Gen Z is in trouble

28,376 Views | 344 Replies | Last: 1 mo ago by WestHoustonAg79
Im Gipper
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Looks like they are doing just fine!


I'm Gipper
1981 Monte Carlo
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txyaloo said:

1981 Monte Carlo said:

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

Better get used to it. I've shared my salary/bonus info with coworkers for 25+ years. I share it with the kids graduating today so they know what to expect in industry. Leadership enjoys keeping it hidden so they can screw people over, and people are sick of it.

I won't apply for any jobs that don't list salary in the req. That's a clear indicator they want to pay less than market rates.

Pay people fairly and you don't have to worry about them discussing salary. Pay the new person off the street, doing the same job at the same grade, $20k more, and people are rightly going to get frustrated.

Yeah, they should list the salary for a position, I agree. But the concept of every employee knowing what the other makes, or colleagues straight up discussing what they make, is super weird to me...and a recipe for unrest within an organization. Not everyone is apples to apples. We have experienced this...analyst b talks to analyst a and analyst a tells him what he got as a bonus, and what he grosses each paycheck. Then analyst b is angry and starts completely loafing or looking for another job and it's super hard to convince them that it is because they are not quite as good as analyst a or don't contribute as much.

But this used to be general fatherly advice back in the day, not to discuss $$$ or politics with coworkers. Management never finds it admirable, quite the opposite.
Im Gipper
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Quote:

But this used to be general fatherly advice back in the day, not to discuss $$$ with coworkers.

100% this!

I'm Gipper
ErnestEndeavor
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The bottom is going to fall out of the data center build out within the next year or two. A lot of these agreements are just vaporware projects.
twelve12twelve
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1981 Monte Carlo said:

1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.

I will say this...while I have been pleasantly surprised with the work ethic of the Gen Z'ers we have hired in recent years...I have also noticed that they often times have unrealistic expectations in terms of their career track and "advancing". Some of them expect a promotion to management within 1-2 yrs of being hired...it's crazy. I get it, they are pinched with high costs of everything, but some of these kids are out of their mind and must have been taught how amazing ans exceptional they were their whole lives.

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

That's because HR doesn't want people knowing they're actually being underpaid compared to the nepo hire.
1981 Monte Carlo
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twelve12twelve said:

1981 Monte Carlo said:

1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.

I will say this...while I have been pleasantly surprised with the work ethic of the Gen Z'ers we have hired in recent years...I have also noticed that they often times have unrealistic expectations in terms of their career track and "advancing". Some of them expect a promotion to management within 1-2 yrs of being hired...it's crazy. I get it, they are pinched with high costs of everything, but some of these kids are out of their mind and must have been taught how amazing ans exceptional they were their whole lives.

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

That's because HR doesn't want people knowing they're actually being underpaid compared to the nepo hire.

We don't have any of those and I have found those to be extremely rare in my several decades of experience. But you young bucks go ahead and gossip about salaries and bonuses, I would just strongly recommend you don't let management find out. It's actually considered pretty trashy by most who weren't raised by helicopter parents and Blues Clues.

From my experience, all things being equal, the better employees almost always get paid more. Problem is, just about every young employee thinks they're the best, and completely worthy of their colleague's salary.
twelve12twelve
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1981 Monte Carlo said:

twelve12twelve said:

1981 Monte Carlo said:

1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.

I will say this...while I have been pleasantly surprised with the work ethic of the Gen Z'ers we have hired in recent years...I have also noticed that they often times have unrealistic expectations in terms of their career track and "advancing". Some of them expect a promotion to management within 1-2 yrs of being hired...it's crazy. I get it, they are pinched with high costs of everything, but some of these kids are out of their mind and must have been taught how amazing ans exceptional they were their whole lives.

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

That's because HR doesn't want people knowing they're actually being underpaid compared to the nepo hire.

