[geogra4]

Interesting article - but it's even worse than that. I had a friend of mine who is a lawyer at a large hospital system. When the boomer head of the legal department retired they gave him the same job she had with half of the salary. Even when the boomer blockade stands down, what's left isn't what it used to be.

[zaphod12]

while halving seems extreme, this isn't that ridiculous when you think about it (nor is it uncommon). The previous head of legal had probably been getting promotions for many years as (s)he continued to grow and become better at the role. Whenever I am promoted, I don't expect my entry salary will be identical to someone with the same title and 10 more years of experience doing the job.

[JoeAltmaier]

Its all too common to lose a VP and hire a director.

[SketchySeaBeast]

I don't know if it's lucky that the job didn't just cease to exist or not in that case. I know when my father retired his job disappeared. One could ask if the job was that important if they could remove it, but in this case it was deemed non-vital, so no effort was made to replace him.

Ironically, it was focused on evaluating ways to transfer knowledge to new hires to account for the brain drain incurred due to retiring boomer population.