Why Companies Don't Care About Staff Loyalty Anymore

The days of earning a gold watch for decades of corporate loyalty are dead and buried. Research now shows that employees who stay with one company for more than two years earn roughly fifty percent less than their job-hopping peers. Modern businesses have stopped viewing employee turnover as a failure and instead treat it as routine maintenance. With software standardization and globalization, companies can easily replace workers with interchangeable talent from a global pool. Major firms like the Big Four have perfected a model that trades grueling hours for resume credibility rather than long-term stability. To survive in this new reality, you must view your relationship with your employer as a strict financial transaction. It is time to stop expecting loyalty from corporations and start managing your career like a business. Produced by: Jessica Hanes Edited by: Bryan Johnson Animation: Jenny Heston Additional Footage: Getty Images » Subscribe to Market Media: @marketmediachannel #marketmedia #jobmarket #financialfreedom #financialeducation