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On loyalty to your employer (2018)

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Re: On loyalty to your employer (2018)

#341
post #144

Earlier quoted context omitted.

All loyalty is a risk. Even loyalty to your spouse is a risk. Just like how all love and human trust is a risk. To feel human you have to take these emotional risks. You shouldn’t bet your life that a mega-corp has absolute and utter loyalty to you. You shouldn’t bet your entire life that your spouse has absolute loyalty to you (we have divorce, pre-nups, and post-nups for a reason). But it strikes me as a pretty sou…

Things don't deserve loyalty. Your company is a "thing". People - people can absolutely deserve loyalty, and those people can be managers, coworkers, spouses, family, etc. But don't mix the two up in your mind.

not that binary lmao

Re: On loyalty to your employer (2018)

#342

very strong antiwork sentiment these days. It's sad. The employers are taking a risk by hiring you and paying you, and you should work as hard as you can during business hours. That ethic is very rare in tech but is somewhat common in every other industry I've worked in.

Why must employees put in 100% effort? Where does that expectation come from? I’d be surprised if most companies put in 100% effort to support each employee.

Isn’t it all about expectations in the end? The company expects you to meet some set of goals. Conversely, you expect the company to give you benefits and payment.

Re: On loyalty to your employer (2018)

#343

Given the general sentiment in the comments here, why aren't co-ops more popular? Or any model with a shared ownership. If you eliminate the employer/employee, hierarchical relationship then the 'transactional' model goes away and you can have loyalty that matters for all parties. But there are almost no such places. I've always thought it was more a regulatory issue, but would be curious what others think.

[flagged]

Re: On loyalty to your employer (2018)

#344
post #212

I find it interesting how starkly bimodal attitudes toward employer loyalty are. There is a middle ground between getting a company logo tattoo on one hand and on the other being a clock puncher, who fulfills the minimum job requirements and begrudges any request to put in extra effort. It's possible, even admirable, to be diligent and take pride in one's work for reasons other than drinking the company kool-aid. It'…

This is basically how I approach it with my employees.

I'm very clear with anyone who works for me that our interests won't always align. I'm also clear with them that I'm not going to screw them over and that I won't take any offense if they negotiate with me or ask for things. I lay out what my lines are: I will not knowingly lie to them, and I will usually provide complete information except when I have a good reason to. I ask the same of them. Beyond that, we're adults who can negotiate like adults.

There's nothing wrong with a transactional relationship, and it doesn't mean you can't be human. Things only get unfair when the relationship is only expected to be transactional in one direction, where employees are supposed to have undying loyalty to a company that will lay them off as soon as it becomes convenient to do so.

Re: On loyalty to your employer (2018)

#345
post #212

I find it interesting how starkly bimodal attitudes toward employer loyalty are. There is a middle ground between getting a company logo tattoo on one hand and on the other being a clock puncher, who fulfills the minimum job requirements and begrudges any request to put in extra effort. It's possible, even admirable, to be diligent and take pride in one's work for reasons other than drinking the company kool-aid. It'…

"Loyalty" is also worth something to self - to the loyal employee. It is a signal on CV that given the right environment, you commit to projects and people value your input. That's not to say, stay at all cost, but that when you leave, you pay a price too, and sometimes it's not worth it.

In my line of work, it can easily take 6-12 months until people are really productive, I'm reluctant to hire someone who will be a time sink for all this time then leave 3 months later.

Re: On loyalty to your employer (2018)

#346
post #120
post #89

Earlier quoted context omitted.

I think it depends a lot on your finances though. If you come from a rich family and have parental support by all means it is amazing to travel young. But if your travel budget is coming out of your downpayment on your house that could easily be the difference between buying before house prices got out of control or not. For example if you could have bought in 2013 without travel and it takes you till 2015 to save up…

After reading a bit if history on travel/tourism I understood that this whole travel thing itself used to be luxury, upperclass thing. Most people would work and live where they are born, visit a few times in life outside for religious purpose or to attend important/relative's wedding etc. And that's about it. For myself I didn't travel much for leisure when I was young, I am not traveling when I am middle aged and h…

Travel has always been something people do. People are unaware of historic travel, because it was called "pilgrimage" and not "tourism", but in many ways the same. Discounting for all forms of migration, voluntary or involuntary, and discounting for all forms of trade travel, fishing expeditions and nomadic life.

So while maybe most people through history stayed put, travel has never been just a luxury thing.

Maybe you should find a reason for travel that interests you, and it will be more enjoyable? Instead of taking the tourist wholesale perspective?

Re: On loyalty to your employer (2018)

#347

> “When I’m on my deathbed, I won’t look back at my life and wish I had worked harder. I’ll look back and wish I spent more time with the people I loved.” I saw a Reddit thread the other day on r/startups or r/entrepreneur where the OP was talking about how they'll be working until the day he or she dies. I immediately wondered if this individual had a family, friends. Had this person already seen the world and its m…

My grandfather was a doctor and lived a modest life. But he worked all his life. In his 70s he was still volunteering at a local hospice. In fact on his 78th birthday, he went to work in the morning, then attended his birthday party, then had a stroke and died a few weeks later. He never

> swam with whales, explored dense Amazonian jungles, climbed snowy mountains, explored the countless alleys and backstreets of Tokyo, etc.

But I think he enjoyed his life just as it was.

Re: On loyalty to your employer (2018)

#348

Earlier quoted context omitted.

There is a special form of small company that's even worse. It's the kind where "we're a family". Those are worse than anything a big company bureaucracy / bean-counting could ever be.

Small companies really magnify the extreems. Good ones are really great but bad ones are extra bad. Sadly, they are also nimble enough to switch between them, at least in one direction.

Not only the extremes, also the speed: good employers can turn into bad employers (has the opposite ever happened? I'd love to learn of an example!), but big companies at least have some inertia while it happens. There's probably even some "Sun" still left, all those years after the Oracle takeover. Compare this to what happened at Komoot.

Re: On loyalty to your employer (2018)

#349

Given the general sentiment in the comments here, why aren't co-ops more popular? Or any model with a shared ownership. If you eliminate the employer/employee, hierarchical relationship then the 'transactional' model goes away and you can have loyalty that matters for all parties. But there are almost no such places. I've always thought it was more a regulatory issue, but would be curious what others think.

coops have great difficulty raising money, and this is a VC forum.

Re: On loyalty to your employer (2018)

#350

Earlier quoted context omitted.

The term loyalty is dangerous for an employee. Having seen companies of all sizes lay people off for the exact same reason - Returns did not match expectations - my personal perspective is to treat all employers the same. No company with a balance sheet is loyal to employees. Keeping that idea in mind, and thus on an equal perspective, is healthy for both sides. "It's just business" is good advice and not just in mov…

I applied to a job in the 'Who's Hiring' thread this month. Had an interview. I'm a professional good at my craft, with tenure at hard positions. I get hit with "we don't just want someone who checks in does work and leaves, 9 to 5". Like, are you wanting 60h/week and pay 40h/week? Or is this you're not wanting a slacker? Or better yet, since you want skin in the game on my side, what's my equity as a partner? My und…

That sounds disgusting. Thank you for sharing that. Why don't they just advertise "Over-time expected and over-time compensation provided"?
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