Lifetime employment is typically more common in long-established multinational corporations, where good pension provision, transparent pay structures and varied departments mean workers may have less incentive to search the job market for a fulfilling career elsewhere. “If the job offers what people have always sought from work – a way to make a decent living as well as find dignity and fulfilment – then employee loyalty is much easier to come by,” says Rick Wartzman, of management thinktank the Drucker Institute, and author of The End of Loyalty, based in Los Angeles.
