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re: Is Gen Z etc totally out of touch about salaries?

Posted on 5/22/22 at 5:51 pm to
Posted by go ta hell ole miss
Member since Jan 2007
14765 posts
Posted on 5/22/22 at 5:51 pm to
quote:

These kids expect $25 hr+ to do menial tasks in an entry level warehouse position. I said what about the benefits? No care, it's all about their paycheck every 2 weeks


Try paying $25 an hour with no benefits then. Young people don’t appreciate benefits. Once they have a hospital visit or need prescriptions they will, but not u til then.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140756 posts
Posted on 5/22/22 at 5:51 pm to
quote:

They also voted for carter, by a big margin….
FYI 18-21y/o's voted Ford 51%, Carter 49%.
Posted by lsupride87
Member since Dec 2007
112279 posts
Posted on 5/22/22 at 5:55 pm to
quote:

FYI 18-21y/o's voted Ford 51%, Carter 49%.
Nice extremely small age size

18-29 year olds voted 54-46 in favor of carter, which was the boomer voting block
This post was edited on 5/22/22 at 5:56 pm
Posted by Jsand43
Member since May 2021
882 posts
Posted on 5/22/22 at 5:55 pm to
I think you are right, but that's not happening right now. More people than ever voting liberal and not changing. I'm 35 and I honestly did not care to vote until I saw that beautiful orange man on TV.
Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 5/22/22 at 5:55 pm to
Yeah, it wasn’t a landslide. I won a bottle of Turkey on that election. Collected in my Fountainbleau apartment that night/morning after I got off work at the Bengal.
Posted by PowerTool
The dark side of the road
Member since Dec 2009
23338 posts
Posted on 5/22/22 at 5:55 pm to
Any of us who are still working and still trying to get ahead are dealing with the same realities of reduced purchasing power and higher costs of living. As well as external market forces in real estate. It's not a generational issue, or at least shouldn't be.
Posted by greygoose
Member since Aug 2013
15140 posts
Posted on 5/22/22 at 5:56 pm to
I'm not reading 22 pages to find out if someone has already stated this, so forgive me if this has already been pointed out. If the response to inflation is increased wages, how do you think that will affect inflation?

We have a supply issue now. Mainly caused by our government.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 5/22/22 at 5:59 pm to
quote:

Young people don’t appreciate benefits.


I didn't until I we had kids. I could have gone most of my 20s without it.
Posted by lsupride87
Member since Dec 2007
112279 posts
Posted on 5/22/22 at 6:01 pm to
quote:

They grew up
And so will this generation

Look at millenials. Trump gained 8 points with millennials between the 2016 and 2020 election. They soon will vote majority on the conservative ticket as well
This post was edited on 5/22/22 at 6:03 pm
Posted by chity
Chicago, Il
Member since Dec 2008
6860 posts
Posted on 5/22/22 at 6:33 pm to
quote:

They soon will vote majority on the conservative ticket as well


Why aren't they taught conservative values in school? It takes many 20 years to figure out they were taught nonsense.

This is a rhetorical question. We all know why. Hopefully things will change.
Posted by McCorkleJonesGOAT
Member since Apr 2022
362 posts
Posted on 5/22/22 at 6:40 pm to
No they don't have enough to retire, opposite of success.
Posted by Napoleon
Kenna
Member since Dec 2007
74804 posts
Posted on 5/22/22 at 6:49 pm to
Look up Appliantology.org
Pay the yearly membership.
They have all the manuals and instructions. Once you know how to talk to the computer you're ready to go.


You have to know ohms law and be able measure amp draw and see if your resistance is in spec. This saves tearing machines down to measure ohms. Especially great on fridges and dryers. Can diagnose in one minute with an amp meter and the line voltage.
This post was edited on 5/22/22 at 6:50 pm
Posted by UKWildcats
Lexington, KY
Member since Mar 2015
20503 posts
Posted on 5/22/22 at 6:49 pm to
I sure didn't care about the extra benefits at any job I was looking at in my late teens and 20s. Sure, it's nice to have health care but a lot of people that age that I work with now are still on their parents plan, so they don't care about the health insurance yet. Whether they should or not is a different issue.

The 401K stuff yes, it's great. But when you're making 30K a year who cares about a 6% company match. You can't afford to contribute to it. Same for the 15% stock discount option. I worked for a large national big box in management and had similar concerns you have OP, but again, who cares about being able to buy that stock at rhat age when you can barely pay your bills and eat on the salary you're given?

Furthermore, most people that age just need a job. They aren't looking at any of these places starting at $15 as their future and career. They're just trying to pay their bills. The PTO is about the only benefit in that age range that means anything of actual value.
Posted by Loup
Ferriday
Member since Apr 2019
17508 posts
Posted on 5/22/22 at 6:56 pm to
If you're struggling to pay $1500 a month rent in Houston you can make more than that waiting tables or valeting cars
Posted by Dawgfanman
Member since Jun 2015
26420 posts
Posted on 5/22/22 at 7:00 pm to
Not reading this entire thread. I can tell you that my first post HS job was in a warehouse doing picking and unloading trucks. I had all the benefits etc you named off. I made 12 per hour. That was in 1992. I think you are paying too little.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140756 posts
Posted on 5/22/22 at 7:03 pm to
quote:

No they don't have enough to retire, opposite of success.

quote:

Rising number of Baby Boomers retiring may create ‘eye-opening’ changes

The growing number of Baby Boomer retirements nationwide is accelerating, raising concerns locally about losing a large chunk of the workforce sooner than expected.

Data shows nearly 6 million more Boomers in the U.S. retired from October 2020 through March of this year than the same period a year prior, creating a larger void than anticipated in an economy seeking to fill jobs across an array of industries and recover from the woes of the coronavirus pandemic.

LINK


quote:

Baby boomers are preparing to pass on their legacies

The baby boomers (the generation born between 1944 and 1964) collectively hold between $30 trillion to $40 trillion in assets and control roughly 70% of all disposable income. They are expected to pass much of this wealth on to their Gen X and millennial children.

In the next 25 years, as much as $68 trillion from 45 million U.S. households will be passed down from older Americans to their Millennial and Gen X inheritors. This exchange of wealth and change in who the wealthy demographic is will dramatically shift the landscape of wealth management across the U.S.

LINK
Posted by dandyjohn
Member since Apr 2009
804 posts
Posted on 5/22/22 at 7:09 pm to
A 25 page thread full of people celebrating how they're underpaid.

:congrats_you_played_yourself:
Posted by Vamos Brandonos
Member since Mar 2022
1021 posts
Posted on 5/22/22 at 7:12 pm to
Alternate thread title: are boomers totally out of touch about cost of living and inflation?
Posted by dchog
Pea Ridge
Member since Nov 2012
27739 posts
Posted on 5/22/22 at 7:17 pm to
I applied for a box truck driver position at goodwill making $20 an hour. I was told I didn't have the experience and I have a relative that works in the same facility. 15 individuals were called for an interview but only six showed up.

The person wanted to hire me but his superiors had to follow the guidelines top to bottom.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140756 posts
Posted on 5/22/22 at 7:17 pm to
quote:

Alternate thread title: are boomers totally out of touch about cost of living and inflation?
Interesting.
Are you under the impression the OP is a Boomer?
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