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Rich parents trade internship places with other rich parents

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Lord Percy
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PostPosted: 14:03 - 24 Jun 2015    Post subject: Rich parents trade internship places with other rich parents Reply with quote

Difficult to explain in the title but this to me is a shining example of how unequal society still is.

Article here: https://graduatefog.co.uk/2015/4111/myinternswap-internship-parents-go-online-to-trade-work-placements/

Rich parents in top companies can offer free internship positions on the website 'myInterSwap', in exchange for their own children being given internships elsewhere.

Example:

https://graduatefog.co.uk/wp-content/uploads/2015/06/BBC-myinternswap.jpg

This person is offering a position at their London-based publishing organisation, in return for their own child (educated at London City School for Boys which I know is a good £15000ish per term because my rather rich mate went there) being given a position somewhere too.

Meanwhile the rest of us who don't run 'desirable' companies or have managerial positions which might allow us to offer such a thing... well we just get on as is.

Not that this is anything new, but it certainly makes things a lot easier for those who already use such methods.
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Ste
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PostPosted: 14:11 - 24 Jun 2015    Post subject: Reply with quote

"educated at London City School for Boys which I know is a good £15000ish per term because my rather rich mate went there"

Not quite... https://www.clsb.org.uk/fees
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J4mes
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PostPosted: 14:16 - 24 Jun 2015    Post subject: Reply with quote

Per term Ste, isn't there normally 3 terms in a year?

4900x3+lunch=jealous bawing?
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Ste
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PostPosted: 14:20 - 24 Jun 2015    Post subject: Reply with quote

Yes, there are three terms in a school year.

Lord Percy says "£15000ish per term".

Whilst the schools website "£4962 per term".

Wink
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Lord Percy
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PostPosted: 14:21 - 24 Jun 2015    Post subject: Reply with quote

Ste wrote:
"educated at London City School for Boys which I know is a good £15000ish per term because my rather rich mate went there"

Not quite... https://www.clsb.org.uk/fees


Alright pedant. I hazarded a guess and was a bit off the mark. Anyway it's beside the point, it's still a private school. I wanted to highlight how it just always seems to be a thing reserved for people with money...
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NJD
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PostPosted: 14:22 - 24 Jun 2015    Post subject: Reply with quote

"School lunch is provided at a cost of £229 per term." if that's a fixed rate then it's quite a good deal considering that I see the same couple come into my work place every couple of weeks and often spending just under that (yes, the place and them are a little upmarket) on food shopping.

Can I visit there just for lunch to same me money in the long run?

The picture on that link shows no real signs of snobbery, maybe young lads with parents that have a bit of money on the side for their education.

I'd be concerned that a lot of older lads are smiling and clapping at one young helpless individual, lack of females makes me think he's in for a good time Shocked Laughing
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J4mes
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PostPosted: 14:23 - 24 Jun 2015    Post subject: Reply with quote

Ste wrote:
Yes, there are three terms in a school year.

Lord Percy says "£15000ish per term".

Whilst the schools website "£4962 per term".

Wink


I bow down to your reading comprehension skills.

Embarassed
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J4mes
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PostPosted: 14:26 - 24 Jun 2015    Post subject: Reply with quote

Lord Percy wrote:
Ste wrote:
"educated at London City School for Boys which I know is a good £15000ish per term because my rather rich mate went there"

Not quite... https://www.clsb.org.uk/fees


Alright pedant. I hazarded a guess and was a bit off the mark. Anyway it's beside the point, it's still a private school. I wanted to highlight how it just always seems to be a thing reserved for people with money...


Start one for the peasants then?

My son will weed your turnip field and in return your daughter can scrub my floors.

A roaring success I expect?
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Lord Percy
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PostPosted: 14:35 - 24 Jun 2015    Post subject: Reply with quote

J4mes wrote:


Start one for the peasants then?

My son will weed your turnip field and in return your daughter can scrub my floors.

A roaring success I expect?


Fantastic idea Laughing

An alternative would be to call Channel 4 and have them produce a reality TV show where rich parents do internship swaps with poor parents.

Have Tarquin and Hermione go to work (for free) at a Tesco Express in Greenock for an extended period of time, while Average Jimmy gets sent to have a go at helping Lord High-Worthington manage his law consultancy affairs at his Kensington based office.
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Ste
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PostPosted: 15:01 - 24 Jun 2015    Post subject: Reply with quote

"I wanted to highlight how it just always seems to be a thing reserved for people with money"

Looking through that myinternship website it seems to mostly be uni students after placements.

