Article

2019-08-20 Economy

Why US firms are desperate to retain ageing workers

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Posted by Besoeker 2019-08-20 05:49|| || Front Page|| [10326 views ] Top

#1 As long as business treat employees as bottom line costs and not as assets, they don't deserve consideration. Those that refuse to spend on employee training because its a cost not an investment can go without. Nothing stops employers from signing contracts that trade training for a set time of employment to retain a ROI. When you treat them all as replaceable cogs in the machine you put yourself into that position of making some people irreplaceable. The problem is cemeteries are filled with irreplaceable people.

Posted by Procopius2k 2019-08-20 07:49|| 2019-08-20 07:49|| Front Page Top

#2 Doesn't sound like an economy on verge of recession to me...

Posted by Bright Pebbles 2019-08-20 08:41|| 2019-08-20 08:41|| Front Page Top

#3 Too many millennial got worthless degrees and felt that the jobs that are needed were beneath them. Now the millennials have worthless jobs, crushing debt and are crying for socialism to save them from their mistakes of ego.

Posted by DarthVader 2019-08-20 08:55|| 2019-08-20 08:55|| Front Page Top

#4 You nailed it DV! Senior are doing the jobs millennials won't do.

Posted by Besoeker 2019-08-20 09:02|| 2019-08-20 09:02|| Front Page Top

#5 People who can read, do math, pass a drug test, show up in time every day and don't have tattoos up their necks and on their faces. Harder and harder to find nowadays...

Posted by M. Murcek 2019-08-20 09:43|| 2019-08-20 09:43|| Front Page Top

#6 Doesn't sound like an economy on verge of recession to me...

Yes. And when there isn't a recession before the 2020 election (just as the media had Swillary elected in 2016 and then that didn't happen) what will the "insurance policy" be?

Posted by M. Murcek 2019-08-20 09:47|| 2019-08-20 09:47|| Front Page Top

#7 Sounds like wages need to go up.

Posted by gorb 2019-08-20 10:21|| 2019-08-20 10:21|| Front Page Top

#8 Other companies are illegally shedding workers over 50.

Posted by Iblis 2019-08-20 10:25|| 2019-08-20 10:25|| Front Page Top

#9 Other companies are illegally shedding workers over 50.

In the 'right-to-work' states they can magically declare a RIF. Locally, a firm that is self-insured and manages employee medical liability has introduced the unspoken 'disability RIF'. When the actuaries identify LTD candidates the company pushes the employees out onto Social Security Disability, and state unemployment.

Posted by Skidmark 2019-08-20 11:55|| 2019-08-20 11:55|| Front Page Top

#10 Age discrimination. It's the law.

Posted by Lex 2019-08-20 11:55|| 2019-08-20 11:55|| Front Page Top

#11 "Hell they'll just replace everybody with robots " , " Where are they going to get people who can , adjust, program, and repair robots. " Not too many millennials can do calculus these days.

Posted by Flesing Wittlesbach3140 2019-08-20 12:27|| 2019-08-20 12:27|| Front Page Top

#12 Roc on Star Trek TOS "Ohhhhhh. The Old Ones..."

Posted by M. Murcek 2019-08-20 12:55|| 2019-08-20 12:55|| Front Page Top

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