Is Employer Loyalty A Trait of the Past?
Last week I asked if employee loyalty was a trait of the
past and I received well over 160 responses.
So this week I decided to share with you a “few” excerpts from those
response.
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“….Is corporate loyalty a thing of the past? Works both
ways. If companies want loyalty, they need to 'care' about their human
resources, not just the bottom line. It seems to me that companies don't care
that they are losing their most precious resource. I guess everyone is
replaceable. In today's environment companies are willing to get inferior help
in the interest of not paying a fair wage for experience.”
“….loyalty is a two way street. I think loyalty can be
gained, particularly in a small business, by simple gestures.”
“….companies are not invested in their workers
and so the workers will search for the best job, with the best benefits and
highest pay, it is what we have come to expect in America today.”
“….Employee loyalty is directly related to and
proportional to Company loyalty to their employees.”
“….It goes hand in hand with employer loyalty. In the
past, a good employee kept a job for years or life. Employees were assets. Now,
CEOs drawing bloated paychecks with obscene benefits packages, view employees
as a liability. When employees are "laid off" (fired, let's face it).
Stock prices rise and CEOs get huge bonuses. No one today can count on their
job this week, month, year or decade. To be hired, you must be under 40, have
many degrees (even without real world experience), pass a background check,
pass a credit check, and give up all your computer passwords so your every word
and thought may be investigated. Employee loyalty?”
“….Sadly,
most companies don't do much to earn their employees loyalty. No appreciation
is shown and reviews seem to focus on the negative and not the positive.
Companies that will remain nameless dump people for the bottom line, while the
top executives announce a bonus year and their personal bonuses are in the
millions.”
“….If
employers recognize high performing employees with perks, awarded compensation
and expectations then loyalty becomes the link between the two.”
“….The truth is, at least in my personal case, it's not
that I am un-loyal or don't desire to have loyalty to a company...I think I
just hold companies to a higher standard of earning that loyalty more than my
parents might have. Same desire to be loyal, I am just much more cautious to
give it away.”
“….Watching fellow coworkers and friends get laid off to
save a percent of a percent at the end of the year has a negative impact on the
remaining employees. Workloads are often increased by employers as they reduce
staff and the employee has little recourse. So, yes I would say loyalty is at
risk when the power is on the employer's side for now.”
FROM GMAN: Many
responses talked about friends and family working at the same company for years
and then one day, they were unemployed.
These unemployed people then read about the executives getting a huge
raise or bonus. Just this last week the
CEO of Bank of America got a 600% increase, as an example.
Regards,
George F. Mancuso, CPC
President
Client Growth Consultants
Client Growth Consultants
