In recent years in Greece, the job tenure (average number of years workers work in the...
In recent years in Greece, the job tenure (average number of years workers work in the same company) was highest in Europe. And many economists think that this was one of the problems behind the depression, and they argue that the Greek government should adopt policies to reduce job tenure. If you were given the task to develop such policies, what might be one policy you might suggest?
Homework Answers
Following policies should be adopted :
- Fixed incremental payouts for employees for long term relationships
- Exit stake as well as severamce package to provide monetary support and reduce depression
- Fixed level of promotion and rotation policy such that employees get better opportunities and better roles and hence better job satisfaction
- Fixed work hours per week to reduce anxiety and stress
- Mandatory work life balance training
- Job opportunities support for employees who exit after longer terms.
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