Millennials are not loyal to anything except themselves.
And they're shocked and amazed that the same people they laid off when things got slow are not chomping at the bit to come back to them when things pick up?
“... as a way to advance their careers...”
Nothing wrong with that in my opinion. Personally, I think the days of “Dad working at company X for fifty years and getting a gold watch” is something of the past. Many companies/business will force retire/pink slip a person just before retirement age. Plus, many businesses won’t promote from within. Even when I worked at a hospital, there were many techs/other positions that obtained their RN or other degree. If they wanted to work in that field, they had to apply to another hospital.. as a “fresh” employee. If they wanted a promotion, they applied elsewhere. Even one of my girl friends obtained her business degree and applied as a Loan Officer at her bank. They saw her as the “woman who worked as a teller”. She did obtain her position at ANOTHER bank. They were impressed by her years of loyal service and her willingness to obtain a higher degree.
BS, they don't want career advancement, they want to start as CEO - which by the way has a high salary.
Company loyalty goes both ways. In my experience, companies DO NOT CARE.
A loyal employee is one who does his job honestly and diligently for the duration of his employment.
They have been so screwed by the Boomers by things like NAFTA, totally free immigration of all classes of laborers, outsourcing of jobs by greedy executives, hyperinflation of educational expenses by the government flooding the supply of load dollars, the erosion of the schools and universities to the point that their degrees are often worthless, saddling them with an impossible gargantuan national debt, etc., etc.
Shame on you Millenial bashers for doing this... it's really scandalous how badly the Boomers have screwed them.
I have met many a man around age 57 that has been given a retirement package by their employers after 30 years or so working for them. The retirement package has never been enough to carry them through to full retirement age. Good luck to them to find other work at or near their current job compensation.
Now, I don’t blame a company for wanting to stay profitable. Companies need to stay profitable, for if the company folds and then no one profits - employees and the company. But many times, these forced retirements don’t seem appropriate, and seem to be taking advantage of the elderly or near elderly.
Millennials see what is happening to their fathers. As such, they don’t trust big corporate America. I don’t blame them.
This is why, as much as possible, we need to try to get the younger generation to start their own businesses. Then they are more apt to in control of their own destiny.