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> preventing younger workers for getting into positions This won't matter anyways, or at least it feels that way. I have no real hope that jobs that open up a

> preventing younger workers for getting into positions This won't matter anyways, or at least it feels that way. I have no real hope that jobs that open up above me will go to me or someone else in my cohort. What I think instead is one of three things will happen: 1) Those job responsibilities will be split among remaining people as much as possible, and effectively remain vacant with other people scrambling to take over part of it. They will receive a tiny pay bump at most. 2) Those job responsibilities will be filled by someone but pay nowhere near what the person retiring was making. 3) The job will be automated somehow. Maybe this is too cynical but I really do feel like companies are getting better at making sure employees make exactly the minimum they will tolerate faster than employees are becoming intolerant of how little they are paid.

nradov 3y ago
Those are the things that happen in static or declining companies. If you see those things happening then it's time to look for a new job in a growing company, unless you're already close to retirement.
- bluefirebrand 3y ago
  Most companies have ups and downs. Longterm stable companies tend to be static, short term success can turn into cratering failure in a hurry, and no company can grow forever. When you're interviewing, every company will swear they are growing rapidly and making oodles of money. How do you tell if they really are? If I could identify growing companies so easily I wouldn't work at all, just make bank on the stock markets, right?
  - nradov 3y ago
    It's easy to tell if companies are actually growing. For public companies just read their quarterly financials. For private companies look through LinkedIn to check the pace of hiring and promotions. Of course there are no guarantees. If your current employer stops growing then it's time to look for other opportunities. I don't understand your point about the stock markets. All other investors have access to the same growth data about public companies. The growth rates are already priced in.
    - saagarjha 3y ago
      Companies that are days from being insolvent will often hire as if they had years of runway.
- jimmydddd 3y ago
  --Static or declining companies Including companies recently purchased by PE.
- HumblyTossed 3y ago
  This is happening all over the place and is the reason for the huge productivity/wage gap over the past X decades.
HumblyTossed 3y ago
> 3) The job will be automated somehow. If we're talking middle management, that's basically just an automated spreadsheet.
conductr 3y ago
I think it’s funny this is being talked about as some future eventuality. It’s happening now, already, in most organizations I’ve been involved with all of these things are happening.

nradov 3y ago

Those are the things that happen in static or declining companies. If you see those things happening then it's time to look for a new job in a growing company, unless you're already close to retirement.

bluefirebrand 3y ago
Most companies have ups and downs. Longterm stable companies tend to be static, short term success can turn into cratering failure in a hurry, and no company can grow forever. When you're interviewing, every company will swear they are growing rapidly and making oodles of money. How do you tell if they really are? If I could identify growing companies so easily I wouldn't work at all, just make bank on the stock markets, right?
- nradov 3y ago
  It's easy to tell if companies are actually growing. For public companies just read their quarterly financials. For private companies look through LinkedIn to check the pace of hiring and promotions. Of course there are no guarantees. If your current employer stops growing then it's time to look for other opportunities. I don't understand your point about the stock markets. All other investors have access to the same growth data about public companies. The growth rates are already priced in.
  - saagarjha 3y ago
    Companies that are days from being insolvent will often hire as if they had years of runway.
jimmydddd 3y ago
--Static or declining companies Including companies recently purchased by PE.
HumblyTossed 3y ago
This is happening all over the place and is the reason for the huge productivity/wage gap over the past X decades.

HumblyTossed 3y ago

> 3) The job will be automated somehow. If we're talking middle management, that's basically just an automated spreadsheet.

conductr 3y ago

I think it’s funny this is being talked about as some future eventuality. It’s happening now, already, in most organizations I’ve been involved with all of these things are happening.