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 organizations and the millennial to come to a compromise and decide on the expectations of employment relationships. 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 prefers to be in their current jobs. Leaving the employer, who has invested money and efforts on an employee, is breach of ethical relationship according to them. Millennial have no ethical obligation. Not ready to commit their entire life to one employer. To Determine: If job surfing should be done when the desire comes. To determine if employers can in the interview ask about job surfing plans. 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. Millennial looks for feedback and reassurance.

Question

Want to see the full answer?

Answer 1

Question

Chapter 5, Problem 12CR

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 organizations and the millennial to come to a compromise and decide on the expectations of employment relationships.

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 prefers to be in their current jobs. Leaving the employer, who has invested money and efforts on an employee, is breach of ethical relationship according to them. Millennial have no ethical obligation. Not ready to commit their entire life to one employer.

To Determine:

If job surfing should be done when the desire comes. To determine if employers can in the interview ask about job surfing plans.

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. Millennial looks for feedback and reassurance.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

d. Reflect on the impact of infrastructure on entrepreneurial ventures like Savannah Organics. What improvements could help reduce barriers? (3 marks) e. How important was Thato's ability to innovate and adapt in overcoming environmental challenges? Provide examples from the case to support your answer. (3 marks)

accreditation. Thato had to work with international bodies, adding complexity and expense to her operations. Despite these challenges, Thato capitalized on the strengths of the entrepreneurial environment. She formed partnerships with local agricultural cooperatives and NGOs, enabling her to access shared resources, knowledge, and training programs. She also collaborated with the government to participate in a public-private initiative promoting sustainable farming, which provided her with a modest grant. Thato leveraged digital platforms to connect directly with customers, eliminating intermediaries and offering competitive pricing. Her ability to innovate and adapt proved critical in sustaining her business, even during economic disruptions caused by the COVID-19 pandemic. By the end of 2023, Savannah Organics had expanded its operations to 15 hectares, supplying produce to supermarkets across the country and partnering with health-focused restaurants. Thato's journey highlights both…

A sharing economy can be described as an economic model in which goods and resources are shared by individuals and groups in a collaborative way such that physical assets become services. The sharing economy enables people and organisations to earn profits from underutilised resources. Discuss using relevant example and referencing the impact of sharing economy. (20 marks)