Will Millennials Be Forced Out of Tech Jobs When They Turn 40? (ieeeusa.org)
dcblogs shared an interesting article from IEEE-USA's "Insight" newsletter:
Millennials, which date from the 1980s to mid-2000s, are the largest generation. But what will happen to this generation's tech workers as they settle into middle age? Will the median age of tech firms rise as the Millennial generation grows older...? The median age range at Google, Facebook, SpaceX, LinkedIn, Amazon, Salesforce, Apple and Adobe, is 29 to 31, according to a study last year by PayScale, which analyzes self-reported data... Karen Panetta, the dean of graduate engineering education at Tufts University and the vice president of communications and public relations at the IEEE-USA, believes the outcome for tech will be Logan's Run-like, where age sets a career limit... Tech firms want people with the current skills sets and those "without those skills will be pressured to leave or see minimal career progression," said Panetta...
The idea that the tech industry may have an age bias is not scaring the new college grads away. "They see retirement so far off, so they are more interested in how to move up or onto new startup ventures or even business school," said Panetta. "The reality sets in when they have families and companies downsize and it's not so easy to just pick up and go on to another company," she said. None of this may be a foregone conclusion. Millennials may see the experience of today's older workers as a cautionary tale, and usher in cultural changes...
David Kurtz, a labor relations partner at Constangy, Brooks, Smith & Prophete, suggests tech firms should be sharing age-related date about their workforce, adding "The more of a focus you place on an issue the more attention it gets and the more likely that change can happen. It's great to get the new hot shot who just graduated from college, but it's also important to have somebody with 40 years of experience who has seen all of the changes in the industry and can offer a different perspective."
The idea that the tech industry may have an age bias is not scaring the new college grads away. "They see retirement so far off, so they are more interested in how to move up or onto new startup ventures or even business school," said Panetta. "The reality sets in when they have families and companies downsize and it's not so easy to just pick up and go on to another company," she said. None of this may be a foregone conclusion. Millennials may see the experience of today's older workers as a cautionary tale, and usher in cultural changes...
David Kurtz, a labor relations partner at Constangy, Brooks, Smith & Prophete, suggests tech firms should be sharing age-related date about their workforce, adding "The more of a focus you place on an issue the more attention it gets and the more likely that change can happen. It's great to get the new hot shot who just graduated from college, but it's also important to have somebody with 40 years of experience who has seen all of the changes in the industry and can offer a different perspective."
Surprise surprise, I didn't expect that to happen, but a large company just recruited me.
And I'm not even the oldest one they recruited, the oldest one was over 60. In fact, in our group of 20 people just newly recruited, every age group imaginable was represented, everyone from 19 to 60+ and inbetween.
I'm still kinda surprised by that, pleasantly surprised - but quite surprised. Guess there's a lot of common misconceptions about age discriminations.
What this world is coming to - is for you and me to decide.
I'm not sure age has much to do with it if you are 'good'. I'm 38 years old, been running my own tech company since 2000/2001. (We are small - 7 employees). We hired a really talented guy in his early 20's a couple months ago. More than satisfied with his work to say the least, and he was pretty good with the customers. I was more than satisfied with his tech capabilities, but didn't always work things out logically I found, missing the target - but he'll learn over time. Sadly, had to let him go this week, he could never arrive on time - and you could never, not once, get a hold of him on his mobile/email/etc during or after hours. I'm not talking 5 minutes late to work, I'm talking hours late to work, 4 out of 5 days a week - every week. WORK ETHIC COUNTS. I have shown up to work on zero hours sleep, hung over, etc - on-time and still effective. Same goes with the rest of the staff. People who know their stuff and are willing to learn will last forever. I have no age biases. I have a guy nearing retirement working for us for the past 8 years, and for the past 3 years I have a 21 year old (started 19 - still in school). Be a productive employee and keep learning & adapting - you'll last forever........ IF your workplace is not comprised of short sighted douche bags (or the environment is 'too' corporate).