We don't have any of those and I have found those to be extremely rare in my several decades of experience. But you young bucks go ahead and gossip about salaries and bonuses, I would just strongly recommend you don't let management find out. It's actually considered pretty trashy by most who weren't raised by helicopter parents and Blues Clues.

From my experience, all things being equal, the better employees almost always get paid more. Problem is, just about every young employee thinks they're the best, and completely worthy of their colleague's salary.

"Gossip" lol, you people can't help yourself. As if this board isn't one big gossip factory that happens to be about politics.
jja79
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AG
LMCane said:

we are seeing in Federal Reserve numbers that the youngest in the workforce are not making any money / no savings and obviously are not able to purchase homes.

actual statistics are showing this youngest generation not doing as well as the prior generation- which is the FIRST time that has happened in US history

so something is going on.


This isn't true.
Im Gipper
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Quote:

Gossip" lol, you people can't help yourself. As if this board isn't one big gossip factory that happens to be about politics.



Don't take this the wrong way, please, but this might be the dumbest attempt at a gotcha I have seen the history of F16. Others have been here longer than me, so maybe they can think of something worse.

If you can't understand the difference between what he is talking about regarding salaries at the workplace compared to politics talk on an anonymous message board, you may need to consider having your noggin screws tightened


I'm Gipper
Rocky Rider
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Im Gipper said:

Quote:

But this used to be general fatherly advice back in the day, not to discuss $$$ with coworkers.

100% this!


By the time I left the workforce 2 years ago, managers assumed that anytime they handed out a promotion or raise that most everyone on the team would know about it in a few weeks. This is so far from how things were when I entered the workforce 40 years earlier. I chalked it up to the FB influence. Everyone seems so eager to share every detail about their life with the entire world. There's no understanding that some things are just better off not said.
basic8
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Im Gipper said:

Quote:

But this used to be general fatherly advice back in the day, not to discuss $$$ with coworkers.

100% this!

agree. This is interesting topic and can veer off, as I have let it, expecting college lockerrooms to suffer because of loose lips.
Pizza
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1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.


People are trying to use their personal experiences to gauge the "central tendency" of an entire generation, which isn't a good idea.

I've seen plenty of lazy millennials/gen Z & plenty that are industrious...but neither of those behaviors always correlates with success.

For several years I put in more hours/week than anyone in my family that came before me, with a high quality work product, and despite a borderline unhealthy work ethic, still suffered setbacks that I have almost recovered from by living as far below my means as is reasonable.

There is plenty of good/bad in every generation. Time always proves those who judge unfairly to be incorrect, and at risk of being judged unfairly by others as a result of that behavior. I think Gen Z will turn out just fine.
Texag5324
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twelve12twelve said:

1981 Monte Carlo said:

1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.

I will say this...while I have been pleasantly surprised with the work ethic of the Gen Z'ers we have hired in recent years...I have also noticed that they often times have unrealistic expectations in terms of their career track and "advancing". Some of them expect a promotion to management within 1-2 yrs of being hired...it's crazy. I get it, they are pinched with high costs of everything, but some of these kids are out of their mind and must have been taught how amazing ans exceptional they were their whole lives.

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

That's because HR doesn't want people knowing they're actually being underpaid compared to the nepo hire.

Every employee Ive ever seen complain about their pay was because they found out xyz coworker was making more than them, and they were typically one of the worst employees in the department lol. Ive seen women employees do this a lot, they can not stand to see another woman make more than them, even if the higher paid employee is a top performer.
flown-the-coop
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bonfarr said:

Electricians working in the Data Centers in DFW are making $250k+ according to an interview I saw from a business insider.

My nephew is waiting on an open position with a telecom sub to get a job doing nothing more than plugging in cables. With OT he easily could pull down $75k to $90k.

Those who snub these jobs remind me of the old nobles in England who have their grand estates fall into disrepair and receivership because they were unwilling to swallow their pride, end their sense of entitlement, and carry on.

