Author: Staff (Page 55 of 62)

The Steven Slater saga

Few events have sparked so much conversation in this country on workplace issues like the bizarre story of Steven Slater and his strange meltdown at work. He’s now a celebrity with legions of Facebook fans and constant coverage on cable news, but his story does raise serious questions about workplace conditions, stress on the job and losing control under pressure.

The Seattle Times has a story about how flight attendants get most of the brunt of customer anger over things like baggage fees and other stresses of flying.

Forbes discusses how to avoid have a Steven Slater incident in your own organization.

Ohio.com has a story explaining how to resist the urge to have a Steven Slater moment.

Yes, the whole incident has been a circus, but we’re seeing some thoughtful analysis and advice coming out of what is becoming a teachable moment.

Choosing what you love

The recession has been difficult for many people, but it has been particularly difficult for anyone who has lost their job.

Some are taking matters into their own hands and using a job loss as an opportunity to find a new career doing something they love. I understand this isn’t a real option for everyone. Paying the bills and supporting a family in the short term always come first.

That said, many people who lose their jobs are in a position to re-evaluate their jobs and careers and change course. If you can create a situation where you love your work, you can lead a much happier and productive life.

BusinessWeek addressed this issue in a recent article and also explained how certain developments can accelerate this trend. The article posed the issue as choosing between your passion vs a steady paycheck.

After more than a decade in the advertising business, Erik Proulx found himself on the wrong end of a pink slip. What most people might have deemed a setback, though, he saw as an opportunity. Instead of looking for another job making TV commercials, Proulx dove into a longtime dream: filmmaking. Last December he released a documentary called Lemonade, which chronicles the lives of ad industry veterans who reinvented themselves after being laid off: a coffee roaster, a nutrition coach, an artist, and others who, like Proulx, decided to pursue their passions rather than return to careers that were no longer inspiring.

With the unemployment rate apparently stuck at or near double digits, more people seem to be choosing a passion over a steady paycheck. Rather than waiting for companies to open up their payrolls, these people are taking matters into their own hands and defining their own jobs, going online to find each other, leverage each other’s capabilities and services, and learn faster by working together. That is a big risk, but these people realize that they’ll be far happier if they can find something they love doing and figure out creative ways to make a living from it. Focusing on work that offers greater meaning makes it easier to withstand the perils and roadblocks they will face as they leave the corporate fold.

The author then explores whether this new trend is sustainable and whether it can spur economic growth. He cites two significant factors that will push this along – cloud computing and social media. The answers are fairly obvious, but the article is worth reading. Also important is something called the cheap revolution championed by writers like Rich Karlgaard.

A look at for-profit college EDMC

BusinessWeek has a recent profile on for-profit college EDMC and the involvement of Goldman Sachs. The article is balanced, as they gave EDMC the opportunity to present success stories, but many of the stories are unfortunately similar to others we’ve heard regarding for-profit colleges – too many students paying huge tuition costs, racking up huge student loans, and then not being able to get high-paying jobs they expected (or were sold on by recruiters). One student profiled in the article got a bachelor’s degree in game art and design at EDMC for a cost $70,000 in tuition and fees. After she graduating she got a job that paid $12 an hour recruiting employees for video game companies. She eventually lost that job and now she’s stripping.

We’re seeing more and more lawsuits in this area, and the article points out some lawsuits against EDMC. Changes are also coming from the Obama administration.

On July 23, the Obama Administration proposed restricting—and in extreme cases, cutting off entirely—programs whose graduates end up with the highest debts relative to their salaries and have the most trouble repaying their student loans. EDMC will be affected more than most other for-profit companies because of its focus on “passion” fields, such as art and cooking, rather than more practical accounting or business degrees, says Jeffrey M. Silber, an analyst with BMO Capital Markets in New York. Cooking, fashion, and arts jobs tend to have low starting salaries: A beginning cook, for example, earns an average of $18,000 a year, according to U.S. Bureau of Labor Statistics data, while a two-year culinary degree can cost $40,000 to $50,000. EDMC spokeswoman Jacquelyn P. Muller says Art Institute students tend to earn more, with those holding culinary degrees starting at $28,000.

You have to do your research if you’re thinking of attending one of these schools, and don’t fall for high-pressure sales tactics!

ABC News investigates for-profit colleges

ABC News has been investigating for-profit colleges like University of Phoenix, and they found plenty of evidence of problems similar to other for-profit college scams.

Ads for online schools are all over the Internet, plastered on billboards in subway cars and on television. The University of Phoenix, with nearly 500,000 students, is the biggest for-profit college. But some former students said they were duped into paying big bucks and going deeply in debt by slick and misleading recruiters.

“I don’t want anyone else to be sucked in,” said Melissa Dalmier, 30, of Noble, Ill.

The mother of three had big dreams to be an elementary school teacher, so when she saw ads for the University of Phoenix pop-up on her computer, she e-mailed them for more information. A few minutes later, Dalmier said she got a call from one of the school’s recruiters, who she said told her that enrolling in the associate’s degree in education program at the University of Phoenix would put her on the fast-track to reaching her dream.

“[The recruiter said] they had an agreement with Illinois State Board of Education and that as soon as I finished their program I’d be ready to start working,” she recalled.

Within 15 minutes, Dalmier was enrolled. Since she didn’t have enough money to pay for tuition, she said the recruiter helped her get federal student aid. In total, she took out about $8,000 in federally-guaranteed student loans.

But just a few months after Dalmier started, she said she learned the horrible truth: the degree program she was enrolled in would not qualify her to become a public school teacher upon graduation in Illinois.

“It was an outright lie. A bold faced lie,” she said.

ABC News did its own undercover investigation, and found the same despicable practices. Recruiters also push prospective students to load up on the student loans. Read the rest of the story and check out this video.

Success in Business: Education, Associations and Affiliate Programs Are Important Pieces of the Puzzle

Deciding to enter the business world as a career choice takes some consideration; actually going out and getting a job or starting a company requires some education. There is a wealth of ways to enter the business world. Some people decide to become accountants, managers of companies, or to start a company; education to teach people the necessary skills to be successful in these areas is available in a variety of formats.

Education at a college — community college, traditional college or online university — can offer course work in accounting, business, management or project management. Today attending college even as a non-traditional student — a student who did not enter school directly after high school or is working while attending school — is much easier than it was before. Classes can be taken when the work day is over or classes can be taken online. Gaining additional knowledge to move forward with a business career is attainable for a wider group of people than before.

Another key to entering the business world is making connections with possible clients or contacts that can assist in the ultimate goal. Local and national business groups hold networking events where like-minded business people can meet and exchange contact information. These groups also hold small education seminars on many subjects about how to succeed in business. National business organizations also hold annual conferences where an aspiring business person can meet useful contacts and take intensive courses; these conferences are generally a good mixture of education, business and fun.

For people who want to start a company, another mechanism for entering the business world is through affiliate programs. This method can increase revenues and increase worldwide business contacts and clients. Most of these programs offer education for the business owner on how to be successful with the process.

Each of these techniques can be used separately or combined for complete business plan for success.

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