Unemployment is 2.5%, Corporate Job Churn is 75%

By Scot Herrick | Cube Rules Commentary

Jul 06

In a world where the unemployment rate is 2.5% in some states, why is there so much insecurity about our jobs?

Well, if you work in cubes, I think you know the answer to that without knowing the answer. But to those who tout the great economy and point to the unemployment rate as proof-positive of how great things are going, let me offer a few reasons why the economy isn’t so great for cubicle warriors:

Company management will lay us off in a heartbeat to meet cost objectives. Whether it is to meet budgetary targets or meet objectives of off-shoring, there is no position that is safe.

Managers change. Often. In my career, save one manager, I had a different manager every 18-months on average. That meant I never had a review from the same manager for two years in a row. It meant that I had to get used to a new management style every year. It meant new and different objectives every year. Hard to build consistency in a job when things constantly change.

Upper management changes often. And the way to show effectiveness right away: reorganize the place to fix the problem the person was hired for to fix.

My personal view is that every person in the company gets a new manager once every two years. I might be wrong (anyone have a study?), but that seems to be pretty close.

  • New style.
  • New objectives.
  • New Mission.
  • New Vision.

And six months to get it rolling at which point we start over again.

Sure, the unemployment rate is 2.5% where I live. But the Corporate Churn Rate is 75%. Which number do you think has a bigger impact on your life?

Hat tip to Jason Alba at Jibber Jobber for inspiring this post. May more people sign up for his service!

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About the Author

Scot Herrick is the author of “I’ve Landed My Dream Job–Now What???” and owner of Cube Rules, LLC. Scot has a long history of management and individual contribution in multiple Fortune 100 corporations.