Once you understand that, the posers constantly complaining about the raw hand dealt to them are pretty easy to identify.
flown-the-coop
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txyaloo said:

1981 Monte Carlo said:

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

Better get used to it. I've shared my salary/bonus info with coworkers for 25+ years. I share it with the kids graduating today so they know what to expect in industry. Leadership enjoys keeping it hidden so they can screw people over, and people are sick of it.

I won't apply for any jobs that don't list salary in the req. That's a clear indicator they want to pay less than market rates.

Pay people fairly and you don't have to worry about them discussing salary. Pay the new person off the street, doing the same job at the same grade, $20k more, and people are rightly going to get frustrated.

Such a poor take. And you've done this for 25 years?

I entered the work force formally 26 years ago. One of the absolute best pieces of advice was from an accounting partner… "if you discuss your compensation with a coworker you will both walk away dissatisfied and uncomfortable.

Unless you work in a union, as a day laborer, grocery store clerk, toll booth operator, then comparing of compensation is indeed a clumsy and dumb idea.

The other great advice on compensation is to pay your key employees enough to where they will not look for another job - that was from my boss in big corporate America.

As a small business owner I follow my own advice. Pay your employees the minimum amount it takes to keep them from seeking employment elsewhere. Before you scoff at that, think about it. It's simply a reflection of supply-demand economics.

I would ask that you please stop giving the terrible advice for recent grads to share their salary, confront their management over such, and demand equal pay for equal work.

It will NOT lead to prosperity in the long term.
SigAg6
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AG
They will be fine once you die
flown-the-coop
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ErnestEndeavor said:

The bottom is going to fall out of the data center build out within the next year or two. A lot of these agreements are just vaporware projects.

So go make bank for a year or two, save some powder and carry on. This is not hard.
flown-the-coop
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twelve12twelve said:

1981 Monte Carlo said:

1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.

I will say this...while I have been pleasantly surprised with the work ethic of the Gen Z'ers we have hired in recent years...I have also noticed that they often times have unrealistic expectations in terms of their career track and "advancing". Some of them expect a promotion to management within 1-2 yrs of being hired...it's crazy. I get it, they are pinched with high costs of everything, but some of these kids are out of their mind and must have been taught how amazing ans exceptional they were their whole lives.

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

That's because HR doesn't want people knowing they're actually being underpaid compared to the nepo hire.

If you accepted the salary in compensation for the work you are performing, how the hell are you underpaid?

Sounds to me like you spoilt and have a sense of entitlement. No one is systemically underpaying in corporate America these days. Get real.
flown-the-coop
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AG
Rocky Rider said:

Im Gipper said:

Quote:

But this used to be general fatherly advice back in the day, not to discuss $$$ with coworkers.

100% this!


By the time I left the workforce 2 years ago, managers assumed that anytime they handed out a promotion or raise that most everyone on the team would know about it in a few weeks. This is so far from how things were when I entered the workforce 40 years earlier. I chalked it up to the FB influence. Everyone seems so eager to share every detail about their life with the entire world. There's no understanding that some things are just better off not said.

In our small business I had a key employee that did a fantastic job over a difficult period and I rewarded her handsomely for it.

Her next step was to piss on the laundry of the ladies in the office. She printed out her bonus information and left it casually on the printer.

I fired her for it.

Gipper is right, follow the fatherly advice or enjoy comparing your take home unemployment checks and Section 8 housings vouchers.
bonfarr
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AG
I am old school and don't discuss pay either. I remember early in my career right after A&M I stumbled upon evidence of peers that made more than I did. I was covering for someone during their vacation and had to manage the payroll for their territory and it included my coworkers salary. I didn't mention it but my boss realized I had to have seen it and explained to me the employees that came from a company we acquired all were paid higher salaries because that company simply paid more. That company went bankrupt too.

Yeah I was ticked but I never mentioned it and every supervisor I had mentioned it in performance reviews and they took care of me and within a few years I was making more than the others and was the one being promoted.

