How IFFCOYuva Is Changing the Way You Search Jobs Online

IFFCO, known as Indian Farmers Fertiliser Cooperative, is the largest co-operative in the world which often engages in initiatives that can help take India further on its path to development. Working across several verticals including fertilizers and general insurance, the organization is now on a mission to improve employment prospects for the Indian population.

IFFCOYuva, an online job search portal in India, is the initiative undertaken by IFFCO in that direction.

IFFCOYuva in Brief

India is a country where a major portion of the population consists of young people. This makes the “quality of workforce” one of the strongest points of India as a country. To allow the country to leverage this, and assist the nation’s youth in securing employment, IFFCO has introduced IFFCOYuva, an online job portal.

IFFCOYuva has a clear understanding of the fact that several factors need to work in tandem for a country to enhance its employment rates. And this is exactly what sets IFFCOYuva apart from other job search portals in India.

The Objective At Hand Is Clear.

Created in line with the government’s initiative of digitizing India, IFFCOYuva presents an assortment of job opportunities across various small to big cities in the nation. However, there’s a lot more that job seekers can find out and benefit from, once they visit the website.

Prime among the aspects that make IFFCOYuva, an online job portal, different from others in the nation, are: –

New and Promising Job Opportunities

At IFFCOYuva, job seekers can find job in companies in different industries. This multitude usually consists of all sorts of firms, ranging from well-established names to innovative and promising start-ups. Other than that, one can also find job postings by government departments and agencies on this job portal.  

Free Skill-Enhancement Options

To help prepare job seekers meet different job requirements, IFFCOYuva offers modules for skill development. These modules are offered across different professional categories, from fitters to managers, and are created in a MCQ-format (multiple choice questions) for easy learning. What makes these modules even better is that job seekers can avail them for free.  

Job Seekers Can Take Assessments For Free

Preparing for a job interview takes time, effort and aptitude. Therefore, besides learning, IFFCOYuva also offers free practice test papers to candidates to help them with preparations and self-assessments. There are three levels to these tests, and candidates are free to select between timing their tests or not. Apart from preparatory tests, there are certification assessments as well, clearing which can help individuals gain a certification in their specific fields.

Employers Can Post Jobs For Free

Even organizations and agencies get to benefit from the services of IFFCOYuva. Unlike other job portals in India, IFFCOYuva offers job posting services to employers, completely free of charge. These free services give well-known firms a boost to keep posting jobs on this website, and also help newly established or micro-firms save money on job postings.

There’s Another Reason for Jobseekers to Prefer IFFCOYuva

In addition to the above, both job seekers and employers benefit from reliable and quality services with IFFCOYuva. IFFCO is a name that is well-recognized throughout India and abroad for its quality services and innovations. The organization has the same on offer in the form of its new and fortifying initiative, IFFCOYuva.

Conclusively, these features, coupled with the user-friendly interface of our online job portal, helps ensure that IFFCOYuva is accessible to one and all. We believe it is a step that can go a long way in helping address the skill gap, and foster employment opportunities for the Indian youth for the years to come.  

 

Advertisements

The Truth About AIs Impact on Jobs

By Allan Leinwand, CTO, ServiceNow                  

According to a recent report from PwC, AI is expected to raise the global GDP, in 2030, by 14% (approximately US$15.7 trillion). That being said, AI is seen by many as being either a hero or a villain. On one hand, AI is currently driving nearly every CIO’s agenda because it intelligently automates work processes, making it possible to do things that have never been done before. But on the other, many workers are scared of the rise of AI as they believe it is rising from humble beginnings to become a villain that will steal their jobs.

The truth is that some jobs will be lost, but many more will be created. It is important to understand that fundamentally, AI is not strong at creative, interpersonal or physical work. It will be used for “decision support, not decision making.” So lets debunk a few myths.

