Comments on: Young Workers: Hit Hard, Hitting Back http://www.todaysworkplace.org/2009/12/16/young-workers-hit-hard-hitting-back/ Sun, 05 Feb 2012 04:46:42 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: 50+ Employee http://www.todaysworkplace.org/2009/12/16/young-workers-hit-hard-hitting-back/comment-page-1/#comment-48500 50+ Employee Sat, 19 Dec 2009 20:04:25 +0000 http://www.todaysworkplace.org/?p=2752#comment-48500 Ageism is going to limit the amount of coaching and knowledge sharing that older workers are willing to work with younger workers. I have been at my employment for 24 years, and have been worried about my job for 7 years--REALLY worried. My employer does not approve any learning opportunities for me even though they budget 10% of my salary for such purposes. All training funds go to training younger workers. The yearly merit raises are pooled to be 2.2% for all employees. Yet if you are at 110% (10% over the mid point of your range) you receive fewer than 2.2% to increase the raises of younger staff. That's how they are trying to attract and retain younger staff. So, I would say that younger workers are in a far better position that > 50's who are losing their jobs daily (early retirement) just at the time when they are trying to put away $$ for retirement. Ageism is going to limit the amount of coaching and knowledge sharing that older workers are willing to work with younger workers.

I have been at my employment for 24 years, and have been worried about my job for 7 years–REALLY worried. My employer does not approve any learning opportunities for me even though they budget 10% of my salary for such purposes. All training funds go to training younger workers.

The yearly merit raises are pooled to be 2.2% for all employees. Yet if you are at 110% (10% over the mid point of your range) you receive fewer than 2.2% to increase the raises of younger staff. That’s how they are trying to attract and retain younger staff.

So, I would say that younger workers are in a far better position that > 50’s who are losing their jobs daily (early retirement) just at the time when they are trying to put away $$ for retirement.

]]> By: Diane http://www.todaysworkplace.org/2009/12/16/young-workers-hit-hard-hitting-back/comment-page-1/#comment-47917 Diane Wed, 16 Dec 2009 19:32:52 +0000 http://www.todaysworkplace.org/?p=2752#comment-47917 People over 50 are also targeted due to ageism for job losses and just about impossible to get another job as gen x's management aren't to keen on hiring someone old enough to be their parents. People over 50 are also targeted due to ageism for job losses and just about impossible to get another job as gen x’s management aren’t to keen on hiring someone old enough to be their parents.

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