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!


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.