Loyalty Vs Performance ?
A recent event prompted me to ask this question. What is the nature of the relationship between the firm and the employee - is it of Performance or is it of Loyalty? Well, I asked this question to my peer groups within the industry. The answers I got were equally polarised with a bias towards loyalty [well the sample size consisted of senior folks doing fairly well]. I wonder what it would be if I extended this question to the entire spectrum of employees. Will the answer be different at two different time periods, junior vs senior, retained vs fired or at-risk, geography to geography, expanding or contracting economy, etc., etc.? Thinking through this prompted another question, Is Loyalty a fallacy? Or the earlier clamor when professionals saw large-scale retrenchment in the US, that ’Loyalty is dead’? Let me put forth some scenarios … 1. You have been in the firm for years. Toiled hard. Sweat. Have done fairly well. You hav...