Tuesday, July 24, 2012

Loyalty? She left for greener pastures...‏

Remember the idea of a person getting a job, and working at that same business through their retirement? Through the thick and thin? Commitment by the employee and the employer to a mutual partnership for 25-30 years for the betterment of both? So what the funk happened?
- Within the past working generation, employees would often seem to be on the lookout for something bigger, better, and more lucrative, (meaning usually outside of their current company) to the detriment of the company that invested the time and resources training and providing said employee’s compensation and benefits. Although I will note in the past 2-3 years, with it being seemingly more difficult to get a new job, employees seem to be dug in if his/her pay is even close to acceptable.
- Companies, in cost cutting moves, will lay-off or dump their longer term workers to save themselves from the higher pay scale and benefits package. Why not bring in the younger, lower priced talent right? This may also relieve a company of a higher pension/retirement payout than by waiting a few more years.
- Off-shoring (you knew this was coming, right?)– why, in general, would a company pay a lazy, rude American 12.50 an hour plus benefits, who is going to show up only 4 out 5 days a week, average, and give his supervisor, as well as the clients an attitude problem, when you could get a nice person from India who will work 7 days a week for the equivalent of 3.50 an hour and not get one ounce of the static? Makes long term financial sense for a “bottom line”, right?

 My take: So what it will ultimately take to end this mutual “animosity” (for lack of a better term)? A company wants a committed employee and the employee wants a secure position that isn't going to be pulled out from under him/her at the worst possible moment. Outside of maintaining signed guaranteed contracts to protect both parties, I am not sure there is a simple answer.

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