Only seen a couple of ads from public school parents and even then, I've found one from someone at Marlborough College and that's it for the big prestigious private schools.

I've found more ads on there from state schools / academies than I have from private schools. Confused
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Itchy
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PostPosted: 15:03 - 24 Jun 2015    Post subject: Re: Rich parents trade internship places with other rich par Reply with quote

Lord Percy wrote:
Difficult to explain in the title but this to me is a shining example of how unequal society still is..


Oh don't worry it almost always equalises itself out eventually if the market is allowed to work its magic. There is a well known Chinese saying
"富不过三代 " wealth only lasts three generations* (or less).

Accountants know this quite well too.

Take a look at the Tetrapack millionaire heirs. Or the Rhinehart family in Australia. Her daddy gave Gina the company, she was smart enough to get good advisers. Her children are now squabbling over the stipends they get. All they care about is the stipends they have never been involved in the company. Same thing with Li Ka Shing richest man in Asia for 20 years. His sons are to take the mantle when he dies. Except his sons are useless playboys who go out drinking every night. Once Li dies the company will more than likely crater.

It almost always goes like this.

Grand dad opens up a small company brutalises himself to grow the company, he sweats blood and tears to grow the company. He has a son or a daughter who is involved in the running of the company and sees the sweating of blood and tears and often has to sacrifice a lot to grow the company. This person has a son/daughter while the company is established and making money. They turn 18 get an executive position, company credit card company car and have no idea how to run the company... the company shortly after gets run into the ground.
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Lord Percy
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PostPosted: 15:17 - 24 Jun 2015    Post subject: Reply with quote

Ste wrote:
"I wanted to highlight how it just always seems to be a thing reserved for people with money"

Looking through that myinternship website it seems to mostly be uni students after placements.

Only seen a couple of ads from public school parents and even then, I've found one from someone at Marlborough College and that's it for the big prestigious private schools.

I've found more ads on there from state schools / academies than I have from private schools. Confused


I think you're missing the bigger picture and just trying to criticise the OP because that's what you usually tend to do. My 'private schooling' comment isn't actually relevant at all.

Do you think it's ok for people to play swapsies with internship positions for their kids, and for the kids of people with other internships to offer? Sounds a bit too exclusive to me. Do you think it's fair that this can only be done by those who are fortunate enough to be in such a position to do so?

I know the issue is nothing new, but this new website really doesn't help anyone but the lucky few. It actually makes things easier for them. Is that a good thing for the rest of us?
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Lord Percy
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PostPosted: 15:18 - 24 Jun 2015    Post subject: Re: Rich parents trade internship places with other rich par Reply with quote

Itchy wrote:

Oh don't worry it almost always equalises itself out eventually if the market is allowed to work its magic. There is a well known Chinese saying
"富不过三代 " wealth only lasts three generations* (or less).


Fair point. Although it still doesn't get around the fact that the continuously poor people are further excluded thanks to websites and ideas like this 'myInterSwap' thing.
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Ste
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PostPosted: 15:28 - 24 Jun 2015    Post subject: Reply with quote

The private schooling comments appear to be just as wrong as the rich comments. Confused

Parents can swap internships if they want to, I doubt internships obtained in that way are actually of much value on a CV. I can't see a placement arranged by mum or dad will interest potential employers nearly as much as someone who's got a placement from the merit of their work rather than who their parents know.

"doesn't help anyone but the lucky few"

The lucky few being those who look at the website and discover that rich public school kids are in the minority on there?

"It actually makes things easier for them. Is that a good thing for the rest of us?"

For them? I assume by that you're meaning the privately educated rich kids who seem to be a minority on there?
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Lord Percy
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PostPosted: 16:12 - 24 Jun 2015    Post subject: Reply with quote

Ste wrote:
The private schooling comments appear to be just as wrong as the rich comments. Confused

Parents can swap internships if they want to, I doubt internships obtained in that way are actually of much value on a CV. I can't see a placement arranged by mum or dad will interest potential employers nearly as much as someone who's got a placement from the merit of their work rather than who their parents know.

"doesn't help anyone but the lucky few"

The lucky few being those who look at the website and discover that rich public school kids are in the minority on there?

"It actually makes things easier for them. Is that a good thing for the rest of us?"

For them? I assume by that you're meaning the privately educated rich kids who seem to be a minority on there?


Do you know what that website is all about? I think you've missed a bit of info.

It's for people to offer internships, in return for their own kids being given an internship.

So no, it's not anything to do with private education. I stupidly used that to add a bit of biased weight to the thread. Bad move, but hey ho I did it.

