Hello all,
We have all been hearing about employee loyalty to their organization. Some say the longer the tenure of an employee in an organization, the more loyal they are. Others argue that regardless of the duration of their stay, as long as an employee performs well, gives their best for the organization, and values the company culture, they are loyal.
Please share all your views on employee loyalty.
Kindest regards,
Good day
From India, Coimbatore
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We have all been hearing about employee loyalty to their organization. Some say the longer the tenure of an employee in an organization, the more loyal they are. Others argue that regardless of the duration of their stay, as long as an employee performs well, gives their best for the organization, and values the company culture, they are loyal.
Please share all your views on employee loyalty.
Kindest regards,
Good day
From India, Coimbatore
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Hi Meera,
Employee loyalty (as a concept) expired roughly 10-12 years ago. It arose because employers decided to offer something called "job for life" or "job security" in return for the employee working faithfully (can be read as continuously). Because jobs were difficult to come by (due to various reasons like education, connections, etc.), the employee would do whatever was asked to hold on to the job. Of course, no one spoke about this aspect of the job. So we had an entire social structure where seniority (length of service) was respected.
And it was understood that one could be promoted for spending X number of years in the organization because employers followed this policy. You could say that it was a supplier's market, so entry/exit in the organization was controlled by the employer. With the opening of the economy over the last 12 years, the job market has opened up. Today, knowledge is prized, along with the ability to learn quickly - leading to large-scale hiring of youth/fresh graduates. Poaching (read as headhunting) started in a huge way (and shows no signs of reducing) when certain skills/work experience became prized.
Employees realized that they need not wait 25 years for a GM position. And employers wanting to maintain a competitive edge in the market realized that there was a war for talent. Hence the line "get the right person for the right job" was born. So there was now a huge number of jobs in the market, and comparatively fewer "right" people to choose from. When the talent war came in, employee loyalty went out of the window.
Today, you will hear of some employers who claim to provide Skills for Life instead of Jobs for Life. They have realized that they can no longer hope to keep people in their organizations for their entire lifespan.
Hope this was helpful.
Ryan
From India, Mumbai
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90Employee loyalty (as a concept) expired roughly 10-12 years ago. It arose because employers decided to offer something called "job for life" or "job security" in return for the employee working faithfully (can be read as continuously). Because jobs were difficult to come by (due to various reasons like education, connections, etc.), the employee would do whatever was asked to hold on to the job. Of course, no one spoke about this aspect of the job. So we had an entire social structure where seniority (length of service) was respected.
And it was understood that one could be promoted for spending X number of years in the organization because employers followed this policy. You could say that it was a supplier's market, so entry/exit in the organization was controlled by the employer. With the opening of the economy over the last 12 years, the job market has opened up. Today, knowledge is prized, along with the ability to learn quickly - leading to large-scale hiring of youth/fresh graduates. Poaching (read as headhunting) started in a huge way (and shows no signs of reducing) when certain skills/work experience became prized.
Employees realized that they need not wait 25 years for a GM position. And employers wanting to maintain a competitive edge in the market realized that there was a war for talent. Hence the line "get the right person for the right job" was born. So there was now a huge number of jobs in the market, and comparatively fewer "right" people to choose from. When the talent war came in, employee loyalty went out of the window.
Today, you will hear of some employers who claim to provide Skills for Life instead of Jobs for Life. They have realized that they can no longer hope to keep people in their organizations for their entire lifespan.
Hope this was helpful.
Ryan
From India, Mumbai
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Hi,
Employee loyalty is what an employee shows towards the organization in times of success and failure. Till today, there are organizations that provide people with job security and a job for their lifespan. However, the understanding of this concept has completely evolved over the years.
I work in an organization where people have been working since before my birth and are still thriving here. Most of them are expected to retire from this organization in the coming years.
Veerendra
From India, Bangalore
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Employee loyalty is what an employee shows towards the organization in times of success and failure. Till today, there are organizations that provide people with job security and a job for their lifespan. However, the understanding of this concept has completely evolved over the years.
I work in an organization where people have been working since before my birth and are still thriving here. Most of them are expected to retire from this organization in the coming years.
Veerendra
From India, Bangalore
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Hi Your post made me wonder about the role which "loyalty" plays towards retention of employees. Can we have a sharing of views on this point? Regards Ryan
From India, Mumbai
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From India, Mumbai
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Hello all,
Good to see all your feedback. In today's time, I think it's the company that needs security and not the employee who needs job security. Nowadays, there are enough options for a person to switch from one job to another, especially with headhunting being done by most HRs. This is, of course, ethical to the HR community but not to others :)
More comments invited.
Kindest regards,
From India, Coimbatore
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Good to see all your feedback. In today's time, I think it's the company that needs security and not the employee who needs job security. Nowadays, there are enough options for a person to switch from one job to another, especially with headhunting being done by most HRs. This is, of course, ethical to the HR community but not to others :)
More comments invited.
Kindest regards,
From India, Coimbatore
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