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They make a good point about workers not able to stay at a job longer than a few years. I'm sure this impacts productivity quite a bit. This article assumes t
by pascalxus 9y ago
They make a good point about workers not able to stay at a job longer than a few years. I'm sure this impacts productivity quite a bit.
This article assumes that productivity is accurately being measured (GDP/worker hours) and doesn't address this issue. It would be interesting to see a breakdown per industry to see where the ups and downs are. I mean, you've got companies like google that generate a lot of money per worker, and they could do even more if they didn't invest in the future and only worked on stuff they had a monopoly for (search).
Jobs have become increasingly specialized, I wonder if this affects the measurement of productivity.
- notfromhere 9y agoEmployees aren't really incentivized to stay very long at positions, especially if you're looking for income growth. Most companies will cap you at 2-3% raises that basically incentivize you to switch positions for XX% salary increases