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Lifetime Employment

   Also found in: Wikipedia 0.01 sec.
Lifetime Employment
A situation in which an employee is practically guaranteed to keep his/her job. A person with lifetime employment may only be fired for gross violations such as sexual harassment or chronic absenteeism. Work performance has little or no bearing. Lifetime employment is rare except in the government sector and some nonprofits, though law firm partners may be said to have lifetime employment.
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In the past, the implied lifetime employment contract was the primary way to build employee loyalty.
Cultivating Employee Loyalty by Ryan Scholz / Business community
With the absence of job security and the likelihood of lifetime employment with one company a thing of the past, the open labor market means you may be investing in talented people who will leave your firm for a competitor.
Talent on Demand by Marshall Goldsmith / BusinessWeek
Simply, there is no thing called lifetime employment or job security.
Building Your Multiple Income Streams by Laurus Nobilis / Finance and Investment community
 
 
 
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