graduates' great expectations - yes montreal · 2006-01-05 · adding that she'd like...

1
BLi THE GAZETTE, MONTREAL, MONDAY, FEBRUARY21, leoS- 'iWI ';.;I Youth career counsellors urge students to prepare for their working lives throughout their undergraduate years, but that doesn't prevent many of them from waiting until the last minute to begin their job searches Graduates' greatexpectations son," Gagnon says. ''They're looking for accomplishments in extracurricu- lar activities and volunteer worn. Stu. dents who get involvedthis way devel. op employabilityThe rule of thumb is that you need to have something to talk about in an interview. The last summer before you graduate should be one in which you're worlting in the field you target It shows you're plan- ningahead." That sense of expectation among students may have been fostered to a degree by aggressive on-campus re- cruiting, Gagnonsays. "When the campus is hot with re- cruiters, it means they're competing for the best students, whoget multiple offers.Thesetend to bestudents in par~ ticular programs, who could graduate into jobs that start at $50,000a year with benefits." For a while, those honours went to graduates in the information.technol. ogy field and certain streams of engi. neering. The current darlings of cam. pus recruiters, apart from those in the health-care field, are actuarial math students. "They're the hot ticket now," Gagnon says. "Students tend to be aware of which degrees are in de. mand and they flock to those pro- grams. But choosing a degree pro. gram based on that criterion can be a gamble, especially in the short term." Today's darlings, it seems, are to- morrow's unemptoyed. Campus career services teU stu. dents to prepare for their careers throughout their undergraduate years, but that dOesn't prevent strag- glers from waiting until the last minute to start their job searches. "Often, these students don't admit that they don't like the lack of status inherent in looking for a job," Gagnon says. "The job search is like programs designed to help people lose weight or quit smoking. If there's no pain, there's no gain." Unger of YES says if she could have a wish come true, it would be that young graduates moving into the job marltet would be humble. "It will open you up to learn, grow and.make mistakes," she says. "Em. ployers teU us a good attitude is the most important attribute they want when they hire employees." STEPHANIE WHITTAKER SPECIAL TO THE GAZETTE F or a while, the career counsel. lors at Youth Employment Ser. vices have noticed a shift in atti. tudes among the youngjob seek. ers who consult them. "Some young people come to us be- lieving that because they have de- grees, even without worn experience, they should receive high salaries, good positions and respect in the workPlace without earning it," YES executive director Iris Unger says. "Our counsellors often have to do re- ality checks with them. This is not across the board, but young people should be aware of it." That attitude seems particularly acute among young graduates with specialized degrees, Unger says, adding that she'd like those job seek- ers to understand that just landing an interview is a golden opportunity ':An interview is a gift that's being given to them," she says. Andre Gagnon, ooordtnator of the career and placement service at Con. cordia University, has seen that atti. tude, too. "Some students think soctety owes them ajob," he says. If the current crop of young gradu. ates emerging into the workforce seems to have a sense of entitlement about job prospects, it might be large- ly because of the ethos in which they've grown up. Max Valiquette, president of Youtho~ a consumer marlteting and communications consultancy in Toronto that tracks the youth marltet, prefers the word "expectation" to "en- titlement" "Young people have an expectation that when they start working some- where. they'll be able to contribute im- media~ be taken seriously and have their presence felt in the workplace rIght away," Valiquette says. "I think the stereotype of starting on the bot. tom rung and worlting up to manage- ment in 2Dyearsis antiquated" That attitude has been forged in an era that reveres youth. Theirs is a generation that has been taken serio ously by marketers and consulted and deferred to, often by their baby. boomer parents. Unlike previous gen- PIERRE OBENDRAUF THE GAZETTE A lot of graduate students "know very little about career planning:' Concordia counseUor Andre Gagnon says, want a chance to bust and move and that they'U be listened to more than previous generations were.When they show up, they want to contribute and they don't want to hear: 'You're too young.' " It's still a rude awakening for some students to discover, however, that completing a university degree is not enough to land them jobs that allow them to rock. "I see a lot of last.minute students who have already graduated, but who know v~ry little about career plan- ning," Concordia's Andre Gagnon says. "I tell them they've gottheirworlt cut outforthem." The ideal student is not only one who gets top grades, but spends his un. dergraduate years doing volunteer worlt and interesting summer jobs, 0f- ten related to his or herfuture careec ''Emptoyers hire graduates with the rIght qualities and they'll1eave a posi- tion open if they can't find that per- "Walk into any Starbucks and you'll see young worners with tattoos and piercings. In many environments, there's a greater feeling that a young person's voice will be heard and acted upon." The growth of open-concept office spaces may also have spurred this trend. Valiquettesays. "It used to be difficultfor worlters to talk to their superiors, who would be in separate offices,if not on dUJerent floors. Now,open-concept offices and open-door policies have given young people the message that they have a voicein