The Open-Talent Economy: What Price Loyalty in a Time of Employment Disruption?

Business professionals are on the move, whether they like it or not. Traditional employers, such as media organisations, the public service, telecommunications companies, accounting firms, banks and universities have all announced redundancy programs during the past 12 months. Job ads are down and unemployment is rising. Some firms are accessing cheaper services offshore.  But what replaces employee commitment to an organisation when stable, full-time jobs are replaced by casual, contract and part-time work? Is “volatile, uncertain, complex and ambiguous” employment the new white-collar reality? Experts from the Australian School of Business and industry weigh in.