I'm not trying to be negative, I am an older employee and I am greatful that I am still employeed. I have looked elsewhere and there are no jobs to be had and with my age I doubt I would be hired so I come to work and try to do my best and it has paid off so far. I don't understand how we still have so much deadwood laying around even after the layoffs. The executives are missing the boat when are the negative so much qtr after qtr, but we still have highly paid employees doing very little or nothing. Lower paid, hard working employees have lost their jobs and to me it seems completely backwards. We have very little work and there isn't much to do but I try to stay busy the high dollar guys take a three hour lunch. I just can't understand why they don't get let go
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Eloy you're a d$$k!
Another issue for the older crowd is insurance. A buddy found this out after he got laid off. COBRA was ridiculous. He was covering his family and the premium was almost $2400 a month! Tried to get insurance through Obamacare and guess what? They will take pre-existing conditions, but wait - you're over 55? Sure we can get you insurance for $700 month. $6000 deductible.
And not eligible for Medicare until age 65. Affordable Health Care Act my a--.
I can understand why the "older employee" is worried. I look around CP engineering and see that many of the over 55 folks are gone. A lot of the younger talent also, but this looks more like going after the folks who are making the higher pay due to their experience and/or the potential for higher health costs due to age. Very scary for an older worker because the Austin area has plenty of young (inexperienced) talent out there coming from the local universities and trade schools. Young talent typically means lower salaries. And totally agree with the deadwood comment. See some of the long time employees coasting on their tenure and hoping for a sweet retirement offer.
Your an arse hole
You all old timer lived your lives already dont blame us young fresh workers we have $250,000 houses to pay its your fault for being over 60 and still broke
Well it's obvious that the older employees are still sweating it out, while the newer employees that don't do crap feel a sense of entitlement, and nothing else.
The fat cats at the top feel that they are "driving the industry" while the folks that actually do the work continue to pay the price for others.
Managers are a dime a dozen, skilled machinists not so much, as they will discover if the market picks up. They wont be able to hire or bring up to speed the people needed to take advantage.
Doesn't make sense does it?
Right or wrong, "umskilled" workers are seen as a dime a dozen or easily replaced when or if things turn around. You could argue machinists, etc are skilled workers, but unless they hold a specialized certification, seen as easily replaceable. That said, college grads and paper pushers aren't all that specialized either, don't understand why so many are protected, but think of mgmt as a container and individual workers as items in the container. You fire the "containrr" and all the items fall on the floor. That's the logic, I guess.