Reduce and Simplify

As workers, we want to use automation to get our jobs done. AI will free us from having to spend long hours analyzing data and invest that time in achieving a better work-life balance.

Information technology, manufacturing, financial services and human resources will all see significant improvement and productivity gains because of AI. These industries have many repetitive tasks that can be easily automated, helping workers become more productive. For example, AI can streamline the onboarding process of a new employee. It can alert HR when background checks are completed, and aid them with the creation of benefits packages and employment contracts. It can help IT order and provision new equipment. Similarly, it can help the employee complete and send tax forms and direct deposit information to finance.

The Mundane

Workers want to move to more meaningful roles. In fact, according to the Society of Human Resource Professionals, workers, particularly Millennials, want to “create outcomes within meaningful projects and may become impatient with mundane tasks.” AI can automate the more mundane tasks allowing for new jobs to be created that are more fulfilling, strategic and meaningful. AI can help workers be more productive and efficient at their jobs, while learning new skills. In addition, AI can help workers become better organized, reducing stressors, improving productivity and overall job satisfaction.

Financial compliance is a great example of this. Until recently, the creation of expense reports and review of submitted expenses was a very manual, mundane process requiring hours and hours of review. In the cases of expense report review, only a sample of expense reports could be reviewed in order to hopefully identify some patterns of fraud in submissions. Now, not only can AI generate the invoices, but it can sort through the hundreds of expense reports, invoices and other transactions and  identify potential areas of fraud, waste and mistakes by employees, vendors and others for humans to further investigate, saving their companies billions of dollars each year.

Customer Satisfaction

The idea behind AI is to create more satisfied customers. Because workers can focus more on the interpersonal and creative parts of their jobs rather than the more mundane, they will treat customers better. In customer support cases, this will be done by employing AI to identify and provide a solution for the issue and utilizing a human who can react to nuances for interpersonal communications. Customers will develop loyalty because their needs are met and issues are resolved quicker, more efficiently and with a personal touch.

Let me give you an example. Years ago, many companies implemented phone trees to help route support calls more efficiently. All of us have been frustrated to get to the end of the menu realizing that we must press “star” in order to go back to the previous menu in order to talk to the right person. While this is automated support, it didn’t employ a combination of people and AI to do so. Rather than having to press the right button to move forward, imagine answering a few questions at the beginning of the call describing what the issue is or what you want to accomplish, and immediately being routed to the correct person (yes, person) who will help you or to the right menu telling you store hours. This will speed up support, improve loyalty and create better satisfaction for customers.

Convenience

One of the biggest benefits of AI is the convenience to customers. AI allows nearly every aspect of business to occur faster, from identifying and fixing support issues so that workers don’t have to drive into the office on weekends to fix a server, to providing more accessibility to information, services and more.

As an example, there seem to be ATMs on nearly every corner in most major cities and more bank branch locations than ever before. However, bank teller jobs have not been eliminated because of the rise of ATM machines. Yes, there may be less tellers in general, but their jobs are more valuable to customers and their employers. When one walks into a branch at a bank, there are dozens of workers providing better value-added services with shorter lines helping customers to be more satisfied with the convenient service provided. More than likely the work these employees do have higher margins, enabling them to make more money for both themselves and their local branches.


Allan Leinwand - CTO - ServiceNow
Allan Leinwand, Chief Technology Officer, ServiceNow

In summary, while AI might result in loss of certain jobs, it is more likely that the amount of work each worker will need to complete will be reduced and simplified rather than eliminated. Employees will feel more satisfaction in what they do because they can focus less on the mundane and more on the strategic. Customer satisfaction will increase because customers will have more human interactions, faster, with people who know how to resolve issues they have. In addition, customers will have more convenience than ever before.

 

5 Contract Careers That Were Non-Existential Just 5 Years Ago

5 Contract Careers That Were Non-Existential Just 5 Years Ago

Last year in December, whilst I was reflecting on the future of careers and jobs, I wrote this article focused on the most exciting career paths of 2017. So now as we are half way through, I wanted to investigate a little bit more on this but only from an interim/contract jobs perspective.

