he's a long time volunteer with the Society for Human Resource
Management (SHRM) . His most current role is Social Media Director for the
Wisconsin SHRM State Council. You can connect with Matthew on his blog, True Faith HR, on LinkedIn, or Twitter.
Looking at the The concept of locus of control combined with intrinsic motivation may provide some help to those feeling overwhelmed by the idea that the 'dream' or 'promise' of ones educational focus may be delayed or need to be adapted.
ReplyDeleteAs a member of the class of 2012, Matthew's post really resonated with me. Most of my fellow classmates are moving back in with their parents and facing a 6 month long job search. I would add to Matthew's post by saying that working for free for 6+ months at an unpaid internship is my generation's response to "learned helplessness."
ReplyDeleteJonathan Lau
Biz Dev
InternMatch
I'm a recent graduate and I have friends that moved home right out of school and are still without jobs. Some of them believe the only way they can find a job is to go back to school, however, I firmly believe that what they really need is experience - no matter how they get it. Whether it's a part-time job, an unpaid internship, or volunteering, you need to do SOMETHING.
ReplyDeleteThese days, if you want to find a job, you need to be one step ahead of the competition - and there's a lot of competition. It can make for a little stress and a lot of work, but it pays off. It did for me!