What I mean here is that folks retiring are going out of their way to skip GenX for the big promotion and instead handing it to a millennial.Huh?
I am not sure what the social security age thresholds are for GenX vs Millennials, but as bad as the post-dot-com bubble was a shitty time to enter the software workforce, I'm glad I had a job and some savings when 2008 hit, which was kind of the welcome to adulthood party for a huge swath of Millennials.
Retiring boomers seem to be handing credit cards to motorhome dealers. And people selling them 4BR McMansions in flood zones.
I’ve been put on committees only bc I’m the most experienced millennial in a niche domain, not bc I’m the best expert in the domain. Theyre purposely picking up and coming achievers over established GenX for the promotion. I’ve heard this justified as a maneuver for sake of “diversity and inclusion” and ensuring transfer of knowledge into the future.
my theory is those who get their inflation adjusted big promotions will have a real edge over the rest of society humping 3% merit raises and thus wrecking their savings.
millennials won’t get stuck at middle manager as the GenX folk have.