11–20 of 127 posts
Earlier quoted context omitted.
Boomers are leaving the labor market without as many people replacing them, creating a labor crunch. COVID accelerated that process. It's not much more complicated than that
Some are, some are coming back https://money.yahoo.com/older-americans-head-back-to-the-wor...
Earlier quoted context omitted.
"Great resignation" is mostly that, a narrative. Workers aren't actually becoming powerful. They're just slightly less powerless, and everyone knows it's transient--barring an overthrow of corporate capitalism, but I think we all know that such things are unpredictable--which is why people are itchy to move now before things go back to how they were and everyone is stuck in place for a while. It's good for cappie PR…
Boomers are leaving the labor market without as many people replacing them, creating a labor crunch. COVID accelerated that process. It's not much more complicated than that
The only reason we haven't seen 85% of society give up all at once is that some people still hold out hope that the BoomerJobs, once vacated, will be given to them. That isn't going to happen, though.
People work "hard" in our society, because they have no other choice, since there is no social safety net and employers can do whatever they want in this country, but no one really cares anymore. This has manifested itself as survivable mediocrity for quite a while, but as soon as our society finds itself in any kind of serious crisis it will collapse. It almost did, during COVID.
Their lack of work life balance is why they earn 300x the pay, correct? That's the narrative I am most familiar with as their rationale for the income gap.
I am amused at the article's pin that some of the c-level work life balance changes could trickle down via policy...this thinking is broken.
As an executive you’re in a position to influence and make changes for folks below you, I guess they really don’t give a shit. Self > team I suppose
Earlier quoted context omitted.
Some are, some are coming back https://money.yahoo.com/older-americans-head-back-to-the-wor...
Sooner or later they will leave the labor market for good though, because dead people cannot work.
I wouldn't want my bosses job. I don't think it pays all that much more than mine but it requires a lot of days full of meetings and late nights. I may even do better on a hourly basis. I think some people get wrapped up in the headline salary number (XXX,XXX per year, that's a lot of money!) and never break it down into a hourly number to see if it's actually a better deal.
100%. In big tech, as you get more senior, the job becomes miserable. I wouldn’t want to be a Director, or even a Senior Staff engineer. At a certain point you sacrifice your sanity to be in that many meetings.
As an executive you’re in a position to influence and make changes for folks below you, I guess they really don’t give a shit. Self > team I suppose
In defence of executives its not that clear cut. Yes you can influence and most large companies have channels to do this but how much they listen to you depends on the support the executive gets from their manager and so on. For big change to work there has to be the right culture set by the board and this has to feed down. Heck, maybe in the not so distant futures a DAO like setup will exist that will flip all this…
I like my job, but the fact that I have to do it or else lose my house makes it less joyful than it might otherwise be.
Not sure what my boss can do about that.
Earlier quoted context omitted.
Boomers are leaving the labor market without as many people replacing them, creating a labor crunch. COVID accelerated that process. It's not much more complicated than that
Some are, some are coming back https://money.yahoo.com/older-americans-head-back-to-the-wor...
I wouldn't want my bosses job. I don't think it pays all that much more than mine but it requires a lot of days full of meetings and late nights. I may even do better on a hourly basis. I think some people get wrapped up in the headline salary number (XXX,XXX per year, that's a lot of money!) and never break it down into a hourly number to see if it's actually a better deal.
The friends and colleagues in my cohort, the ones NOW with larger financial and familial responsibilities, curse their former selves for not knowing how good they had it.
I guess all that is to say, as cliche as it is, "be careful what you wish for".
As an executive you’re in a position to influence and make changes for folks below you, I guess they really don’t give a shit. Self > team I suppose
The older I get, the more I realize that middle managers (and even C-suite executives) are even more limited in what they can achieve than individual contributors. They have no way to do anything themselves and all "initiatives" they start inevitably get stuck in endless meetings and planning sessions with people that are very invested in status quo. Imagine how much harder the chinese telephone game gets if some peo…
As a c-suite exec, I spend most of my time in meetings that lead to very little change and I look on with a bit of envy on ICs who get to improve things without asking for permission first.