I’m holding out for something better

Second-year M.B.A. students at a number of schools are holding out for the perfect job, even if that means rejecting safe-bet offers and graduating into unemployment. The attitude reflects a major shift from just a couple of years ago, when business students aimed to lock in their postgraduation plans by winter break and those still looking in April were assumed to be deficient in some way…Bloom Energy, which taps M.B.A. students for 5% to 8% of its new hires, doesn’t recruit on a set schedule and rarely does so for positions more than six months ahead of time. That means those who want to start work after graduation generally only stand a chance at getting a job in the spring. And they’re willing to wait, said Helen Textor, director of global recruiting and staffing at the Sunnyvale, Calif., clean energy firm. “I’m surprised often at how comfortable they are” turning down other offers, knowing a job at Bloom is far from a sure bet, she said. [WSJ]

Scott Nicholson is a 24 year-old Colgate alum who’s yet to have a job since graduating college in 2008. He’s famous today not because he’s unemployed– lots of relatively recent grads are sans employment so he’s not special in that respect– but because he’s the main character in a delightful Times story about his journey to find a job that fits the mold of his dreams. The “unemployed” status, you see, is a tool of Scott’s own making. He could’ve had a job– five months ago, the Hanover Insurance Group offered him one as an associate claims adjuster in their Worcester, at $40,000 a year– but he decided to turn it down.

Rather than waste early years in dead-end work, he reasoned, he would hold out for a corporate position that would draw on his college training and put him, as he sees it, on the bottom rungs of a career ladder.

A lofty goal but as he is living at home with his parents in Grafton, Massachusetts, rent and expenses free, Scott figured he had all the time in the world to make it happen. That was until a certain couplea jerks decided to start fucking with his master plan. Read more »