Ponderings

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Working for Free

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Desperate times call for desperate measures. A nice old saying for the age old economic down turn we have seen time and time again. Economic downturns are as consistent as the weather; inevitable and unpredictable. Each time we find ourselves rushing to understand how it happened, who to blame and how to fix it.

What I have noticed more now than during previous economic downturns is people coping more. With unemployment at a 20-year high, this downturn has hit us hard. Individuals are willing to sacrifice more to remain employed - an unfortunate scenario or a possible realization that certain jobs were overcompensating - and even take the initiative to suggest these cuts before they get the axe. Those already part of the unemployed have a tougher predicament; they don’t have a job that they can negotiate aspects of to keep. But, a new development (something I initially thought was mad) has evolved: working for free. YES, I did just say that.

As Bob Dylan said, “The times they are a’chang’n” and so people are as well. They’re adapting to the changed environment. And so, us drones have migrated to a new idea of dealing with unemployment; a novel one at that. Think about it. You just got the boot. You take a few days to a week to assess your predicament and then jump back into the fray to look for a job. Maybe you anticipated your exit for employment and have already started the search; good for you. Either way, you most likely have some free time and having a blank spot on your resume for however long it takes to find a job is not always nominal.

Working for free might just be a great way to fill that gap, gain some new skills and possibly widen your job search and increase your contact network. It’s a great way to keep your resume looking fresh. Think of it as working an unpaid internship that will help you get gainfully employed. So, don’t look at it as a sign of desperation, but dedication to polishing your resume.

Of course you can always get a job waiting tables and get a little green in your pockets, but then again you may be able to work somewhere beneficial to your career because you’re willing to do it for free. Besides the usual non-profits you can work for, many companies are looking to hire free labor or are asking their employees to work for. Just a few months ago, British Airways asked some of its employees to work a month for free.

Companies have something to benefit from this situation. Not only do they get free labor, but additionally it is also a great way for a company to create a pipeline of talent to draw from when the economy turns around. When a position does open up in the company or the company begins hiring again, it will most likely look internally to fill positions. For both the employer and employee, it brings long-turn benefits. You’re training new potential hires from which the company has its choice and as an unpaid employee you’re gaining experience with no contractual obligation. You work as long  and as hard as you want. What’s the worst they can do, fire you?

Despite it actually being illegal for a company to have you work for them for below minimum wage, many are people are finding that working for free gives them more appeal when applying for a job along with countless thousands of other applicants. Some individuals argue that if you have the skills for the job, you should be paid for it, but with a lot of companies having the work but not the revenue to hire, it may be a win-win situation.

Often times once you have been unemployed for a few months this can be a decision between having an indelible white space on your resume or keeping your skills sharp and mind in the game. It may seem like an act of desperation or the sign of a true devotion, but in the end it will likely yield long-term beneifts.

Big Week for TheCanned.com

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This week, we’re pleased to announce that we’ve hired a new writer: Doug Sampson.  Doug will be adding his thoughts in his new column, “Talk to Sampson.”  Check out his first article on Teaching English Abroad and expect a new article soon!

Also, we’re interviewing a number of notable Authors and CEOs this week!  We’ve been in talks with a number of very smart and successful people, and we’ll be sharing their insightful input over the next two weeks.

Finally, we’ll be releasing a two part article on the Psychological Effects of Unemployment by Guest Author, Greg Welikson, on Tuesday and Wednesday of this week.  Make sure to check it out!

Charitable Recession Special

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Kids For Tomorrow is a not-for-profit that raises money for educational programs in Africa. Taking a page out of founder and supermodel Samantha Tannehill’s playbook, KFT also throws great fundraising events and parties. On JULY 23RD they’ve put together a night that starts with a popular comedy on Broadway and ends with free drinks at the Aspen Social Club. If past events are any indication, this will draw a solid crowd.

Tickets are $100, which is about $50 cheaper then they should be. Why not satiate your inner do-gooder, take in some culture, and have some drinks while the price is right. Details here.

Ten Ways To Be Liked in Your Job Interview

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The dreaded job interview. No matter your resume and talents if you mess this up you won’t get that job. In today’s tough economy you need every possible edge. As authors of the new book, I Hate People! Kick Loose from the Overbearing and Underhanded Jerks at Work and Get What you Want Out of Your Job, we see it as a simple equation: You want to be liked – not hated.

Here are ten simple things to do that will dramatically increase your chances: from wearing the right expression, to knowing what not to say, to never ever breaking a sweat.

All About Resume Key Words

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When you apply for a receptionist position the prospective employer already knows what a receptionist does so there’s no need to list the clerical aspects of your prior positions. Instead you can impress them with the more challenging duties you performed. Right? Not.

