Originally Posted by
vagabond
Huh?? Nobody is saying the retirees are lowering the bar for others by accepting lower wages. They are switching careers and accepting jobs that pay less than their prior jobs. The jobs they are accepting pay them the prevailing wage and it is the same wage it will pay to a younger person.
This is not about the old versus the young. Pilots have been put into the situation of retiring at Age 65. There is nothing out there that prevents a pilot from changing careers when they hit 65. Or said pilot can sit around at home retired. There is also nothing out there that prevents a 35 year old furloughed pilot from changing careers. The article is merely discussing a study that found retirees who chose to accept another job (and it is a job that happened to pay less than their old one) are experiencing more job satisfaction. The new job pays less because it is a different job.
That's just facetious.....You dang straight mil retirees and career changers with subsidy income are lowering the wage for younger workers. That the 20s crowd is short sighted and willing to "make due" with food stamp wages "for a while" is equally guilty, but in no way does that exculpate the subsidy-income crowd.
Nobody is saying with a straight face that there is a statistically relevant percentage of the pilot population that crosses-over to non-flying industries and by virtue of retirement wage et al, depresses the pay his peers would otherwise command in the absence of his existence. What is statistically relevant is that in the case of airline pilots there are plenty of people who come in with income subsidy and join the ranks of regional/major airlines, which maintains the oversupply of pilots healthy and pay low. To suggest otherwise is to try to cover the sun with one hand. That SJS is equally to blame for keeping wages depressed as the hobby pilot crowd does is fair enough, but that still doesn't make the career changer crowd less culpable in keeping wages non-livable.
An older worker telling the median pilot to "do it for king and country" (i.e. for the love, not the money) is so beyond disingenuous it's not even funny. Wiki Maslow's hierarchy of needs. These two groups command income-needs from very different levels in that pyramid. Freggin' boomers I tell ya....