Home › Forums › Financial Markets/Economics › Younger workers everywhere
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February 22, 2016 at 1:28 PM #794660February 22, 2016 at 1:47 PM #794662FlyerInHiGuest
[quote=The-Shoveler]
Actually it’s been this way since the late 90’s at least, I have colleagues who live and work on the big Island of Hawaii and another in Hong Kong (where no office exists), Others who do take off early to coach their kids team (they are boomers BTW) and they have been doing this for a very long time, but they are the exception not the rule.There is also a regular purging about every 6 months to a year.
You buy your ticket and if you’re good enough….[/quote]
The 90s. That would be GenX.
Nobody is arguing that facetime and showing up allows you to ingratiate yourself and survive purgings better.
But in the past, people were forced to do it. Young, creative talents were pretty much forced to follow stricter work rules.
But now, the most creative people have more “right to rise”.
My young cousin worked for a fortune 100 company. His dad worked for Bell Labs, AT&T, Lucent to retirement with a pension… But the son quit his job, traveled, and didn’t really care. Now he has job at the university… but even in a state university environment, he can do what he wants, as long as the job is done and is done well. He makes less money than in the private sector but he doesn’t care. He’s smart, has skills and can write his own ticket. He’s thinking about quit his job again and starting a business. That’s a different attitude from boomers who were more salarymen.
February 22, 2016 at 1:48 PM #794661millennialParticipant[quote=bearishgurl]
That’s it, in a nutshell. The “expectations” of most young adults today (esp those with college degrees) are through the roof and completely unrealistic. Especially for residents of crowded, CA coastal counties with a HUGE well-established “captive audience” of deep-pocketed, lifetime residents, many who have been in the local workforce for 40+ years. In my mind, millenials can’t possibly “compete” with all of these factors and shouldn’t be expected to. They must be satisfied with what they have currently attained, stay humble and keep “showing up,” keeping themselves as “visible” as possible at work. They need to “pay their dues” if they want to be able to compete for future promotions. As worker-bees with 0-15 years experience, they can’t have everything NOW![/quote]Like I said about your previous post, you are a very biased individual who has personalized many things I have written and spit them out for your personal biased agenda.
A lot of the things you say that you are refuting is not the nature of what I intended. In addition, you continue to rant about how millenials feel entitled to everything for doing nothing. To be honest nothing could be farther from the truth.
The one thing you are correct about though is the “pay their dues” theory. Like I said before, we are results oriented people who believe in a just and meritocratic society. We believe that you don’t deserve a job because of the color of your skin, the amount of gray hair you have, or the amount of hours you sit in front of your computer. We believe in the bottom line, how much $ you bring into the company, how much impact you have to the bottom line.
Not sure why you are so against it, but it seems like you were ousted by someone younger who may have made more money for your company. Either way, not my concern in the slightest. BTW, I asked my boomer coworkers where they live and a few live down the street from me, and the rest live in Carmel Valley, Bird Rock, and Coronado. Not sure where you were going with that question, but just answered it since you asked.
February 22, 2016 at 1:52 PM #794663The-ShovelerParticipantThese people are boomers.
This has been going on at several firms I have worked at since the 90’s.
The Top 5% performers can write their own ticket, others who are not in the top 5% performers, not so much.
It all sounds good on paper and you may even be in the 95% performers and get away for a while, but sooner or later the bean counters take over.
February 22, 2016 at 1:52 PM #794664FlyerInHiGuest[quote=The-Shoveler]These people are boomers.
This has been going on at several firms I have worked at since the 90’s.
The Top 5% performers can write their own ticket, others who are not in the top 5% performers, not so much.[/quote]
Because you work in tech…. We are talking about general attitudes and the economy in general.
Flexibility is very important to the younger generations. They are not as interested in ingratiating themselves with bosses, etc..
February 22, 2016 at 1:55 PM #794665The-ShovelerParticipantOK, but I find it hard to see how flex time and flex location in most occupations other than tech would even work.