Contract jobs аre basically flexible on timescales, mostly full time and uѕuаllу leave уоu а choice tо continue wіth thе contract fоr as long as feasible оr leave wіth nо extension. This flexibility works both ways, which is why this form of employment is so much more popular amongst futuristic organisations and professionals. What is important here is to learn the difference between these longer term independent contract jobs and freelance jobs, as freelance jobs оn thе оthеr hand аrе nоt long term unlеѕѕ agreed аѕ such and does not provide the stability that a full time contracting can provide, so it is a lot more sporadic, can be performed from anywhere in the world and usually is less hours not more.

In thе remaining part оf thіѕ article, wе wіll bе discussing the rise of contracting jobs especially by focusing on five types of professions in contract jobs thаt didn’t exist іn thе lаѕt fіvе (5) years.

Big Data Architect

Big Data job roles hаvе surfaced іn thе lаѕt fеw years аlоnе thаt wоuld nоt hаvе bееn thought оf fіvе (5) years ago; big data scientists, big data architects, big data visualizers, data virtualization аnd cloud specialists, tо nаmе but а few. Sо іt іѕ fair tо ѕау thаt іn аnоthеr ten years frоm nоw thеrе wіll bе еvеn mоrе Big Data jobs thаt don’t exist today.

UI/UX Scientist

Thіѕ role thаt requires а professional thаt understands hоw tо create fantastic user experience whісh dоеѕ nоt оnlу depends оn design elements, but аlѕо user perception, user requirements, аnd оvеrаll user expectation саmе tо thе limelight fеw years back. These roles existed prior to 5 years but let’s say the expectations and format have changed substantially since.

Cloud Computing Specialist

Aѕ technology continues tо advance, thе nееd tо introduce solution tо bеѕt manage resources аѕ аlwауѕ bеіng оn thе forefront. Thіѕ аlоnе led tо ѕеvеrаl big companies thаt hаѕ thе tendency tо work wіth а lot оf data tо adopt thе cloud computing technology. Aѕ such, thіѕ nеw challenge requires professionals tо step іn tо hеlр manage thіѕ resources called cloud computing. Thе cloud computing specialist contract jobs again had a very different profile prior to a few years ago, but as more and more businesses and individuals rely on cloud day to day, this is becoming an increasingly important career direction.

Drone Operators

Aѕ thе global market fоr thе unmanned aerial vehicles аlѕо knоwn аѕ UAVS continue tо grow steadily, thе ѕеrіоuѕ nееd fоr operators tо fly thеm аѕ surface. Thіѕ job role јuѕt саmе іn nоt long ago and it is also a brilliant role for people who love flying objects or have a keen interest in handling almost any kind of remote controlled or otherwise device that works wonders. This role is in its infancy in many countries, but who knows in the next 5 years could be one of the most desired roles too.

Driverless Car Engineers

Wіth thе rесеnt innovation іn thе automobile sector thаt іѕ set tо kick оut taxi driver’s аnd couriers. Thе nееd fоr Engineers tо handle thіѕ driverless cars is rising. Thе Driverless cars won’t bе аblе tо mend themselves, ѕо engineers, mechanics аnd software developers whо work оn vehicles wіll bе increasingly іn demand іn thе not-too-distant future. Thіѕ role јuѕt rесеntlу саmе tо thе fold too, and whether everyone agrees with driverless car philosophy or not, it is certainly a technology that will emerge in the next decade.

May be with so many emerging career paths schools, universities, government and parents need to be a lot more openminded in terms of career choices graduates or school leavers may take. In fact, it is pivotal that they get supported in choosing these key careers on the growth so it does not leave the industries developing these careers deprived of great future talent. If you would like your school, or college or university to learn more on this especially on how to choose non-traditional careers, I am happy to deliver a talk as part of my mission to help the young and innovation along the way.

