Trends: Employee Tenure, a Two-Way Street with Employer or Fast Lane to a Better Job?
Long-held notions that longer tenure benefits both employee and employer continue to erode as the reported median length of employment spirals downward. In January of 2016, according to the U.S. Bureau of Labor Statistics, the median number of years that wage and salary workers had been with their current employer was 4.2 years. Down from 4.6 in 2014. Way down for select demographics and industries. Not unexpected, among 16 to 19 years-old’s who were still exploring skills and careers, 74 percent reported having had a tenure of 12 months or less with their current employer. On the opposite end of [...]