My point still stands. The whole thing is only accessible to those in high managerial positions and those who own their own business who can generate and offer such internships.

It's of course a natural thing to help out your family in such a way. But this website only makes thing worse. Where once it was just rich people using their personal connections to help each other out, they can now access a whole pool of others. Meanwhile the rest of us have nothing to offer for that website, and so get nothing in return. It's just another degree of separation between the privileged and the rest.

And do you really think everyone writes on their CV exactly how they achieved their placements? That sort of thing can be quite easily buried or overlooked. I doubt many recruiters or interviewers would go to the trouble to research the way someone has gained their work experience. Experience is experience and that's that. And it's now far easier for a certain select few to get it...
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Ste
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PostPosted: 16:30 - 24 Jun 2015    Post subject: Reply with quote

It's an incredibly tame example of old boys networks and the degrees of separation in society. Laughing

The site says nothing about high managerial positions, the offers and requests are incredibly vague so I doubt they're anything significant.

"the rest of us have nothing to offer for that website"

Speak for yourself. Wink
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arry
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PostPosted: 16:37 - 24 Jun 2015    Post subject: Reply with quote

I have interns working in my business at the moment. They tend to come in from an existing lead - for example one that I have is the son of one of our producers - but that's not the only reason he's here; he had a good CV and interviewed well.
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Ste
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PostPosted: 16:39 - 24 Jun 2015    Post subject: Reply with quote

Why didn't you recruit a local disadvantaged yoof for the placement? Crying or Very sad
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Lord Percy
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PostPosted: 16:50 - 24 Jun 2015    Post subject: Reply with quote

Ste wrote:

"the rest of us have nothing to offer for that website"

Speak for yourself. Wink


I suppose I could offer a position as my personal cleaner. In return, I hope to be given an opportunity to experience working for Really Big Corporation Ltd as a Really Special Intern.

That's how this is all meant to work, right? Very Happy . Equal placement opportunities, social mobility, and all those other things the government claims to champion for us all.
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Lord Percy
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PostPosted: 16:53 - 24 Jun 2015    Post subject: Reply with quote

I saw an interesting point on one article I read about this.

The government makes all kids do work experience at 16 years old. But kids are left to find their own work. So even at that stage in life, the kids with families with contacts are given a little bit of an edge over the others.

I suppose it's still a young age and may not be hugely relevant in the long run. But it would be good to see the government getting a bit more involved, maybe with schemes to ensure the right school kids go to the most suitable positions, based on academic merit or something.
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Itchy
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PostPosted: 16:57 - 24 Jun 2015    Post subject: Reply with quote

Lord Percy wrote:
But it would be good to see the government getting a bit more involved, maybe with schemes to ensure the right school kids go to the most suitable positions, based on academic merit or something.



The thing is though there are closed networks at all levels in society. Consider council jobs. You can only get a job with the council if you know somebody who works there. The hiring process is a sham and exists to give it a thin veneer of credibility.

Putting it into government hands does not reduce the nepotism or the corruption of such a system. UK councils and government bodies make Chinese corruption look tame.
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wr6133
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PostPosted: 17:20 - 24 Jun 2015    Post subject: Reply with quote

I'm a bit stoned but if I'm reading the OP's picture right someone is offering an internship with the BBC (something we all pay for) in exchange for an internship that would further the personal career of their own spawn? Surely the BBC has rules against that?
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Itchy
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PostPosted: 17:33 - 24 Jun 2015    Post subject: Reply with quote

wr6133 wrote:
I'm a bit stoned but if I'm reading the OP's picture right someone is offering an internship with the BBC (something we all pay for) in exchange for an internship that would further the personal career of their own spawn? Surely the BBC has rules against that?


Ever seen a public sector application form? There is a box at the bottom usually do any of your family defined as etc etc. Work in this organisation. You simply tick the box which says no.

Like when journalists go to Russia or China they tick the box which asks are you a journalist? Y/N journalist or not you tick the N box.
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delsol
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PostPosted: 17:55 - 24 Jun 2015    Post subject: Reply with quote

wr6133 wrote:
I'm a bit stoned


Why only a 'bit', buy better weed Thumbs Up
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arry
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PostPosted: 18:03 - 24 Jun 2015    Post subject: Reply with quote

Ste wrote:
Why didn't you recruit a local disadvantaged yoof for the placement? Crying or Very sad


None of them used their initiative to make an approach. If any do, I'll consider them on their individual merits.

I do have one member of my staff that was taken from a disadvantaged background and paid for to go through university then given a graduate placement contract. And he's a Muslim. Great positive discrimination related public relations lol.
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