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Loyal to the Company

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21–30 of 107 posts

Re: Loyal to the Company

#21
My Dad worked for Swift & Co. for 45 years. Nonetheless, when I quit my first job, he said to me, approvingly, "They're not loyal to you, so why should you be loyal to them?"

There are companies loyal to their employees. They tend to be small and family-owned, though, and when the family retires or loses control, the new owners tend to be markedly less loyal.

Re: Loyal to the Company

#22

Earlier quoted context omitted.

> No company is loyal to its employees. People are capable of loyalty, but companies are simply not capable of loyalty. The smaller the company, the less distinction there is between "the company" and "the people who own it". So it's possible to have something like loyalty/trust with the company if you have loyalty/trust with the people in charge But there's always a difference, and it can always change in the time i…

> The smaller the company, the less distinction there is between "the company" and "the people who own it". So it's possible to have something like loyalty/trust with the company if you have loyalty/trust with the people in charge I understand what you're getting at, and this is why I support small businesses both with my money and politically, and when I can, by working for them. If someone has to look you in the ey…

Yep

I would even add a further layer for public companies (vs large private companies): we might think of "those in charge" as management, and large companies certainly put more distance between them and folks on the ground, but public companies also have a big distance between investors and management. Most investors on the open market won't even be involved with the company directly - it'll just be a line in a portfolio, their only signal being buy/sell - and yet ultimately they are the ones "in charge"

Which is why we often get behavior that's not just disloyal or callous, but wildly irrational too

Re: Loyal to the Company

#23
post #6

Employee loyalty is usually the priority that comes last, _just one more big push and then we can breath_ except the breath never happens and now management expects the next project to finish quicker with less people.

That breath has been "two weeks away" for about five years now.

I totally forgot about two weeks to flatten the curve.

edit: In my area, ER's are no longer over capacity. Is this true where you are? I'm curious if we can determine a date for this milestone, because it'd be good to know statistically speaking for if an event on this level ever happens again.

Re: Loyal to the Company

#28
post #8
post #4

But please don't mistake this with a general "no company is loyal to its employees". Maybe rare, but not non-existent.

Do you have good examples of companies loyal to employees? I have been pretty loyal to my employees, but I have had to make hard decisions when the health of the company was higher priority than loyalty to an employee.

In fact, my next article on Maps will talk about the Zagat acquisition. Tim and Nina Zagat were getting on in years, and wanted to protect their employees against getting acquired by some ruthless private equity owners.

So they sold to Google. Oh well. Zagat was eventually spun out again. I don't know what happened to those long-time employees.

Re: Loyal to the Company

#29
Smaller, family-owned companies can be loyal to a fault.

Long-time employees can be hard to get rid of. One good deed, closing one big deal, sticking with the company during tough times, being buddies with the right people...

A lot of owners can be sympathetic to certain people as well. Keeping employees that miss work for any excuse, moochers that get raises for no reason, bad performers, it can be tough for other employers that won't realize that there isn't anything they can do themselves about this, and to just focus on their own work.

On the other hand, I've seen people go through family crisis, health issues, etc and still receive a paycheck for months at a time when missing lots of work.

That's a loyal company.

Re: Loyal to the Company

#30

My Dad worked for Swift & Co. for 45 years. Nonetheless, when I quit my first job, he said to me, approvingly, "They're not loyal to you, so why should you be loyal to them?" There are companies loyal to their employees. They tend to be small and family-owned, though, and when the family retires or loses control, the new owners tend to be markedly less loyal.

My grandfather owned rice plantations as a young man... up until the bank which held the mortgages on the properties decided that it wanted to sell the land to a refinery. He then went to work for Shell for the next 25 years. My godfather worked for Shell for 30 years. So did my father. And when my dad ended his career there, they were about to start dismantling the global data warehousing implementation team, so he offered up his own job to receive severance. He received 2 years of pay, all 16 weeks of accrued vacation time, and of course got to keep his pension and his 401K.

I think that one of the reasons that the area is so patriarchal and right-wing is because that's the career experience of a lot of people over there. They work forever at one place, maybe survive a few layoffs, and are generally well taken care of. This deludes people into believing that it's how it is for everyone: that you can simply roll out of bed after high school and get a life-long career which will afford you a middle class lifestyle.

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