To read more on similar topics explore our blogs; to speak with us about employer’s hubs and how we can help transform your contractor talent management by bringing efficiencies through our simple cloud platform, get in touch. We are a free platform for interims with thousands of jobs refreshed daily, join us today.

About the Author:

Bhumika Zhaveri’s expertise lies in business strategy, change, human resources and talent management. Her experience is built over years in varied sectors where she has worked within Recruitment, Resourcing and HR. Now as Founder & CEO of InteriMarket a platform for Contract/Interim Talent Management. She is a firm believer of success through people, change and culture!


If you want to share this article the reference to Bhumika Zhaveri and The HR Tech Weekly® is obligatory.

Statistics

Hiring Statistics You Need to Know for 2017 (Infographic)

Statistics

While we are aware that the job landscape is always changing – with new technology, automation and outsourcing removing jobs, and new startups popping up everywhere you look – it’s sometimes hard to see the big picture. But, as a hiring manager or even business leader, it is important to know where the industry is headed. Background check company, EBI, has put together a list of 60 hiring statistics that are important for every HR professional. Looking at everything from the hiring process to gender and diversity breakdown in the workplace, it paints a telling picture of the issues HR professionals face every day.

You can see the highlights in the infographic below:

Hiring Statistics You Need to Know for 2017 | Infographics by EBI


Source: 60 Hiring Statistics You Need to Know for 2017

Is AI Really A Threat To Jobs?

Artificial Intelligence | The HR Tech Weekly®

Has the future obliteration of jobs by automation been over-exaggerated? At the end of last year Bank of England Governor Mark Carney warned that up to 50% of UK jobs could be wiped out by automation. A recent report suggests that so far the AI-jobs apocalypse has yet to materialise.

Recent research from the Chartered Institute of Ergonomics and Human Factors (CIEHF) together with CV-Library found that two thirds of businesses had not yet witnessed job losses due to automation. Over a third believed that automation had actually increased the number of jobs available.

This is a view broadly supported by Deloitte. In 2015, it highlighted the benefits of automation and its ability to create better quality jobs by removing tedious and dull work which increases the potential for errors due to boredom and distractions. Its research also noted that as a result of automation:

  • 3.5 million low risk jobs have been created since 2001, compared to 800,000 high risk jobs lost.
  • Each new low-risk job pays a salary £10,000 higher than the high risk job it replaced.

This does not alleviate concerns over automation. The CIPD’s Employee Outlook Survey also notes that nearly a quarter of employees are concerned that their job – or parts of it – may be automated within the next five years. Similarly, PwC’s UK Economic Outlook predicts that 30% jobs in the UK are at risk from automation by the early 2030s. Like Deloitte, however, it notes that the nature of available jobs will change. Sectors at highest risk of job losses through automation include transport, manufacturing, and wholesale and retail. Education and health and social work and education are at the lowest risk of being replaced.

Ongoing resistance to AI

The CIEHF/CV Library survey reports a ‘resistance’ among employees to automation as employers are failing to communicate its benefits effectively and HR remains one of the most reluctant to positively embrace automation within talent management strategies. Deloitte’s 2017 Human Capital Trends Survey found that progress towards people analytics in the last year remains stubbornly slow. This is perhaps unsurprising as nearly half of recruitment professionals are still not using applicant tracking software in hiring processes.

HR must first acknowledge the advantages of automation in recruitment to communicate its benefits more effectively. In hiring processes, this means the automation of mundane procedures, including personalised e-mails to job applicants, effective, streamlined screening to reduce unconscious bias and insights into key hiring metrics that impact your ability to hire. It also enables hiring teams to create a more effective onboarding processes to improve retention of new hires.

But why is HR so reluctant to embrace technology?

