📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Please come back

Options
1235715

Comments

  • This last post struck me - when I think about it, the culture I experienced in the first 20 or so years of my career was vastly different from the remaining years, after the credit crunch. Employees were not as valued latterly, even while the demands were much higher, and performance reviews seriously demotivated people. The worst of it is that younger workers will have experienced nothing better and will see it as the norm, which is sadly self-perpetuating as they move into senior roles. Im not sure if this is the same across all industries, but perhaps this shortage of workers will encourage a shift back to improved working environments in many industries.
    I remember telling my boss, when I was taken on full time, that I was happy working there as they had a family atmosphere.  Twenty years later and I am a number on a spreadsheet.

    We see the same thing, the young people starting don't know any different and won't stand up for themselves if they are treated unfairly. 
    Think first of your goal, then make it happen!
  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Nebulous2 said:
    I had enough last year at 59, did my sums found I could and decided to leave. Very quickly I decided I wasn't ready to retire..

    Retirement to me now feels like a process, rather than an event.

    More importantly however I found the adjustment from full-time work to not working more complicated than I expected. 
    Similar experience for me. Couldn’t manage the stress anymore and stopped at 25 with no long term plan but financially sound. Gardening and DIY took me through 12 months. Then volunteered for a couple of years and this turned into a paid job which turned into the most satisfying work of my life. Have now just retired again (for various reasons) and I miss the purpose of work.
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
  • J63320
    J63320 Posts: 162 Forumite
    100 Posts Second Anniversary Name Dropper
    Miiade said:
    As a meter reader I find it physically exhausting as they keeping demanding more and more reads out of you. At 52, I can’t see me making it to 60, as the body will be done. If I could go part time at 55, I think I could continue a bit a longer but am not sure they will allow this. Totally understand why some people are retiring early if they can.
    A meter reader came to my door. He seemed inordinately pleased to find me at home. Then he only wanted to read the gas meter - I’d had a reading queried as being too low when I submitted it online, but it was summer and we only used gas for the central heating.
    Thinking about it afterwards, I realised that he was probably only paid for the readings he took. If I’d been out he would have had to come back again and again until he found me in.
    This is what “competition” in the energy market has given us. How do you compete to sell the same product as everyone else, unless you cut your costs to the bone? And all those who advocate switching to the cheapest possible deal (sorry Martin, that includes you) are part of the problem.
    I know this looks a bit off-topic, but what I’m trying to say is that a lot of toxic work culture is the result of businesses competing to give consumers - that’s us - the rock-bottom prices we demand.
  • Why do we always hear about a fixed age for people retiring, be it 55, 60, 65 or 70 when we all started at different ages?

    I started full time employment at 16 and studied "A" levels then professional exams whilst working full time (and doing overtime), at evening college. 

    I remember PM David Cameron saying, effectively, that we should all work pretty much until we die.  I did wonder how old he was when he entered full time employment. 21 , 23, 25 maybe?
  • EdSwippet
    EdSwippet Posts: 1,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    zagfles said:
    While all the above are relevant in some areas, by far the main labour shortages are in low paid employment sectors rather than sectors where people are likely to be troubled by the LTA, personal allowance withdrawal, or even higher rate tax.
    Potentially a reductionist view. As a data point of one, I'd have no particular problem entering a job in hospitality, or manufacturing, or distribution, or retail, even though they make absolutely no use whatsoever of any of my qualifications. In fact, I'd enjoy the change of pace from my former job in IT.

    But, I have LTA and higher rate tax considerations that together strongly disincentivise a return to paid work. At the margin, after NI, tax, loss of employer pension contributions, and so on, I'd probably be lucky to see 40% of the compensation package offered. No thanks.

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.