Gray ceiling

The gray ceiling is a business/societal phenomenon where the existing workforce of those born during the baby boom era prevents the younger generations of Generation X and Millennials[1] from advancing or being promoted at their jobs.

General

The gray ceiling phenomenon is named after the better-known glass ceiling and is largely an unintentional consequence of demographics,[1] though another factor is Boomers retiring later,[2] due in part to the Great Recession having depleted their retirement savings.[3] By sheer number they are also competing within their own generation and their children who are joining the workforce.[4]

As the children of the baby boomers advance from below, the Gen-Xers, usually with middle management jobs, feel threatened and trapped in a job that is going nowhere and might be given away to the next younger candidate. Negative consequences of the gray ceiling include slowed innovation.[5]

References

  1. 1 2 Wolfe, Ira (2012-07-16). "Gray Ceiling Darkens Job Hopes for Millennials". HuffPost. Retrieved 2024-07-30.
  2. "The gray ceiling". The Journal Record. Oklahoma City. 2009-10-07. Retrieved 2024-07-30.
  3. BehindTheLines-The Gray Ceiling on YouTube
  4. Fisher, Anne (15 August 2006). "Are you stuck in middle management hell?". Cable News Network. Retrieved 31 March 2024.
  5. Smith, David (2015-12-09). "One gray ceiling is one gray floor". taxcreditadvisor.com. National Housing & Rehabilitation Association. Retrieved 2024-07-30.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.