Loyal to the Company
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Loyal to the Company
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Re: Loyal to the Company
#2Scott Adams almost getting it.
Re: Loyal to the Company
#3Scott Adams almost getting it.
Almost?
Re: Loyal to the Company
#4But please don't mistake this with a general "no company is loyal to its employees". Maybe rare, but not non-existent.
Re: Loyal to the Company
#5But please don't mistake this with a general "no company is loyal to its employees". Maybe rare, but not non-existent.
In my experience, it's typically the smaller the company the more loyal they are to good employees.
Big companies with plenty of institutional inertia have zero loyalty and would replace their entire workforce with chatgpt of given the opportunity.
Re: Loyal to the Company
#6Employee 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.
Re: Loyal to the Company
#7But please don't mistake this with a general "no company is loyal to its employees". Maybe rare, but not non-existent.
I have yet to see a company where the "loyal" employees are paid more than those who leave for a better salary, or are exempt from laid off. I feel like "Company Loyalty" is one of those nonsensical ideas boomers left to the younger generation.
Re: Loyal to the Company
#8But 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.
Re: Loyal to the Company
#9But please don't mistake this with a general "no company is loyal to its employees". Maybe rare, but not non-existent.
Make no mistake, all companies are one leveraged buy-out away from full private equity ruthlessness. Even if the current owners are great – people get older, they'll want to retire... and we all die. Eventually the ownership can pass to someone who really wants to turn the screws.
Re: Loyal to the Company
#10But please don't mistake this with a general "no company is loyal to its employees". Maybe rare, but not non-existent.
No company is loyal to its employees. People are capable of loyalty, but companies are simply not capable of loyalty.
One of my neighbors a few years back worked at a lumber mill for 30+ years, including some serious downturns in demand for lumber when the owner of the company took little or no pay to make sure he could keep on his employees. The owner of the company? Super loyal.
The owner died, and his daughter, who inherited the company, didn't want to run it, so she sold it to a local investor who took one look at the books and laid off almost all the staff including my neighbor, replacing them with minimum-wage-ish workers. I don't think the daughter intended this to happen, she just didn't have the business knowledge to prevent it.
Luckily my ex-neighbor had less than a year left on his mortgage when this happened, and was able to pay off his house before unemployment ran out, but he wasn't able to find work (probably in part due to ageism). Last I heard (just before the pandemic) his attempt at starting a knife-sharpening business out of his home had failed and he was trying to sell the business, with still a few more years before he could collect social security (and give up full social security benefits by doing so).