At age 56 I was forced into retirement by diagnosis of cancer. When I reached age 60 the supplemental life insurance premiums I have paid for years increased by 70%. If that’s not age discrimination, what is it?
You were lucky you even had supplemental life insurance benefits to begin with.
Most employers would have bounced you out of their system upon your retirement.
You also could have possibly made some more income by buying a disability insurance policy and could have put off being ‘forced into retirement’ by allowing the disability policy to pay your income until you would have reached a better retirement age.
Those policies are even cheaper than supplemental life policies. And, since the risk of becoming disabled is far higher than dying early….they make more sense.
I really do not understand it. Though I am 28 and not yet affected by it, I am surprised at the amount of people 40 and over that get turned away for employment when they are perfectly capable of doing the job correctly. I could understand if they ask for more money than you are willing to pay them (if they want $15.00/hr when you want to pay $9.00/hr), but besides that, shouldn’t the government be stepping in about this? I realize I will be old someday, and I will likely face the same thing…
Actually, the government is set up to investigate allegations of age discrimination.
The Age Discrimination in Employment Act of 1967 (ADEA) protects individuals who are 40 years of age or older from employment discrimination based on age. The ADEA’s protections apply to both employees and job applicants. Under the ADEA, it is unlawful to discriminate against a person because of his/her age with respect to any term, condition, or privilege of employment — including, but not limited to, hiring, firing, promotion, layoff, compensation, benefits, job assignments, and training.
The agency charged with enforcing this statute is the EEOC.
I like to observe the people who make lots of money on the job and are very successful in their career. As a middle aged person I am shocked when I hear that people who are my age are running huge corporations and making a million dollars a year with thousands of people below them. What is it about them that makes them so successful while most of us will toil in boring jobs for most of our life struggling to survive financially?
They are effective leaders (not always). They know how to bring out the best in their people (not always). They understand the business and the industry. They understand how to manage. There are a lot of components normally. However, in practice there seem to be quite a bit of bad managers or less effective ones because they may not have the education and background they need. It is not an easy position to hold. You have to be able to trust people to do their job. You need to be able to provide them with the tools they need to do their job. You need to be able to make careful and quick analyses. You need to be able to look towards the future and choose the best strategy based on the available information.
A lot of people could be managers. The separator is the accessibility to information.
age 36, presently in LL.B. IInd year, in Government sector last 16 years, feeling suffocated hence, determined to change job. good communication, convincing skills, expert in the field of administration, legal matters, hold portfolios of union leader as well.
well,mba is certainly the best option for you.
In most cases, sanitation has taken care of the risk factors for many of these rare and many times,not fatal diseases.
But how heavily weighed are the side effects and odds of getting any number of permanent disability from so many vaccines introduced to infants at such an early age?
Are corporations really setting the standards and forcing the laws, being more of a case for money and not proven health benefits?
And where is there protection for the children for the hundreds of other diseases and conditions children can contract?
Where will it reach a point of ridiculous when hundreds of vaccines are forced on children before they enter school, effectively making the certain vaccines more likely a hazard than the uncertain illness?
I prefer it how it is. Young infants are at risk for being exposed, so they benefit with vaccinations.
Just wondering what is the age requirement for incorporating or having a legal corporation…any websites that allow incorporation for low prices?
Also, is it possible for me to have a business checking account once I incorporate?
Is it possible for me to open a limited liability corporation under the advisory of my parents? (I am fourteen). I am interested in screen printing (actually I have very good training in screen printing). How will I handle payments? Will my parents taxes be raised? Thank you so much!!!
You might be able to. Find the organization S.C.O.R.E in your area. They can help. Any money will need to be filed as income. If you can’t start an llc, you can always do buisness under a different name and cash checks by writing dba after your name. Good Luck.
I don’t see how, in this day and age, a corporation can continue to pander to shareholders, when the shareholders don’t give a rat’s ass about the company. All shareholders these days are just speculators, and half the time, they are shorting.
And , in a broader perspective, even if investers were in it for the long haul, as in days past, it makes no sense for a corporation to have to keep pandering to owners of shares that were issued 20, 40 or even 100 years ago. Enough already . Find other ways to raise money and free up management to make better products and better services. Fuck the shareholders.
Do you agree? If so, when will this nonsense end?
I am not a socialist nor a communist. I despise socialism. But corporations are not the only way for capitalism to thrive. Goldman sachs wasn’t an corporation until 1999, and becoming a corporation destroyed the investment banking industry, in a very real and literal sense. There is no more Bear Stearns, no more Lehman, no more Merril Lynch. Even goldman sachs had to become a holding company.
When your only concern as management is to show 20% profit growth every quarter, it basically means that pieces of paper are more important than making good products. GM and Chrysler made better cars relative to the competition, before they became big, beaurcratic corporations.
It’s a mutually beneficial relationship: the shareholders invest capital, the corporation provides a return on investment.
What, they should just love each other, swear friendship forever and call it good? That’s not capitalism, the economic system that’s lifted more people out of poverty than all the alternatives combined.
I work for a landscaping/sweeping company and my boss asked if I’d like to buy out the sweeping part of the business for $50000, thats including all 15 commercial contracts that he has right now with about 10 other contracts within the year and 2 brand new $40000 sweeper trucks . I basicaly run the business, but I need a startup loan to officiate that.The main reason he is selling is with soaring gas prices and my boss starting up a bar and running landscaping/sweeping he needs to gain more sweeping contracts which equals more time which he doesnt really have time for. If anyone can give me some advice or even help Id greatly appreciate it.
Start with your bank, , see if they may help.
Then SBA, They also provide business Loans.
As far as credit is concerned, Bad or no Credit , you just might have to pay Higher Interest Rate
Just look around , you might get Lucky
Category: 
February 19, 2010
