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Originally Posted by S2kphile
True and that is why companies will hire the 30-50+yr old unemployed man/woman with experience & degree over a fresh graduate because that person will probably work for the same or less because they have more responsible ie families, mortgages, bills, etc. And as result of this it's getting harder in this economic climate to find decent jobs.
I'm starting to feel sorry for the numerous amount of graduates that are having a hard time starting their careers. It is what it is. I'm just glad I'm one of the few that is lucky enough to enjoy what I do and do what I love.
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That's a double-edged sword. Because of families, mortgages, bills, the middle-aged, experienced employee is sometimes going to require a higher salary, because of the existing standard of living that he/she must meet. Plus, you may be trying to hire that person away from another company, and that may take money.
The fresh grad can be had for pennies on the dollar, especially in today's market, because they have the expectation of getting their foot in the door and making more later. What the experienced prospect has over the fresh grad is experience (won't need training), possibly professionalism, and probably more industry knowledge. What the fresh grad has is energy, motivation, and less existing debt (probably).
At least, that's what I've seen. And ideally, you'd hire one of each and let the old one's knowledge guide the young one while the younger's enthusiasm rubs off on the older.