Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less (2014)

Re:Employees Who Stay in Companies Longer Than Two Years Get... by antonyt on Wednesday June 05, 2024 @04:49PM (#40590429)

Only because you've chosen a certain definition of stability. For most people, I'd bet leaving a job voluntarily for a new opportunity yields a higher sense of stability than enduring getting laid off, having your teammates get laid off, or having your org structure drastically change.

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Re:Employees Who Stay in Companies Longer Than Two Years Get... by JumpCrisscross on Wednesday June 05, 2024 @05:39PM (#40590931)

> than enduring getting laid off

“Probability of job loss is strongly monotonically declining in tenure,” with job-loss probability falling from 15% for first-year private sector employees to 5.8% after twenty years [1].

(If you’ve ever had to do lay-offs, you know that it’s easier to lay off the new guy than someone with deep ties to the team.)

[1] https://www.princeton.edu/~ceps/workingpapers/171farber.pdf page 31, Figure 16

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