An article in the Harvard Business Review suggests that the resistance to AI is twofold. To accept and take advantage of automation, consumers must trust both in the technology and in the business delivering the innovation. In recruitment that means HR must have confidence in the supplier of recruitment software and its ability to deliver benefits to its hiring process.

The article also highlights three key points which are essential to gaining that confidence:

Cognitive compatibility : In other words, make it easy to understand. The more complex the nature of the technology, the less likely consumers are to trust its ability achieve desired goals. For HR, that goal is to streamline hiring processes to ensure not only faster hiring but a better quality of hire.

Trialability : A trial of potential new technology helps to understand the benefits and reduce any reluctance to embrace technology.

Usability : To encourage buy-in among tech-resistant hiring teams, technology, especially HR software, must be easy to use.

Recruitment software aside, as companies continue to invest in technology it is vital to maintain employee buy-in and foster trust by investing in upskilling employees to equip them to use digital skills in the workplace. The UK faces a significant digital skills crisis in addition to a wider talent shortage but employers are failing to invest in the necessary training to equip employees with vital skills. Training and development is essential for businesses that wish to not only retain but to continue to attract talent to their brand. It will also go some way to overcoming ‘resistance’ to technology in the workplace.

Ethical concerns

Overcoming ethical concerns is an issue that HR must consider in the future.

The EU[1] has proposed the creation of a European agency to provide technical, ethical and regulatory advice on robotics and AI, including the consideration of a minimum income to compensate people replaced by robots and a ‘kill switch’ for malfunctioning AI systems. A similar concern was recently expressed by the International Bar Association which warned that AI could ultimately lead to the introduction of legislation for quotas of human workers in the future[2].

While the debate over the benefits of AI at work continues, there is no doubt about the struggle that employers face to hire and retain qualified candidates. HR software is HR’s first step towards embracing the benefits of automation and creating more effective talent management strategies.

[1] MEPs vote on robots' legal status - and if a kill switch is required

[2] Rise of robotics will upend laws and lead to human job quotas, study says

A version of this article first appeared on Advorto’s website.

 

15 Stress-Busting Jobs to Kickstart Your Career

15 Stress-Busting Jobs to Kickstart Your Career

15 Dream Jobs that Pay Well and are Low in Stress

Are you looking for a low-stress job that does not require you to compromise on the money you bring in home? Well, you are in luck because we have just the thing for you! The below infographic from Quantum Binders is a treasure trove of information when it comes to dream jobs that rank low in stress, rakes in the big bucks, and can get you well set on the path to success. While some of the jobs on this list may require you to get advanced degrees, a Bachelor’s degree from an accredited institution and some previous work experience are all you require in most cases.

About the Author

Toby Dean works on behalf of Quantum Binders in content creation and marketing. He creates engaging graphics and content that help businesses stand out from the crowd. Over the past 7 years has worked with dozens of SME’s in both an agency and freelance capacity.


Source: 15 Stress-Busting Jobs to Kickstart Your Career – Quantum Binders Ltd

High School Graduates Should Embrace Flexibility & Recruiters as They Enter College

Take Heed Millennials it Could be a Bumpy (But Exciting) Ride

It’s summer and, therefore, about 3 million students in America have graduated high school and are making plans for what to do next with their lives. In my family I have a niece that has graduated and so I’ve been giving some thought to the question (if she were to ask me): “Uncle Jason what advice do you have for me as I embark on my next adventures post-High School?”

I have posed this as a hypothetical question given that millennials often come across as having all the answers and so never give even a fleeting thought to ask an elder for advice or counsel about their futures. This thought-process has been going on for many decades, just par for the course.

Looking back I probably had the ‘know it all’ mindset as well. I wish I would have been a little more open to advice from older and wiser folks, things might have went more smoothly for me professionally. I would advise, therefore, to accept guidance from credible people that care about you—you’ll likely be glad you did.

