re You're How Old? We'll Be in Touch

["Dave Farber" <farber () gmail com>]

Begin forwarded message:

> From: "Kevin G. Barkes" <kgbarkes () gmail com>
> Date: September 21, 2016 at 11:50:01 AM EDT
> To: <dave () farber net>
> Subject: RE: [IP] re You're How Old? We'll Be in Touch
> Reply-To: <kgbarkes () gmail com>
>
> Hi Dave,
>
> Another problem is that if you've been a good, long-term employee and
> received 2-3% merit increases annually, you suddenly find yourself sticking
> out like a sore thumb when the business consultants come in to streamline
> the operation and start comparing the salaries of persons in the same
> relative position in the firm. A friend referred to it as being "merited
> into oblivion."
>
> Let's say the hypothetical starting salary for a position in 2000 was $35K,
> but you had more experience or other attributes that made you more valuable,
> so you got $45K. Annual 3% merit raises would put you at $72K in 2016.
> True, the starting salary doesn't remain static, and new hires aren't
> getting $35K, but they're not getting $72K, either.
>
> Need to save money? Let's fire up the ol' payroll spreadsheet and do a
> descending sort. Who are these outliers being paid these outrageous sums?
> Can them, and you can get a lot of spare cash. Or you can get at least 1.5
> times as many cheap new employees who probably have more timely skills,
> anyway, but don't say that, just say we're doing some belt-tightening, which
> is true.
>
> I saw this happen to three people in the past year. It's not really ageism,
> per se... but with age comes experience, and experience costs, and sometimes
> that cost falls outside the current perceived market value for that
> position. Unfortunately, the spreadsheet doesn't have cells for extenuating
> circumstances.
>
> Of course, the terminated oldster then has to deal with the most common
> situation preventing him or her from getting another job... they're
> "overqualified."
>
> My favorite response to this was "What if I dial it back a notch or three to
> *your* level?"
>
> Regards,
>
> KGB
>
> -----
> Kevin G. Barkes
> Email: kgbarkes () gmail com
> KGB Report:
> http://www.kgbreport.com
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