Tenure of Employment
In a news release from the U.S. Labor Department it reports that “The median number of years that wage and salary workers had been with their current employer was 4.2 years in January 2018, unchanged from the median in January 2016”. As you would expect the older you are, the longer you have been with the same company (almost three times longer).
Pros of Long-Term Employment
- You have organizational value with your knowledge.
- You gain more leadership opportunities and likely have a say in the way things are done.
- You know who the decision makers are and who to talk to in your organization.
- You can gain special perks and job benefits.
- Life becomes comfortable.
Cons of Long-Term Employment
- You can develop some bad habits.
- Your salary will likely max out at some point and fall behind industry averages.
- You will reach a maximum level for promotions.
- You could stop trying to learn new things or stop pushing the envelope.
- Life becomes boring.
Whether you have been with your company less than 5 years or more, for us, from the company you work for’s perspective, the value of a long term employee has always been about the individual and their personal performance. How long have you been at your current job? We are 11 years and counting…. leave us a comment.
We, Jeff and Tara Ciecko of CK Golf write two blogs, one is our 19th Hole Blog where we share personal experiences and the other an Industry Blog where we comment on general business and internet marketing best practices, sales strategies and give golf industry related opinions. We have owned CK Golf for 10 years and provide business services to the golf and other industries. As of August 2016 our life and our business is ‘location independent’. Our 19th Hole Blog is about the places we visit and the things we do. If you have any questions or comments, or happen to be in the same location as us please reach out and contact us anytime.