Where does my credibility come from you ask? I am a Gen X guy who believed (almost with a religious zeal) that education was important and the more you had the better off you would be professionally. So, from 1993 until 2010 I embarked on an educational quest to attain a Doctorate in Sociology so I could teach and do research (read: save the world). Boy did I have “Big” plans.

Along the way I earned a B.A., with cum laude honors (Missouri State University), an M.A. with honors (University of Kansas), and a Ph.D. (University of Kansas). Little did I know (or care to pay attention to) the major structural changes occurring in higher education (over the past couple of decades) when I was in the midst of my educational marathon. Namely, one critical trend has been colleges and universities shifting from full-time tenure track to part-time contingent faculty teaching opportunities as a cost-saving measure. The pay and benefits for PT faculty is considerably lower than for FT faculty–and obviously this has had a major impact on recently minted Ph.D’s.

In 1969, 22% of the faculty were non-tenure track and 78% were tenure-track positions. Today, those numbers have flipped–33.5% of positions are tenure-track and 66.5% are non-tenure track/ineligible for tenure. Of course higher education is just one of many professions that has seen considerable change over the past several decades, but as a student it would have been smart for me to research the field more to know exactly what I was getting in to.

It is against this backdrop that I decided to make a major career change at 38 years of age. This certainly wasn’t what I planned when I was in my 20’s. Therefore, I think these life experiences qualify me to say a few words on the topic. Also, for more than a decade I was employed at three or four institutions of higher learning… so I’m keenly aware of some of the potential pitfalls of higher education.

So, even though no one I know that has graduated in 2016 has asked, I’m still going to take this opportunity to provide young people some advice that I think they should hear. Words to the wise I wish someone would have told me when I was 18 and heading off to college at Missouri State University in Springfield, Missouri.

Perhaps the easiest way to organize my thoughts is around a series of “Lies, Damned lies, and Statistics” (thanks Mark Twain) that we routinely tell our young people as they are growing up that can have negative consequences. At the end I will also pose a to-do-list of how to avoid the pitfalls that trap so many of us. As will be shown, having a recruiter on your side could serve as a real life-saver.

The truth is that millennials have been lied to in a myriad of ways so let me be your “friend at the factory” as Dr. Phil says.

The Lies

“You can be whatever you want when you grow up”

This is a classic lie that when I was growing up in the 1970’s/80’s was told over and over again ad nauseam. From the get go this doesn’t even make logical sense—even though I know it sounds great when saying it to our kids. The primary problem with this line of bull is there clearly aren’t enough “good jobs” to go around and so someone has to do the less desirable jobs (of which there are plenty).

Furthermore, it’s just a fact that some people aren’t cut out for (or have the ability to do) “the most desirable” “highest paying jobs.” You have to work with the hand you are dealt.  Some of us get a pair of Aces but most of us get a 4 and 8 off suit.

What’s more, there are approximately 12 million people who work full-time in the U.S. and the reality is an overwhelming majority (easily 3 out of 4) do not like their jobs. Several studies have indicated upwards of 70% “Hate” their jobs.

According to a recent article on salary.com, in 2015, 42% of people indicated that if they somehow became instant millionaires they’d be at the office the next day. I must call BS on this as well, and say that number is likely closer to 10%. Also noteworthy was 73% of respondents in the salary.com survey said they work “primarily for a paycheck”. This clearly supersedes all of the other ‘pie in the sky’ reasons we like to think people work: to be fulfilled, to give back to the community, to feel like I make a difference and so on.

What would be more appropriate would be to say, “Work like hell to attain highly sought after skills, abilities, and aptitudes and then be cautiously optimistic that you will reach your goals and dreams.” In other words, have a few ‘fallback’s’ ready to go in-case things beyond your control happen (and they do ALL of the time). This is also a great opportunity to seek out a professional recruiter so they can help you figure out the best career path for you.

