Is it a "good job" or is simply a way to control the workforce? In this episode, I break down the myth of the "good jobs" because what is usually referred to as a good job (family-sustaining wages, retirement benefits, paid leave, etc.) is actually just the bare minimum. I explain what a vesting schedule is and how employers use it to coerce employees into staying in places where they are not valued; give examples of the twisted dynamic that takes place when people are making deeply personal medical and family decisions based on employer-provided benefits; and spell out a brief history of why this is so commonplace.
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Sources Cited:
"Where Did All The Pensions Go?" Forbes.com. Published Feb. 9, 2018
"Women 80% More Likely to be Impoverished in Retirement" National Institute on Retirement Security. Published March 1, 2016
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