what are the younger generation going to do now?

[AnOrdinaryCitizen]

Originally Posted by Nlambert
Remember, this isn't 1955 and technology has advanced by leaps and bounds. It's a much more difficult and complex race to run now. There are less menial jobs available because to produce these new products requires a much more advanced skillset. Those days are gone, and likely never coming back.


This is a non-issue, because not everyone wants to move up. For those that don't, their options are to move around to avoid being stagnant in a position. Those who stay in one position for 20 years run a high risk of being caught up in company turnover because the value they provided years ago doesn't carry the same weight today.


Manufacturing companies still pay decent wages for those tasks (at least in my area) but promote advancement. The goal is to prepare the next generation of managers and the best way to do that is through experience. Promoting from within gives the company an opportunity to bring people in with experience specific to the company. Since about maybe 2 out of 5 people really want to move up, the issue with having not enough management jobs isn't really an issue at all.


The problem with your assumption that companies are greedy is that it is based on emotion and not experience in these roles. Companies are not all greedy, but do have to protect their bottom line. That is the #1 goal in a company. Without that bottom line, there are NO jobs to provide. I have explained how the conversations go behind closed doors and some of the decisions that have to be made in order to keep the company moving.


Value is real. Let's look at a scenario:


Bob has been with Company A for 20 years. He's dependable and gets his job done on time. He comes in each morning promptly at 8am and works steadily to meet the Production goals given to him which he typically does. At the end of the day, he goes home. Bob has performed this same routine for 20 years with no complaints as to the quality of his work.


Joe has been with company A for 9 months. He's dependable and has learned the ins and outs of the processes he follows daily. He is constantly looking for ways to improve the process. Joe has made some suggestions on process improvements and demonstrated the potential savings by using the new process. Joe's suggestions were implemented, and management offered him an opportunity to cross-train in other areas. Shortly thereafter, Joe identified improvements in new areas and flowed those to management. Management's perception of Joe is that he provides a distinct value to the company that none of the co-workers he works alongside provide. He has created the perception of value.


New competition has been introduced into the market. The company is overseas and thus the cost of their products is almost 40% cheaper than Company A can provide them. Company A scrambles to figure out a way to be competitive. After exploring every avenue, they can only get their costs down by 30%. They still need to find that other 10% or risk failure. The company has to make the decision to lay off to remain solvent. After much evaluation, they determined that a few people will have to go. They don't want to lay off Joe because he provides an identifiable value that will benefit the company. They decide to let Bob go. After all, it is much easier to find a replacement for Bob down the road than Joe.


This happens ALL THE TIME. It's not based on emotion, but based on VALUE. We all look at value when we purchase goods. We all want the most bang for the buck. Companies are no different than that.

Originally Posted by Storm Eagle
For many of the people who do not move up the other choices they have are at pretty much still at poverty level. So all they are doing is moving to one low paying job to another how do I know this I have not only done this I have seen other people do this. My assumption on companies being greedy is that when you have a company making good money and your employee can not even afford basic things like food and shelter yeah that is greedy just look at how the ratio of CEO pay to employee has gone up over the years. There would be no bottom line without the employees. Your scenario assumes that Joe doing all that stuff is gonna get him a raise or promotion when many times it is knowing someone that gets you ahead. If a company is making more profit does not that mean the employees are making more value for the company or do you only think higher ups in a company create more value? Let the employees quit and see how little value they have.

Yeah, wait and see how long (and it will happen soon) that Joe will find somewhere else that pays him more than this company, and Joe will jump as fast as he can. And this company loses both Joe and Bob. That's the trend nowadays, employers don't care about good, hard-working and loyal employees; therefore, employees (especially the young/younger ones) don't care to be loyal to the employers. Yep, someone may say loyalty is in your head. There's no loyalty in the business world, right? The greediness of the employers, CEOs, COOs, higherups causes them high turnovers, time and lots of money to find new employees constantly and to train them, not to mention that they can hardly find good ones anymore. Most people now just want to lie to get the job and work for a while and get experience and jump as fast as they can. That is because they learn from the people before them.