“It’s more important to love what you do than worry about how much money you will make”

This one is a real heart-breaker for me because, as a sociologist, I told myself this lie a LOT over the years as I plowed along getting paid next to nothing to educate our youth. It’s ridiculous. If you don’t make a decent enough wage to meet your basic needs AND then have a little left over for fun and to save for the future you WILL be miserable, period. I will concur that money doesn’t = happiness. However, in order to do 90% of what you want to do in American society, it takes money. Plenty of people in America (believe me) don’t LOVE their jobs but LOVE cashing those checks if they are lucky enough to make a high salary.

“Your professional success directly correlates to how hard you work”

In other words, the harder you work the more likely your chances at professional success (and the less you work… yada yada). Oh my I could write a whole book on this lie (and maybe someday I will) – but suffice to say this part of the “American Dream” is completely dead for many people. There are millions in our country that work their asses off and get paid barely enough to survive and have a decent standard of living (and most of us are forced to work 2-3 jobs just to keep our heads above water). Since the early 1970’s the data clearly show that a gigantic majority of Americans are working harder (many more hours and increasing their productivity) for less and less pay. Millennials: be prepared to work your ass off and it *may* not translate into professional success. Sorry, that is the truth.

The Damned Lies

“Don’t worry about your Student Loan debt because once you graduate you will ‘magically’ have an amazing job that will pay you plenty to pay off those ‘pesky’ loans in no time”

This is truly a damnable lie if I ever heard one. There are many lies rolled into this one, so a little difficult to unravel. For one thing, given how expensive college has become there are a miniscule number of jobs (right out of college) that pay enough to allow a recent graduate to comfortably make their payments on the $40k or more (on average) they owe in student loans. A study in 2012 showed that in the past three decades the cost of a college degree has increased by a whopping 1,120%.  So, the cost of a college education has skyrocketed to the moon and 51% of all American workers make less than $30,000/year. What could go wrong here?

Furthermore, it’s astonishing to learn about America’s student loan debt, namely how completely out of control it is. My prediction is Student Loans are the next ‘housing bubble’. Estimates are that over $1.35 trillion is owed by current and former students and rising every day. Let me write out that number so you can let it sink in properly: $1,350,000,000,000. In by-gone eras where tuition was reasonable and wages steadily went up for *everyone* student loans were not a problem. This game has totally changed and young people need to go into college knowing the risks and potential rewards.

“The degree or degrees you earn from America’s ‘esteemed’ institutions of higher learning will virtually ‘guarantee’ you a ticket into the ‘Middle Class’” 

This one has been dead and buried for several decades now, but somehow often we still believe it (I think because we REALLY want it to be true). The facts show that much of the 2008 post-recession job growth has been in low-wage jobs. For those that choose a major where those skills, abilities, and aptitudes are in high demand – there’s a *chance* you can make it into the middle class, but there are NO guarantees.

“Colleges and Universities will provide you with excellent career counseling upon your graduation” 

Absolutely not. The hubris of our institutions of higher learning is such that most are still stuck believing in the stale notion that “You’ll have no problem getting a job because you graduated from our prestigious university” – News flash no one cares anymore about institutional hubris and reputation. Most employers could care less, believe me. You MUST go out and actively promote yourself and get on the networking train (early in the process). While you are deciding what to major in, you might also want to explore recruiting firms and start fostering relationships with these critical folks as soon as possible.

The Statistics

I could provide a treasure chest of anecdotes on how statistics lie like a sidewalk, but for brevity I’ll just point out one that routinely bothers me.

“Even though college costs are completely out of control, college is still worth it” 

The article will inevitably go on and on providing some BS statistics about how ‘in general’ it’s still a good idea. Tell that to the person who has an over-priced degree or degrees and can’t land a decent job to save his/her life. Believe me, they could care less about some dumb ‘longitudinal study’ showing how great college is—no matter what the costs and sacrifices are.

