Meh, when capitalism used to plan decades ahead they did.
People wanted their company to do well, because that means the job stayed too. And those jobs had pensions that they wanted to keep paying when they retired.
Now workers know that at literally any point the company could be shuttered because of the short term profits from selling it off piecemeal. And the percent that gets pensions is probably too depressing for me to even Google.
Workers don’t trust companies, but that’s because of how companies have spent decades treating workers.
Loyalty is a two way street, but companies are mad workers are giving it up now too decades after companies already gave up.
I guess I’m too young to remember the “good ol’ days” of companies.
At one of my previous jobs, a guy in his 60’s had been there for 30+ years. He joined in the days where contracts included generous redundancy and superannuation and said that if he ever got made redundant he’d be set for life.
Unfortunately for him he was actually great to work with and good at his job, so he will probably be there until he retires of his own accord.
When I joined the workforce there was and still is none of that. There’s really no room for other benefits beyond negotiating a higher salary / wage. So we just go for the intangibles that lead to a better work/life balance instead, like flexible hours and remote work. We owe the company nothing beyond the time agreed in the contract
I know right, I was thinking “this has to be satire”
Nobody has ever cared about the shareholders except top level management, but even then it’s more about a business transaction and not actual caring
Meh, when capitalism used to plan decades ahead they did.
People wanted their company to do well, because that means the job stayed too. And those jobs had pensions that they wanted to keep paying when they retired.
Now workers know that at literally any point the company could be shuttered because of the short term profits from selling it off piecemeal. And the percent that gets pensions is probably too depressing for me to even Google.
Workers don’t trust companies, but that’s because of how companies have spent decades treating workers.
Loyalty is a two way street, but companies are mad workers are giving it up now too decades after companies already gave up.
I guess I’m too young to remember the “good ol’ days” of companies.
At one of my previous jobs, a guy in his 60’s had been there for 30+ years. He joined in the days where contracts included generous redundancy and superannuation and said that if he ever got made redundant he’d be set for life.
Unfortunately for him he was actually great to work with and good at his job, so he will probably be there until he retires of his own accord.
When I joined the workforce there was and still is none of that. There’s really no room for other benefits beyond negotiating a higher salary / wage. So we just go for the intangibles that lead to a better work/life balance instead, like flexible hours and remote work. We owe the company nothing beyond the time agreed in the contract