February 22, 2016 at 1:59 PM #794666millennialParticipant[quote=FlyerInHi]The 90s. That would be GenX. [/quote]
Hmmm…when I hear the term Millenials I think of people born in the late 70’s/early 80’s to early 2000s. I was born in Sept ’79 so I consider myself a cusper.
[quote]He makes less money than in the private sector but he doesn’t care. He’s smart, has skills and can write his own ticket. He’s thinking about quit his job again and starting a business. That’s a different attitude from boomers who were more salarymen.[/quote]
Yes that can be tied to our generation, but as Flyer said earlier, you boomers did it too (for instance my father). I know someone, programmer at Google for 5+ years and now going to quit for a year to study for MCAT and then decide if he “wants” to be a doctor. Boomers might think he’s nuts, but to me it seems like a safe bet. If he enjoys it and it gives him more meaning to life good for him, if not he can pretty much find a mid 6 figure job elsewhere. I guess Google on resumes look good.
February 22, 2016 at 2:11 PM #794667millennialParticipant[quote=The-Shoveler]OK, but I find it hard to see how flex time and flex location in most occupations other than tech would even work.[/quote]
You will be surprised how many fields flex time and/ location works. For instance, I’ve even heard of flight controllers who direct traffic that are able to do their job in remote areas off Miramar road for airports in Burbank and Long Beach.
I’m in finance and work with companies on both coasts and can work with international clients if necessary.
In a previous job I worked with a developer who never left his home and he was able to manage a large portfolio of commercial real estate properties by having people email pictures of sites.
A lot of this has to do with the change of perceptions. Obviously face-to-face contact is better, but Skype/facetime/teleconference is acceptable and just as effective in many cases. This is the same as handwritten letters vs. emails.
February 22, 2016 at 2:12 PM #794668The-ShovelerParticipantOK but anyway IMO no matter how you slice it is still just the few, not the many.
I just hope the majority don’t get their expectations trampled by reality.
February 22, 2016 at 2:14 PM #794669millennialParticipant[quote=The-Shoveler]OK but anyway IMO no matter how you slice it is still just the few, not the many.[/quote]
Please provide 5 examples of jobs that cannot utilize flextime (eg. 10 hour work days, 4x a week) or flex location (eg. working remotely), to better retain employees and help work around their schedules.February 22, 2016 at 2:19 PM #794671FlyerInHiGuest[quote=The-Shoveler]OK but anyway IMO no matter how you slice it is still just the few, not the many.
I just hope the majority don’t get their expectations trampled by reality.[/quote]
You sound like my young cousin’s dad. The dad was very much against his son quitting his job with the big corporation.
Attitudes affect change over time. It’s a good thing that young people are not like old people.
The young cousin and his wife visited me in Vegas… But we did not go to any casino or eat “corporate” food (because they don’t support big businesses). We found mom and pop organic restaurants.. There are many of them (not on “real” streets in Vegas, but in strip malls).
February 22, 2016 at 2:23 PM #794672bearishgurlParticipant[quote=yamashi1][quote=bearishgurl]
That’s it, in a nutshell. The “expectations” of most young adults today (esp those with college degrees) are through the roof and completely unrealistic. Especially for residents of crowded, CA coastal counties with a HUGE well-established “captive audience” of deep-pocketed, lifetime residents, many who have been in the local workforce for 40+ years. In my mind, millenials can’t possibly “compete” with all of these factors and shouldn’t be expected to. They must be satisfied with what they have currently attained, stay humble and keep “showing up,” keeping themselves as “visible” as possible at work. They need to “pay their dues” if they want to be able to compete for future promotions. As worker-bees with 0-15 years experience, they can’t have everything NOW![/quote]Like I said about your previous post, you are a very biased individual who has personalized many things I have written and spit them out for your personal biased agenda.
A lot of the things you say that you are refuting is not the nature of what I intended. In addition, you continue to rant about how millenials feel entitled to everything for doing nothing. To be honest nothing could be farther from the truth.
