JOB-HOPPING: WHAT HAPPENED TO JOB LOYALTY IN THE US?
The explanation of failed employee loyalty is obvious in our current highly competitive world market. The U.S. is no longer the world’s biggest producer of goods, so US Companies now compete worldwide and can no longer afford to keep employees when profits decline. Layoffs are routine, along with pay and benefit cuts. As a result, companies spend most of their time improving strategies for success and ensuring their shareholders of improvements.
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