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

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[quote=Anonymous][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]

Yes, well, work-study positions don't have those kinds of restrictions, so you can get a reference for a student who has had an on-campus job.

(That said, I've never had any problem getting references for any of the 50 or so folks I've hired in the past few years. Yes, I'm sure many of their employers had no-reference policies, but managers are still willing to give references for good people. I've also given references, against my company's policy, for people who are good and who I want to see succeed. Being unable to provide any references would be a huge red flag.)[/quote]

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