this post was submitted on 21 Jan 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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A future-of-work expert said Gen Zers didn't have the "promise of stability" at work, so they're putting their personal lives and well-being first.

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[–] EldritchFeminity@lemmy.blahaj.zone 10 points 11 months ago

The 401k replaced the pension. It used to be that a company would pay for your retirement, now you pay for your own by being forced to pay into the stock market, and it doesn't go nearly as far as the pensions used to. People are working well into their 60s or older, because 401k's often don't pay out enough to live on. It's another way that companies have figured out to avoid having to pay their employees while pumping up the value of the stock market at the same time.