Episodes

  • Should you get an MBA?

    Should you get an MBA?
    Dec 17 2024
    In today's episode, our cohosts review the benefits of obtaining a Master of Business Administration (MBA) degree, as outlined by College Recruiter in the article "5 Reasons Why You Should Get an MBA." The article highlights the career advancement, financial gains, and personal development associated with an MBA. Key Ideas and Facts: Financial Gains: MBA graduates from top schools earn 50% higher salaries immediately after graduation, with salaries nearly doubling within five years. Expanded Career Options: An MBA isn't limited to business careers, as its managerial skills apply to various roles. It strengthens leadership skills and networking opportunities. It opens unexpected doors, like in software development and information security. Enhanced Knowledge and Skills: Equips individuals with strong financial decision-making skills, applicable in both personal and professional life. Provides the foundation for successful entrepreneurship, covering all aspects of business management. Improved Employability: Makes resumes stand out, showcasing dedication and advanced skills. Increases job security and bargaining power for salary negotiations and benefits. An MBA offers a significant return on investment, leading to increased earning potential, career advancement, and valuable skills applicable in diverse fields. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    13 mins
  • The most and least glamorous jobs for those early in their careers

    The most and least glamorous jobs for those early in their careers
    Dec 10 2024
    Today's episode was inspired by the article, "The most glamorous jobs", published by College Recruiter and written by Dan Malachowski of Salary.com. Our cohosts explore the concept of "glamour" in various jobs and compare it to the actual median salary these jobs offer. We discuss how glamorous jobs often come with lower pay, which some describe as the "glamour discount." Key Findings: Public perception of glamour doesn't always align with high salaries. While jobs like Fashion Designer and Event Planner were voted as highly glamorous, they don't offer high median salaries. Conversely, jobs like Actuary and Waste Manager, considered less glamorous, have higher median salaries. "Glamour discount" exists. "The high demand for certain glamorous jobs may even mean that the company will pay less, due to a large pool of applicants. This creates a ‘glamour discount’ in the marketplace, the potential that you will be paid a little less in return for the opportunity to call yourself something glitzy like a fashion designer." Media influence: Television and movies contribute to the perception of glamour surrounding certain professions like commercial real estate developers and interior designers. Listeners are urged to consider both glamour and financial compensation when choosing a career path. While a glamorous job title might be appealing, it doesn't necessarily guarantee a high salary. Ultimately, job seekers are advised to weigh their priorities and make informed decisions based on both personal fulfillment and financial stability. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    11 mins
  • Alternatives to the 9-5 jobs that dominate corporate employment

    Alternatives to the 9-5 jobs that dominate corporate employment
    Dec 3 2024
    In today's episode, our cohosts explore various non-traditional career paths offering meaning, flexibility, and potentially higher earning potential compared to a traditional 9-5 job. Main Themes: Desire for autonomy and flexibility: Many individuals are seeking alternatives to the rigid structure of a 9-5 job, desiring greater control over their schedules, work environment, and client selection. Importance of meaningful work: A recurring theme amongst those searching for these alternative career paths is the desire for a career that offer a sense of purpose, personal fulfillment, and direct impact on others. Leveraging skills and passions: Many alternatives involve identifying existing skills or passions and building a career around them, either independently or within a flexible work structure. Entrepreneurial spirit: An option is to start one's own business or consultancy, capitalizing on expertise and creating a personalized career path. Technological opportunities: The digital landscape and gig economy offer new avenues for remote work, freelancing, and online businesses. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    16 mins
  • Will a headhunter help a recent grad find a job?

    Will a headhunter help a recent grad find a job?
    Nov 26 2024
    It is important to understand the dynamics between job seekers, headhunters, and employers. Headhunters a/k/a executive search a/k/a third-party recruiters are compensated by employers, not candidates, so their priority is to meet the needs of their clients. Consequently, job seekers should tailor their approach to align with the requirements and preferences of potential employers, rather than focusing on the recruiter's personal preferences. When you do find a headhunter who is willing to work with you, pay close attention to their submission guidelines. They'll likely ask you for documents such as your CV/resume, transcripts, and any licensures. These documents will help them match you with a great role, but your ability and willingness to provide what they want when they want it and how they want it will demonstrate your attention to detail and ability to adhere to instructions, qualities valued by employers. Be sure to focus on recruiters specializing in your field to maximize the chances of finding suitable opportunities. Communicate regularly but not excessively. If it isn't clear to you what that means for the headhunter you're working with, ask them. You'll want to be sure to demonstrate a patient and respectful approach as your professionalism, or lack thereof, will reflect well or poorly on them as well. There are some good strategies to effectively engage with headhunters. Build a strong online presence through platforms like LinkedIn, contribute to industry-related websites, and establish a professional website. These all will help to showcase your expertise and attract attention. Networking, both online and offline, plays a crucial role in connecting with headhunters or their associates who may be seeking candidates with specific qualifications. There is also value in joining and becoming active with professional organizations and trade groups as headhunters often actively search these for talent. Joining such organizations not only increases visibility but also provides opportunities to connect with industry professionals who may offer job leads or support. Overall, we encourage a proactive and multifaceted approach to enhance visibility and make a strong impression on executive headhunters. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    45 mins
  • How to ask for an internship over the phone

