Earlier quoted context omitted.
1) We do specifically address the power imbalance between employers and employees. Because managers typically have more power in the relationship, it is critical that managers take the initiative to prove themselves trustworthy. Now that talent mobility has increased so much, employers who continue to treat employees as disposable are going to have a hard time attracting the best talent. This doesn't mean that all co…
I appreciate you taking the time to respond. If I may also respond: 1. That doesn't necessarily follow. In any economy there will always be talent, but the issue here is that you refer to the "best" talent - surely such a scenario you give also implies that once you are no longer the best talent, although you were so at one point, you can be perceived as no longer so and this you can be replaced? There will also alwa…
If your company strategy can work with the vast majority of talent and where some job/company-specific learning is in play (which is the vast majority of companies), then you would naturally prefer an experienced employee to a rank novice. That gives some power advantage to the incumbent employee over a walk-in applicant.
If your company strategy can use nearly anyone and there is no significant learning on the job, then incumbent employees are competing on fairly equal ground with new applicants and it can become a race to the bottom, but it also requires the lowest amount of investment on the part of the employee.
Your job as a prospective employee is to understand what type of company you're considering joining, and to get yourself in the right place on that spectrum, where right is a function of your abilities, aspirations, and preferences. Some like the battle to be the very best. Some like the idea of a lifetime of learning and stable employment. Others prefer (or have thrust upon them) a job where not too much is demanded of them in terms of job-related learning and development.