Social: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
- ↑ 1.0 1.1 Wolfe, Ira (2012-07-16). "Gray Ceiling Darkens Job Hopes for Millennials". HuffPost. https://www.huffpost.com/entry/jobs-unemployment-generations_b_1676594.
- ↑ "The gray ceiling". The Journal Record (Oklahoma City). 2009-10-07. https://journalrecord.com/2009/10/the-gray-ceiling/.
- ↑ BehindTheLines-The Gray Ceiling on YouTube
- ↑ Fisher, Anne (15 August 2006). "Are you stuck in middle management hell?". Cable News Network. https://money.cnn.com/magazines/fortune/fortune_archive/2006/08/21/8383654/index.htm.
- ↑ Smith, David (2015-12-09). "One gray ceiling is one gray floor". National Housing & Rehabilitation Association. https://www.taxcreditadvisor.com/articles/one-gray-ceiling-is-one-gray-floor/.
 |  |
