The boomers ate all the avocados
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Yeah. I could talk all day about this.
I think you have to look at how HR sees talent and recruitment and how technology has played a role in that.
Back in the day, say any time before the internet, how on earth would an employer know if you were "best in the market" or not. No-one really knew anything, so the old boomer advice of "going to the CEO" and "showing initiative " or "starting in the mail room" probably was enough to get your foot in the door; WTF else were they gonna go on?
Now, not just with everything online, software to sift through thousands of CVs, professional recruiters across the spectrum, employers demand highly specific skills because they know eventually, they'll be able to sift through and find people, because there is maybe a 5-10% better retention rate by doing that.
Job hunting nowadays as a grad, honestly, anyone over the age of 45 wouldn't remotely recognise it. It's a deeply alienating, soulless process where you are desperately trying to second guess what the Algo they've chosen wants.
Further down the line, it's the same.
The amount of times I have produced work where I "show" the market for a particular role, and show who's better and worse (by various metrics, some better than others), and compare who the firm has versus what's available. That information was just not available 30 years ago. Obviously, we all know where my incentives are for that work...
So you have to be really good at your job, really good at whatever metric they measure you on, or you're toast, nowadays. There's always someone who can replace you - at least, if there is, they will.
So if it is a tight labour market, let's face it, the company won't pay you more - hell, this is Britain. So employees are gonna make sure they don't deplete their wages per hour by working up to the stated hours and not a second longer.
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"A brief history of nobody wants to work anymore"
https://twitter.com/paulisci/status/1549527748950892544?t=Sras5A99yCFv4yHk9HCN7A&s=19
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Yeah that's true and I did a piece at uni saying the same thing about violence and drinking and young people all the way back to the beginning of the 18th Century.
I do think there is a cultural shift in working practices though. I keep explaining to the grads there is opportunity to do really well if things go well and they just don't believe you.
I guess that's what happens when the entire time they've been aware of the economy, it hasn't grown.
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On the 'live longer' one are my eyes playing up or is it actually lighter than all the surrounding area (more the shade of East Midlands? Bottom one just confirms my 'London isn't all it's cracked up to be' bias 😉
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If only anyone had thought to mention that earning potential doesn't lead to happiness...
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the 'relative misery' graphic just reflects that there're plenty of poor/deprived in london, i'd guess they're the ones way below median earnings and with little prospect of improvement
yep, it's a bit lighter, again there're plenty who will have shorter/declining life expectancy
three chart that demonstrate how charts may not be a good way to communicate complex situations
my bike - faster than god's and twice as shiny1 -
Pretty sure there are classical Latin texts grumbling about the youth of the day. It's all just grumpy old farts talking bollox.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
Yeah, especially when the headline on the chart isn't actually reflective of the graphic (which was my point with the second one).
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People move out of London when they get old if they can afford it.
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Go to a show at the Barbican and have a meal in the restaurant beforehand. There are a lot of well-heeled over-65 culture vultures.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
And still time to make the last train out of London.
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To pick up one of Ricks favourite subjects..."paved with gold" = slightly higher median earnings than Mississippi
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You can both me right. There are people who retire to London and there are people who retire to the countryside, beach etc.
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Depends what day of the week. I'm not claiming one evening out provides a representative sample but it was quite striking.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
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Obviously not everyone leaves when they get money and are looking towards retirement, but I'd be interested in how many move to London to retire. Not many surely.
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Only old people can afford a house there so if they leave does that mean London is empty?
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I have no statistics, but have met a few people who have done it. Typically the kids have left home and they want to downsize. Then they think it would be fun to live in London. Although, in some cases it is just a second home.
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I just can't see people moving from the 'shires' to London to retire. I get that maybe a few from the M25 borders may move more central.
I do know that quite a few have kept on the flats they bought when they were earlier in their careers when then subsequently moved out, and so have somewhere to stay for short trips to London. But I wouldn't call that retiring to London.
As KG says, loads leave London when they retire.
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I think I know of one friends parents who did it, although slightly complicate backstory. Their kids had moved to London, had grandkids etc. They had no particular roots elsewhere having moved around quite a bit, sold up in the sticks and moved near the grandkids.
I can kind of see the appeal as long as you have a bit of cash (although it's definitely not for me) - everything is nearby so no need to drive everywhere, you can walk, public transport or taxi. Loads to do with your spare time (galleries, theatre etc) during the day/evening. Obviously you wouldn't want to move to a Peckham high rise but if you can afford somewhere nice and reasonably quiet, there are plus points.
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Top tip for anyone reading this thread and thinking of retiring to the sticks. Ensure shops and amenities are within walking distance and you are on good PT routes.
The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
It amuses me when I see old people on escape to the country that don't seem to have thought of that. My inlaws are probably going to get rid of their static caravan because my father-in-law is no longer able to drive and they are basically stuck down there (mother-in-law can still drive but hadn't for several years after a serious illness that left her partially paralysed and in hospital for months so doesn't like doing more than local stuff).
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Oh, and you want to remain within reasonable travel distance from friends and family otherwise things get tricky the more frail you get.
My point of reference is my uncle who lived in his idea of paradise but fell foul of all of the above.
The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
And close to a decent hospital…. they come in handy.
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Looks like the threat of the Boomers is fading and the next big thing will be civil war amongst Millennials. When you run out of oldies to blame... 😊
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]1 -
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Is it silly of me to suggest that this has happened, like forever?
The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.2 -