theirworlqJlaces." Valiquette says few of the young graduates with bachelor of arts de- grees he encounters expect to land "great jobs." "I don't hear entitlement from them. Most young people have a sense of how competitive the market is, but they do expect that once they find work, they'll be able to rock it. They erations of youths, the current crop of graduating students has been both seen and heard. "Most of what young people hear is that they have a voice," Valiquette says. "There's a lot of evidence in the jobs they have had that they have a voice, manifested by what they see in their superiors. Casual-dress Fridays is a youth.inspired phenomenon. It comes from baby boomers who want a more youthfullook and feel." Another phenomenon driving that attitude of expectation, he says, is the growth of technology,particularly in the past decade. ''The typical young Canadian is far more empowered to interact with the world than any previous generation. They can start their own Websites or btogs and connect to other young pe0- ple with similar interests." MoreoveI;youth stylein many worlt. places is not only permitted, but en- couraged. Dissatisfied I Lower-qualityjobs are growing at a faster rate CONTINUED FROMB1 However, it did uncover some disturbing trends. The number of jobs paying more than $25 hour is up three per cent since the late 19908,but the number of jobs paying less than $15an hour is up even more - nearly four per cent. And the comfortable middle ground, paying between $15and $25an hour, has shrunk by six per cent Within the private sector, the fraction of new emptoyees - with two years of seniority or less - who are worlting temporary jobs he asks. Aperson could be worn- ing part-time for little money and having a wonderfultime. Canadians have become part of a global woMorce, which means tha~ for many people the work. place has become a less comfort. able place, he said "This is a world where any- body from anywhere can come in and take yourcustomers~" You can't sit there, year after year, doing the same job, and ex. pecting your paycheque to keep rising, Benimadhu said In short, all three economists agreed that Canada has to im. prove its productivity But you can't do that by simply cutting staff and increasing workloads. Companies must in. vest in new technologies and equipment, and the training and education of middle managers has to improve, they said. Middle managers have to be able to motivate employees and :..1-...~__ :..t.....t... ....... Why? Well,those manufacturing and public sector jobs that are disap- pearing or not being created tend to be unionized, full.time, higher-paid jobs. What the econ- omy is generating now is a lot of jobs in such sectors as retail or food(restaurants) and accommo- dation, which tend to be lower. paid, less stable and often in- volve part.time hours. That's not to say there are no goodjobs being created; there are. But the number of tower-quality jobs is growingat a fuster rate. "During 2004,the number of full.time jobs in high-paying in. dustries rose 1.4per cent, while the numher of jobs in low.pay- ing industries rose by 1.6 per cent," Tal said. ':Asimilar trend was observed for the high, vs. tow-stability jobs." . The weakness in stability can, -in 1Argp' mpSIIAnrp. hA Hn1rOti tn "Anybody from anywhere can take your customers away:' Prem Benimadhu, economist 4 Rates may be those offe.red through bank's mortgage corporat 5 Rates recommended by the F~eration des Caisses Populaires Desjardins de Montreal et de "Ouest du Quebec to its member caisses. 1 Interest is based on annual rate of return and is paid when deposit is cashed. 2 Not reclHmable until maturity unless marked with an 'r'. Interest is paid annually. :5 Institution has no office in Quebec but its investments are available here through independent de-posit brokers. Note: R.tes shown are as of fast Friday and are subject to change. SOURCE, DATA SUPPLIED BY CANNEX shot up to 21 per.cent in:.roi from 11 per cent in 1989.The wage gap between young, newly hired nu'u'oII'o't'"C' Q"rI +J..n~ 1,1 n_........ I MONEY MARKE MORTGAGE RATES WHAT YOUR SAVINGS CAN EARN SHORT-TERMDEPOSITS1 LONG-TERM DEPOSITS Z MI...... 30 60 90 120 MinimuM I 2 3 . Do,osit ibys ibys ibys ibys Do,osit YO' ,.... ,.... ,.... CHARTEREDBANKSAND CREDITUNIONS. BMO Bank of Montre 5000 1.000 1.000 1.000 1.000 1000 1.sso Z.OOO 2.300 2.600 3 Bank of Noya Scotia 5000 0.900 0.900 0.900 0.900 1000 1.550 2.000 2.300 2.600 3 CIBC 5000 1.000 1.000 1.000 1.000 1000 I.SS0 2.000 Z.300 2.600 3 Calsses Desjardins 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 Z.300 2.600 3 HSBCBank canada 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 Z.300 Z.600 3 ING DI,ect 1 r 2.650 r 2.900 r3.100 r3.35O r3 laurentian Bank canada 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 2300 Z.600 3 Manullfe Bank 25000 2.050 2.100 Z.200 Z.200 5000 Z.600 3.000 3.250 3.500 3 NBG Bank 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 2.300 Z.600 3 National Bank of canada 5000 1.000 1.000 1.000 1.000 1000 I.SS0 2.000 2.300 2.600 3 Royal Bank of canada 5000 1.000 1.000 1.000 1.000 500 1.550 1.900 2.300 2.600 3 TO canada Trust 5000 1.000 1.100 1.050 1.050 1000 1.550 2.000 2.300 2.600 3 Ubiquity Bank of canada 1000 2.000 Z.400 2.900 3.000 3 TRUST AND SAVINGS COMPANIES Achle.. Financial 1000 3.100 3.450 3.800 4.300 4 B2BTrust 5000 2.100 2.100 1000 2.550 3.050 3.300 3.550 3 Equitable Ufe 500 r 1.450 , 1.950 r2.25O r 2.600 r2 Flducle DesjanUns 5000 1.000 1.000 1.000 1.000 1000 1.550 Z.OOO 2.300 Z.600 3 laurentian Trust 3000 1.000 1.000 1.000 1.000 1000 1.550 2.000 2.300 Z.600 3 Promutuel Capital 5000 1.200 1.200 1.250 1.250 1000 2.000 2.250 2.sso 3.000 3 RBCUfe Insurance Co. 500 r 1.050 r 1.400 r 1.800 rZ.100 r2 Standard Life 5000 r 1.000 r 1.I2S 1000 2.ll5 2375 2.750 3.000 3 Transomerica life canada 1000 r 1.600 r 1.950 r2.25O rZ.600 r2

