> "No company will pay you as much to STAY as another will pay you to GO"
As an entrepreneur interested in employee retention I gave this a lot of thought. Why should this be? After all, one would think you should be more valuable where you already are: you're all trained, there is no need for a reference check, your co-workers are used to working with you, etc., etc. I decided it was a management failure -- and even more a co-worker failure -- to see an employee as s/he could be rather than as s/he was when s/he was hired. The interviewer sees you as you are today and where you could be in a couple of years; your boss, and especially your co-workers, remember that newbie doofus they hired five years ago. I resolved to do better, to try to see people as they could be. I would like to think I had some success. For a small company, as I had, if you do things correctly you have the opposite problem. A small company can sustain growth of 30% or so a year fairly readily, and even higher when you are tiny. Most employees do not grow that fast: they aren't 30% better every year. So you don't have a problem with employees outgrowing their jobs; you have a problem of job requirements outpacing employees. You start out billing $500K/year and hire a clerk to handle the invoicing. With 30% compounded growth, five years later you are a two million dollar company. That clerk has probably not grown in five years into an accountant suitable for a two million dollar company. Yes, you can train people, but not very fast. 9 out of 10 employees do not like to be pushed out of their comfort zones. Charles -----Original Message----- From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On Behalf Of John Mattson Sent: Friday, February 10, 2017 9:30 AM To: IBM-MAIN@LISTSERV.UA.EDU Subject: Job Loyalty Loyalty is dead in the workplace. Companies will dump you in a flash unless they have an immediate need, and employees should be ready to take any better offer which comes along. I coined a phrase many years ago "No company will pay you as much to STAY as another will pay you to GO". ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN
