Sentences with phrase «replaced older workers»

The city's savings would be paid for at the tail end of the 25 - year plan, when pension costs are expected to drop as new employees with less costly pensions replace older workers.

Not exact matches

In the short run, this spending works as designed: the plant stays open, cars get produced, older workers retire with pensions and benefits and young workers are hired to replace them.

For example, reports from the Center for Retirement Research estimate that 25 - year - old workers who hope to retire at age 62 would need to save 15 percent per year to adequately replace their income in retirement.

The freelance economy means that companies are laying off full - time, often older, workers and replacing them with part - timers, temp help, and freelance workers.

The law forbids employers from firing older workers and replacing them with teens just to get the tax credit, although critics say that would be hard to prove.

At 9 a.m., Albany Mayor Kathy Sheehan, City of Albany Forestry Division workers, volunteers from TD Bank as well as young adults from the South End, the Excelsior Conservation Corp, and the College of St. Rose plant 14 trees to replace others lost to the Emerald Ash Borer and old age, Lincoln Park, Albany.

Older workers, too, would be on the line to be replaced with younger employees at lower pay.

Owen Paterson denies he sought to replace east European workers with older Britons on less than minimum wage

«By replacing decades - old coal plants with homegrown, clean and affordable energy sources, AEP can do right by affected workers and their families, and continue clean energy job creation across Indiana and Ohio.»

The workman tiling your shower may find it simple after having tiled hundreds of showers; the gutter crew can demolish the old gutters and put up a whole new system in a day when it would take you weeks; two skilled workers with the right tools can replace a furnace and air conditioning system in a day; and the rate at which flooring professionals rip out and replace carpet and wood is staggering.

The reductions in force that the employer implemented were designed to eliminate older workers so that the employer could replace them with younger ones, the engineer asserted.

While I strongly believe that robo - advisors like Betterment are great for young investors dipping their toes in the water, or for older workers looking for cheaper direct management, they don't replace the value of talking over your financial plan with a real human being.

Across the board, many jobs become available when older, experienced professionals retire or move on to supervisory positions, and usually managers are not able to replace an experienced worker with a beginner.

In industries already facing labor and skills shortages, forward - thinking companies are recruiting, retaining, and developing flexible work - time arrangements and / or phased retirement plans for these workers (55 years of age or older), many of whom have skills that are difficult to replace.