Just because some statistic says that those with an A.A. or B.A. make ‘slightly more’ over their lifetimes than someone without those degrees should NOT make the scam of college magically “worth it.”

What Should you Do?

So, hopefully you haven’t jumped off a cliff at this point and become too depressed. I’ve tried to present the state of affairs in a truthful fashion (based on personal experience and data when it’s available) so you know the rules of the game and what to expect. Now let me put some ‘verbs in my sentences’ and provide a tangible ‘to-do-list’ of things that I wish I had done. Take these seriously and you have a chance to be much happier than the 7 out of 10 people who dislike their jobs.

  • Contact several recruiting firms in your area and try to find a potential match early in your schooling. Do NOT rely on your college/university to provide any assistance in this critical process. Professional recruiters have grown by leaps and bounds over the past couple of decades and can be an absolute life-saver for those trying to navigate the tricky labor market waters.
  • Manage your expectations! Don’t believe the hype about how great your professional life is going to be – understand the realities of the U.S. economy in 2016 and that there are only so many things YOU can control.
  • Work very hard. Be ready to consistently put in maximum effort in the classroom and in your professional pursuits.
  • Do not wrap your ‘happiness’ in what you do for a living. This is so much easier said than done (honestly I still struggle mightily with this one). Seek professional help if you can’t disavow yourself from this notion.
  • While in college explore what types of avocations and other activities you would like to contribute to your community that are NOT work related. It is likely that these pursuits will be where you truly find happiness and fulfillment. In my case I’ve chosen to be a football and basketball official—incredibly rewarding.
  • Base your choice of major/minor not ONLY on what you are passionate about but also where there is the most demand. As much time as you study the things assigned to you by your generally out of touch professors spend a sizable amount of time also studying what the hot jobs are and how you plan to get one of those jobs.
  • Put ‘networking’ as one of your goals/skills as you work toward your degree(s). Be sure you have a LinkedIn profile and be extremely careful about what kinds of ‘social media’ you share with your potential employers.
  • Do a Return on Investment (ROI) analysis in regard to how much risk (student loan debt) you are willing to take on given the salary you *may* earn post-graduation. Be willing to go to a less expensive school (and be proud as hell to do so) knowing that you are making a much sounder financial decision than your peers who are overpaying at vastly overrated schools (that likely have an unhealthy opinion of themselves).
  • When you work during your college years (whether in the summer or during the regular school year) open up an IRA savings account with a trusted financial adviser. I don’t care if you can only afford to contribute $10/month, do it. This will help you learn the power of investing smartly and why it’s so important to save as much money as you can. You will be amazed at how your money can grow—if you have 30+ years to let it grow (and you do).
  • The Economy/Market are fluid and apt to abrupt change (in the supply and demand of labor) – so be ready to be flexible and nimble as you navigate your professional trajectory. Totally disregard the notion that you will spend your entire career at one or two entities. The reality is you will likely be on the move much more frequently.
  • Enjoy your college experience! If you only view it as a ‘means to an end’ for a high paying job you will truly miss out on many of the wonderful aspects of college that have nothing to do with materialism or financial gain. One of my fondest memories of college was being part of (and President my Junior year) of a Co-Ed Service Fraternity (Alpha Phi Omega) at Missouri State (Beta Mu Chapter). It was with this group that I learned the power and satisfaction of doing for others in one’s local community. I still try and carry out this mission at 40. The seed was planted when I was 18.

Conclusion

Congratulations to all 3+ million millennials who graduated in the spring. You should feel proud of your accomplishments and look forward to having a successful professional career. However, it’s crucial to know the game you are getting into and work hard at adapting to changes in the economy and the labor market. The ‘old’ rules just don’t work like they used to. As long as you go in with your eyes wide open you will have a much better chance of navigating successfully around the potholes that are inevitably in your paths.

Featured Service: Student Loan Hero


Source: High School Graduates Should Embrace Flexibility & Recruiters as They Enter College – Crelate