So now I’m working on strategy only to realize I’ve had a strategy for many years. I’ve just never taken the time to write it down. It might be time to document my strategy. But it’s been too hot to write and Too Hot to Blog.
Ageism is a real problem. And it could also be responsible for the low labor force getting stuck at this level. Boomers are now between around 56 and 76. This is a huge generation. And in tech, when the hiring manager is 32, and you’re 56, it’s tough getting that job. And when you’re 62, it’s even tougher just to get anyone’s attention. Some succeed. But many don’t.
Many of these people, often with a superb job history, may never get a job in their field again. Many of them made enough money to where they don’t have to work. They’d like to work, but it’s tough getting ignored or rejected time after time because of age.
And they give up “actively” looking for a job, and thereby they’re removed from the labor force. They were dropped from the labor force due to ageism, not because they wanted to retire. And they might tell everyone, after they give up looking, that they’re “retired,” when in fact, they’d love to work in their field but are locked out.
In January, a record-breaking 4.3 million employees quit their jobs — the eighth consecutive month with over 4 million workers leaving their roles.
Key Points –
Nearly three-quarters (74%) of US employees are either actively looking or are open to new opportunities in the next 6-12 months.
Beyond compensation and growth, younger workers are looking for something more personal: A place where they belong. Compared to boomers, Gen Z and millennials were twice as likely to state “lack of belonging” as a reason to pursue other opportunities.
In the US, 52% of employees with tenures of 3 months or less are looking to leave.
I started working from home in 2006. I love reading articles on topics I already know a lot about.
The future of knowledge work will be a hybrid. A small percentage (like myself) will WFH 100% of the time and an even smaller percentage will work in an office 100% of the time. Most will travel to their offices a few times a month and WFH the rest of the time.
I drove a 2006 Ford Taurus for nearly 15 years and didn’t pass 80,000 miles. (short commute)
My business casual attire consists of jeans and a tee shirt.
Coffee is cheaper and tastes a lot better than office coffee too.
The total number of life insurance policies sold rose 8% in the first six months of the year and marked the highest such growth since 1983, LIMRA said. And there were other indicators in that same data that pointed to positive signs: Total U.S. life insurance premium increased 21% in the second quarter 2021, the largest year-over-year increase since third quarter 1987; in addition, it was up 18% for the first half of 2021 compared to the prior year.
I know who you are and I know what you want. If you are looking for ransom, I can tell you I don’t have very much money. But what I do have are a very particular set of skills; skills I have acquired over a very long career. Skills that are currently in short supply. Skills that I can and will take to the highest bidder.
In April, about 649,000 retail workers left their jobs—a record number of resignations for the industry. It was yet another inflection point in a broader trend sweeping workplaces, as employees reevaluate their relationship to work and act on the burnout induced by the pandemic.
Interesting perspective from an “essential” worker. And the trend is not limited to retail.
Hospitality jobs are unpopular, and raising the wage may not be enough to lure many former workers back. 38% of former hospitality workers report that they are not even considering a hospitality job for their next position. These workers are transitioning out of the industry in search of a different work setting (52%), higher pay (45%), better benefits (29%), and more schedule flexibility (19%). Over 50% of former hospitality workers who are looking for other work say that no pay increase or incentive would make them return to their old restaurant, bar, or hotel job.
Total individual life insurance policy sales increased 11% in the first quarter, compared with first quarter 2020. This is the highest growth in the number of policies sold in a quarter since 1983. New annualized premium also experienced significant growth, up 15% from prior year, according to LIMRA’s First Quarter U.S. Individual Life Insurance Sales Survey.
I don’t know who you are. I don’t know what you want. If you are looking for ransom, I can tell you I don’t have money. But what I do have are a very particular set of skills; skills I have acquired over a very long career. Skills that make me a nightmare for people like you.
Bryan Mills, played by Liam Neeson in the film Taken
I have multiple relatives who have lived well into their 90’s. My maternal grandmother lived to 100. I’m going to need another source of retirement income. And for all of my friends and colleagues who never thought I would make it this far…