Older workers expect higher pay yet are not as fast thinking as they used to be. If pay decreased slightly with age, companies wouldn't be so motivated to lay them off.
There is some irony in companies wanting to get rid of older workers. When we also hear from companies nowadays, how lacking the younger generation today is in their work habits, work ethic, productivity, etc.
While they will save on payroll and health costs by shedding older workers, their replacements will be the millenials who are lacking in the work ethic their older workers have.
This tells me they’re worried about short term performance and what worries me more. Bottom line of expenses compared with the liabilities of what they have invested for teachers and have promised as returns and what their current expenses are. To me it indicates a real problem.
The maternity leave AND taking off work every other week because a kid has to go to the doctor, etc. ... it adds up.
And as you say, they do not have the same work ethic that older workers do.
I have NEVER once seen that young woman WITHOUT her cell phone in her hand.... NEVER
yes.. I agree. I’m in just this situation. I have been for the past 12 years. And on it goes. The communication level of these young people is squat.. They do not use full sentences. I’m talking large corporations here. They call in sick when they haven’t done a number #2 any particular day... oh the horror!
And I’m like, do you agree? and you’re all : yeah we agree.. and I’m all... wow... agrement!
Older workers expect higher pay yet are not as fast thinking as they used to be. If pay decreased slightly with age, companies wouldn't be so motivated to lay them off.
And watch Corporate memory walk out the door. Saw this numerous time when I was in the workforce. Occasionally Karma would bite and the laid off old timer came back as a contractor at three or four times his old salary and for a long period of time.
Personally, I wouldn't have come back and let 'em squirm if I had critical info.
I wouldn’t write so much into this, the company obviously has found itself in some financial problems, so its trying to avoid flat out layoffs by offering those who are close to retirement age incentives to leave early... You aren’t going to convince a 30 year old to take early retirement, but someone in their 50s or 60s may be willing to take a lump sum over a few more years of work.
This is different the situation you are describing.