Well, that's the prevailing wisdom, however ....

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Well, that's the prevailing wisdom, however .... Posted by Bill Homer [Email]

(#3427) [Profile/Gallery] (more from Bill Homer) on Sun, 8 Apr 2012 07:56:44

In Reply to: Some encourage loyalty, but there can be a downside, Noel, Sat, 7 Apr 2012 15:31:06 Members do not see ads below this line. - Help Keep This Site Online - Signup

(Noel you know who I used to work for, not naming names here.) When I left as part of a "voluntary separation" action that involved over 20,000 employees, many of my cohorts went to work for competitors and brought their accumulated training and expertise with them. The separation packages were aimed at shedding longer-term (expensive?) employees, as the payout for voluntarily leaving also increased with time at the company. Results: many of these competitors have done very well, whereas the original company has become a much smaller shadow of its former self, its stock trading at a fraction of its former price.

posted by 108.71.134...

Posts in this Thread:

25 years ago today., John Myers, Fri, 6 Apr 2012 15:02:58
- I may have some of your tools, Jeff B, Tue, 10 Apr 2012 18:06:20
  - The pliers might have been mine., John Myers, Wed, 11 Apr 2012 13:59:46
    - Mauve sounds familiar, Jeff B, Sat, 14 Apr 2012 09:41:35
      - Yup. Norbert Rosenwinkle n/m, John Myers, Mon, 16 Apr 2012 08:33:37
- john, isn't that a relatively short time for a rear..., baggsly , Sun, 8 Apr 2012 09:34:11
  - Or the rear seal failed prematurely..., MI-Roger , Sun, 8 Apr 2012 11:51:37
    - Just prevetative., John Myers, Sun, 8 Apr 2012 20:55:17
      - Be sure to install it incorrectly, Bill Homer , Mon, 9 Apr 2012 08:03:35
        That's actually more of an indy thing., John Myers, Mon, 9 Apr 2012 18:13:53
- Stohlman, Skip, Fri, 6 Apr 2012 17:03:16
  - I worked for his brother., John Myers, Fri, 6 Apr 2012 17:07:38
- You are very good at what you do......, MI-Roger , Fri, 6 Apr 2012 15:17:29
  - Oh, I do. I have a giant gold plated wrench., John Myers, Fri, 6 Apr 2012 16:17:45
    - Easier jobs for more money???, MI-Roger , Fri, 6 Apr 2012 16:46:39
      - Yeah. It worked for my dad., John Myers, Fri, 6 Apr 2012 16:51:59
        Re: Yeah. It worked for my dad., Gary G, Sat, 7 Apr 2012 10:42:45
        I don't have what Anders has., John Myers, Sun, 8 Apr 2012 21:31:04
        "Very few organizations value loyalty these days", Bill Homer , Sat, 7 Apr 2012 11:36:39
        I am applying at indepedant shops now., John Myers, Sun, 8 Apr 2012 21:18:29
        Re: I am applying at indepedant shops now., Krm, Mon, 9 Apr 2012 18:53:40
        The timing was not my choice., John Myers, Tue, 10 Apr 2012 06:58:58
        Re: The timing was not my choice., Krm, Tue, 10 Apr 2012 09:22:16
        Some encourage loyalty, but there can be a downside, Noel, Sat, 7 Apr 2012 15:31:06
        Well, that's the prevailing wisdom, however ...., Bill Homer , Sun, 8 Apr 2012 07:56:44 <-- Viewing This Message
        That's precisely the idea, Tim, Mon, 9 Apr 2012 01:18:30
        Re: Well, that's the prevailing wisdom, however ...., Bruce, Sun, 8 Apr 2012 21:18:59
        Have seen that happen, too., Noel, Sun, 8 Apr 2012 15:45:57
        It is a common Human Resources practice to ...., K-Saab , Sun, 8 Apr 2012 09:21:55
        Self interest is key., John Myers, Sun, 8 Apr 2012 21:27:07
        Re: Self interest is key., PaulS , Tue, 17 Apr 2012 17:20:40

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