it does not work this way any more - #gold reasoning of the baby boomer generation, worked out for them but they dismantled the concept of loyalty in the 1990s when mass layoffs started. i think #GE was the first one to sc--w tens of thousands of workers, massive layoffs etc. also, everyone had pensions through 1990s and they changed that with #401k plans which made sure the investment banks and wealth management firms (e.g., fidelity) get incredibly wealthy but the worker goes to retire with $90K in the 401K. meanwhile, fideility would pocket a ton of $$$ on that same individual through #highfees, etc.
Does being loyal to the company pay off?
My parents have drilled this into my DNA - be loyal to your company, do the best work possible and things will work out well for you and your career.
What do you think?
Do you try to instill the same values into your own children?