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Page 1: Graduates' great expectations - YES Montreal · 2006-01-05 · adding that she'd like those job seek-ers to understand that just landing an interview isa golden opportunity ':An interview

BLi THE GAZETTE, MONTREAL, MONDAY,FEBRUARY21,

leoS-

'iWI ';.;I

Youth career counsellors urge students to prepare for their working lives throughout their undergraduate years,but that doesn't prevent many of them from waiting until the last minute to begin their job searches

Graduates'greatexpectationsson," Gagnon says. ''They're lookingfor accomplishments inextracurricu-lar activities and volunteer worn. Stu.dents who get involvedthis way devel.op employabilityThe rule of thumb isthat you need to have something totalk about in an interview. The lastsummer before you graduate shouldbe one in which you're worlting in thefield you target It showsyou're plan-ningahead."

That sense of expectation amongstudents may have been fostered to adegree by aggressive on-campus re-cruiting, Gagnonsays.

"When the campus is hot with re-cruiters, it means they're competingfor the best students, whoget multipleoffers.Thesetend tobestudents in par~ticular programs, who could graduateinto jobs that start at $50,000a yearwith benefits."

For a while, those honours went tograduates in the information.technol.ogy field and certain streams of engi.neering. The current darlings of cam.pus recruiters, apart fromthose in thehealth-care field, are actuarial mathstudents.

"They're the hot ticket now,"Gagnon says. "Students tend to beaware of which degrees are in de.mand and they flock to those pro-grams. But choosing a degree pro.gram based on that criterion can be agamble,especially in the short term."

Today's darlings, it seems, are to-morrow's unemptoyed.

Campus career services teU stu.dents to prepare for their careersthroughout their undergraduateyears, but that dOesn't prevent strag-glers from waiting until the lastminute to start their job searches.

"Often, these students don't admitthat they don't like the lack of statusinherent in looking for a job,"Gagnon says. "The job search is likeprograms designed to help peoplelose weight or quit smoking. Ifthere's no pain, there's no gain."

Unger of YES says if she couldhave a wish come true, it would bethat young graduates moving into thejob marltet wouldbe humble.

"It will open you up to learn, growand.make mistakes," she says. "Em.ployers teU us a good attitude is themost important attribute they wantwhen they hire employees."

STEPHANIE WHITTAKER

SPECIAL TO THE GAZETTE

For a while, the career counsel.lors at Youth Employment Ser.vices have noticed a shift in atti.tudes among the youngjob seek.

ers who consult them."Some young people come to us be-

lieving that because they have de-grees, even without worn experience,they should receive high salaries,good positions and respect in theworkPlace without earning it," YESexecutive director Iris Unger says."Our counsellors often have to do re-ality checks with them. This is notacross the board, but young peopleshould be aware of it."

