Episode 93: Loyalty Shmoyalty
Sandy and Tara talk about what employee “loyalty” means – today and in the past – and how it seems to be performing a disappearing act. So what’s next? How do employers (re?) engage that loyalty? Or, is that even a reality anymore? And if not…how do employers make themselves attractive to a workforce that no longer values an engraved gold watch?
Key Takeaways:
In the 20th century, employee loyalty seemed to be real! Was that because of a desire for/expectation of a clear career ladder and retirement security? Or maybe because there were fewer employment options back then?
There has been a significant shift in the balance of power and employees are making it clear they want more influence over their lives and how work fits in.
As an employer, it’s time to let go of the assumption of loyalty from your employees…and to become comfortable with the concept that you can’t be everything to all your employees. Stop trying to tick ALL the boxes!
We reference the book, “Workquake,” by Steve Cadigan. It’s a timely read as it examines current workplace trends and our prevailing narratives about the employee-employer relationship.