Employers search resumes for key words and phrases that match the responsibilities, skills and education specified in the job description. That’s why they request that you submit your resume either within the body of an email or as an MS Word attachment. Hard copies of resumes are electronically scanned into a searchable form.

Key words are used to determine which applicants will be selected for the first round of interviews. The more key words in your resume the higher your chances of getting an interview.

One human resources manager said they even scan application forms and search them for key words. With that in mind, the next time you are requested to fill out an application when you show up for an interview it may be a good idea to list the specific duties performed in each prior position, even if you did bring a resume.

This blog was conributed by a guest author:

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Who’s Hiring in the Government?

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Besides everyone? The FBI is wrapping up a hiring binge, and the CIA added some posts as well. The Department of Homeland Security is looking to add headcount.

And according to an article in the Washington Post, these agencies are not alone:

“We’re expanding,” said Holder, the FDA’s assistant commissioner for management, who is among representatives from numerous federal agencies trying to figure out how the government can fill an estimated 600,000 positions over the next few years.

Some highlights from the article:

  1. Defense is looking to hire 50k contractors and acquisition officers
  2. Veterans Affairs is going to hire 17k nurses, doctors, etc.
  3. Social Security Adminsitration will hire 5,500 in IT, law, administration, etc.

Want to join the gravy train? Check out USAJobs.gov for job descriptions.

Death of a Legend

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Well they say bad things come in threes: first Farrah, then MJ, and now Billy Mays. Entertainment will never be the same.

Billy Mays was the center of gravity when it came to selling Magic Putty, Oxy Clean… even ESPN. Now that he’s gone, there is a giant hole to fill in the universe. God knows the ShamWow guy isn’t up to the challenge, especially after he lost that fist-fight with a prostitute.

“The power of the air you breathe and the water you drink,” Billy used to say enthusiastically as he dissolved earth’s toughest stains in a tub of Oxy Clean. Genius. Today I overheard the following confession: “Man, Billy was the one who convinced me to buy Magic Putty!” Undoubtedly a life-changing purchase.

Billy Mays, you have left big shoes to fill. Fortunately, with 13 or so million people looking for jobs, I have all the confidence in the world that someone with big enough feet will rise to the challenge. But one final caveat to his successor: while you may be able to take Billy’s place in the world of telesales, his place in my heart is not up for grabs.

Rest In Peace, sweet sweet Billy Mays.

Who’s Hiring New Grads?

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Kiplinger has the answer. Each of these six companies, five of them large retailers, are hiring new grads in 2009:

  1. Container Store: 401(k), comprehensive health insurance for full- and part-timers
  2. Starbucks: 401(k), comprehensive health insurance for full- and part-timers, tuition reimbursement, discounted stock options
  3. Target: 401(k) matching, comprehensive health insurance for full- and part-timers, tuition reimbursement
  4. UPS: comprehensive health insurance for full-timers, discounted stock options, tuition reimbursement
  5. Wegman’s: 401(k) matching, comprehensive health insurance for full- and part-timers, tuition reimbursement
  6. Whole Foods: comprehensive health insurance, discounted stock options

They may not be glamorous, but the article claims that each of these six employers offers “decent pay, good benefits, and employee-friendly cultures.”

Someone’s Getting Paid…

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After announcing intentions last week to return $10 billion in TARP money to Uncle Sam, Goldman Sachs has since hinted at record bonuses for employees this year. According to the Guardian, Goldman will set aside $600 million in first-quarter profits to fund bonuses.

Says the Guardian:

These banks are intermediaries in the bond markets where governments and companies are raising billions of pounds of new money. There is also a lack of competition that means they can charge huge sums for doing business.

I expect that many readers at TheCanned.com will find this news nausiating. I would personally rather see the i-banks earn their way out of this rather than earn receive more money from the government. This lack of competition will be short-lived, as will the windfall profits from stimulus-bound sovereign debt isuance.

It’s tough to stomache, but it may just be another step in the right direction.

Pockets of Growth

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There were 2.5 million job openings in the US as of April Bureau of Labor Statistics data. This number is lower than months prior, but reflects three sectors that seem to have bottomed out in March and begun to increase:  Government, Restaurants, and Professional Services (likely led by accountants and lawyers).

Looking to the private side alone, a survey of hiring managers by the Society for Human Resource Management (SHRM) shows that 18% of companies plan to hire this month. The number jumps to almsot 25% for small- and mid-sized companies. Where 30% of large companies (>500) are planning to lay people off, almost 85% of small- and mid-sized companies plan to at least maintain staffing levels.

The most interesting part of the SHRM survey, however, is the increase from 1% to 13% in the number of companies that are uncertain whether they will hire, fire, or stay the course. I think this is an optimsitic sign. They might not buy into the “green shoots of recovery,” but they’re no longer bearish either.

Things might just be getting better. Slowly.