Nothing good can come from chatting over salary. in my experiences if you provide value to your employer the salary will be there.
flown-the-coop
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Texag5324 said:


Every employee Ive ever seen complain about their pay was because they found out xyz coworker was making more than them, and they were typically one of the worst employees in the departent lol. Ive seen women employees do this a lot, they can not stand to see another woman make more than them, even if the higher paid employee is a top performer.

Too funny. See my example just above and before I read your post.

Women are the worst on this. And soy boy neckbeards in "IT".
flown-the-coop
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bonfarr said:

I am old school and don't discuss pay either. I remember early in my career right after A&M I stumbled upon evidence of peers that made more than I did. I was covering for someone during their vacation and had to manage the payroll for their territory and it included my coworkers salary. I didn't mention it but my boss realized I had to have seen it and explained to me the employees that came from a company we acquired all were paid higher salaries because that company simply paid more. That company went bankrupt too.

Yeah I was ticked but I never mentioned it and every supervisor I had mentioned it in performance reviews and they took care of me and within a few years I was making more than the others and was the one being promoted.

Nothing good can come from chatting over salary. in my experiences if you provide value to your employer the salary will be there.

I had a controller storm into my office demanding a promotion and raise because I gave someone on the operations side a bonus and raise for killing it on a separate project than the earlier example of mine.

Result, she never got another raise from me and I reassigned her to work only for a sister company who has different management structure.

Had she come to my office and laid out why she thinks, without reference to another employee, she deserves more comp, she would have gotten it.

Folks should not be afraid to make a case for their worth. But you make a case, live with the results, and decide to stay or move on.
infinity ag
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Why do the Boomers here hate Gen Z-ers so much? They always seem to be virtue-signaling about how hard they worked back in the day, how they still made it, how they never had anything handed to them yada yada.

We get it. Boomers had it tough. But succeeding generations are no slouches either.
infinity ag
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bonfarr said:

I am old school and don't discuss pay either. I remember early in my career right after A&M I stumbled upon evidence of peers that made more than I did. I was covering for someone during their vacation and had to manage the payroll for their territory and it included my coworkers salary. I didn't mention it but my boss realized I had to have seen it and explained to me the employees that came from a company we acquired all were paid higher salaries because that company simply paid more. That company went bankrupt too.

Yeah I was ticked but I never mentioned it and every supervisor I had mentioned it in performance reviews and they took care of me and within a few years I was making more than the others and was the one being promoted.

Nothing good can come from chatting over salary. in my experiences if you provide value to your employer the salary will be there.


I am Gen X. I neer shared my pay with anyone in my entire career (except wife and mom/dad). Now I think now sharing pay is nonsense and plays into corporations hands.

If employees knew how much each of them were getting it would be true free market. If I was making 100k and Steve was making 110k, then I had 3 options.

1. Do nothing - Then nothing happens.
2. Tell the boss I want more. He may increase my salary or he can tell me to F off. If he tells me to F off, then I can find a new job that actually paid me more and quit. If I cannot find one, I STFU and take what I am given.
3. I look for another job that pays me 120k. If I get one, great, if not, I keep looking or give up.

But corps ruined it all by making it a "culture" that emps don't share pay. Why? No one knows, we just follow like programmed robots for decades and decades.

Winner? Corps. Loser? Emps.

In Asia (China, India), they all know each other's pay. So they can bargain better or take informed decisions. Here we screw ourselves because we are masochists.

Think about it.
techno-ag
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infinity ag said:

Why do the Boomers here hate Gen Z-ers so much? They always seem to be virtue-signaling about how hard they worked back in the day, how they still made it, how they never had anything handed to them yada yada.

We get it. Boomers had it tough. But succeeding generations are no slouches either.
Maybe they're all successful CEOs.
The left cannot kill the Spirit of Charlie Kirk.
Aggie Dad Sip
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If a company can justify what they pay each employee, why would they be opposed to those salaries being shared?

"Why is he making more than me?"

