Earlier quoted context omitted.
Unless the bosses at Intel just hate older people (unlikely as they are almost all older people) they are doing this for economic reasons alone. I say this as someone already over-the-hill age wise that we really need to find a way to allow people as they age to be able to accept a lower wage that matches their productivity. Far fewer old people would be made redundant if they got a wage cut every year instead of a r…
First, productivity (as in widgets per hour) is a bad measure for knowledge worker value. It's famously hard to measure the output of teams of engineers over long periods of time, let alone the recent output of a single engineer. Second, it is just taken as a given here that knowledge workers become less productive over time. Why are engineers downhill starting in middle age but not doctors, lawyers, professors, and…
Re: Intel accused of age discrimination
#51IF you never cut anyone's wage because there's no fair way to measure performance, then there's also no reason to give anyone a raise. But people do get raises, even when they might not deserve them. The more raises an employee has received, the more likely it is that some of them weren't justified. Without wage cuts, you end up with people who are overpaid because their productivity didn't increase with their pay, not because their productivity actually declined.