Changing career rules: clinging to the past or accepting the new reality?

This exploratory study examined recent business school graduates appreciation of ongoing changes in the nature of employment relationships. It has been suggested by some that job security is now dead and that company loyalty has all but disappeared. To what extent do recent business school graduates endorse old or new career and organizational realities? Two hundred and seventeen respondents completed anonymous questionnaires. Aspects of the old and new employment contract were assessed by 20 items created specifically for this research. The data revealed modest support for both the old and new employment relationship, perhaps reflecting the transition currently underway in workplaces. Implications for individuals and organizational management are offered.