Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
70 or Bust - College Essays

70 or Bust

The article 70 or bust is an article that i have to agree to. But in my opinion for this to happen, there need to be two cultural changes:

1) Workers must be willing, at some point, to accept a salary which is lower than the one they had before. Currently, there is such a strong expectation of rising pay with seniority that workers are unwilling to take a lower paying job. Even when they are unemployed. Even when they have been unemployed for several months.

2) Employers must be willing to hire workers who are over 55 years old. (As actual employees, not as temporary consultants.) Currently, the management view seems to be that anyone older is not going to be cost-effective. Combined ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

they get that pension.

You also ought to factor in the fact that, when a large company has to lay off workers, there is a strong incentive to lay off the older (more expensive) workers to get the maximum dollar return. Experience, even company-specific experience, is apparently not valued at all in lay-off decisions. A small company may actually know what benefit they are getting from individual workers; but in a large one management will be, on their track record on this, ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.

Already a member? Login

CITE THIS PAGE:

APA
MLA
Chicago
Turabian

70 or Bust. (2011, April 22). Retrieved January 27, 2025, from http://www.essayworld.com/essays/70-or-Bust/98312

"70 or Bust." Essayworld.com. Essayworld.com, 22 Apr. 2011. Web. 27 Jan. 2025. <http://www.essayworld.com/essays/70-or-Bust/98312>

"70 or Bust." Essayworld.com. April 22, 2011. Accessed January 27, 2025. http://www.essayworld.com/essays/70-or-Bust/98312.

JOIN NOW

Join today and get instant access to this and 50,000+ other essays

PAPER DETAILS

Added: 4/22/2011 12:50:11 AM
Submitted By: kingazzes
Category: Economics
Type: Premium Paper
Words: 286
Pages: 2

Save |

Report

SHARE THIS PAPER

SAVED ESSAYS

Save and find your favorite essays easier