I have heard this a few times from different people/places, but why is it the case that at 50+ it is harder to find work? Assuming a regular retirement age, there are still many more years left in the career than a typical tech employment lasts.
> but why is it the case that at 50+ it is harder to find work?
I think this begins to be visible even sooner, 38 if you graduated at 23. The majority of the job market requires very very few 15+ years experienced engineers. 5 to 10 years of experience is a sweet spot - you will be easily hired. Everything below and beyond is a struggle, especially for the latter since very few companies need and are willing to pay for those skills.
And that's how you become unemployable with the irony of being at more or less what would be the peak of your technical capabilities. In years later on, people start to lose the drive.
I'm very good in my niche, but businesses just want 'answer to question'. I can provide 'answer to question while also making sure the answer-generating process is fully reproducible, data limitations are addressed and made visible, uncertainty has been calculated and is included in the answer'.
Not every question needs that!
Most people are willing to pay for Ikea furniture, not hand-crafted artisanal pieces. Ikea is good enough.
I must say that I have never thought about that before but that's the reality of the tech market. Many people I talk to, who are outside the tech, can't comprehend this at all - they all assume the same - the more experience and knowledge you have, the more competitive and therefore highly sought out you become. Not true at all.
I think landing (and keeping) a job in tech is challenging, whether you're a recent graduate or a seasoned professional with decades of experience. While the reasons for rejection may change with age, the key factors for getting hired remain the same: competency and collaboration. Demonstrating strong skills and being easy to work with will always be valuable—focus on these, and opportunities will follow. - a 40's something developer with 20+ years experience
Because most founders who made it in the field, did so at a young age and so they are biased to view old people who didn't "make it" and are still coding as incompetent even though it has nothing to do with reality. Reality is that being good in the tech side does not correlate that mich with being good on the business side. They are almost independent factors aside from some low baseline requirement of competence...
The baseline requirement of technical competence for extreme financial success in tech is so low that most big tech companies don't even hire rank-and-file engineers whom don't meet that requirement half-way.
There was a YC CEO that in a podcast basically asserted that innovation was pretty much done by people less than 30 years of age. I had been gearing to apply to that company until I saw that comment.
the average age for successful founders is 40 years, and i believe that is first time founders. so i do not believe that founder bias against age is the issue.
in austria/germany the problem is that cultural expectation is that people get paid by seniority, and also based on their experience and qualifications, regardless of the actual requirements for the job. it is also assumed that no one wants to do work that is below their qualifications.
that is, a 50 year old isn't even asked what their salary expectations are, it is simply assumed to be higher than what they want to pay, or rather, they can't bring themselves to pay someone like that less than they think is appropriate for their age. combine that with the perception that older people are less flexible and unwilling/unable to learn new stuff, and you end up with the belief that older people are expensive and useless or overqualified.
I wonder how that could be possible? There are proportionally so few of us old-timers around to begin with, given how much smaller the industry was and how rapidly it has grown over the last 20-30 years.
I won't be rehired anywhere near what I was making if I do find something, that's fairly certain. So I've put the onus on myself to generate the income I'm looking for.