That attitude seems particularlyacute among young graduates withspecialized degrees, Unger says,adding that she'd like those job seek-ers to understand that just landing aninterview is a golden opportunity

':Aninterview is a gift that's beinggivento them," she says.

Andre Gagnon, ooordtnator of thecareer and placement service at Con.cordia University, has seen that atti.tude, too.

"Some students think soctety owesthem ajob," he says.

If the current crop of young gradu.ates emerging into the workforceseems to have a sense of entitlementabout job prospects, it might be large-ly because of the ethos in whichthey've grown up.

Max Valiquette, president ofYoutho~ a consumer marltetingand communications consultancy inToronto that tracks the youth marltet,prefers the word "expectation" to "en-titlement"

"Youngpeople have an expectationthat when they start working some-where. they'll be able tocontribute im-media~ be taken seriously and havetheir presence felt in the workplacerIght away,"Valiquette says. "I thinkthe stereotype of starting on the bot.tom rung and worlting up to manage-ment in 2Dyearsis antiquated"

That attitude has been forged in anera that reveres youth. Theirs is ageneration that has been taken serioously by marketers and consultedand deferred to, often by their baby.boomerparents. Unlike previous gen-

PIERRE OBENDRAUF THE GAZETTE

A lot of graduate students "know very little about career planning:' Concordia counseUor Andre Gagnon says,

want a chance to bust and move andthat they'U be listened to more thanprevious generations were.When theyshow up, they want to contribute andthey don't want to hear: 'You're tooyoung.' "

It's still a rude awakening for somestudents to discover, however, thatcompleting a university degree is notenough to land them jobs that allowthem to rock.

"I see a lot of last.minute studentswho have already graduated, but whoknow v~ry little about career plan-ning," Concordia's Andre Gagnonsays. "Itell them they'vegottheirworltcut outforthem."

The ideal student is not only onewho gets topgrades, but spends his un.dergraduate years doing volunteerworlt and interesting summer jobs, 0f-ten related tohis or herfuture careec

''Emptoyers hire graduates with therIght qualities and they'll1eave a posi-tion open if they can't find that per-

"Walkinto any Starbucks and you'llsee young worners with tattoos andpiercings. In many environments,there's a greater feeling that a youngperson's voicewill be heard and actedupon."

The growth of open-concept officespaces may also have spurred thistrend. Valiquettesays.

"It used to be difficultfor worlters totalk to their superiors, who would bein separate offices,if not on dUJerentfloors. Now,open-concept offices andopen-door policies have given youngpeople the message that they have avoicein theirworlqJlaces."

Valiquette says few of the younggraduates with bachelor of arts de-grees he encounters expect to land"great jobs."

"I don't hear entitlement fromthem.Most young people have a sense ofhow competitive the market is, butthey do expect that once they findwork, they'll be able to rock it. They

erations of youths, the current cropof graduating students has been bothseen and heard.

"Most of what young people hear isthat they have a voice," Valiquettesays. "There's a lot of evidence in thejobs they have had that they have avoice,manifested by what they see intheir superiors. Casual-dress Fridaysis a youth.inspired phenomenon. Itcomes from babyboomers who want amore youthfullook and feel."

Another phenomenon driving thatattitude of expectation, he says, is thegrowth of technology,particularly inthe past decade.

''The typical young Canadian is farmore empowered to interact with theworld than any previous generation.They can start their own Websites orbtogs and connect to other young pe0-ple with similar interests."

MoreoveI;youth stylein many worlt.places is not only permitted, but en-couraged.

Dissatisfied I Lower-qualityjobsare growing at a faster rate

CONTINUED FROMB1 However, it did uncover somedisturbing trends. The numberof jobs paying more than $25hour is up three per cent sincethe late 19908,but the number ofjobs paying less than $15an houris up even more - nearly fourper cent. And the comfortablemiddle ground, paying between$15and $25an hour, has shrunkby six per cent

Within the private sector, thefraction of new emptoyees - withtwo years of seniority or less -who are worlting temporary jobs

he asks. Aperson could be worn-ing part-time for little money andhaving a wonderfultime.

Canadians havebecome part ofa global woMorce, which meanstha~ for many people the work.place has become a less comfort.ableplace,he said

"This is a world where any-body from anywhere can come inand take yourcustomers~"

You can't sit there, year afteryear, doing the same job, and ex.pecting your paycheque to keeprising, Benimadhu said

In short, all three economistsagreed that Canada has to im.prove its productivity

But you can't do that by simplycutting staff and increasingworkloads. Companies must in.vest in new technologies andequipment, and the training andeducation of middle managershas to improve, they said.

