Reply to Why do we have ageism in a dynamic labor market?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A lot of workers are lazy in their 20s to 40s and it bites them later in career.

For example I have a 38 year old guy in my dept, nice enough, mediocre college, mediocre grades, bs major. Likes to WFH most days and when comes in he is running for door like building in fired at 425 pm.

No certifications. No graduate degree, no name brand companies on resume, half ass LinkedIn, does zero networking in work or out of work, little sloppy of a dresser.

He is good enough to get job done. No complaints about that. He is type of guy tell him what to do he does it. But not a free thinker.

What happens when he is let go at 55?

[b]I would be expecting by 55, he managed staff, had a certification, MBA, good dresser, professional LinkedIn profile, maybe spoke some conferences, some name brand companies, worked in some interesting things. [/b]

It is a pyramid scheme there are way less VP and up jobs than staff. So at 55 he is way too old staff and way less qualified than the other 55 year olds

He most likely if stays my company does his little job he may find we merged, got a new boss and out he goes.

But his little pee brain at 38 does not realize he is 12 years to 50 and once 50 he is toast unless he ups his game [/quote]

How old are you?

He can be all that I bolded and more, but if he gets a new boss, those at higher levels usually bring in a whole new team and out he goes.  And, you were right about the funnel, there are not enough VP jobs for everyone who is qualified to do a VP job.  Besides, lots of those jobs are up or out - they are not looking to hire a 55 y o who will retire from this job at 65; they are looking for a 40 y o who shows enough potential to be promoted in 5 years freeing a stepping stone for another then 40 y o.

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PP.  to add, at 55 no one cares about your degrees, certifications, or LinkedIn profile.  It’s all about connections.  If the conferences and brand name companies feed into that, that’s a plus.  If not, they mean nothing by themselves.[/quote]

That is 100 percent false. Trust me. When I was laid off my big job at 55 most of my network of senior people I worked for at 25-40 were at retired and of no use. And peers my age was all hungry games if a job came up they keep it themselves.

The 38 year old “staff accountant” who works for me has no Big 4 experience, no CPA or any certification, community college degree with a on-line 4 year degree he did part time, zero name brand companies, no staff working for him. I am 3-4 years from retirement he is good enough. But come my retirement he will be 42. He is already losing some hair and getting some wrinkles at 38. New boss will most likely try to bring in new staff who are more qualified and you get and he will get some severance. But now what?

Screw the connections. His resume won’t make it by HR.

I literally said you have 4-5 years to get CPA or a real MBA and get promoted and manage staff or quit my company do some Big 4 or you risk being unemployed by 45 forever from accounting and audit. Over coffee he looked at me like I was joking.

Also AI is coming he needs better IT skills. I am out of here soon,

But headhunters keep calling me as not many qualified candidates. Got a call last week job in 400k range in my early 60s. Amazing how people think it is only who you know. Yes that helps but you still need to be qualified 
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