Changing jobs in the 20 th century was considered an oddity. Carrying on the tradition of beginning and ending ones career with the same company was the norm. Find a good company to work for, start at the bottom and work your way as high as possible was common place then. These organizations, known as “‘womb to tomb’ employers” (p.
42) would often times keep personnel in their employ with fifty years or more of faithful service. Often an employee would have to gain knowledge of all the responsibilities within a certain department in order to gain the expertise needed to earn a promotion. It was not all that uncommon to meet individuals, as clich’e as it may sound, who started their career in the mail room, and worked their way into a position of authority. In today’s ever changing work environment, the notion of beginning and ending a career at one place of employment is considered pass’e. “Many people entering the work force may work for as many as seven or eight companies during their careers” (p. 42).
Within their careers they also learn a vast array of specialized skills, also making the employees more marketable. Within all of these changes is the notion that with all of the skill sets employees are learning “it is not unusual for an employee to work for two or three companies that are competitors of one another, using the knowledge they acquire from one company to enable a different company to compete more effectively” (p. 42).
The Essay on 401 K Plans Company Stock Employees
401 (k) Plans There are many economic issues facing the nation today. While some are extremely important in determining how the economy is balanced, others are not. Although this is true, that does not necessarily make these lesser important issues obsolete. Take, for example, the recent issue of corporate leaders matching contributors to the 401 (k) plan with company stock, instead of with cash. ...
Also changing in today’s labor society, is the role that managers play. No longer are they representatives of all the specialized fields that form a department. In the 20 th century, an employee had to have specialized knowledge of each job function from within that department to climb the promotion ladder.
It was not until “an employee learned all of the functions of a department, he or she moved into a supervisory position, and eventually into management” (p. 42).
Today’s managers are trained for their people skills, specializing in motivation, and ability to foresee future trends. Often times, managers are hired with no technical knowledge of the “company’s products or services” (p. 42).
References Carlson, C. (2002, June).
The Changing Workplace. Workplace Monthly, 42.