Why are young people old?

Anonymous
Anonymous wrote:Are you recruiting upper class folks with trust funds? You need to recruit hungrier people who may have attended less expensive schools with merit aid.


Oh shut it with hungrier. Even those people (oh I was one) know their worth and won’t put up with bs
Anonymous
Anonymous wrote:
Anonymous wrote:At work we are doing mid year reviews and I was told to focus on career goals, long term goals in an effort to improve retention of employees. Plus the board wants us to do succession planning. We need to pick who to groom for the senior mgt jobs. The young employees acted like they were old during mid year reviews For example.

Employee 1. Graduated 2003, two kids around 5 and 12 and wife. I brought up long term career goals and career path. For instance he is eligible sit CPA, I mentioned we would pay. Also discussed how I could get him 3-4 promotions over next 7-12 years, we could get him some board level presentations and set him up long term. He looked my square in eye and said that’s a lot of work and look I want to kick back and retire around 52. I then explained retirement age is going to be around 70 for him so you have 25-30 years left. He said I don’t plan on working that long.

On to women class of 1993. Same story I give. I get look I got two kids 12 and 10 grade my goal is to just get them through in state and in six years my husband gets a state pension we sell my greatly appreciated DC house and retire.

On to employee 3. This time class of 1995 single women never married I get her parents getting older. She has a dog, taking care of parents will inherit home so one promo at best maybe a raise or two she is done.

In same week I interview a person class of 2020 in big 4. I ask why do you want to leave big 4? I get well “at this point in my career” I want to leave big 4 get something stabile, no travel, more regular. Getting engaged soon and I have hobbies. OMG. Scaling back class of 2020.

We literally have a 65 year old CIO and a 64 year old COO.

I am retiring in 5 years. I want to give my job away. But even the class of 2020 already scaling back.

How did these young people get old so quick? Even Gen Z is talking retirement.

Sounds like J3 or is J5 now is not meeting your archaic ways.


What is JG3 and JG5?
Anonymous
Late Gen X class of 1996 here. I spent more than a decade running my entire practice and waiting for the 70+ yo partners to retire and officially pass the baton. Never happened. I’m not interested in carrying anyone else’s water anymore. I’ll just retire and be done with it.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Graduated in 1993 and has a 10 year old? Ouch.


Where do you live? It’s not at all uncommon for women in the DMV to have babies in their early 40s. A 1993 graduate with a 10-year-old had the child at 42.


1992 graduate with 12 year old and 5 year old.

Do not care about promotion. I am
a GS-14 and I don’t want more money for more BS.


Same age, but GS15. I’d be glad to work hard and get promoted, but I can’t. The SES positions are rare, we usually only hire from outside, and it’s only a little bit more $. So yeah, May as well coast to retirement since there’s no reward for harder work.
Anonymous
I looooove my job. But I’m a GS 14, dream job, <10mim commute, fantastic boss, top agency. I just can’t imagine it getting better. It would take an avalanche to make me move out of here. And even then, I have a lot of clout. I’d fight before I’d let some coworker push me out.

I think my management was disappointed I wasn’t interested in a GS 15 job.

That being said, I asked my employees about their career aspirations. They all wanted my job. I’m willing to train them but they need to go elsewhere, I’m mid 30s…
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Graduated in 1993 and has a 10 year old? Ouch.


Where do you live? It’s not at all uncommon for women in the DMV to have babies in their early 40s. A 1993 graduate with a 10-year-old had the child at 42.


1992 graduate with 12 year old and 5 year old.

Do not care about promotion. I am
a GS-14 and I don’t want more money for more BS.


Same age, but GS15. I’d be glad to work hard and get promoted, but I can’t. The SES positions are rare, we usually only hire from outside, and it’s only a little bit more $. So yeah, May as well coast to retirement since there’s no reward for harder work.


Np interesting! Our SES only come from inside. We are a somewhat niche skill set. None of ours have come from outside and we’ve sponsored them for SES
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Class of 08 here, I am definitely done in 10 years when I hit late 40s - early 50s. Already 2mm in net worth today, was never management / no leadership potential, it's more beneficial for me to focus on de-stress and live until 90 than trying to grind for people like you.


