Reply to Parents, How Much $ Did/Will You Allocate for Allowance?

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[quote=Anonymous][quote=Anonymous]Well, here's another hiring manager chiming in that I highly value paid work experience, even if it is unrelated to the field, much moreso than unpaid internships.  When I am hiring recent college graduates, it stands out like a glaring beacon if the college student has no paid work experiences from summers.  I have been burned far too many times by spoiled, entitled recent grads who have no work ethic and act like they're doing me a favor by existing in my workplace.  I want to see that potential employees have worked - truly worked - and I always call previous managers to make sure they are hardworking, punctual, and dedicated.

As for allowances, I provide a weekly allowance equal to my child's age in dollars until age 18.  Until age 16, I require my kids to save half of the allowance in a savings account.

My kids are not in college yet, but the best systems that I've heard of are when parents help to match a child's savings, not just provide blanket support.  I think it would be reasonable to match the first $1,000 a child saves per year.  I'd also match up to $5,000 to purchase a teen's first vehicle (but make the student pay for his/her own insurance, gas, maintenance, etc.).  I'm also planning to offer matching on purchasing a computer.  Matching is a big incentive to save, and it encourages the habits I want to encourage, while having students have "skin in the game".[/quote]

Just where do you work and what kind of previous employers are you calling for references? At the large CA-based company where I was a hiring manager for years, it was strictly against company policy to provide any information about previous employees except length of tenure. [/quote]

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