RealTime IT News

Internet Creates Fickle Workplace

[Sydney, AUSTRALIA] Employee loyalty has taken a dive since the advent of the Internet, making job hopping easier and threatening the stability and intellectual property control of organizations, according to a report.

The survey by recruitment firm Morgan & Banks has found that 77 percent of females and 84 percent of males think the Internet has made it easier to change jobs, with 72 percent of males and 66 percent of females saying this has affected the the length of time that people stay in jobs.

Younger respondents of the 2,500 employees surveyed were the most enthusiastic advocates of job-hopping, with 100 percent of those in the 19-24 age group and 85 percent of those in the 25-34 age group claiming the Internet has made sourcing and securing new positions easier.

One of the most important aspects of online job searching is discretion, according to Jonathon Morse of Morgan & Banks Technology. "A massive 60 percent of males and 52 percent of females are looking for a job on their present company's time," he said. "The Internet...enables them to thoroughly research the position in a discrete manner - during work hours," said Morse.

Common loyalty programs such as the offering of equity in place of salary have become less effective in a post-bubble world, according to a separate study by SACS Executive Solutions. "Potential employees have become much more cautious about trading salary for equity as they come to realize the risks involved," said Andrew Marty, managing director at SACS. "The days of people accepting 50 percent of their salary as equity are gone...employees have much more at stake if the company fails to perform."