You are my alter ego. Our class and NW are so similar. DH has at least $2m, too and makes high six figures. I thought I would make it to late forties, but A I'm at an impasse right now in my career. I am so SICK of making my boss a ton of money. I'm ready to quit. I know he can't replace me because I'm talking to recruiters right now and have other offers, but ultimately, I'm sick of making other people rich.


What kind of job pays like this??


Big law to small firm. DH in financial services. I am so sick of making old men in my firm rich off my hard work. Ready to quit tmw.
Anonymous
Anonymous wrote:Late Gen X class of 1996 here. I spent more than a decade running my entire practice and waiting for the 70+ yo partners to retire and officially pass the baton. Never happened. I’m not interested in carrying anyone else’s water anymore. I’ll just retire and be done with it.


This hits home.
Anonymous
Anonymous wrote:Late Gen X class of 1996 here. I spent more than a decade running my entire practice and waiting for the 70+ yo partners to retire and officially pass the baton. Never happened. I’m not interested in carrying anyone else’s water anymore. I’ll just retire and be done with it.


I'm early GenX and a Fed and I feel the same. With our senior managers now working mostly virtual, they'll never leave. Those retired-on-the-job fossils will be bouncing a grandkid on their lap during a conference call and proudly proclaim, "why would I retire?"
Anonymous
I also think this is fanfiction. Who says this stuff in a progress meeting? You just nod and smile and say you want to get better at X niche skill or whatever.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Graduated in 1993 and has a 10 year old? Ouch.


Where do you live? It’s not at all uncommon for women in the DMV to have babies in their early 40s. A 1993 graduate with a 10-year-old had the child at 42.


1992 graduate with 12 year old and 5 year old.

Do not care about promotion. I am
a GS-14 and I don’t want more money for more BS.


Same age, but GS15. I’d be glad to work hard and get promoted, but I can’t. The SES positions are rare, we usually only hire from outside, and it’s only a little bit more $. So yeah, May as well coast to retirement since there’s no reward for harder work.


And the 14-15 jump is a trap anyway until they fix the cap. There is virtually no financial incentive for a 14 who loves their job to take a hard-but-vital 15, which gives you huge negotiating power.
Anonymous
Anonymous wrote:I also think this is fanfiction. Who says this stuff in a progress meeting? You just nod and smile and say you want to get better at X niche skill or whatever.


Agreed. I think its complete BS or OP is very bad at reading people. The people who want to advance into senior leadership roles make it very clear. Like the Class of 2003 employee without a CPA. This person is in their early 40s and has a family - if he wanted to get a CPA he would have 100 percent done it by now. I agree with another poster that if this is true, OP likely approached upper class WASPY people on the basis that they have "leadership potential" (ie - they look and act like people currently in leadership) but they actually have trust funds and don't have to grind.
Anonymous
Anonymous wrote:Late Gen X class of 1996 here. I spent more than a decade running my entire practice and waiting for the 70+ yo partners to retire and officially pass the baton. Never happened. I’m not interested in carrying anyone else’s water anymore. I’ll just retire and be done with it.


If you graduated college in mid 1990s you're solidly gen x... millennials were in middle school then 😄
Anonymous
Anonymous wrote:
Anonymous wrote:Late Gen X class of 1996 here. I spent more than a decade running my entire practice and waiting for the 70+ yo partners to retire and officially pass the baton. Never happened. I’m not interested in carrying anyone else’s water anymore. I’ll just retire and be done with it.


If you graduated college in mid 1990s you're solidly gen x... millennials were in middle school then 😄


Np. I can’t tell whether people are talking about college or high school
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Graduated in 1993 and has a 10 year old? Ouch.


Where do you live? It’s not at all uncommon for women in the DMV to have babies in their early 40s. A 1993 graduate with a 10-year-old had the child at 42.


1992 graduate with 12 year old and 5 year old.

Do not care about promotion. I am
a GS-14 and I don’t want more money for more BS.


Same age, but GS15. I’d be glad to work hard and get promoted, but I can’t. The SES positions are rare, we usually only hire from outside, and it’s only a little bit more $. So yeah, May as well coast to retirement since there’s no reward for harder work.


I’m a career SES, my base salary is $212,000, my bonus is around $22,000 annually and I have a 720 hour cap on my annual leave, which I will cash out when I retire. It’s much better than my GS15 compensation.
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