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Hello all and Happy Thanksgiving! Gratitude is so important for our wellbeing and meditation allows me to harness my gratitude without stop. Come join a free virtual guided meditation class tonight. Here’s the link: 🍃Topic: Lighten the Mind
Time: Nov 25, 2020 09:00 PM Eastern Time (US and Canada)
Zoom ID: 812 7894 8784
Zoom Link: https://us02web.zoom.us/j/81278948784
Black women made the career switch from corporate America to entrepreneurship during Covid-19. While it appears entrepreneurship was deemed a necessity, Black women were the largest group of new business owners closely followed by Latina women. These businesses have high growth potential but why is access to finding still a barrier?
Share your thoughts on why.
https://amp.theguardian.com/business/2022/feb/12/black-women-say-goodbye-to-the-job-and-hello-to-their-own-businesses
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Any PgM level 4 or 5 here?
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How have you evolved your support and mentorship style to cater differently to this new generation of hires who had to manage difficult situations during their education journey? ^^ doing the same and keep expecting the same doesn’t work when the world and generations move around you
If we say the quiet part out loud, absolutely
There’s still excellent hires, but the dud rate is remarkably higher, and the number of ethics/values violations I’ve seen on top of just incompetence is astounding
Chief
Not surprised. Reminds me of that post a few weeks ago where someone charged $10K in personal expenses in 30 days to their corporate AMEX saying it was an emergency, but wondering if they were going to get fired. Couldn’t understand what the big deal was. Someone on the thread was trying to coach the OP on finding ways to make it business expenses. Like wtf is going on here??
Rising Star
A few things to unpack here:
It’s like clockwork for professionals with around 2-6 years of experience to complain about the next cohort coming up. I can guarantee you the cohort that came a few years before you was saying the same thing just as the one that came before them.
In addition, up until 2020 and especially until around 2016, there was a very toxic mindset among the more elite profesional services orgs of what it meant to be a good worker and willingness to make MD/Partner. Younger generations see this for what it really is and don’t have same buy-in to the toxic system.
This is exactly it. I was writing something similar but than I saw your post D1. Everyone probably said the same thing about OP!
Have had more issues with experienced hires. Complete dogshit! Even folks with 10+ years of experience
Rising Star
I was going to say this. The scariest thing is a new hire manager.
Can’t blame the juniors, even we don’t want to do this half the time. At least most of them have the sense to do the bare minimum and get out.
I’ll still be here grinding the gears at 50 in the hope I’ll make MD
Chief
Some stars. Some weak talent. Some stuck up talent that won’t listen. A lot of busy managers and Directors who don’t have time to teach these days
I wonder if the allure of consulting has also worn off. Working 50+ hours for the hope of a better WLB & pay does not seem as attractive these days.
Esp without the travel to Ohio and the associated expense account
Yes, it’s noticeable. Agree with the point above that a lot of it is poor onboarding of new hires during Mid-COVID, when firms were desperate to staff projects. Likely no attention to standards or building core competence from directors/ SMs bc most projects were so understaffed combined with 2 years of lost social skill development due to the virtual world. Bear in mind your brain doesn’t finish developing until age 25 for most.
Consequently, seeing analysts/ associates now who have awful attitudes day to day and demonstrate aggression towards clients, peers, and managers - which previously would be unheard of and not tolerated at all in a job like consulting.
Now that we’re normalizing to adequate staffing/ pre-pandemic expectations, the bad habits reinforced over and over are starting to show. Usually these folks dig their own graves so the best thing sometimes is to let things take their own course if you’ve done what you can.
Chief
Good post
They are all pivoting to tech and the jobs on tiktok that boast a great WLB whilst being paid $$$
Very true but it’s where the layoffs are..
I don’t really work with campus hires but we were handing out offers to experienced hires like candy in 2020-2021
Can confirm
Chief
The analysts we have at our boutique are pretty spectacular relative to some of the ones we had in the prior years.
Chief
Quality has gone down across the board. Not just new hires. COVID transformed everyone's mindset toward work.
I feel like the opposite at my firm, at least with the (good) teams I work with. When there was no commuting or office events or even walking across the office between meetings, and knowing you could maybe multitask on a few zoom meetings during the day, people packed their schedules to the gills. Now that we're back in the office and traveling to the client site and chatting with colleagues between meetings (all good things, i think), I feel like I have so much less time in my day and have to re-calibrate how much work I take on.