Saturday, July 28, 2012

How Loyal is the Company YOU Work For?

Back in the day, I was raised where deals were made with a simple hand shake. My grandparents never signed a gazillion documents to finalize a deal whether that be a mortgage, or for employment. They shook hands and that was that. As I got older, I watched my mother and my father work their asses off for the same company for anywhere from 25-45 years. That's right 25-45 years....why? They were loyal to their jobs and when you had a good job (and it wasn't even a matter of is it was a 'good' job per say, but a job, you did not quit) you gave that company your loyalty because they hired you and gave you a paycheck and good benefits.

What happened to my parents? New ownerships took place in their companies, young blood came in, more less the owners kids and grand kids who didn't know the first thing about running a company rolled into town with high expectations and demands. All they saw were dollar signs and visions of how to pad their Armani pockets. They didn't know the old fashion morals and ethics my parents were raised to have, but they did everything possible to cut spending and give themselves a much larger unearned bonus.

 What about the average Joe that worked for years and years? Did he deserve to get let go 3 years before he retired from a company that he was so loyal to? As sad as it is , Corporate America no longer cares about the little guy. My parents saved for a lift time to retire at 62 and travel the world. What did they get?...a kick in the ass and a severance check to boot. They lost part of their 401K, pensions and they were tossed aside for a new younger version of them for whom the company could pay a lot less money and give practically no benefits to because it was cutting costs with that particular company. Have you ever wondered what is company loyalty? Do you wonder why this country has gone to hell in a handbag over the last 20+ years. Look around you people...the writing is on the walls. My question to you is quite simple,...does your your employer give you his/ear/their  all? Do you get 100% loyalty and then some...is your employer in return loyal to you as well ? If you say yes, please tell me what la-la land you live in?Very few companies that I know of really care about the little guy. It's all about getting richer in the corporate world and moving up the executive ladder.

Companies used to make promise after promise to their employees...now many companies cannot or will not hold up their end of the bargain, so why should the employees hold up theirs? To all of these companies that terminated terrific employees like my parents or force those into early retirement like my parents I say this; you get what you deserve and you just shot yourself in the foot! Oh do I believe in karma. Before any of you damn this generation of workers, consider this possibility... Maybe, just maybe, do you think that the employers killed company loyalty? That’s right, employers killed loyalty. The hard working American gave their all and what did they get? A pink slip!  How could this happen? Things just are NOT the way they were and we are in economical hardship because a bunch of yuppies jumped in to take over grand-daddies business with their own expectations and never considered YOURS!

For some baby boomers, this shift has been hard to accept. Many started their careers assuming that they would be rewarded based on long tenure. Now they are seeing that structure crumbling around them — witness recent layoffs. Don’t their experience, wisdom and institutional memory count for anything? Nothing speaks more clearly about your values and principles than your choice of associates and of those promoted to positions of prominence and authority.
 
Loyalty is dead and study after study seems to confirm this. Today’s employees will have an average of nine different jobs in their career—nine different jobs! That’s a real change from that older generation of workers who joined the company and stayed long enough to get their pension and their gold watch. Those were the “good ole days.” What happened? Who killed company loyalty? I don't care if you are 90 years old and still the CEO of a company or 25. Run it with respect, and in return you'll get respect back.

Loyalty can be earned only when leaders put the welfare of their customers and partners ahead of their own self-serving interests. If it is really about self-sacrifice - that is, about putting principles and relationships ahead of immediate personal financial gain - what relevance can it possibly hold for business, which is in large part driven by self-interest? There is indeed a high road in business, and it is the only road to lasting success.We need to seriously make some changes. You need to protect yourself. My grandmother used to always say "If it ain't broke, don't fix it." Were handshakes really all that bad? Integrity and loyalty meant something then and when someone made you a promise, by God, they kept it. She told me to never put all of your eggs in one basket because no job is ever secure, and to always accept any training that a company will give you for it is something that you can use as a tool to enhance your resume. It's your call here...so I'll leave you with this...is your employer 100% loyal to you? Do they pay you what you are truly worth, do they truly respect you or are you their doormat? If you feel that you are not getting paid what you're net value genuinely is, it's time to get that resume off your hard drive and update it.



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