Posted on 06/09/2019 5:15:35 AM PDT by Galatians328
At least where I work, the HR department is mostly comprised of black women.
The only time they come begging is when they’ve blown up their project. Consultants earn big bucks
You story is repeated all to often
My son, engineer, was the best at his job at Verizon. There was no one who could match his skills and knowledge.. he was paid well.. verizon has no trouble raising their prices and no trouble gaining customers.. it’s greed to lay off every employer all over the country. And hire replacements at less pay. No care about all those who worked for the company all those years and ended up jobless at that age. We are talking about thousands over the 3 years.
By 2010 I started seeing articles in industry publications authored by business advisors who specialize in succession planning for professional firms ... and they were pointing to a disturbing trend where fewer and fewer young professionals had any interest in this type of career path. As an result, many smaller firms in my industry have been acquired by larger firms over the last decade, and those no-longer-young professionals are usually the first targets for downsizing when the larger firm looks to trim costs.
Up or Out, isn’t just for the military.
"Hey, you're young and swingin'
No time to think about tomorrow
But there ain't no way to deny it
Someday you're gonna buy it."
Perhaps, but I agree with the OP: It’s a topic for FR.
I know for a fact that there is age discrimination still ongoing in my pig of a liberal-run state at the very least (there are other national indicators as well), but no one is taking companies to task due to failure of federal authorities to set the standard (head-in-the-sand effect).
Dismissing the problem solely due to the NYT’s sourcing would be an egregious mistake.
Well gen X generation already know we had to save from day 1. Boomers are the last of the gravy train. Boomers get 80 percent pensions and generous free health care for life and yet still stick around.
I agree on getting out of the way, and wish I could do it at 65 because I am physically and emotionally ready for it. I have found that being the last one standing out of a happy band who used to really enjoy working together can be a bittersweet experience. My maternal grandmother outlived all of her friends, siblings and cousins, leading her to observe that longevity isn't bad but isn't all it is cracked up to be... it is the same in the workplace.
I have recently turned 65, and it is very true that there is little opportunity beyond “Welcome to WalMart” where I live. The company I worked for until six months ago, began to find fault with everything I did, and eventually terminated me. EEOC determined that I was terminated without reasonable cause. But it will take two years and numerous legal events before we get this settled. I was there for years, about a month before I was pushed out, I found their ad for my position on a national job site. They replaced me for about a third on my salary. I kept my eye on their ad, since then. It has run about every three to six weeks since I left there. An old friend there said they can’t keep anyone in the position, either they can’t do the work reliably or they leave for a better job.
In the last few months I have had many prospects, but when the interview comes... Not interested. I even got halfway through new employee orientation with one employer, and one day in the classroom, one of the bosses walked in, looked around, and the next break, I was informed of a problem with my paperwork, and asked to wait for a callback that never came. Just to be clear, out of the 49 people in the group, I was the ONLY White Male.
In the long run, I suppose it is better that I won’t live long enough to see how this will eventually destroy everything that used to hold the World together. Experience, knowledge, and skill, will be replaced by “systems” that no one will know how to repair, and what to do when they fail. A lot of skill and knowledge from befor computers and automation is being lost, and it will be a lot harder to relearn in the future.
No, they don't.
That sort of defined-benefit disappeared from most private sector jobs several decades ago. Even the newer generation of Government employees get sharply reduced benefits - and most State and Municipal pension plans will be insolvent in three or four years.
The Boomers' 401K programs have been systematically looted by vampire financial managers, automated high-speed trading systems and inflation. Even after the Government manages to steal what remains and pass out some swag to their Millennial supporters, there will not enough left to support your generation.
As they said in the movie "Logan's Run", "There is no Sanctuary."
Yes, it has. A year or two ago, I read of a study that claimed (and had some statistics to back it up; seems it was a writers’ organization publication), that the publishing discriminates blatantly against those over 60, the handicapped, and women while favoring young males.
If so your employer is the exception to the rule. In corporate America merit has been replaced by diversity and post modernism.
As a Gen-Xer, I have lived my life with the simple advice that I must prepare to support myself and not depend on anyone, else be disappointed. I believe that point is an underlying thread of the issue of ageism. We are all going to be replaced.
For myself, I very much look forward to the day I can retire and having earned, saved and invested enough money that I can work at a Chick-fil-a, greeting folks and serving them fantastic meals, all the while working and supporting a Christian and family based company.
But not just yet...
JoMa
No time to think about tomorrow
But there ain't no way to deny it
Someday you're gonna buy it."
You know, that ain't helping me here!!!
“We still have baby boomers hitting 70 to 74 still working. It’s so dang selfish. The young will never get to advance due to these folks that refuse to leave.”
When financial news reported that the bailout of 2007/2008 would add x years to the average Americans’ working life, this is exactly what they meant; many people in this demographic can’t afford to retire.
If a company could replace a 75 year old worker with a younger one without loss of production, they probably would - to save money and roll back the clock on any benefits (like vacation) that may accrue over a long career.
I think a lot of the marginalization of white males in the workforce is only possible because the decision-makers are spending other peoples’ money. I’ve watched older white guys retire (or “be retired”) only to be replaced by pairs of women - and the cost is much higher, with the same output (or less). Originally they were older white women (I guess for diversity photos), now they are younger foreign women.
It is bizarre, and brings to mind the program in post-apartheid South Africa where whites have to train blacks to take over more and more of the economy. It is even more bizarre because we are not yet only 10% of the population.
You have better data on the subject?
Take a look at the BLS data I posted.
This was going on long before Obamacare.
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