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Lifetime Employment No Longer Exists  XML
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[Post New]18 February 2010 07:55 AM
    Subject: Lifetime Employment No Longer Exists
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sebi123

Rank (Total Posts : 14)

Joined: 04 June 2009 01:48 PM
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Remember the days when your parents or grandparents spent their entire working career with just one company. You do not see that very often anymore and the frequency is becoming less and less.

Lifetime employment offered security and assurance and your parents and grandparents liked that. They were comfortable, their lives were consistent when it came to employment.

Today we still see some remnants of lifetime employment, in fact, where I am working currently, there are many people that have spent their entire career with the company. Now, after 15, 20, 25 years they really do not have a lot of options. They are well vested in the retirement plan and it would take some tremendous opportunity to pry them out of that and understandably so.



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This message was edited 1 time. Last update was at 18 February 2010 07:57 AM
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