"Because of x, y and z. If you don't feel like you're being compensated fairly, take your chances on the open market."
flown-the-coop
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Aggie Dad Sip said:

If a company can justify what they pay each employee, why would they be opposed to those salaries being shared?

"Why is he making more than me?"

"Because of x, y and z. If you don't feel like you're being compensated fairly, take your chances on the open market."

Sure! They should also divulge all their terms, conditions, prices and discounts they have with business partners, customers and suppliers!

Screw any concept of proprietary and confidential information! Why not release all rights to patents and intellectual property whilst they're at it.

Me thinks you have not thought this through or have not had much exposure to how things work in the real world.
WestHoustonAg79
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Me thinks you're conceded and self important. I bet your employees hate you.
flown-the-coop
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WestHoustonAg79 said:

Me thinks you're conceded and self important. I bet your employees hate you.

Man, so much so that 5 of them have worked with me for 15+ years. Hate me so much they came to my mom's funeral.

And is conceited which would be redundant with "self important".

Other than that you seem to have it right.

So awesome when a poster owns themselves so clearly.

Do better next time.
TexasRebel
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1981 Monte Carlo said:

twelve12twelve said:

1981 Monte Carlo said:

1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.

I will say this...while I have been pleasantly surprised with the work ethic of the Gen Z'ers we have hired in recent years...I have also noticed that they often times have unrealistic expectations in terms of their career track and "advancing". Some of them expect a promotion to management within 1-2 yrs of being hired...it's crazy. I get it, they are pinched with high costs of everything, but some of these kids are out of their mind and must have been taught how amazing ans exceptional they were their whole lives.

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

That's because HR doesn't want people knowing they're actually being underpaid compared to the nepo hire.

We don't have any of those and I have found those to be extremely rare in my several decades of experience. But you young bucks go ahead and gossip about salaries and bonuses, I would just strongly recommend you don't let management find out. It's actually considered pretty trashy by most who weren't raised by helicopter parents and Blues Clues.

From my experience, all things being equal, the better employees almost always get paid more. Problem is, just about every young employee thinks they're the best, and completely worthy of their colleague's salary.


Then stop making them evaluate themselves.
txyaloo
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flown-the-coop said:

txyaloo said:

1981 Monte Carlo said:

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

Better get used to it. I've shared my salary/bonus info with coworkers for 25+ years. I share it with the kids graduating today so they know what to expect in industry. Leadership enjoys keeping it hidden so they can screw people over, and people are sick of it.

I won't apply for any jobs that don't list salary in the req. That's a clear indicator they want to pay less than market rates.

Pay people fairly and you don't have to worry about them discussing salary. Pay the new person off the street, doing the same job at the same grade, $20k more, and people are rightly going to get frustrated.

Such a poor take. And you've done this for 25 years?

I entered the work force formally 26 years ago. One of the absolute best pieces of advice was from an accounting partner… "if you discuss your compensation with a coworker you will both walk away dissatisfied and uncomfortable.

Unless you work in a union, as a day laborer, grocery store clerk, toll booth operator, then comparing of compensation is indeed a clumsy and dumb idea.

The other great advice on compensation is to pay your key employees enough to where they will not look for another job - that was from my boss in big corporate America.

As a small business owner I follow my own advice. Pay your employees the minimum amount it takes to keep them from seeking employment elsewhere. Before you scoff at that, think about it. It's simply a reflection of supply-demand economics.

I would ask that you please stop giving the terrible advice for recent grads to share their salary, confront their management over such, and demand equal pay for equal work.

It will NOT lead to prosperity in the long term.

I've received the same advice in my career. I don't discuss salary openly with everyone at work, but I do share it with trusted partners and mentors. It's been valuable to me in career planning and progression.

As a business owner, I don't fault you for trying to pay as little as possible. Your job is to minimize costs and maximize your profit. I work to live. I don't live to work. My job as an employee is to maximize my revenue while doing the minimum required to stay employed (same model as yours). The only way for me to do that is to understand the market.

