Weekly Digest: Sunday, June 28, 2015

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It has been an interesting week.  The purpose of this post is to summarize the postings on Wicked Good HR and add in some other posts of interest.

America Lurched Forward This Week: Northern Lights, a Civil War Battle Flag has been censured, and the Rainbow flag of marriage equality is flying across the land.

These were intended as the Five for Friday posting that never made it into production.

Retirement Can’t Wait: by Labor Secretary Perez: A lifetime dedicated to hard work deserves a dignified retirement.

Sidebar:  One morning on NPR, an economist explained that retirement was evolving from a three to four legged stool.  The three legs are a pension, personal savings, and social security. The fourth leg is called work.  News flash, four legged stools are really chairs. Sad news – Americans are not saving enough for retirement and the average social security payment is nearly at the federal poverty level.

Meet the #SHRM15 Bloggers:  The theme for the #SHRM15 Bloggers Lounge is “What happens in Vegas won’t stay in Vegas!”

Which is pretty much how everything is now in this day of Facebook, Twitter, LinkedIN and Instagram.  A hashtag search on Instagram shows 306 postings so far, along with several other derivative hashtags. Expect steady trending growth on Instagram:

  • SHRM12: 1,015 posts
  • SHRM13:  3,215 posts
  • SHRM14:  2,674 posts
  • SHRM 15: ?,??? posts

Besides the whole picture is worth a thousand word thing, be sure to check out the #SHRM15 bloggers.

Why I Defaulted on Student Loans:  by Lee Siegel, published in the New York Times.

Years later, I found myself confronted with a choice that too many people have had to and will have to face. I could give up what had become my vocation (in my case, being a writer) and take a job that I didn’t want in order to repay the huge debt I had accumulated in college and graduate school. Or I could take what I had been led to believe was both the morally and legally reprehensible step of defaulting on my student loans, which was the only way I could survive without wasting my life in a job that had nothing to do with my particular usefulness to society.

I chose life. That is to say, I defaulted on my student loans.

There is one answer as to why Americans are not saving enough to retire ~ the Student Loan debt burden is an elephant in the economy.

Student loan debt is at a record high of $1.1 trillion, and the average undergraduate who borrows to attend school graduates nearly $30,000 in debt. This according to the New York Times.

And to close with something both profound and light hearted.  Jim Carrey’s commencement speech.  There are several versions, short to full length.  Google them, watch them all, don’t be afraid to tell the universe what you want and help other people.

That’s it for this week.

Face Up To Fear

Fear is a question.
What are you afraid of & why?
Our fears a treasure house of 
self-knowledge if we explore them.

~Marilyn French ~

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