hello all
we have all been hearing about employee loyalty to their organisation...
some say more the tenure of employee in an organisation more loyal he is, and some say how ever long or short the time he stays as long as he does well and performs his best for the organisation, values the culture he is loyal
please share all your views on employee loyalty...
kindest regards
good day
From India, Coimbatore
we have all been hearing about employee loyalty to their organisation...
some say more the tenure of employee in an organisation more loyal he is, and some say how ever long or short the time he stays as long as he does well and performs his best for the organisation, values the culture he is loyal
please share all your views on employee loyalty...
kindest regards
good day
From India, Coimbatore
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 yrs, 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 head hunting) 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
89Employee 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 yrs, 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 head hunting) 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
hello thanks for the valuable comments. recently i read an article in hindu paper about the same anyways, please update on interesting topics... kindest regards
From India, Coimbatore
From India, Coimbatore
Hi,
Employee Loyalty is a what a Employee shows towards the Orgn in times of Success & Failure. Till today there are organ's which provide people the Job Security and Job for their lifespan... Understand the word has completely outfigured years back.
I work in a Orgn where people have joined before my Birth and are still doing good here! and moxt would retire from this organisation in the coming years.
Veerendra
From India, Bangalore
Employee Loyalty is a what a Employee shows towards the Orgn in times of Success & Failure. Till today there are organ's which provide people the Job Security and Job for their lifespan... Understand the word has completely outfigured years back.
I work in a Orgn where people have joined before my Birth and are still doing good here! and moxt would retire from this organisation in the coming years.
Veerendra
From India, Bangalore
hello all
good to see all your feedback
in todays time i think its the company that needs security and not the employee who needs job security... nowadays there are enough options for a person to switch over from one job to the other especially with head hunting that is being done by most HRs...that is of course ethical to the HR community but not to others :)
more comments invited...
kindest regards
From India, Coimbatore
good to see all your feedback
in todays time i think its the company that needs security and not the employee who needs job security... nowadays there are enough options for a person to switch over from one job to the other especially with head hunting that is being done by most HRs...that is of course ethical to the HR community but not to others :)
more comments invited...
kindest regards
From India, Coimbatore
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