Thursday, 10 October 2013

On the job market and job security

Lou Adler is one of the more interesting writers on LinkedIn.com.

His articles tend towards the American job market and he tends to sound optimistic at the moment (this is a week before the GOP radicals cause a default on the US debt of course, then the floor on the job market will almost certainly collapse unless they see sense).

Anyway first read his article:



And my comments on the same article:

Interesting article at least for the American job market even if there is hardly a country in Europe where it applies. I would pick up though upon the point about job security and compensation. I recall Margaret Thatcher boasting in the UK in the 1980s about "getting rid of the job for life". Personally I have never seen this as something about which people should boast. Strengthening the job market means providing greater job security and making sure that talented people receive adequate rewards for their services. No matter how talented and dedicated to the task you are, the prospect of losing your job through no fault of your own is definitely a negative where motivation, incentive and productivity are concerned. Over the past 30 years companies have been far too prone to look at short-term gain rather than the good of the company in the long haul, and employees have become as dispensable as machinery. Creating an atmosphere where people are encouraged to stay and be productive should be the objective - upgrading their skills where necessary, even if that costs something in the short-term. New opportunities will come along, new businesses will arise? Yes, but there will also be a new generation of talented people to move into the slots.

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