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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][list]u[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are people over 40 being discriminated due to age or because of the perception that they are expensive to hire and retain.[/quote]

For both reasons. Many incorrectly assume an older worker will not work as hard as a new graduate. [/quote]

A new graduate can work 14 hour work days. 
Older workers cannot compete with that. If they have kids, there is 0 chance they can compete with that.
So let's not put ourselves into the "work hard" route. [/quote]

Ha ha you think 23 years olds work 14 hour days. [/quote]

Ha ha you can’t hire top talent.[/quote]
Top talent also knows which hedge funds put their workers in a basement without windows and lunch breaks and which ones pay the same $350k starting salary for a balanced workload. So you also can’t hire the very top if you need them to work 14 hours a day. [/quote]

The true number of "top talent" grads is very, very rare.  We're talking about mathematical prodigies, computer scientists, etc...  Not quite Good Will Hunting, but up there.  They get paid whatever they want and work whenever they want because they're just that rare.  Top graduates from top universities are the next tier and are hired to do the work the true geniuses aren't doing.  Their academic resumes and top universities look good to clients and potential clients (i.e. selling prestige or "nobody gets fired for hiring IBM" philosophy from 30-40 years ago).  After that, compensation drops off significantly for new hires (if they can even get in the door).

When it comes to ageism and salary, it all comes down to what you can offer.  If you have a unique skill set that a new grad can't replicate easily (genius), you can still command a high salary no matter how old you are.  Typically this is accompanied by numerous career accomplishments and a top reputation (which a company is also buying).  Likewise, if you have unique experience that is critical to the company's business plan (e.g., expertise in certain emerging markets that the company is targeting), your age won't matter to your compensation.

If you're not getting paid what you're worth (regardless of your age), you need to find a company where your intelligence, skill set, and experience will be valued more.[/quote]

Agree, if you are not valued and you stick around, you are missing out on opportunities to build confidence and new skills, and it shows in the next interview.[/quote]

Again, just being competent and doing your job well is not enough, you have to keep moving like a shark from job to job or battle your way up the ladder or else retire by 55[/quote]

Not necessarily.  You simply move to a government or other job where it's difficult to lay you off.[/quote]

What jobs are difficult to be laid off?  Everyone over 55 can't get the same job.[/quote]

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