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Thread: Job-for-life, Is It Still the Case?
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[quote=PINETREE ,23498]The world is not stagnant and keep changing. In many other industrialised/developing/developed countries, employees are now not encouraged to stay put. Loyalty is a dirty word - other than loyalty to the country. People are also finding more job opportunities in line with their countries' developments. There are more jobs with better short-term prospects. Loyalty is not a consideration when looking for jobs.Logic behind this latest trend is basically cost-cutting. A long-service employee tends to be higher-paid and to an extent become complacent and deeply-rooted in certain mindset & thus less flexible to cope with the dynamics of modern economics,etc. Though experience is invaluable, it cannot be measured. Thus Management cannot justify retaining older, experienced but higher-paid employees.Personally, I think this is bad - after all most of these big companies are continuing to make very high profits. But this is the trend & hard to fight against. Eventually, the older employees will be phased out without jobs. But this is not the concern of the business corporations - their only concern is making money & more money.[/quote]
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