How is the economy affecting you?

[gtfpv]

Originally Posted by QikSmurf

- "I'm a Tradesman and i finished year 12 at a top privet school, I'm one of the few of my mates who didn't go to Uni and yes I currently get payed more than what they do, but you know what i work for it.-"



Couldn't help myself........if you require further explanation you should have gone to privet school

Seriously though, in these difficult economic times, there will be some people that will do it tough. This isn't a joking mater. One of my mates was sacked last week and he has 2 kids and a mortgage to pay.

Overall -

The Good: Interest rates are at an all time low. Petrol prices are relatively low. Commodities are getting cheaper every day.

The Bad: Job loses. Super funds going south. Businesses going to the wall.

As an Employer I have noticed staff aren't getting offers to switch to a competitor. It also gives us an opportunity to cut some dead wood. Sounds harsh but until recently the job market has favoured the Employees for a long time.

congrats on privet? schooling , perhaps you should of went to a publik one.

[flappist]

Originally Posted by jcxr

In Victoria they dont want school leavers, they want people with a couple of years under their belt and have a little bit of life experiance. But back on topic ....

Well it is not just Victoria it is Queensland too. And the reason? Attitude.

If I had a dollar for every 17-18 year old who has come looking for work expecting 40 or 50k when they have no idea what they are doing (even though they think they are IT experts) I could have already retired.

The whole "If you fail you just get to do it again and again until you pass" and "You are an individual, no one has the right to tell you what to do" mentality has made the employment of school leavers far to costly and dangerous so many employers, like myself, just refuse outright to employ school leavers.

Is this fair, probably not. Is this reality, sure is. School leavers are a product of a very flawed system and until the system is fixed it will go on like this for ever.

[buggerlugs]

Originally Posted by QikSmurf

- "I'm a Tradesman and i finished year 12 at a top privet school, I'm one of the few of my mates who didn't go to Uni and yes I currently get payed more than what they do, but you know what i work for it.-"



Couldn't help myself........if you require further explanation you should have gone to privet school

Seriously though, in these difficult economic times, there will be some people that will do it tough. This isn't a joking mater. One of my mates was sacked last week and he has 2 kids and a mortgage to pay.

Overall -

The Good: Interest rates are at an all time low. Petrol prices are relatively low. Commodities are getting cheaper every day.

The Bad: Job loses. Super funds going south. Businesses going to the wall.

As an Employer I have noticed staff aren't getting offers to switch to a competitor. It also gives us an opportunity to cut some dead wood. Sounds harsh but until recently the job market has favoured the Employees for a long time.

Yeah, I know of 3 companies that have laid off staff and that is how they descibed it. "Getting rid of the dead wood"......

[StealthAu]

Originally Posted by flappist

Well it is not just Victoria it is Queensland too. And the reason? Attitude.

If I had a dollar for every 17-18 year old who has come looking for work expecting 40 or 50k when they have no idea what they are doing (even though they think they are IT experts) I could have already retired.

The whole "If you fail you just get to do it again and again until you pass" and "You are an individual, no one has the right to tell you what to do" mentality has made the employment of school leavers far to costly and dangerous so many employers, like myself, just refuse outright to employ school leavers.

Is this fair, probably not. Is this reality, sure is. School leavers are a product of a very flawed system and until the system is fixed it will go on like this for ever.

It works both ways tho. I've worked with people in there 50's who thought they were worth twice what they were getting and complained about it all day when the truth was someone fresh out of school and earning half as much could of done a better job then them.
Regardless of age or experiance, most think they are worth more then what they really are.

[Spanrz]

We lost 25 staff today, and potential of another 75 staff. Now being considered to a 9 day fortnight.

[flappist]

Originally Posted by StealthAu

It works both ways tho. I've worked with people in there 50's who thought they were worth twice what they were getting and complained about it all day when the truth was someone fresh out of school and earning half as much could of done a better job then them.
Regardless of age or experiance, most think they are worth more then what they really are.

Yes there are bad employees of all ages. The difference is the older ones have a track history so it is usually not hard to tell if they are not good.

But thank you for the typical "it is someone else who is at fault and not me, everyone else is just as bad" reply that is so common.

It would be refreshing for one to have someone, without prompting, ask "So what can I do to make myself more employable?"

[snappy]

Funny i get apprentices that dont earn alot but we were all started there.
But there attitude would be im not working harder till you pay me more instead of the attitude maybe if i work harder he will pay me more . So to me there dead wood

[gtfpv]

Originally Posted by flappist

Well it is not just Victoria it is Queensland too. And the reason? Attitude.

If I had a dollar for every 17-18 year old who has come looking for work expecting 40 or 50k when they have no idea what they are doing (even though they think they are IT experts) I could have already retired.

The whole "If you fail you just get to do it again and again until you pass" and "You are an individual, no one has the right to tell you what to do" mentality has made the employment of school leavers far to costly and dangerous so many employers, like myself, just refuse outright to employ school leavers.

Is this fair, probably not. Is this reality, sure is. School leavers are a product of a very flawed system and until the system is fixed it will go on like this for ever.

ahaaaa !!!! well said flappist . i knew one day there would be a post of yours where i 100% totally agree with you . well said .

