This is the "Loser" deal according to the Gervais Principle[1]: "[The Losers have] given up some potential for long-term economic liberty (as capitalists) for short-term economic stability." It makes a certain amount of sense, but so do the other positions of the "Clueless" or "Sociopaths". If you are ambitious, then the "Loser" deal is clearly a bad one. [1] - http://www.ribbonfarm.com/2009/10/07/the-gervais-princip…
"The Clueless are the ones who lack the competence to circulate freely through the economy (unlike Sociopaths and Losers), and build up a perverse sense of loyalty to the firm, even when events make it abundantly clear that the firm is not loyal to them. To sustain themselves, they must be capable of fashioning elaborate delusions based on idealized notions of the firm — the perfectly pathological entities we mentioned. Unless squeezed out by forces they cannot resist, they hang on as long as possible, long after both Sociopaths and Losers have left"
I've seen former coworkers build these delusions, even when the ship was sinking and what was left of management was clearly mistreating them.