Middle managers have to beable to motivate employees and:..1-...~__ :..t.....t... .......

Why?Well,those manufacturing and

public sector jobs that are disap-pearing or not being createdtend to be unionized, full.time,higher-paid jobs. What the econ-omy is generating now is a lot ofjobs in such sectors as retail orfood(restaurants) and accommo-dation, which tend to be lower.paid, less stable and often in-volvepart.time hours.

That's not to say there are nogoodjobs beingcreated; there are.But the number of tower-qualityjobs is growingat a fuster rate.

"During 2004,the number offull.time jobs in high-paying in.dustries rose 1.4per cent, whilethe numher of jobs in low.pay-ing industries rose by 1.6 percent," Tal said. ':Asimilar trendwas observed for the high, vs.tow-stabilityjobs.". The weakness in stability can,

-in 1Argp' mpSIIAnrp. hA Hn1rOti tn

"Anybody fromanywhere can take

your customers away:'Prem Benimadhu, economist

4 Rates may be those offe.red through bank's mortgage corporat5 Rates recommended by the F~eration des Caisses Populaires

Desjardins de Montreal et de "Ouest du Quebecto its member caisses.

1 Interest is based on annual rate of return and is paid

when deposit is cashed.2 Not reclHmable until maturity unless marked with an 'r'.

Interest is paid annually.:5 Institution has no office in Quebec but its investments

are available here through independent de-posit brokers. Note: R.tes shown are as of fast Friday and are subject to change.

SOURCE, DATA SUPPLIED BY CANNEXshot up to 21 per.cent in:.roi from11per cent in 1989.The wage gapbetween young, newly hirednu'u'oII'o't'"C'Q"rI +J..n~ 1,1 n_........

I MONEY MARKEMORTGAGE RATES

WHAT YOUR SAVINGS CAN EARNSHORT-TERMDEPOSITS1 LONG-TERMDEPOSITSZ

MI...... 30 60 90 120 MinimuM I 2 3 .Do,osit ibys ibys ibys ibys Do,osit YO' ,.... ,.... ,....

CHARTEREDBANKSAND CREDITUNIONS.BMO Bank of Montre 5000 1.000 1.000 1.000 1.000 1000 1.sso Z.OOO 2.300 2.600 3Bank of Noya Scotia 5000 0.900 0.900 0.900 0.900 1000 1.550 2.000 2.300 2.600 3CIBC 5000 1.000 1.000 1.000 1.000 1000 I.SS0 2.000 Z.300 2.600 3Calsses Desjardins 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 Z.300 2.600 3HSBCBank canada 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 Z.300 Z.600 3ING DI,ect 1 r 2.650 r 2.900 r3.100 r3.35O r3laurentian Bank canada 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 2300 Z.600 3Manullfe Bank 25000 2.050 2.100 Z.200 Z.200 5000 Z.600 3.000 3.250 3.500 3NBGBank 5000 1.000 1.000 1.000 1.000 1000 1.550 2.000 2.300 Z.600 3National Bank of canada 5000 1.000 1.000 1.000 1.000 1000 I.SS0 2.000 2.300 2.600 3

Royal Bank of canada 5000 1.000 1.000 1.000 1.000 500 1.550 1.900 2.300 2.600 3TO canada Trust 5000 1.000 1.100 1.050 1.050 1000 1.550 2.000 2.300 2.600 3

Ubiquity Bank of canada 1000 2.000 Z.400 2.900 3.000 3

TRUST AND SAVINGS COMPANIESAchle.. Financial 1000 3.100 3.450 3.800 4.300 4B2BTrust 5000 2.100 2.100 1000 2.550 3.050 3.300 3.550 3

Equitable Ufe 500 r 1.450 , 1.950 r2.25O r 2.600 r 2Flducle DesjanUns 5000 1.000 1.000 1.000 1.000 1000 1.550 Z.OOO 2.300 Z.600 3laurentian Trust 3000 1.000 1.000 1.000 1.000 1000 1.550 2.000 2.300 Z.600 3

Promutuel Capital 5000 1.200 1.200 1.250 1.250 1000 2.000 2.250 2.sso 3.000 3RBCUfe Insurance Co. 500 r 1.050 r 1.400 r 1.800 rZ.100 r2Standard Life 5000 r 1.000 r 1.I2S 1000 2.ll5 2375 2.750 3.000 3

Transomerica life canada 1000 r 1.600 r 1.950 r2.25O rZ.600 r2