As long-term employment becomes less common, new ways of providing for health care and pensions for all workers need to be considered that transcend their relationships with particular employers. For example, one option would be to institute portable pension plans administered by membership organizations dedicated to the well-being of their members.
Pointer from Timothy Taylor, who includes this quote from the report:
Many employers are increasingly viewing their relationship with employees as a short-term commitment rather than a lifelong investment. As Manpower Group CEO Jonas Prising recently put it, `Employers have gone from being builders of talent to consumers of work.’
Note, however, that this supposed decrease in the share of long-term relationships between employers and employees is not so evident in the data.
Still, I think that the trend is toward firms making more and more use of generic software. (I predicted this almost twenty years ago.) In fact, software-development specialists make more and more use of generic software.
Gary Becker developed the distinction between specific human capital, which is tied to a particular firm, and generic human capital, which can be used anywhere. The more that firms outsource non-core functions and make use of generic software the less they need to invest in specific human capital. Thus, they will tend to do less talent-building and act more like “consumers of work.”