Moriath
I am a FH squatter
- Joined
- Dec 23, 2003
- Messages
- 16,209
We get long service awards too every 5 years.For a lot of companies this is true however in the company I work in (huge worldwide org) seniority (number of years served) is a celebrated event still and there is a high proportion of individuals who have worked for a very long time. I have just had my 20 year anniversary, my boss is 18 years and her boss is 19 years. 30% of my employees are over 7 years and I have had no leavers for two years in any of my departments.
My Career has grown at the same rate as my colleagues who left - once you get to FD / CFO it is normally a matter of increasing the size of the entity you are responsible for whether internally or externally. Maybe I am an exception to the norm however I work and live in an environment where I am the norm - ie outside of this org and in my direct family my brother and sisters have worked for the same orgs for donkeys years, my husband has been in his job for over 6 years and his father in his company for double figures and his mum although has moved schools has been a headmistress for government schools for at least 10 years....
This year i also turned 50 and there are cash awards for either turning 50 (after 10 years service) or 25 years with a small difference and when I discussed with my boss we decided it would be better for me to wait for my 25 years gift as the award is higher.
In Europe ie FR, SE, NL, DK, NO it is very very expensive to make redundancies so for some countries there are barriers to permenant employment ie in NL you can be a temp employed by the organisation for 2 years before you have to be offered a permenant role and in Sweden it is 1 to 2 years dependent on the central agreement - I beleive organisations use this to the fullest effect and this will impact the statistic of 4 years...
i think some times people feel they have to move to get their career progression. Some companies are setup like this. But in my company many people stay for a long time. And there are loads of roles to change to as its a big multinational.