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Old Nov 14, 2014, 02:20 PM
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nonightowl nonightowl is offline
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Member Since: Jul 2008
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Quote:
Originally Posted by CosmicRose View Post
Being told you're too old for a job sounds very insulting. I think employers do that because they consider potential illness and retirement. For example, take a 55 year old man who is applying for jobs. A company knows that the retirement age is 65. That means, disregarding any potential illnesses, the employee would have on average 10 more years on the job and then the company would have to account for his retirement benefits which costs the company money depending on their retirement package or benefits or pension etc...so they would rather hire a 35 year old as opposed to a 55 year old to be on the "safer" side. It's cut throat and horrible but that's business for ya.
Fewer companies even provide retirement (traditional) even more. They want you to fend for yourself, meaning have a 401(k) or an IRA or something like that. People are lucky if they can stay on the job a year even, and it's not always in one's control on how long you stay on a job. The company may have other ideas.......

20 years ago, and later, people would stay on jobs for years and earn a pension. That's rare these days. You're right that it's about money. Everything is.
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Hmmm....looks like some good tips in here.




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