Posted on 03/04/2006 5:29:59 PM PST by 2Jim_Brown
By 2010, nearly one in three workers in the United States will be older than 50, according to CompTIA. As the number of younger workers declines, attracting and retaining "experienced and reliable workers" will become a core business strategy for all employers.
The aging workforce is becoming a significant concern for technology employers in the U.S., where a third of employees will be aged 50 or older in just four years. Ten years ago, the story was the "graying of Japan," where aging workers were expected to be less productive in their golden years as well. By Gene Koprowski
(Excerpt) Read more at technewsworld.com ...
It maybe a rare exception, but where I work it's almost the exact opposite. The older guys are always on the phone, or getting coffee, or smoking, or just yakking with each other. They won't do anything unless it will get them OT. Also, most of them seem very pre-occupied with the going pay rates at other jobs.
Like I said it might be an exception to the rule.
55 & I'm outta there...
Amazing how management suddenly bemoans the lack of workers AFTER it's outsourced they're jobs.
Hi-tech's real problem with older workers is not that there is too many of them, and that their retirement threatens the job pool: it's that they cost too damned much to keep employed. Especially when they get to be 40 or so and those pension payments start adding up.
Expect yet another H-1B bill to bring in younger Indians, Chinese and Russians, at poverty-rate salaries.
...Total of 25 years in Hi-Tech
Find that in a college grad.
(scoff)
:-)
BUMP
That's if they can last the 5 years it can take to become vested in a company for matching 401k benefits and those extra earned vacation days which become a liability to the company when they have to lay people off.
No, they'd rather periodically dump and rehire employees rather than permitting them to establish a compensated history at the company.
Its a damn shame you can't fit that on a t-shirt.
The CEO of EchoStar waspublicly quoted as saying that he wanted turnover to prevent seniority and the pay that comes with it.
It's just like the NFL when they release veteran players to save money against the salary cap.
This is laughable. The high-tech firms spend the last 5 years offshoring our jobs, then they lament the shortage of high-tech workers????? If I were one of the lucky few in demand, I would extort these treasonous bastards until they screamed in pain. Then I'd take the money and open a B&B in Napa and tell them all to go to hell.
I can personally testify that EchoStar sucks ass.
Guess again. When your pension liability and ins. costs get too high, you'll be out of work.
Prepare to be a contractor. In about 5 years, that will be your only option.
We wouldn't have had this problem if the selfish baby boomers hadn't killed off most of mine and the following generations through abortion.
Translation: Wahhh. Give us more H1B visas. Or wages may have to go up.
Contracting does give people some options though. You can pack up and leave when you feel like it and you are less likely to have to play corporate political games. Need you to come in on the weekend? That will cost extra? Need me you to stay into the night? Well, they pay for that too. No more free overtime.
Agree with all your points. The organization I support has all chiefs and no indians and is totally dependent on contractors to produce anything resembling actual work products. Oh, and contractors also serve as convenient scape goats that provide management with an "escape hatch" should anything go wrong. I demand good pay for my servitude.
It depends on what kind of contracting you do. If you have a long term contract with one co., you are essentially an employee with no benefits and very little to say about work conditions (except what you explicitly wrote in the contract). You can't just leave. If you take short term contracts, you spend a lot of (unpaid) time selling yourself for the next job.
The games you have to play to keep the contracts coming are just as messy as the ones you have to play as an employee.
Young fat slobs wearing parachute pants that are unable to communicate in any spoken or written language should straighten up. And the ho's too.
Just between us (laugh), I know of a few guys that retired and run around as consultants once in a while between fishing, camping or whatever trips. These guys just want to pass on knowledge to someone else. And they WILL NOT go to a college to teach a course.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.