DO YOU KNOW ANYONE WHO'S LOST HIS OR HER JOB?

|

There's no denying the fact that the country is in aneconomic downturn that is affecting both small and largebusinesses. It's hardly surprising, then, that a staggering 75% ofthis week's poll respondents claim to know someone who's lost theirjob recently. Ten percent of that were people who are nowcollecting unemployment themselves. The remaining quarter of ourrespondents claim not to know anyone who's recently received a pinkslip. Ken Schier, managing partner of IS&L Architecture in FairLawn is one of that lucky minority. He talks about how his firmmanages to remain successful, even in trying times:

|

"No, I don't know anyone who's lost their job. We read thepapers and see that people are losing their jobs, although I don'tknow that New Jersey is being hit as hard as other areas. I read anarticle this morning that talked about how New Jersey was unique inthat it doesn't have a large presence of sectors such asmanufacturing and construction, where jobs are being lostnationally. We have employment in other sectors that aren'texperiencing as much loss.

|

"Regionally, because we're tied in with New York, I don't thinkwe're experiencing the downturn as badly as other areas. If youlook at real estate prices as a benchmark for that, New York priceshaven't really come down at all. Regionally, they've come downabout 9%, but if you look at Miami, they've come down about 25% inthe last year. That's indicative of the trend I'm talkingabout.

|

"For us, our firm is actually looking to hire people. Despitethe scuttlebutt on the street about the economy and the recessionand whether we're in one or going into one, we're actually findingour economy, our little world is very busy. We're looking forpeople.

|

"We have a formalized program for training intern architectscalled the IDP. It's set up and administered through the NationalCouncil of Architectural Registration Boards. In the program, agraduate architect, someone who's had five or six years offormalized education, comes and work for an architecture firm andis trained in certain areas. It's good basic training for thatintern before they sit for their architect's registration exam.

|

"We are unique in that we're a relatively new firm that resultedfrom the merger of two other firms. So, we've been pushing extrahard on our marketing effort, and we're now reaping the benefits.There are other architecture firms in our area that have slowed,and we're still busy and hiring."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.