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Part of the reason employees are reticent to hire someone past 50 is before they worry they’ll retire soon, even if they’re mentally and physically in good shap
by Robotbeat 1y ago
Part of the reason employees are reticent to hire someone past 50 is before they worry they’ll retire soon, even if they’re mentally and physically in good shape. So increasing the retirement age might actually improve the ability of folks in their 50s to find work.
Not saying this is a great trend, but it’s unavoidable due to the low fertility rate (already a problem everywhere in the developed world and soon to be a problem the world over, as by 2050–before I retire—the global average total fertility rate will have dropped below replacement.).
- manmal 1y agoWe already have 15y to go here, at age 50. That’s WAY longer than the median occupancy.
- generic92034 1y agoAlso, large companies go out of their way to offer early retirement packages to their workforce, often starting even with 55 year old employees. That does not fit the expectation of people working till they are 70. Politics and employer orgs need to talk about that.
- tikhonj 1y agoCompanies that have an average churn of more than 7%—which is most of them—have no place worrying about some 50-year-old retiring. Not that that stops managers, of course...
- hn_throwaway_99 1y agoI don't buy this at all. I've hired many people in my career, and: 1. I've never had more than a max 2 year time horizon when thinking about a hire. 2. If anything, I've found younger people more likely to job hop than those 40+.
- FirmwareBurner 1y agoThis might not be the case for your hiring principles, but this doesn't reflect the reality and statistics in my European country. People after 50 have a near zero chance of getting hired here as confirmed by the unemployment office.
- karaterobot 1y agoI didn't see them say it's not harder getting hired over age 50, I think they're questioning that the reason is really job hopping.
- FirmwareBurner 1y agoEmployers will never say what the real reason is because they don't want to get sued for age discrimination.
- therealdrag0 1y agoWe’re on an anonymous forum. Many of us make hiring decisions, and are willing to be honest about it.
- hn_throwaway_99 1y agoI responded to a comment that said the reason getting hired over 50 is difficult is because employers are reluctant to hire someone who may retire soon. I objected to that rationale, which makes no sense IMO. I have no doubt that getting hired over 50 is more difficult than for younger people.
- Robotbeat 1y agoAnd somehow you think your perspective is the only one out in the job market and everything else doesn’t make any sense
- throwaway2037 1y ago> People after 50 have a near zero chance of getting hired here as confirmed by the unemployment office. What are the causes for this in your country? I assume that you are an advanced nation with strong labour laws.
- electriclove 1y agoHow many people over 50 have you hired?
- itsoktocry 1y agoYoung people today job hop like there's no tomorrow.
- brailsafe 1y agoYoung people today can't get jobs, this take seems a couple years out of date
- mcv 1y agoWhat do you mean by "young"? I'm 51.
- xboxnolifes 1y agoCompanies today get rid of employees like there is no tomorrow.
- arexxbifs 1y ago> (...) the global average total fertility rate will have dropped below replacement. My pet theory is that when the system becomes untenable, procreation slows down, which will in time trigger a kind of reset - not that it's going to be fun to live through or anything. Self-regulation.
- therealdrag0 1y agoThat’s not a plausible theory to me. IME older people are just less likely to work hard. They bring a “rest n vest” mindset. If an older person rounds a 40hr week down to 35 hrs, and a younger person rounds up to 45 hours because they are passionate and ambitious, all else equal the younger get person is better ROI for the team. Obviously this is stereotyping and may not be accurate but that sentiment can explain many decisions.
- lurking_swe 1y agodepends on the type of work you’re doing. “Work smart not hard” can apply to many jobs. Other jobs not so much… In addition - when i was a younger engineer i appreciated have a few older engineers around the office because they were always a wealth of knowledge.
- gorharcarme 1y ago> they worry they’ll retire soon Sorry but how is this different from hiring someone in their 20s and they are very likely to job hop to another company 1 / 2 years later ? I don't think anyone will believe this.