Sunday, November 02, 2008

Don't quit your bidet job

Companies are grappling with a new kind of systemic risk according to the Wall Street Journal: a younger generation of workers who aren't interested in climbing the corporate ladder.

A new study suggests Japanese firms have some of the least ambitious younger workers. These employees do not feel the added pay or "prestige" of promotion is worth the costs of working longer hours or juggling extra responsibilities.

This has nonplussed upper managers and labor consultancy groups, who rely on recruitment for the health of their firms. Some companies have even pursued legal grounds to fire employees who refuse advancement.

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