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Lifelong commitment to an employer is a thing of the past. An analysis by Princeton economist Henry Farber revealed that the percentage of private-sector employees

Lifelong commitment to an employer is a thing of the past. An analysis by Princeton economist Henry Farber revealed that the percentage of private-sector employees who remained with the same employer for more than 10 years has fallen from 50% in 1973 to less than 35% today. Those aged 20 or over with the same employer were reduced from 35% to 20%. To be sure, some of these changes are driven by the employer. Job security for life is a thing of the past for most jobs. So are the benefit packages that keep employees safe, such as rock-solid pensions and generous health benefits. But can a generational change in values also explain the decline? According to Pew Research, 66% of Millennials say they want to change careers at some point in their lives, while 62% of Gen X members and 84% of Baby Boomers say they prefer to stay in their current job for the rest of their lives. Another study suggests that while 64% of Baby Boomers "really care about the fate" of their organization, this figure is only 47% of Millennials. However, another study indicated that two-thirds of Millennials have plans to move or from job to job as a means of gaining desired skills and increasing their paycheck. A Millennium, Rebecca Thorman, observes that mobility only makes sense because if you are not mobile, you limit your options. She says she can't expect her salary to grow " by staying in the same job... You just can't. " These values are not displayed well with some employers. " We prefer long-term employees who are loyal and loyal to us," says Dave Foster, CEO of AvreaFoster, an advertising agency in Dallas. "It seems that many Millennials don't believe that a path is the answer. This is a problem because the compromise is not there." For attitudes like that, Thorman responds, "We're not going to solve."


1. Based on your experience, do younger individuals differ from older people in their plans to stay with an employer for a long time? Do you think these differences exist? If you think they exist, is it due to changes in economic reality or changes in work values?

2. Do you think you should feel free to "move to other jobs" - by the way, moving from one job to another as soon as you feel the desires? Do you believe that employers have the right to ask during the interview whether the applicant has plans to employ himself solely to gain experience and go to another job? 

3. If you had an interview with Foster or someone with his views on Millennials, how could you combat those prejudices?

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