[snappy]

On topic though this financial crisis is affecting me work in the private building sector has slowed up quite allot . To the point ive put my business on the backburner and begun working for somone else in the commercial sector working on goverment funded building at the moment .

[gtfpv]

Originally Posted by snappy84

Funny i get apprentices that dont earn alot but we were all started there.
But there attitude would be i not working harder till you pay me more instead of the attitude maybe if i work harder he will pay me more . So to me there dead wood

children definately have been brought up differant . when i was an apprentice , i had to do the job while the tradesman watched , and corrected . and i was expected to acheive , after a while , i was expected not to be shown things that were already tought to me . and if i couldnt , i'd have to explain why. also i had to be hands on without being asked , otherwise . ( theres the door) i had to pass with more than 70% studies or ( theres the door).
these days , the apprentices expect to watch you do the work whilst explaining to them what your doing :
the mentality is very differant .

[snappy]

Originally Posted by gtfpv

children definately have been brought up differant . when i was an apprentice , i had to do the job while the tradesman watched , and corrected . and i was expected to acheive , after a while , i was expected not to be shown things that were already tought to me . and if i couldnt , i'd have to explain why. also i had to be hands on without being asked , otherwise . ( theres the door) i had to pass with more than 70% studies or ( theres the door).
these days , the apprentices expect to watch you do the work whilst explaining to them what your doing :
the mentality is very differant .

Well put and is exactly right.
It is a big issue though ive been through a handful and have given up. I know alot of other tradesman to and they are having the same issue we have all moved on to mature aged apprentices much better investment or just stick with fully qualified workers but good ones cost you big money and dont often like been told what to do expecially if there older then you.

[IH8HSV]

I work in underground mining, and am worried about my job in this financial crises.

Although I work in Gold, The company I work for has huge investments in Nickle, which is worth nothing at the moment. So i worry about how long they can last.

I know AFF has a few miners on board and would like to hear if any feel insecure about there job.

[Bent8]

Hasn't affected me much.....yet!

I work for Telstra and just the other day they sacked the entire 2nd floor! (Inbound Residential sales)....just hours after Sol announced he was leaving Telstra in June and taking a cool $3M with him.

For those that are wondering why the sudden downturn in the world economy, here's my view on it...

Our whole banking system has been built on debt, this is the problem. You go to your bank and ask for a loan, so what does your bank do?...they create your loan amount out of thin air...then you pay it back with interest !!

This ponzi scheme (known as fractional reserve banking) started way back in 1913 when the Federal Reserve came into existence. Now nearly 100 years later the US dollar has lost over 95% of it's stock market value.

Add to this, the dodgy derivatives market which has gone into the quadrillions of dollars and you'll see why we are in another "engineered" depression.

[JamesR]

Originally Posted by gtfpv

children definately have been brought up differant . when i was an apprentice , i had to do the job while the tradesman watched , and corrected . and i was expected to acheive , after a while , i was expected not to be shown things that were already tought to me . and if i couldnt , i'd have to explain why. also i had to be hands on without being asked , otherwise . ( theres the door) i had to pass with more than 70% studies or ( theres the door).
these days , the apprentices expect to watch you do the work whilst explaining to them what your doing :
the mentality is very differant .

i'm currently an unemployed Fitter/CNC Machinist.
there isn't much work available in Gippsland, but i don't think that's entirely the fault of the 'economic downturn'.

but when i was given apprentices to look after, i always made them do the work, even if i had to tell them everything to do.
i think the best way for someone to learn is to do something themselves and a little bit of guidance doesn't hurt.

[macca13]

Well the mine I was working at shut just before xmas, I was lucky enough to get a transfer to another contract only to have it shut down ( about 6 weeks left) but luckily I have enough experience as a diesel/drill fitter and a good reputation to still have some options the guys that were riding the boom aren't so lucky.

[smasht]

I work in fitness both as a personal trainer (my own business) and at an RTO training new and upcoming personal trainers etc

For my business - im actually expending and taking on new ventures, as im seeing it through my business, it could not be better - clients are still paying lump sum payments and im having to knock clients back simply because i dont have the time

My fulltime job - same basically, there is no slow in the new students coming in (in fact i would say there is an increase and our prices have recently gone up)

now i understand that there are major problmes in the economy at the moment and due to that im preparing myself (to some extent - my car is booked in for custom tune and some work for sat :P) for what can happen. My sister and mum have been majory affected and im lucky enough to be in a suitation where i can help them out.

I feel for everyone affected and all i can do is wish and hope that you / we all get through it and to keep a positive spirit.

Cheers

[fordomatic]

it doesnt i cant even get sacked from my job, even if i wanted too

[QikSmurf]

Originally Posted by gtfpv

congrats on privet? schooling , perhaps you should of went to a publik one.

Good pick up mate : .......except I was quoting GREEN X you stupid git. I was taking the p$ss.

If you're going to go to the effort of making a point, at least have some clue about what it is you're saying.

[BPXR6T]

Went onto a voluntary three day week recently. Got a call from the CEO in person today basically saying I've lost my job. I took the job about three months ago. Last in first out kind of situation.

Not sure what I'll do now. Maybe use this as an opportunity to get out of IT and retrain. Not sure as what.

[Cookie-XR8]

got told today no work for about a month, its causing lots of problems