Love this article in the St. Louis Post-Dispatch:
On Thursday (December 8) two totally different events happened in St. Louis:
- Albert Pujols announced he was taking the money ($254 million), departing the St. Louis Cardinals (after 11 years).
- Bobby Donovan was recognized for 50 years work with Pepsi ... yes, all 50 years with the same company.
In the article, columnist Steve Giegerich (firstname.lastname@example.org) points out the statistics
- The most recent survey by the Bureau of Labor Statistics pegs the average tenure of a salaried U.S. worker at 4.4 years.
- Another bureau survey shows that those born at the tail end of the baby boom changed jobs, on average, 11 times between the ages of 18 and 44.
In my talks and surveys, I hear many comments that the “younger generation is not loyal to companies (or associations).”
Who taught them to be loyal to themselves rather than their employer?
When folks in the X and Y generations were in their “formative years,” they watched as dad and/or mom (who had worked 25 or 30 years in the same job) were downsized, right-sized, re-engineered or just plain fired as they neared retirement.
Think about that for a while ... we Boomers need to look in the mirror and realize that Xers and Ys learned many of their “bad” habits from us!
Albert (Pujols) chose money over loyalty. He’s a Gen Y. Should we have expected anything less?
PS: if you are interested in employment and job issues, I encourage you to follow Steve on Twitter @stevegiegerich