I've been here longer than most of you and sometimes I catch myself thinking about the glory days of GE. When the company saw its employees as its main asset and treated all of us as such. When teamwork was encouraged instead of the 'every man for himself' attitude of today. When I was proud to say where I work. I truly miss those days.
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I remember when Jack gave us GE stock. I also recall the main reason why it was done is because it was a tax write-off that he took advantage of. The law changed and then it stopped. Either way, by receiving it, it made you feel like you were a part of GE. It gave you an additional feeling of being connected. You wanted to increase the value of what you just received. Could have been worse, could have gone the way of Enron.
Remember Jack giving everyone who met the criteria a "share of sucess" bonus. Immelt scrapped it
Yes, that’s all anyone talks about “those were the days” and they themselves can’t even imagine what today’s like.
The only teamwork I see today is the encouragement of other employees to do just enough to get by. But you can't blame us. Managers get credit if a job is well done, opportunity for upward mobility, better pay, and our beloved CEO Culpable wins the lottery every year with millions in compensation.