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Your Guide to the Perfect Franchise

Tuesday, February 06, 2007

Loss of Job Security

Continued discussion from my January Newsletter article “Why Not?”


The phrase “job security” always creates a wonderful picture in my mind. A utopian environment where both employers and employees work together for the others mutual benefit. Where the job you held was always yours to loose. Work hard, be consistent, provide more solutions then problems and you will always have a job.

The reality of “job security” is of course very different. “Employment at Will” seems to paint a more accurate picture.

A few weeks ago, I attended an outplacement event for workers contemplating buyout packages from a few Detroit area employers. During introductions, a gentleman near me stood up and mentioned he had over 25 years with his employer. He had worked hard, been consistent and certainly created more solutions then problems yet his employer was asking him to leave. Unfortunately, this scenario should not be too surprising as it plays out everyday across the country.

This change in the Employer / Employee relationship has lead to significantly reduced employee tenure and tripled the number of employers the average worker will have over a career.

In this day and age, haven’t most already lost their job security while still keeping the job?


Have a great week!


Rob

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