Navigating a Mid-Career Crisis, And How to Spend Your 20s
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Welcome to Office Hours of Prop G. Today we're revisiting some of our favorite questions about work and career, from navigating big decisions to building a more fulfilling professional life. Let's bust right into it. Question number one comes from Reddit. Dwyn Dolvac asks, with the average tenure of a job being just about four years, how can those of us in our early to mid fifties who have been impacted by layoffs but cannot yet retire? Convince companies to take a chance on us. Yeah, so the way you're feeling is real. There's some data here. The job stability and the disruption is being felt by people I want to say older, mid mid-career. A major twenty eighteen study found that more than half of workers in the early fifties who had long term jobs were laid off after age fifty. Many other struggle to find steady work again or saw the pay drop by fifty percent or more for years. So first off, ask yourself a question. Can you not get a job or can you not get the job that you expect that you should have right now? You might have to take a cut and pay, boss. And just back to the notion that can you get a job or can you just not get a job you want. No one ever thinks they're overpaid.
Nobody at Prov G thinks they're overpaid. And let me tell you they are. I'm on AI. I try to pay people between thirty to fifty percent above market. But no one thinks they're overpaid. They just think, Oh, okay, I won't leave. But no one no one sits around and says, Hey, mom, I'm overpaid. No one ever feels overpaid. And just statistically, and I can prove this to you, fifty percent of the time in your career, you were overpaid. And fifty percent you were underpaid and almost zero percent of the time was it calibrated exactly. And going to the next job, the natural kind of progression or instinct is oh, I should make next the same amount or more at my next job. Maybe not. I think the workplace has become increasingly ageist as I sit here.
With A swollen face from my just having my eyes done. And it's really strange. A lot of times when people like my content They reference my age as a means of being critical. And I remember it all too. I hired a systems engineer who was I think in his forties or fifties. And the vibe was Dude, what happened?
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