Is the gold watch for 25 years of service outdated?

Seems so. The finding from an EBRI study of workers from 1988 through 2022 found that the average tenure of employees 25 years and older was 5 years. Interestingly, the “difference between private-sector and public-sector workers’ tenure distributions is quite striking. While private-sector employers in general have been able to maintain a near-constant and small percentage of very long-term employees (25 or more years of tenure), public-sector employers saw this group grow significantly through 2004 before trending down through 2022. Consequently, public-sector employers have seen a significant share of their most experienced workers retire or otherwise leave their jobs.” #IdeaoftheDay