Earlier quoted context omitted.
The item lost is pipeline of talent in all of this though. Precision machining is going through an absolute nightmare where the journeymen or master machinists are aging out of the work force. These were people who originally learned on manual machines, and upgraded to CNC over the years. The pipeline collapsed about 1997. Now there are no apprentice machinists to replace the skills of the retiring workforce. This wi…
> The item lost is pipeline of talent in all of this though. Totally agree. However, I think this pipeline has been taking a hit for a while already because juniors as a whole have been devaluing themselves: if we expect them to leave after one year, what's the point of hiring and training them? Only helping their next employer at that point.
Very few companies put any real thought into meaningful retention but they are quick to complain about turnover.