Sunday, November 14, 2004

Good News for Retention of NextGen Employees

A surprising new finding from the Institute for the Future (IFTF) about today's youth. Teens and young adults between the ages of 14 - 21 said they would prefer to advance within one company rather than grow by switching jobs. If true this is great news for companies.

With any luck this could signal the end of the "knowledge nomads" and good riddance to them.

The reason provided for this shift, however, is not so good. According to Lyn Jeffery, the research director at the Institute for the Future, these kids have been "profoundly affected" by the layoffs and job losses of the adults in their lives. They are seeking the stability that their family members have not had in recent years.

Regardless of the reason, I'll take this as a good sign for the future of business. We need a committed workforce and it looks like the next generation is ready, willing and able.


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