Quote:
Originally Posted by RunKC
The trust between employee and employer is as low as it has ever been from what I’ve seen.
People worked hard before because there was an incentive. Pensions, retirement benefits by a certain age and stability.
Millenials have seen boomers get screwed time and time again. I’ve seen people that were 1 year from being eligible for retirement health benefits for life and the company lays them off. A ton of companies don’t offer pensions anymore.
I left my last job in part because they stopped offering retirement benefits. It was age+years of service=75 to become eligible and they stopped offering it for anyone after 2023.
Companies are outsourcing jobs and laying off people in droves and want underpaid, controlled workers with shitty jobs and bad health insurance.
I’m glad this generation is starting to stand up to that. It’s bullshit
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The company I worked for before I retired last year didn't offer retirement health benefits, but I wasn't there looking for that. I planned to handle my own needs because I knew I was the person I could trust most.
Interestingly enough, there were some benefits I was able to take up on my own that were key to me....(legal insurance, hospitalization benefits, etc ) that were reasonable in cost and that I budgeted for.
My employer hired me when I was 60 years old.....I finished my career 8 years later with the same company, so not everyone gets canned 1 year short of retirement or FRA.
I'm a Boomer and in no way do I feel that I was screwed by my company. But, I have told my Millenial daughter that how I lived my life and planned my retirement would be different that she should and that her career would see a different path than mine.
I am retired and live comfortable...nothing wild or extreme, just a nice casual life that I planned for.