Slashdot Mirror
In a Poll, 43% of Millennials in 36 Countries Say They Plan To Leave Their Jobs Within Two Years (qz.com)
A poll by Deloitte with more than 10,000 millennials across 36 countries found that 43% of them are planning to leave their jobs within two years, while only 28% are looking to stay beyond five years.
Do most jobs last more than two years in 2018? We're not living in 1958 where someone could go to work for GM or IBM at 21 and work there for 40 years till retirement.
Employers can fire you at a moment's notice -- why should they expect more loyalty in return?
...after decades of eliminating long-term employees, companies face employees that do not plan on staying with them!
Can you imagine that?
I work in recruitment for engineers in the civil infrastructure space. There are plenty of millennials in that pool.
That % is going to very much depend on how the question is worded. I would argue that most people don't have a 2 year plan, let alone a 5 year plan. When I approach someone and try to tempt them with a new job I get about 10% of people that are genuinely interested in looking at a new role and I don't see much variation based on age range. But this is not them deciding to look for a new role, that is me trying to poach them.
My clients see turnover rates of about 12% - 15% per year, a turnover of over 20% per year would be a sign of significant internal culture issues. Obviously this is a self selecting set of high income high education worker and will not represent the entire market by any means.
and they don't train. H1-Bs and outsourcing ended that. So the only way to get ahead is to use your current job as a spring board into something better. And since inflation's still a thing and companies don't give raises you're either getting a new job every two years or taking a substantial pay cut.
Any pretense of a "social contract" is gone. What I don't understand is why folks don't all get behind Bernie Sanders' New New Deal. It's about time to hammer out a new contract since the ruling class reneged on the old one. And while we're at it we might as well take more for the working class this time.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Millennials just give back the consideration they get from their employers. Companies treat human resource as a fungible asset at best, or as an undesirable cost at worst. No surprise employees are not loyal to their employer in such an environment.
> The problem with you people is you think everyone is "excellent".
Of course everyone is excellent. They all got the trophy, didn't they?
The New Deal was funded with large tax increases on the wealthy. Following it and up until the 70s the marginal tax rate was 90% (e.g. you paid 90% of your income after around $22 million/year when adjusted for inflation). Wages weren't paid as stock dividends yet and offshore tax shelters weren't a thing so the tax was actually paid. It was the largest sustained period of growth in the middle class in American history. These are all facts, and you can verify them with a few minutes/hours on google.
Then Nixon & Regan came along, convinced everybody that Government was the Problem and Not the solution (lovely slogan that) and real wages and the middle class have been in decline ever since. This is also a fact you can verify on Google.
Face it, right wing economics don't work. We tried my way and it worked. We tried your way and it didn't. The logical thing is to go back to my way. Stop _feeling_ and start _thinking_. That's the only way out of this mess.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
The commie unions are mini-dictatorships. Freedom means RIGHT TO WORK, but commie union bosses want to force everyone to pay their fees and submit to their control.
As a manager in a right to work state, I will always fire anyone who threatens to unionize immediately.
Thankfully, this is no longer the early 20th century and support for right to work is growing. The commie unions are losing their power.
As a manager you use your power to keep the workers down knowing that there's a long line. Fucks like you are why unions are needed, not as a way for people to get dues. You can't treat your workers like shit if they'll all take the hit and up and out on you. Without the guy doing the actual work you've got fuck all yet most of the time the people doing the work get the smallest piece of pie. Fuck you.
Wanna buy a shirt?
https://www.redbubble.com/people/stealthfinger/shop?asc=u
As a manager in a right to work state, I will always fire anyone who threatens to unionize immediately.
I hope you do, because this is a violation of the law, and both you and your company will be sued into bankruptcy if you try it.
I don't think anyone (well any economist) really disputes that minimum wage has some sort of negative impact on job numbers but it probably isn't fair to make a blanket statement that "Minimum wage laws create mass unemployment.". Obviously a $1 minimum wage wouldn't be something to get too worked up over and a $100 dollar minimum wage would be catastrophic.
Actually, in a right to work state the employer can let an employee go for no reason. Even when an employer blatantly violates labor laws, it is almost never worth your time to pursue it unless you can prove you were let go because of sexual or racial discrimination. And then you have to have irrevocable physical evidence. Right to work cuts both ways though. You can literally walk out the door with no notice.
The cesspool just got a check and balance.
In a management training at my employer I was taught that if any employees start talking about joining a union then it's our job as managers to find out why they think they need a union and solve that problem. Incidentally, I'm not a manager but my employer sent me through the training just so that I would have a better understanding of how the company functions. I also work in a right to work state but we have operations throughout the U.S., Canada, Mexico, and Saudi Arabia.
Unions serve a purpose as a deterrent. A company won't want it's employees to join unions. Smart companies will treat their employees well enough that they won't join a union. Poorly run companies will have employees joining unions which will end up making that company as a whole less efficient because in the end a union is a parasite.
and there's plenty of debate around the impacts of Kennedy's tax cuts. It's the classic line "But the Tax Cuts will Pay for themselves".
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Guys,
The takeaway from this isn't how lazy millennials are. If that's you're reaction, you're a myopic idiot. Who's stupid and lazy, and who isn't has nothing to do with it. The bigger story here is that their expectations are low because the job market has changed. Dependable "normal" jobs have gone away, and the system continues to move exponentially in that general direction. We're also approaching the tipping point. The world we're headed into looks nothing like the old one, and if your eyes were opened, and looking at this whole thing honestly, you would see that.
This signature has Super Cow Powers