Posted on 12/30/2018 6:14:10 AM PST by Galatians328
A new data analysis by ProPublica and the Urban Institute shows more than half of older U.S. workers are pushed out of longtime jobs before they choose to retire, suffering financial damage that is often irreversible.
(Excerpt) Read more at propublica.org ...
Curious, what writing service did you use?
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Go Resume. Not very expensive and has proven its worth over and over. I work serial contract jobs, so just one good hit is not enough; I need repeat and new business all the time.
I find the new style of resumes obnoxious. They are barely literate, are boastfully extreme, and stuffed with buzzwords, but most are initially screened by computers so the awkward new style does work.
If someone finds themselves stalled out while shopping a classic resume around, I’d advise them to give such services a try.
As I got older in my position, I got more of the jobs that no one wanted to do. Some of them were obsolete technology (career killer) or they have a high negative rating (you only get recognition when it messes up).
In a corporation, that can be bad (”What does AP do? I don’t know. Cut him”) because they only find out you were necessary after all Hell breaks loose. BTDT.
When someone turns 50, they need an exit strategy that makes you marketable at your age. Sometimes that strategy is to make yourself into a consultant that the company can hire back.
ABSO-FRIGGIN-LUTELY!!!
[There is apparently a shortage of programmers, especially ones who have used COBOL, CICS and JCL]
Hey, if any of those guys need someone in the Midwest, please pass that info along to me in a FReepmail if you’ve got time.
I need a name and a phone. I’m tired of sending stuff to emails that never respond. It’s a complete waste of time.
Thanks and Blessings
“As I got older in my position, I got more of the jobs that no one wanted to do.”
https://dilbert.com/search_results?terms=Legacy+System
Multiple rounds for my family. The most recent found me camped in San Diego from June 2009 to September 2014 to retain my employment. The prior spate was Dec 2000 to Feb 2002...again in San Diego. Very expensive keeping two households running.
I've had contracts that I could run from my home office in Idaho since Dec 2014. Some travel.
Thanks. Ive done that. Theres just such a huge difference between 62 and 66.8 and 70. Just throw the dice
That push-back can come from increased unionization. The pendulum WILL swing in that direction, if it hasn’t already. I don’t mean to come off as “one of them”, but with the actions of corporate management these days taking a dump on the average AMERICAN worker, organizing shops is starting to become attractive again.
True. Oh the stories I might tell....
Companies are eager to cut costs in hopes that the younger, lower paid hires can deliver a quality product. I'm finding that isn't the case. That's why I'm pulling 55 to 90 hour weeks in 2018 to keep the project on schedule. The millenials engage in lots of "up talking" and hand waving, but don't actually deliver working code. I'm honestly tiring of trying to rescue their bacon. At age 62, the 14 to 18 hour days are getting "over the top".
It’s time to stop saving their bacon. I saved them many times and all it got me was backstabbed by them and pushed out.
You’re ignoring the corruption of unions. Their image (and integrity) problem was self-inflicted.
Even with a “union” (AFL-CIO) my father was still terminated from a Fortune 500 company due to his age and tenure. No recourse, no recovery, no options.
You’re gonna have to do better than that.
Actually the truth is worse than a simple calculation shows. Look up the "time value of money", learn how to use the IRR function in Excel, and calculate what leaving your own money invested and spending uncle's money can do for you vs. what every financial advisor does, which is to tell you to become more dependent on government by spending your own money early and taking SS later.
Use an interest rate equal to the average stock market performance for the last century, or even the last several decades and you will soon see that the real break even age is 100+.
The boys and girls in government are very clever. When they calculate SS break even ages, they know nothing about interest rates or time value of money, but when one of your payments to the IRS is not right on time, they know all about that and charge accordingly.
Exactly right! I’ve been in this field for almost 40 years, with 3 major fortune 100 companies, so this is not my first rodeo. What I have seen is the new hot-shot highly-touted management savior rolls in, changes everything for changes sake (usually ending with major layoffs (restructuring)), then grabs a big bonus check or jumps to another company (at a significant salary increase) to do the same again. THey leave what was a good company with a good product line in shambles, crashing and burning in their wake....
I am charging the machine gun nest and miraculously still standing ( 58). i have lost many friends over the last couple of years and it is no longer about dead wood or lack of talent. Just luck of the draw and luck of what you chose to become an expert in over the last 25 years. I will wait to be mowed down until I get another job because a job loss will certainly require a move.
In our company the new management is chopping every bit of margin that we operate with. They will not be around when that margin will be the difference between success and failure for the company.
I wasn’t ‘trying’ for anything....only positing a theory based on observation. I detest unions, but as I said, when you get too far into the ‘pro-management’ end of the spectrum they can happen.
Elder abuse! Ageism!
Or as your grandfather may have advised: Securely save 1/4 of you ear.
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