21–30 of 98 posts
"A shortage of gen-x workers" is exactly the case at my facility. I'm 45, which is the valley in the bimodal age distribution. People are either in their 60's or 20's, and those two generations do not get along.
Earlier quoted context omitted.
I feel it's a cycle of mistrust. Companies don't want to spend as much time training junior workers or apprentices because they often leave shortly after achieving proficiency. But this lack of perceived loyalty comes from a rational viewpoint. After the shift in business culture in the 80s, where workers were laid off in bulk even if the company was in good financial health, workers woke up to the new reality. (To b…
There is also some outright "pickyness" coming from the younger generations against work that's seen as manual and unsophisticated, at least I perceived this in the architecture school I went to for a number of years. I remember very clearly many professors lamenting the fact that with each passing year the student body grew more reliant on technology and computer-assisted crafting and grew less interested in manual…
> With 10,000 baby boomers turning 65 each day, businesses are scrambling to find ways to slow an exodus of the most experienced employees and ensure that they pass along their knowledge before they leave. Knowledge transfer should be baked into the day-to-day culture of work, not something desperately scrambled for during someone's last week. Those few companies with meaningful training and mentoring programs know t…
Earlier quoted context omitted.
>Unless they're saying they literally can't find qualified GenX workers at any price--That would be a real shortage Pretty sure they mean they have plenty of 60 years who have been working there for 40 years and plenty of 20 year olds who just started but not a lot of 40 year old with 20 years experience to keep the transfer of knowledge smooth. which unless some one has a time machine is a thing you can't find at li…
Presumably there are people with industry experience, just not experience in your particular company, and they would easily integrate (there are of course exceptions). It then again becomes a matter of how much are you willing to pay to attract them. Additionally, you could pay extra for a substandard 30 year experience person or an excellent 10-15 year person to fill those gaps. This is supply and demand.
> With 10,000 baby boomers turning 65 each day, businesses are scrambling to find ways to slow an exodus of the most experienced employees and ensure that they pass along their knowledge before they leave. Knowledge transfer should be baked into the day-to-day culture of work, not something desperately scrambled for during someone's last week. Those few companies with meaningful training and mentoring programs know t…
With so many people under-employed or out of work... The concept of "under-employed or out of work" is pretty meaningless if you don't mention the price you're willing to take for that work. Unless they're saying they literally can't find work at any price-That would be a real shortage. Otherwise, maybe you need to just accept a little less money to find work nowadays. The price argument works both ways.
> With 10,000 baby boomers turning 65 each day, businesses are scrambling to find ways to slow an exodus of the most experienced employees and ensure that they pass along their knowledge before they leave. Knowledge transfer should be baked into the day-to-day culture of work, not something desperately scrambled for during someone's last week. Those few companies with meaningful training and mentoring programs know t…
It reminds me of the Porsche 911 shortage I'm facing around here. I've been to dealer after dealer and I just can't find one who'll sell me one. I've got the $33k that I'm told an average new car costs and am ready to buy today... but nothing. You can't say shortage without factoring price. For enough money (probably not even that much compared to what I've seen business waste on frivolities) there'd be a line of ret…
The excesses of socialism are never lost on me, because of this story.
> With 10,000 baby boomers turning 65 each day, businesses are scrambling to find ways to slow an exodus of the most experienced employees and ensure that they pass along their knowledge before they leave. Knowledge transfer should be baked into the day-to-day culture of work, not something desperately scrambled for during someone's last week. Those few companies with meaningful training and mentoring programs know t…
That is actually the truth for many niche skilled labor positions. Manufacturing plants are starving for a lack of experienced E&I (electronics and instrumentation) technicians but they can't even attract the next generation despite offering ~$25/hr to apprentices.
Being an E&I tech in a chemical plant is a dirty job but not in a back breaking way. Someone willing to take the apprenticeship will be making ~$35/hr plus as much overtime as they want since the shortage isn't likely to dry up anytime soon.
The only logical reason why younger generations are refusing to consider these jobs is that they know what their ultimate income cap is going in to such a position. The next, and usually only, rung on the ladder is that of maintenance manager and there can only be one manager for their team of ~5+. Their proven skillsset is also less transferable to another role at another company like those of a typical office drone. Therefore, ~$75,000 without overtime is about all they can ever aspire to without channeling an entrepreneurial spirit that just isn't part of most people's psyche. That said, the career ladder of an office drone is nothing like what it used to be. Most of the people sacrificing that stable F~$75,000/yr as a skilled laborer will earn less over their lifetime as they'll eventually get stuck one rung under somebody who likes to kick down.
> With 10,000 baby boomers turning 65 each day, businesses are scrambling to find ways to slow an exodus of the most experienced employees and ensure that they pass along their knowledge before they leave. Knowledge transfer should be baked into the day-to-day culture of work, not something desperately scrambled for during someone's last week. Those few companies with meaningful training and mentoring programs know t…
It reminds me of the Porsche 911 shortage I'm facing around here. I've been to dealer after dealer and I just can't find one who'll sell me one. I've got the $33k that I'm told an average new car costs and am ready to buy today... but nothing. You can't say shortage without factoring price. For enough money (probably not even that much compared to what I've seen business waste on frivolities) there'd be a line of ret…
Earlier quoted context omitted.
It reminds me of the Porsche 911 shortage I'm facing around here. I've been to dealer after dealer and I just can't find one who'll sell me one. I've got the $33k that I'm told an average new car costs and am ready to buy today... but nothing. You can't say shortage without factoring price. For enough money (probably not even that much compared to what I've seen business waste on frivolities) there'd be a line of ret…
You should be able to get one at this price if you go abroad.
Earlier quoted context omitted.
It reminds me of the Porsche 911 shortage I'm facing around here. I've been to dealer after dealer and I just can't find one who'll sell me one. I've got the $33k that I'm told an average new car costs and am ready to buy today... but nothing. You can't say shortage without factoring price. For enough money (probably not even that much compared to what I've seen business waste on frivolities) there'd be a line of ret…
My father used to tell me stories about the days when India was heavily aligned with the Soviet Union. Apparently, there would be approximately 5 people to stamp your visa. The excesses of socialism are never lost on me, because of this story.