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Ironically, the erosion of company -> employee loyalty has destroyed employee -> company loyalty, which has made it hard for companies to retain talent they've
by gorjusborg 3y ago
Ironically, the erosion of company -> employee loyalty has destroyed employee -> company loyalty, which has made it hard for companies to retain talent they've helped foster. While it might seem attractive for a company to invest little-to-nothing in keeping talent, they're making small short-term gains for a long-term loss. The trouble is that it isn't viewed as a loss, it's viewed as business-as-usual: 'it's so hard to find skilled people'.
The rise of publicly-traded companies doesn't help this, as it tends to encourage short-term tactics over long-term strategy.