There's a massive veil of salary/RSU/bonus expectations because no one ever talks about it. I want to know what other companies and other roles within my company are paying. That's generally been hidden the last 20+ years. My company used to have a salary structure tool so you could see the salary ranges for every role within your pay band or one band higher/lower. It was a great way to plan career advancement and expectations for salary negotiations. They removed that tool during covid.

I also never said I tell recent grads to confront management or demand equal pay. I said I share my salary and bonus details with them, along with what I've made through the stages of my career, so they understand what career progression looks like and what realistic salaries are in the early years. I think that's important for them to understand most will have lean years at the start of their careers. These are things I never heard discussed at A&M in business classes. How are kids supposed to get that knowledge if we aren't teaching them?

While I appreciate your advice, my career has been fine. I've spent long stints at tech companies with good salaries and work life balance. There are multiple ways to navigate the world and work.
whytho987654
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1981 Monte Carlo said:

It's the first generation truly staring a dystopian future in the face. The first in a long time to have it worse than their parents. Social media, pop culture and hyper consumerism has done a number on them. Can't blame it on drugs or booze because it is the most sober generation.

Lot's of concernig trends and will be interesting to see how it plays out.

I am hoping that it somehow results in a lot of people having children later in life. While there are societal "cons" to that, we could use a generation raised by older, more mature, and morally upright people that have significant actual life experienc under their belt. Most clearly aren't mature enough to have and raise children now.

Everything is commercialized and turned into an ad or designed to squeeze as much profit out as possible. Our foods have been turned into generic corporate slop bowls, and this is gen z fault?
whytho987654
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1981 Monte Carlo said:

twelve12twelve said:

1981 Monte Carlo said:

1st Generation Ag said:

I'm 43, which makes me an early-cohort Millenial (also a former Marine officer with 12 years in corporate finance). I'm old enough to remember when the thing for X-ers (and Boomers) to do was ridicule Millenials in the workforce. They said Gen Y were lazy, fragile, distracted, and needed constant handholding. I guess time has marched on because now it's X-ers and Millenials dumping on Zoomers.

The Gen Z-ers that I work with are all diligent, smart, and really care about doing a good job. Plus ca change, I suppose.

I will say this...while I have been pleasantly surprised with the work ethic of the Gen Z'ers we have hired in recent years...I have also noticed that they often times have unrealistic expectations in terms of their career track and "advancing". Some of them expect a promotion to management within 1-2 yrs of being hired...it's crazy. I get it, they are pinched with high costs of everything, but some of these kids are out of their mind and must have been taught how amazing ans exceptional they were their whole lives.

But the craziest thing I have noticed, is that they will straight up share information regarding bonuses/raises etc. amongst their peers. I was always raised to avoid talking about politics or money at work, but many of these kids were raised differently. Me and my coworkers NEVER shared our salaries or bonuses with each other in the earlier 2000's. Everyone knew not to do that. We have addressed this with them multiple times over the years and they still continue to do it.

That's because HR doesn't want people knowing they're actually being underpaid compared to the nepo hire.

We don't have any of those and I have found those to be extremely rare in my several decades of experience. But you young bucks go ahead and gossip about salaries and bonuses, I would just strongly recommend you don't let management find out. It's actually considered pretty trashy by most who weren't raised by helicopter parents and Blues Clues.

From my experience, all things being equal, the better employees almost always get paid more. Problem is, just about every young employee thinks they're the best, and completely worthy of their colleague's salary.

Heres the real tid bit, no gen z person should aspire to be in something salaried. These corps wont love you back, go be a contractor or learn a skill you can directly market
Ogre09
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AG
LMCane said:

I'm 56. None of these jobs discussed here sound very fun.

Can I get a job in this economy that pays you for writing books on the Civil War, watching college football, going to the beach and dating cute women?


Lazy Gen Xers not wanting to work for a living
AgsMyDude
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AG
I'll let you guess where we're at

 
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