    How to ask for an internship over the phone
    Nov 19 2024
    Probably something like 90 percent of candidates apply to the same 10 percent of job openings. Wouldn't it be better to be one of 10 percent applying to 90 percent of job openings? Adopt a targeted and strategic approach when searching for internships. This involves moving beyond simply submitting applications en masse and instead focusing on identifying companies that have established internship programs. Use resources like your college's career center and websites such as CollegeRecruiter.com to pinpoint these opportunities. It is important to find the correct point of contact within these organizations. Instead of relying on generic HR departments or online forms, strive to identify the individual specifically responsible for managing internships. This personalized approach can significantly increase your chances of getting noticed. Tailor your application materials, including your cover letter and resume, to explicitly state your interest in an internship rather than full-time employment. Highlight relevant skills and experiences and clearly articulate how they align with the potential internship projects at the company. Networking is a powerful way to secure an internship. Networking can be particularly valuable in a competitive internship landscape where personal connections can give you an edge. Begin by leveraging your existing network of colleagues, friends, and professional groups. Inform them about your internship search as they may have leads, insights, or connections that can help you. Additionally, consider conducting informational interviews with individuals working in your field of interest. These conversations can provide valuable insights, advice, and potential connections to internship opportunities. Attend relevant industry events such as conferences and workshops to expand your network and learn about companies that might offer internships. Some individuals will face unique challenges in their internship search. For instance, those with extensive experience might encounter concerns about being overqualified. In these cases, networking and clearly conveying your specific internship goals become even more critical. Sending unsolicited resumes might be less effective than networking, but there are ways to improve your chances of success. Following up with a phone call after sending your resume can be beneficial, but make sure to be prepared and respectful of the person's time. Sending an introductory email before making a call, even if it goes unanswered, can provide context and increase the likelihood of a positive response. Finally, remember that persistence is key. Don't be discouraged by initial silence. Multiple follow-ups through various channels such as email, phone, and even mail might be necessary to get your foot in the door. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    26 mins
  • Is it better to start your career at a small or large employer?

    Is it better to start your career at a small or large employer?
    Nov 12 2024
    College and university students, recent graduates, and others early in their careers are often attracted to employers with the strongest brand name. That makes sense as they're far more likely to know of an Apple or Walmart than small local shop that does business only with other businesses and has a name such as J&J Manufacturing. But employers with strong brand names are also often the largest employers. Is it better for someone early in their career to start their professional career at a small or large employer? Here are some considerations: Large companies, particularly those in the tech industry, are the primary employers of college graduates. These organizations have well-defined hiring processes and dedicated recruitment resources, unlike many smaller businesses. For example, Google is the top employer of graduates from prestigious institutions, including all eight Ivy League schools. Amazon is another major employer, especially in states like Pennsylvania, Indiana, and Arizona. Large companies often value diversity and inclusion. Amazon, for example, believes diversity fuels innovation and provides robust support networks for various demographic groups. A college degree is still important for many industries. Indeed, 80 percent of hiring managers surveyed said a college degree was essential for healthcare and engineering jobs. While experience is highly valued, college prestige also plays a role in hiring decisions. Large companies also play a significant role in the global talent pool and are therefore more attractive to international students and those on temporary work visas. Amazon leads in H-1B visa applications, indicating its reliance on international talent. Other prominent H-1B visa sponsors include Cognizant, EY, Tata Consultancy Services, and Microsoft. Overall, understanding the hiring practices, values, and scale of large companies can be beneficial for students and recent graduates navigating the job market. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    18 mins
  • How to get a job if you have a felony, misdemeanor, or other criminal record

