Employee Tenure – Telecommunications workforce is aging

Employee Tenure – Telecommunications workforce is aging

The latest analysis of BLS data by Janco Associates and eJobDescription.com shows that employees in telecommunications are an aging population.

Employee Average Tenure
Telecommunications Workforce is aging and there are too few younger employees with sufficient experience to fill the required leadership positions.

As companies cut back the first thing they typically do is eliminate newer less experienced employees, then they cut back the middle layers of experience, and retain only the employees with the longest seniority and experience set.  This is exactly what has happened in the telecommunications market for IT Pros.

During the recession companies have continued to reduce the size of the workforce in telecommunication roles.  This has resulted in fewer employees and those in those roles are older.  In the long run this will be an issue as the economy turns around there will be too few “younger” employees who can take over the reigns as telecommunication demands increase.

 

Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, a Graduate School at Harvard University, been a guest lecturer at the UCLA's Anderson School of Business and several other universities in various programs.Prior to Janco, he was a Vice President at Index Systems and found PSR, Inc. and internationally recognized consulting practice.