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Long-Term Employment Gets the Ax

May 7, 2014

Is long-term employment really dead? Forbes contributor and author of “The Future of Work: Attract New Talent, Build Leaders and Create a Competitive Organization,” Jacob Morgan, certainly thinks so. In his Forbes.com article, bluntly titled, 5 Reasons Why Long-Term Employment Is Dead (And Never Coming Back), Morgan explains why he believes that the longevity employers saw in the past won’t make its way into the future.

Morgan makes strong points for his argument based on the trends of the past few years.  According to the article the average tenure for people in the workforce over 65 is 10.3 years but for 25-34 year olds that number is a mere 3.2 years.

Many things are changing the way people look at their positions and how they measure job satisfaction. Because of the changing structure and unpredictable nature of companies nowadays, workers find it more beneficial to give their loyalty to individuals verses the company, as Morgan writes, “When people leave [a company] they usually bring their ‘friends’ with them.” People feel more security building good relationships with superiors and even same level employees. The idea is they have a better network in the chance of bankruptcy, company restructuring or massive layoffs.

Another reason Morgan sites is the change in employee expectations. Similar to our previous blog, Why Employees Leave, employees look for flexibility and with more opportunities to telecommute or work freelance. Employees are taking freedom over the chains of a traditionally 9-5 job where they may be considered one of many.

For the full article:

5 Reasons Why Long-Term Employment Is Dead (And Never Coming Back)