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Old August 3 2010, 02:38 PM   #46
Adm_Hawthorne's Avatar
Location: Not really sure anymore
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Re: Company Loyalty

FrontLine wrote: View Post
Adm_Hawthorne wrote: View Post
Nerdius Maximus wrote: View Post
This. Anyone who blindly trusts that a big corporation is looking out for his best interests is a fool.
It wasn't always like this, though.
Exactly. Company loyalty was truly dead when IBM had its first layoff ever on Black Wednesday in 1992. Sure other companies had had layoffs, but not IBM. IBM was known as one of the safest companies to work for. IBM was a family and always took care of its own. IBM's corporate culture was to keep unions out by providing better pay and benefits than any union collective bargaining could ever hope to attain.

When IBM had its first layoff the family died that day. The illusion was broken. Company loyalty was truly dead in corporate America.
Yes, exactly

After this, it was a slippery slope. The new generation that was just getting into the working scene saw no reason to be loyal to a company that could lay them off without notice, and the company corporate culture shifted to "screw you guys, we're doing what's best for our shareholders... period".

Once that 'every man for himself' mentality kicked in, company loyalty became as archaic an idea as cassette tapes.
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Old August 4 2010, 01:58 AM   #47
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Re: Company Loyalty

I was wondering, does company loyalty still exist?
In corporations?

...there are a few left who understand that good investments in people pay massive dividends...if you can recognize and then keep the talent.

Too complex for a large organization. Also, too many employees milking loyalty for a free ride.

This is "old school" mindset...typically frowned upon by your modern MBA. You know the ones...they drive a leased Mercedes to an over mortgaged house.

You see, it's just too hard to manage employees! Outsource it!

However...those who can wield this power...who can get the most from their team...well...not even the $25/day rate of outsourcing can compete with them.

They are few.
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business, company, ethics, loyalty

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