It’s amazing to me how younger employees went through everything that happened in 2020 without understanding anything at all. In a nutshell, the company’s new standard for employee value is now inversely proportional to how much they’re paid. The “best” employees are those in Bangalore, because they’re dirt cheap. The “worst” are those with 20+ years of service in the US, because they’re expensive. The latter have to be eliminated, through real or forced retirement (those who are over 60), veiled forced retirement (all low to middle level managers over 55), or forced retirement through the PIP (technical people over 55).
Two things that younger people might want to think about:
- Why more experienced people are paid more by the industry ? Because the management has a tender hart or because in normal circumstances it is clear to any leader that they can deliver much more because of their experience and expertise ?
- What will happen to younger people, say those with 10-15 years of service in 5-10 years ?
Instead of denigrating those with experience, younger employees should rather focus on what’s going to happen to them, because they won’t have the luxury to retire, even at 55 with 75% of the pension.
Everybody should read this. Posted by @raf+19S8ykol.