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Politics : Formerly About Advanced Micro Devices
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To: J_F_Shepard who wrote (588395)10/8/2010 3:12:59 PM
From: TimF  Read Replies (1) of 1582325
 
If business are going through great lengths to squeeze out older people (and I agree in some cases this is done), than that would normally be because the old person isn't worth what he is paid by the company any more. If that's the case, then firing the person straight out, or reducing their pay, might make more sense, but might not be done because of legal issues (anti-discrimination law even though firing someone because they aren't sufficiently productive isn't discrimination based on age, contract issues, etc.), or perceived effect on moral of other employees, or as in your Japanese example the culture of "lifetime employment" (which has to a great extent gone away even in Japan, but perhaps not completely).

The existence of such tactics (or the more simple firing of no longer wanted employees), hardly means that there are no jobs for people over 25. It isn't a counter to my statement - ""Lots of businesses keep them on. As long as they are productive, and don't demand much higher compensation than other employees (or are more productive or useful than the other employees so as to support the higher compensation), than its in the interests of the business to do so. ". Even in a recession we still have millions of people over 65 with jobs. In the long term the recession will no longer be a factor and we will have more and more people over 65 and more and more of them will be employed.
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