Tours of Duty: The New Employer-Employee Compact
The employer-employee relationship has shifted to a transactional model, prompting a new compact emphasizing temporary alliances, external networking, and alumni networks to enhance adaptability and employability for mutual benefit.
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The traditional employer-employee relationship, characterized by stability and loyalty, has evolved into a more transactional model that often fails to benefit both parties. In response, a new compact is proposed, emphasizing temporary alliances and mutual value addition. This model, inspired by Silicon Valley's high-tech start-up culture, encourages companies to hire employees for specific "tours of duty," support their external networking efforts, and maintain active alumni networks for ongoing relationships. The authors, Reid Hoffman, Ben Casnocha, and Chris Yeh, argue that this approach can enhance adaptability for companies while improving employability for employees. By fostering a collaborative environment, organizations can attract and retain top talent, which is crucial for entrepreneurial success.
- The employer-employee relationship has shifted from stability to a transactional model.
- A new compact based on temporary alliances and mutual value is proposed.
- Companies should hire for specific "tours of duty" and support external networking.
- Maintaining active alumni networks can foster long-term relationships.
- This approach can help organizations attract and retain top talent.
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2 commentsI mean, that would be great for LinkedIn, right? If everyone had to start a new job every 2-4 years?
But at large companies, experience at the company is very valuable. Proprietary tooling, complex codebases, complicated processes, etc. all contribute to a big amount of time wasted during onboarding. The more you switch jobs, the more time gets wasted to onboarding.