The one thing you are correct about though is the “pay their dues” theory. Like I said before, we are results oriented people who believe in a just and meritocratic society. We believe that you don’t deserve a job because of the color of your skin, the amount of gray hair you have, or the amount of hours you sit in front of your computer. We believe in the bottom line, how much $ you bring into the company, how much impact you have to the bottom line.
Not sure why you are so against it, but it seems like you were ousted by someone younger who may have made more money for your company. Either way, not my concern in the slightest. BTW, I asked my boomer coworkers where they live and a few live down the street from me, and the rest live in Carmel Valley, Bird Rock, and Coronado. Not sure where you were going with that question, but just answered it since you asked.[/quote]Regarding my FT work, the vast bulk of it was for a local government, from which I “retired.” I was never ousted by younger-anything. We had a “merit system” and were “represented” employees (yes, even the “professionals”). In my field, I worked in the private sector FT for ~7 years and in food service for ~6 years when I was young. I’ve been working out of my home in my field as an “independent contractor” for the past ~9 years.
If your boomer co-workers reside in “Bird Rock” and “Coronado” in residences which they own, then they must have been very highly-paid at the time they purchased them as those areas have always been among the SD communities with the highest-priced RE. Either that, or they “inherited” their residences. If they actually purchased them by qualifying for a mortgage using their wages at the time, then you have quite a “hill” to climb to attain their positions, IMO, especially of they purchased their Bird Rock residence long ago.
I’m not buying the story that you say boomer-workers are telling their co-workers in that they can’t retire yet because their stocks are decimated. If they’re referring to the crash of 2008, we recovered from that long ago. Perhaps they’re just using that as an “excuse.” I feel that some of the real reasons for ~65 yo straggling boomers still in the FT workforce are that they are still assisting their youngest kids through college. Room and board, both on and off campus, can be very pricey today, depending upon campus and locale. When we were having kids, we didn’t have them one after another in immediate succession (at least not planned), like I see multiple families headed by millenials do. We couldn’t because FT daycare for 2+ kids at a time (without assistance from relatives) took up too much of a chunk of our paychecks. My large group of co-workers and I had them about 5-12 years apart. That’s why we’re now seeing boomers ~60+ years old with college-age kids. There are a lot of us out there.
I don’t know any boomers who are heavily indebted (secured or unsecured) and thus would need to keep working FT to pay off debt.
February 22, 2016 at 2:26 PM #794670The-ShovelerParticipantNurses, Doctors, Police, fireman, Grocery, Plummers, Judge, Road workers, construction, anyone who has to interface with the public … 90% of the jobs out there.
Pilots and Air-traffic controllers often complain about their tough schedules actually.
February 22, 2016 at 2:30 PM #794673bearishgurlParticipant[quote=The-Shoveler]OK, but I find it hard to see how flex time and flex location in most occupations other than tech would even work.[/quote]Bingo, shoveler! Admitted millenial yamashi1 stated he worked in finance. (Please correct me if I have this wrong, yamashi.) Does he actually see his employer’s clients in his home office? I could see him being able to log into his work servers from home and maybe put together some charts and reports from his home office but that’s where it ends. What about meetings, customers and clients? Am I missing something here??
February 22, 2016 at 2:40 PM #794674FlyerInHiGuest[quote=The-Shoveler]
Pilots and Air-traffic controllers often complain about their tough schedules actually.[/quote]The reason is because younger workers don’t have the same protection from unions.
There are dark sides to meritocracy….
Boomers talk “merit” a lot, but they thrived in a non-normal post war era. Give them real “merit” and real go-go capitalism and they won’t survive.
That’s why there is so much anti-immigration sentiment now. Immigrants, legal or otherwise, are just hungrier and harder working. Immigrants are now much smarter than in the past, so even in jobs with barriers to entry, such as college degree and licensing, they do better (Jeb even said so).
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