One factor is that the advent of the 401k in the US broke the contract a while ago. Retirement isn't bound to any one company anymore. This is the first generation to enter the workforce with bosses that never experienced what its like to have a pension. All of their seniors are free agents too, and this does have effects. Loyalty to the worthy manager, yes, but definitely not to the company as some sort of a long-term benefactor.
Myth: The world needs more articles in which Millenials are explained<p>Reality: Millenials have been lied to by virtually every authority figure for every single moment of their entire goddamn lives, and are slightly harder to bullshit than yesterday's suckers and rubes
The concept of loyalty being a one-way thing is fundamentally flawed. If you're "loyal" to someone or something that isn't loyal back, it's not loyalty, it's stupidity. Loyalty requires reciprocation.<p>The reality here is that companies aren't loyal to their employees. If a company isn't loyal to you, you can't be loyal to it. It's that simple.
Loyalty to me seems like the prisoner's dilemma. Sure, you both are better off to each other if you're both loyal (ie I don't look for other jobs, and you employ me for a long, long period of time), but you're better off just NOT being loyal because the other party might not be as well.
Why shouldn't they be? They had a hard time finding a job in the first place, and read nothing but stories of how companies are laying people off, starting at the bottom.<p>I'm on the border of GenX and Millennial (depending on where you look), and I would definitely say I feel no corporate loyalty. I worked for a large Fortune 50 retailer during the era of their first layoff, and I felt the blade whiz by me, knowing full well I could easily have been let go. Likewise, being a tech worker, I was in a cost-center and not a income earning group, meaning I was always subject to cost cutting and belt tightening. I felt like a number (even my network logon was a random string and not my name - admittedly for security, I get that), and why would a number feel loyalty to a megacorp?
All I saw was a bunch of arrows that made no sense. If you're going to put big attractive attention grabbing images in your article they should probably explain the point 'cause they're pulling all my attention from the text and making me spend bring capitol on deciphering them instead of just reading.
<i>Treating Millennials with respect and professional kindness will endear them to stay by your side and be less likely to jump ship at the drop of a dime.</i><p>How is this specific to any generation? Is the implication that there is a case where it is okay not to treat people with professional kindness and respect? I don't know who coined the phrase "people quit managers, not companies" but it has been around for quite some time.
<i>True, Millennials are perhaps less enamored with big corporate structure and traditional career trajectories ... The reality is that Millennials aren’t married to the corporations they work for</i><p>So how is it "busted"? You just admitted it was all true.