Thursday, May 31, 2007

Good Things Come to Those That Wait?

Over on the Compensation Force blog, there's an interesting post about internal job posting policies at large companies and their potential impact on employee retention. Companies with strict posting policies that state that employees must be in their current jobs for one or even two years before posting for a new position may inadvertently be sabotaging their retention strategies. The new crop of Gen Y job seekers are ambitious, demanding, question everything, and less loyal to their companies than past generations according to a recent article in Fortune Magazine. Posting policies that were accepted by the Baby Boomer generation may be difficult for the Millenials to swallow. My prediction is that the companies that break away from structured job posting policies will fare better over the next decade and be more successful at retaining key contributors and building increased loyalty towards the organization.

During your job search, it's important to find out as much information as you can about a company's culture. If upward mobility is an important priority for you in your next job, try to learn about the job posting policies in your target companies so you can achieve your career goals at a rate that is appropriate for you.

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