The other day I had lunch with an old friend. He recently switched companies in the same industry. As we were talking he mentioned that companies have decided to stop paying for training. Instead they are hiring seasoned, experienced employees who can hit the ground running.
It flies in the face of the idea that once you’ve hit 40 or 50 you are unemployable – doesn’t it?
We’ve been conditioned to believe that it is hard for those of us in middle age to achieve employment. We think that companies are all looking for young, new employees who they can pay less to. The problem with those folks is that you have to train them. And when you train them you run the risk that you’ll spend all that money and they either won’t work out or they’ll leave with the knowledge you’ve given them.
So, here we are in a new reality where companies would rather spend the money on seasoned staff instead of training. It can be money better spent, indeed.