a wild guess...

[zhihau]

was thinking about the recent article that suggested Gen Y folks aren't exactly loyal to their companies, and see job switching as a norm.

upon some reflection, i thought it could be partly due to the fact that there was so sense of grounding, which could be related to the fact that students do not get a fixed group of mentors guiding them when they were in their formative years.

just how many folks have gone thru' the local education system without the change of teachers and mentors? it's just another cascading effect... seen changes too many a times to start feeling it as a norm...

secondly, when the company doesn't invest to train up and retain the students, you'd thought the student would linger around? got to pay competitive rates for the students to feel committed, or give the students ownership, for the very least.

thirdly, do the Gen Y folks truly enjoy what they are doing? seems to me the interests for any particular subject tend to wane very quickly... any bros like to throw some light on this matter per se?

 

[madmansg]

gen XYZ is all smoke screen. Genes is destiny.

 

[NgEjay]

was thinking about the recent article that suggested Gen Y folks aren't exactly loyal to their companies, and see job switching as a norm.

Zhihau, much of the fault lies with companies themselves, who:

• increasingly hire on a contract basis (6 mths, 1 year contract, etc)
• view employees as a cost unit rather than a productivity unit: in other words, think of employees in terms of how much is costs the company rather than the value added services the employee brings
• pay increasingly less attention to long term commitment and instead pay more attention to "just-in-time" hiring & manufacturing

 

[yinyang]

Worse is yet to be... with advent of shared services (in-house or outsourced), regional and global. One major hiccup is high turnover, lousy retention and career path.

 

[ahbengsong]

was thinking about the recent article that suggested Gen Y folks aren't exactly loyal to their companies, and see job switching as a norm.

upon some reflection, i thought it could be partly due to the fact that there was so sense of grounding, which could be related to the fact that students do not get a fixed group of mentors guiding them when they were in their formative years.

just how many folks have gone thru' the local education system without the change of teachers and mentors? it's just another cascading effect... seen changes too many a times to start feeling it as a norm...

secondly, when the company doesn't invest to train up and retain the students, you'd thought the student would linger around? got to pay competitive rates for the students to feel committed, or give the students ownership, for the very least.

thirdly, do the Gen Y folks truly enjoy what they are doing? seems to me the interests for any particular subject tend to wane very quickly... any bros like to throw some light on this matter per se?

Today... employees go where the benefits are the best... company loyalty is a dino now...

 

[Ah Guan]

Annual pay increments are pathetic.

The only way of getting your pay level aligned with your experience and skill is to change jobs.

If your boss wants you to stay, he/she will match that offer.

This is the salary review process in place nowadays. Can't put all the blame on employees.

 

[zhihau]

thus we take the influx of cheaper workforce into account, middle class locals can literally suck thumb when their positions are filled with FTs...

join in this great cycle of natural selection... welcome to this natural habitat!

 

[ahbengsong]

thus we take the influx of cheaper workforce into account, middle class locals can literally suck thumb when their positions are filled with FTs...

join in this great cycle of natural selection... welcome to this natural habitat!

bro..... when there is a reservist handicap on sgporeans, it is no longer natural selection but bias selection... remember that in singapore, the pap is "jobs for foreigners, NS for singaporeans"....

 

[SammyHulk]

Times had change, being loyal to a company doesn't mean life long employment, all can do is to do the best while still in the company and at the same time look out for better lobang.:p

 

[Zombie]

Zhihau, much of the fault lies with companies themselves, who:

• increasingly hire on a contract basis (6 mths, 1 year contract, etc)
• view employees as a cost unit rather than a productivity unit: in other words, think of employees in terms of how much is costs the company rather than the value added services the employee brings
• pay increasingly less attention to long term commitment and instead pay more attention to "just-in-time" hiring & manufacturing

Don't blame companies. Humans always have the tendency to become the fat sitting buddhas, once they stay on the same job for a number of years. There is stagnant growth in term of value-adding, and costs will increase to overtake value in no time. There are plenty of examples especially in GLCs and civil services.

 

[rodent2005]

How much do companies pay for loyalty? What happens to loyalty when companies exercise mass retrenchment or age discrimination? What crap are they trying to brainwash sinkees with?

 

[zhihau]

... There is stagnant growth in term of value-adding, and costs will increase to overtake value in no time ...

oh boy... that was exactly how i felt before i left the institution! stagnant growth! or rather, i lost complete interest in manipulating other life-forms... no motivation to create the mutants...

 

[zhihau]

... What crap are they trying to brainwash sinkees with? ...

last i noted, we needed to pay millions a year to retain our top brass peoples

 

[Ah Guan]

join in this great cycle of natural selection... welcome to this natural habitat!

To perform a fair assessment of this problem we really need to find out the employees' reasons for changing jobs.

Until we have clarity on the issues raised, it'll just be finger pointing from both sides.

 

[zhihau]

Until we have clarity on the issues raised, it'll just be finger pointing from both sides.

think i'll go straight to the point, both employer and employee ai pih ai cih ai tua liap ni.

employer wants to exploit the most out of the employee, and the employee wants to get most benefits out from the employer. when the demands and supplies doesn't really tally or reach the expectations, don't expect the employees to stay, don't expect the employers to pay.

 

[Ah Guan]

Yup that pretty much sums it up

 

[NgEjay]

Don't blame companies. Humans always have the tendency to become the fat sitting buddhas, once they stay on the same job for a number of years.

If bosses don't practise good leadership, is there any wonder why employees become fat buddhas over time?

 

[Zombie]

If bosses don't practise good leadership, is there any wonder why employees become fat buddhas over time?

Still, humans always have the tendency to become the fat sitting buddhas, once they stay on the same job for a number of years.

Don't blame everything on the companies and (now) bosses.

 

[snrcitizen]

There are good bosses/companies and good employees and on the other side of the coin, there are also bad bosses/companies and bad employees.

However, in today's environment, no boss/company should expect loyalty from employees whether they are Gen X. Y. or Z since the bosses/companies cannot promise employees, however good they are, constant employment.

As much right that companies choose the best valued employee for themselves, then employees also do have a right to choose the company where they work. It's economics and real world.

 

[zack123]

The problem with Gen Y is that they are unsure of what they want to do in life. As a result, they would job hop looking for something which fits them or looking for bigger paycheck for similar job to ensure that even if they don't like their job, at least they are paid handsomely.