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Corporate will do anything to reduce labor costs so firing experienced professionals that are not in the "management" club is a very effective method. They do not care if the job does not get done. The managers will collect the bonus for cutting costs and move on to somewhere else.
Employment, even for degreed professionals has become a rigged game and the managers know how to cheat for their own benefit no matter how much damage is done to the other employees or the company.
The ideal situation is to have one person employed in a good government job like a TSA manager and the other in a 6 figure private sector job. Even better is to be the CEO's kid and just coast along without making any bad decisions.
At Christmas dinner my wife's nephew who is 22 years old was asked a question about his job at a local manufacture of electrical parts.
It seems he's doing quite well and told us of his large amount of overtime each week.
He told us with his overtime he is making approx. 4200.00 a month.
I asked why the company had such a large amount of overtime, he's responded that due to failed random drug tests for probationary new hires along with habitual tardiness the company has a very difficult time finding employees.
He then told us the overwhelming majority of these failed new hires are aged eighteen to thirty.
He said the employees that have been hired after him and are successful seem to be over the age of thirty.
It's a physically demanding environment where he works but he said that management due to being burned over and over again by retention issues being caused from low quality younger employees that they are now actively looking at people ages 35 to 50.
The company's pay structure is really good, they offer full medical, dental and retirement benefits and solid job security.
Personally it boggles my mind that in this economy someone would choose drugs and laziness over a future but then again I'm 47 years old.
How would they know? They never met me. It's all online now. And my resume is sterling. In my professional field, which interests them not at all.
ETA: I was hired immediately when I finally got my first interview, and promptly put into one of the more demanding (by Home Depot standards) sales jobs, in large appliances. So no, it's not me.
But boy, did they hate that I was efficient. They would yell at me and ask why I wasn't doing XYZ like they told me … when I said it was because I was finished with XYZ and thought it would be nice to do ABC too, they yelled at me for doing something they didn't tell me to.
Once, a day after they yelled at all of us about not sitting at the computer desk unless we were making a sale (we had to order most things, and set up delivery), I was at the desk with a customer, while the printer was spitting out tons of paperwork for the sale. The phone rang and I answered it. The manager yelled at me for being at the desk, and when I said it was because I was waiting for the paperwork to print for a customer, he yelled at me for answering the phone. No multitasking for you!!!
I know dozens of stories like these from other laid off professionals -- at least the ones who aren't living in their cars and actually managed to get one of these jobs like I finally did. You can pretend all you want, but these folks do NOT want smart people working for them. End of story.
I'm sure many other older unemployed professionals have similar stories. No, they don't want older people, and they especially don't want intelligent, educated older people. If you're in your 50s with a professional career and you've been laid off, you will probably never have meaningful employment again.
Cons know this. They just don't care.
It somewhat depends. Again drawing on my experience with hospitality, you basically can't get employed unless someone knows you, but if you are intelligent and educated they tend to like that in the service end since they like people who can work somewhat independently during set up and feel approachable to customers/clients and lets face it the clients are usually intelligent and educated older people and they like it when the staff is like them or their intelligent and educated children.
As to multi-tasking that is also preferred since there is often rush periods when there is too much work for the people there.
However, none of this matters if you don't know someone.
What I found interesting about the OP's question is the idea that an executive was only making $80K a year. Most CEO's are making well in excess of that, even those working for non-profits. If a CEO was only making $80k, that CEO was doing a poorish job and was being compensated accordingly.
He actually said "director" but probably meant to say CEO. A lot of directors don't make even 25% of what CEOs make. Most CEOs, as you said, make many multiples of $ 80k.
I can't speak about older, educated, professional workers getting min wage jobs as I don't know anyone in that position. However, several people who worked for my husband were laid off. All of those former employees found jobs within 8 months. I was told most even found jobs paying more money than at the previous company. They were all good at what they did!
Finding another job isn't impossible for the over 45 crowd if one has skills that are still in demand.
It happens all the time. I was 45 when I got booted out of an executive level job. It took six months, but I found an even better job.
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