this post was submitted on 13 Feb 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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Employers demonstrated their infidelity to their staff by paying loyal workers, on average, 7% less than new hires โ€” 20 years ago, salaries were largely the same between new and longtime employees.

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[โ€“] stoly@lemmy.world 5 points 7 months ago

Younger Silent and older Boomers definitely got the biggest shaft of all. This was the group of people who were promised a pension and regular retirement. Then the idiots who manage the companies ran them into bankruptcy and got business-friendly bankruptcy judges to dissolve the pensions, leaving retired and retiring people with nothing to fall back on. Younger Boomers looked at that and went "sounds good to me!".