Related Posts
Enthusiast
HYSA anyone recommends?
Pro
Any US companies hiring remote @ Canada ?
Do you find your job intellectually challenging?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Loyalty is an antiquated concept. Corporate does not reward loyalty. It is all about what is the best for you. It rewards corporate with that.
Thanks for sharing
Loyalty creates trust and relationship. You could leave in the middle of the day and no one really cares, as long as you do quality work.
On the other hand, you also become invisible and your salary tends to slack behind new hires.
What do you mean by “rewarded”?
Financially? You’re behind the curve. Should have realized loyalty doesn’t pay long ago.
Flexibility and trust? Loyalty goes a long way and I see it all the time
Well, obviously. “Rewards” come in many different styles and monetary is only one of them. Granted the most important and nothing moves forward without a good salary, but you can for sure be rewarded in other ways
My loyalty is rewarded in flexibility, which honestly, is the most important thing to me right now.
Glad to hear
Didn't that concept go out the window decades ago lmao
People having mixed opinions
Loyalty seems to be somewhat a thing of the past, until you make it to the executive level. With my firm, below the level of partner could often jump to a competitor for an increase. After partner, that becomes comparatively rarer, unless you're a huge rain maker. I have had offers to change firms, but they were not enticing enough to give up my relationships and reputation for. There still is some degree of loyalty between partners, but less than there used to be.
Thanks for sharing, very insightful
Generally you’ll get paid less than those hopping every 2ish years. However you may develop other non monetary benefits. Flexibility and relationships/ connections at that company. Also known expectations.
It depends. I stayed at my old firm with the promise of partner track for 6 years. Salary barely went up despite constant praise and scope creep. I was doing the jobs of 3 people, not getting much in terms of salary raises, no bonuses all while the partners praised me and my loyalty. I brought this up with leadership and was told point blank, that I am operating at the next level, am doing more with less but bad year for the firm so too bad. I left, gave myself a 60k per year raise, title bump to senior manager, plus a 10k signing bonus. In short, loyalty is not a thing.
This…. Sums it up perfectly
I’ve stayed after years of promises and still waiting for those promises
When they don’t keep their word, that’s your sign to leave. What are you waiting for?