    How to get a job if you have a felony, misdemeanor, or other criminal record
    Nov 4 2024
    The Challenge: Prevalence of criminal records: A significant number of students and graduates have criminal records, with an estimated 4% having felony convictions. Employer Reluctance: Many employers are hesitant to hire individuals with criminal histories, making the job search particularly challenging. Navigating Disclosure: Balancing honesty with strategic disclosure of criminal history is crucial. Key Strategies: Legal Empowerment: Know your rights: Understand state laws regarding pre-employment screening and expungement eligibility. Expungement/Sealing: Pursue record expungement or sealing for eligible offenses, potentially allowing legal denial of a criminal record. "Ban the Box" policies: Seek opportunities in locations that have adopted policies delaying background checks. Discrimination Protection: Familiarize yourself with laws like Title VII of the Civil Rights Act and the Fair Credit Reporting Act (FCRA) to challenge discriminatory practices. 2. Strategic Job Search: Target receptive industries: Focus on fields known to be more open to individuals with criminal records, such as skilled trades, technology, and certain government jobs. Networking: Leverage personal connections and reach out to organizations specializing in reentry and workforce development. Non-traditional methods: Utilize platforms like LinkedIn to build a professional network and showcase your skills. 3. Presenting Your Best Self: Honesty with discretion: Disclose your record truthfully when required but avoid unnecessary details. Highlight transferable skills: Emphasize relevant skills and experiences gained through education, part-time work, volunteering, or even incarceration. Demonstrate rehabilitation: Showcase personal growth, address past issues, and highlight positive changes. Exceptional presentation: Craft a polished resume, write tailored cover letters, and practice interview skills. Quotes from Experts: Jeffrey Korzenik: "The good news is that employers are more willing to consider a candidate with a record than they have been in decades, but the bad news is that a record is still a formidable barrier to getting hired." Melissa Clark: "The process [of expungement] can take six or seven months to complete in some states... and it is best to get the process started as soon as possible." Carisa Miklusak: "It’s always better to proactively discuss your situation with an employer, rather than addressing it once they find from your background results." Grant Aldrich: "People with criminal records should consider non-traditional methods to find a job... For example, some of the best jobs are not found on job boards but rather through LinkedIn connections." Additional Considerations: Entrepreneurship: Starting a business offers an alternative path to employment, allowing control and flexibility. Persistence and Positivity: Remain persistent in your job search, maintain a positive attitude, and seek support networks. Conclusion: Finding employment with a criminal record is challenging but not impossible. By understanding their rights, strategically approaching their job search, and presenting themselves effectively, individuals can overcome this barrier and achieve their career goals. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    19 mins
  • How to negotiate your starting salary and other compensation

    How to negotiate your starting salary and other compensation
    Nov 4 2024
    Main Themes: Negotiation is Expected: Employers anticipate some negotiation and view it as a sign of confidence and self-worth. Failing to negotiate can lead to being underpaid and signal a lack of advocacy skills. Preparation is Key: Thorough research on salary ranges, company culture, and potential benefits is crucial before entering any negotiation. Value-Based Negotiation: Highlighting your skills, experience, and potential contributions to the company strengthens your position. Beyond the Base Salary: Negotiation extends beyond just the base pay to encompass benefits, perks, and other non-monetary rewards. Tactful and Respectful Communication: Maintaining a positive and collaborative approach throughout the negotiation is essential to secure a favorable outcome. Important Ideas/Facts: Understanding Salary Ranges: Entry-level salaries vary greatly depending on industry, location, company size, and specific role. Researching salary ranges through online resources like O*NET, Glassdoor, Payscale, and College Recruiter's salary calculator is crucial. Quote: "Before entering a job interview, it’s vital that you know that [salary] range; use it when negotiating, and if you think you deserve more, bring solid arguments to support that claim." Quote: “My research shows me that your offer is somewhat under market salary. What can we do to bridge that gap?” Timing and Approach: Don't negotiate too early. Wait until you have received a job offer before initiating any salary discussions. Quote: "No successful candidate ever started a preliminary interview by outlining their wage requirements or benefits questions." Express enthusiasm and gratitude for the opportunity while clearly stating your desired compensation and benefits. Quote: "I’m truly excited about this opportunity...Based on my research...I was wondering if there’s any flexibility on [salary, start date, or benefits]." Be prepared to justify your requests with data, market research, and examples of your skills and accomplishments. Quote: "Pulling a number out of your hat is unconvincing...Coming in prepared is key to negotiating a job offer without risking your position." Negotiating Benefits and Perks: Consider negotiating for benefits like: Flexible work arrangements (e.g., remote work, flexible hours) Professional development opportunities Additional vacation time Sign-on bonus Tuition reimbursement Company car Quote: "Give some consideration to non-salary benefits...See if you can get away with getting a company car, better retirement contributions, vacation time, remote work options, or professional development opportunities baked into your offer..." Additional Tips: Be aware of your bottom line. Know your worth and be prepared to walk away if the offer doesn't meet your needs. Practice your negotiation skills. Consider participating in workshops or mock negotiations to build confidence. Remember, negotiation is a two-way street. Aim for a win-win situation that benefits both you and the employer. Conclusion: Negotiating your first salary can be intimidating, but it is a crucial step in establishing your value and setting the stage for future career success. By being prepared, confident, and tactful, you can increase your chances of securing a compensation package that reflects your worth. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    15 mins