Australia: Survey Finds Older Workers Becoming Less Loyal

According to a survey of Australian workers, 82% of workers in the 41- 55 year age range and 80% of those in the $80,000 to $99,000 salary range are seeking new employment for personal reasons. Campbell Sallabank, CEO of Linkme.com.au, which conducted the survey, says that "Job loyalty is out the window for Aussies of all ages as the Generation Y ethos of quick money, quick success and fast promotion spreads across the Aussie workplace."

Gen Y has long been recognised for their job hopping ways and little concern for employer’s interests as they ruthlessly climb to the top of the corporate ladder. Now more mature workers appear to be adopting the "me too" attitude as they join the bandwagon of career success instead of job loyalty.

Source: LinkMe.com Press Release (January 14, 2008)