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A lesson on employment courtesy of Israeli army

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Wednesday, January 19th, 2011

As reported by the Sydney Morning Herald:

A banking executive lamented to me the challenges of retaining Gen Y employees. A graduate had resigned after a mere three months with the company and explained his departure in terms of not having received the one-on-one training he had expected from the CEO.

This executive is not alone. Perplexed organisations are struggling with annual turnover rates that reach beyond 40 per cent.

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But unless there is a significant economic downturn and jobs suddenly become scarce, organisations are just going to have to live with a new paradigm. Young employees have vastly different expectations from their elders and have no compunction about getting up and leaving for perceived greener pastures when dissatisfied.

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