Printer Friendly

WORKPLACE SWITCH SHORT JOB TENURES BECOME NORM

 WORKPLACE SWITCH
 SHORT JOB TENURES BECOME NORM
 NEW YORK, Aug. 27 /PRNewswire/ -- Job tenures of managers who have left their last jobs have been cut dramatically in less than 10 years, reflecting today's rapidly changing workplace, according to Challenger, Gray & Christmas, Inc., an international outplacement consulting company.
 "Generally, job tenures are not expected to rise when recovery sets in. More mangers have become accustomed to shorter term employment and there are some industries that want frequent change because they need fresh ideas," said James E. Challenger (312)-332-5790, president of Challenger, Gray & Christmas, Inc.
 Challenger said job tenures for 1991 and the first half of 1992 were six to seven years compared with an average of eight to nine years through most of the 1980s and a high of 12.5 years in 1984.
 "The shorter tenures show the expected impact of the mass layoffs that occurred during the recession but also indicate that managers are changing jobs more often than they did 10 years ago.
 "The job market has become much more mobile since the last recession.
 "People who make a strong effort to seek a new job are getting jobs in the same length of time it took them 10 and 20 years ago, a little over three months. That has not changed, but what has changed is the frequency of movement from job to job," Challenger said.
 "As a result, the job market has become more responsive to those who change positions every few years.
 "It has become more of the norm, whereas previously it was considered a negative by many employers. Now, employers have the welcome mat out for people with past experience on several jobs and changing positions is accepted as a method of personal advancement."
 "The main focus now is on short-term results, what can be done immediately to strengthen the company's bottom line. How long a prospective job candidate may have spent on the previous job is not important. What is important is what he or she can bring to the table, right now," he continued.
 Challenger said short-term results are expected to receive even greater emphasis by companies as they enter recovery.
 "Firms do not have time to wait for long-term results. They need profits immediately to make the company economically healthy."
 Continued short or even shorter tenures also are the prospect because managers foresee that job security is largely a thing of the past, Challenger noted.
 "Many managers see no point in attempting to build job security where none exists. They accept the fact that they will be spending a few years on that job, not many, and then move on," he said.
 Challenger pointed out that shorter job tenures have become the norm despite the widespread resistance of many people to relocating for a new job.
 "Often the rate of job change is coupled with more frequent moves but our surveys show that two thirds of discharged managers do not relocate for new employment. They either remain in their present or a nearby market in terms of commuting."
 Where the best opportunity lies will often dictate the number of years the individual spends on the job. "Jobs usually come down to a matter of money and the majority of individuals will leave for a better- paying position," he observed.
 Challenger's conclusions are based on his surveys of 600 managers per quarter.
 Challenger, Gray & Christmas, Inc., counsels discharged persons primarily from Fortune 1000 companies. The firm's extensive business base enables it to determine and measure significant national trends and developments in the job market. The company is the nation's oldest outplacement company. It maintains offices throughout the United States, Canada, and elsewhere internationally.
 -0- 8/27/92
 /CONTACT: Herbert H. Rozoff Associates Inc., Chicago, 312-944-2299, for Challenger, Gray & Christmas/ CO: Challenger, Gray & Christmas, Inc. ST: New York IN: SU: ECO


SH-LR -- NY003 -- 3792 08/27/92 09:00 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 27, 1992
Words:648
Previous Article:ATLANTA PROJECT 'PENNIES' DRIVE PASSES MILLION MILESTONE
Next Article:NATIONAL VOLUNTEER PROGRAM MOBILIZED TO GIVE MEDICAL HELP TO HURRICANE ANDREW VICTIMS
Topics:


Related Articles
CREATE OWN BREAKTHROUGH TO GAIN NEW EMPLOYMENT, JOBLESS URGED YOU CAN FIND A NEW JOB NOW
DR. PELLER MARION'S 'CRISIS PROOF YOUR CAREER: FINDING JOB SECURITY IN AN INSECURE TIME' (BIRCH LANE PRESS) RELEASED SEPT. 1
Employer and occupational tenure: 1991 update.
THORNDIKE DELAND ASSOCIATES: SHORTER TENURE ASSUMED BY BOTH EMPLOYERS, EXECUTIVES
THORNDIKE DELAND ASSOCIATES: SHORTER JOB TENURE ASSUMED BY BOTH EMPLOYERS, EXECUTIVES
Production lines and innovative work practices.
The Corbin Capsule: Sealed Predictions From the Famous Futurist (Do Not Open Until 2025).
While E-Biz Pursues `Point-Click-Buy' Vision, Hot Talent Says `Point-Click-Goodbye'.
JOB SECURITY IN AUSTRALIA: BROADENING THE ANALYSIS.
Kelly Services Study Finds 'Free Agent' Workers More Satisfied, Less Stressed Than Traditionally Employed Counterparts.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters