Month: January 2015

Loyalty

My wife spent her entire career working for two companies (25+ years with one) and has always been appalled by the lack of security in the media industry and the logic-defying reasons the industry uses to fire people. It wasn’t always that way. When my partner and I started at The Wall Street Journal back in the 70’s, there was a reasonable expectation one could spend their entire career there. And many have done so.

Today I see resumes with five jobs before the age of thirty. And, in most instances, it’s no big deal. But, before you think this old guy is going to go off on a rant about millennial job hoppers, I want to address the issue from a different perspective.

Why do people feel compelled to change jobs so often?

I’ll go out on a limb and say that the idea of loyalty, ON BOTH SIDES, is long gone. Employees have no loyalty to their employers because they don’t believe the companies have any loyalty to them. If employees are treated as a hired-gun commodity, why is it surprising to employers that they act that way?

We speak with a lot of people these days, particularly those working in traditional media but also the digital folks, who are very, very frightened about their future. Technological advances, corporate mergers and shortsighted management decisions all add up to one conclusion – there is absolutely NO security in media sales today.

If this is keeping you up at night and you’re open to considering something entrepreneurial (that means they can’t fire you) we have something you will find interesting. Is it worth a ten-minute conversation? If you’re reading this, you know how to get a hold of us. Let’s hear from you.

 

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