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Not just here, in the West too

besotted

Alfrescian
Loyal
In the last few months I have been saying repeatedly how spoilt our youngsters are and how we should have more FT as well as a tough recession to wake this idiots up

These softies never experienced hardship before and think so highly of themselves. So in that sense the recession is a damn good disciplinary device.

Apparently the West also has the same problem with these youngsters as shown by the Economist article below

Maybe they should open their doors to PRC workers too. That should wake them up



http://www.economist.com/opinion/displaystory.cfm?story_id=1863573
Management

Generation Y goes to work
Dec 30th 2008 | SAN FRANCISCO
From The Economist print edition

Reality bites for young workers


JESSICA BUCHSBAUM first noticed that something had changed in May 2008. The head of recruitment for a law firm in Florida, Ms Buchsbaum was used to interviewing young candidates for summer internships who seemed to think that the world owed them a living. Many applicants expected the firm to promote itself to them rather than the other way around. However, last May’s crop were far more humble. “The tone had changed from ‘What can you do for me?’ to ‘Here’s what I can do for you’,” she says.

The global downturn has been a brutal awakening for the youngest members of the workforce—variously dubbed “the Millennials”, “Generation Y” or “the Net Generation” by social researchers. “Net Geners” are, roughly, people born in the 1980s and 1990s. Those old enough to have passed from school and university into work had got used to a world in which jobs were plentiful and firms fell over one another to recruit them. Now their prospects are grimmer. According to America’s Bureau of Labour Statistics, the unemployment rate among people in their 20s increased significantly in the two most recent recessions in the United States. It is likely to do so again as industries such as finance and technology, which employ lots of young people, axe thousands of jobs.

This is creating new problems for managers. Because of the downturn, Net Geners are finding it harder to hop to new jobs. At the same time, their dissatisfaction is growing as crisis-hit firms adopt more of a command-and-control approach to management—the antithesis of the open, collaborative style that young workers prefer. Less autonomy and more directives have sparked complaints among Net Geners that offices and factories have become “pressure cookers” and “boiler rooms”. “The recession is creating lower turnover, but also higher frustration among young people stuck in jobs,” warns Cam Marston, a consultant who advises companies on inter-generational matters.
 

VIBGYOR

Alfrescian
Loyal
we are begining to be like them.

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