Young folks actually take parents to job interviews
They even ask Mom and Dad to sit in on tryouts, and some companies think it's a good idea.
Roughly 80% plan on ditching their current jobs once a better one comes along. Many unrealistically expect their baby boomer bosses to be cool with their visible tattoos. Many will successfully put off adulthood until their early 30s.
There are socioeconomic explanations for all of the above, but millennials aren't exactly shaking their stereotypical identity as entitled, bubble-born bed-wetters being helicoptered by their parents from one station in life to the next. Especially when 8% of them are bringing said parents on job interviews.
According to The Wall Street Journal, a survey by Adecco says that not only did parents sit in on interviews, but 3% of young job seekers kept them around during job tryouts. For a generation whose parents took them to work and have since returned the favor with "Take Your Parents To Work" days, it's only fortifying their reputation as a coddled collective.
Though economic reality suggests that reputation is more than a bit undeserved. More than 26% of millennials are unemployed, thanks to the last recession. They're more than willing to work, which is why more than 284,000 college grads are earning minimum wage. Many others are making less money or doing time at Starbucks (SBUX) or Wal-Mart (WMT) in exchange for college credits.
Millennials are generally defined as those born between the early 1980s and 2000, though experts differ on the exact time frame.
The Center For College Affordability and Productivity reported that nearly half of the college graduates from the class of 2010 are working in jobs that don't require a bachelor's degree. A full 38% have taken gigs that don't even require a high school education. According to The Associated Press, that has dropped the median wage for college graduates significantly since 2000 -- just as those same graduates are getting crushed by record-high tuition and debt.
Who wouldn't need a hug from mom and dad after that? Besides, millennials shouldn't bear all the blame for this recent, overprotective development. The Journal found that some Northwestern Mutual managers call or send notes to parents when interns achieve their sales goals and let parents come along to interviews and hear details of job offers. Those same managers say it makes parents more supportive of their child's career choice and has boosted the company's sales benchmark 40% since 2007.
If companies were overwhelmingly concerned about parental influence, perhaps 13% of them wouldn't hire employees based on parental connections, as was the case in the Adecco survey.
I think this correlates with the disappearance of 'critical thinking' in our culture. Children who have strong parental bonds are pretty lucky these days. Having said that, if parents aren't teaching independence and are coddling them throughout their formation to adulthood, then they will be less than desireable in some professions. It's not difficult to tell the difference between those who've been coddled and those who have been challenged to learn and think for themselves. I can't afford to hire the coddled because babysitting adults at the workplace isn't efficient.
When my oldest daughter turned 16 my husband pulled into a store parking lot for a store that was opening up in our area. He told her to get out of the car. "What for?" she replied. "Your going to go into the store, fill out an application and get a job." he said. So she did.
The lesson here is that at 16 she was prepared to go out on her own. Job interviews after college? Give me a break!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The major averages finished the Tuesday session near their lows with the Russell 2000 (-1.0%) leading the slide. The S&P 500 lost 0.5% with nine sectors ending in the red.
Equities indices started the day with modest gains and spent the first two hours of action in the neighborhood of their flat lines. Although the early trade lacked clear sector leadership, that could have been overlooked due to the strength among heavily-weighted sectors like health care (-0.3%), ... More
More Market News
The apparel chain takes a hard hit after blaming the weather for its quarterly sales decline. But cold temperatures don't explain the drop in full-year sales as well.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'