Posted on 01/12/2023 6:42:09 PM PST by anthropocene_x
Some employers look to hire and continually turn over junior employees – sometimes harming young workers’ careers before they’ve even begun.
Experts say there are many employers that specifically hire new graduates looking to pursue their passions – often in competitive, even ‘glamourous’ careers. In some cases, this can be great for these workers, who are looking for a way into an industry of their dreams. Sometimes, however, young employees can get ground down in low-paying, demanding roles, as employers know that vacancies will always be hotly desired. These situations can leave early-career workers, hoping to establish themselves, making them vulnerable to burnout or disillusionment right at the start of their careers.
Some companies set up infrastructures in which they hire young employees that have little, if any, opportunity for upward trajectory, and then load them up with demanding tasks. In these situations, employers often expect that these young workers will leave the organisation at some point – whether it’s because they’re at a dead-end or they’ve burnt out from the position. Then, they are generally replaced by other young workers, destined for the same fate.
(Excerpt) Read more at bbc.com ...
This is the Big 4s business model. E&Y, PWC, Deloitte, KPMG...if you’ve ever worked with them, they work in teams. There will be one or two probably mid 30s types leading team and the rest are 1-4 years out of college. The pay isn’t that great. They send them to whatever city the project is in and they work the bejeezus out of them.
They know that because of their name/cache they will have no problem getting more bright young college grads dying to work for them no matter how quickly they burn through the workers they have.
Shortly after I arrived at my new company, the CEO broached the idea of going to QBO. The accounting department was unanimous in saying NO!!! lol
I forgot to mention law firms. Its similar there. I know because though I don’t practice (now) I am a lawyer and did that back in the 90s. 80-85 hour work weeks were not uncommon - and it ain’t like the pay was great.
Very few last more than 2-3 years. I didn’t, went to grad school for business.
The people celebrating hazing of ne grads are complaining no one wants to work.
” Isn’t it pretty normal for engineering and other kinds of firms to hire new graduates far in excess of their needs and then keep a limited number of the best ones a year or two later?”
It’s called a job description. You fulfil the expectations of the job description you continue to hold the job. You exceed them, you get promoted, you fail to meet the requirements, you are put on a performance plan and ultimately released. It is pretty straightforward.
Then you add in the unknown variables. How people behave, the type of leadership structure, your boss. Most people have trouble with the unknowns which causes the stress and ultimate departure.
Apple was/is one of the worst. Knew a guy that interviewed there and when he asked about retirement benefits, they ended the interview immediately. Said they weren’t interested in people thinking about retirement.
Intuit are masters at marketing. I have no idea how they get to non-accountant (or stupid) decision-makers to get companies to switch over to the absolutely terrible Quickbooks on-line.
No good accountant who knew what they were getting into would deliberately switch a working accounting system over to the piece of cr@p.
Now that Intuit has your data by the b@lls, I can absolutely promise you they will start increasing the rates. This company is sleazy from the word go.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.