Chapter 5, Problem 11CR

Summary Introduction

Case Summary:

Staying with one employer for a long time, as an ethical relationship is a thing of the past. Statistics show an increase in job hopping in the recent times. While the older workforce considers this unethical, the millennial who are more focused on the present feel that they are not being taken care of properly. Irrespective of that, it is necessary for the organizations and the millennial to come to a compromise and decide on the expectations of the employment relationship.

Characters in the case:

Dave Foster CEO of AvreaFoster, Neil Howe, Andrew Leavitt, are cited in this passage.

Reference to Bureau of Labor Statistics and PayScale are made in this passage.

Adequate Information:

Generation X prefer to be in their current jobs. Leaving the employer, who has invested money and efforts on the employee, is a breach of ethical relationship according to them. Millennials have no ethical obligation. No ready to commit their entire life to one employer.

To Determine:

If there is a difference in how long the younger people intend to stay with an employer in comparison to the older people.

Given:

In 1973, 50% of men and women remained committed to their employer. On an average a millennial switches job once every 2 years. Life-long pension, job security, health benefits are no longer available. Millennials look for feedback and reassurance.