Is workplace loyalty an outmoded concept?
THE PROBLEMMichel Balthazard had worked for carmaker Renault for 31 years and was then fired after the company linked him to corporate espionage. Last week, Renault said it may have been hoaxed. Should three decades of service have bought Mr Balthazard the benefit of the doubt? Or is employee loyalty outmoded in the modern workplace?
Loyalty is dead – killed off through shortening contracts, outsourcing, automation and multiple careers. Faced with what could be 50 years of work, who honestly wants to spend that much time with one company? Serial monogamy is the order of the day.
Trust is now core to the relationship between the employer and employee – without it, relationships become simply transactions. The challenge for Renault is not so much the impact on Mr Balthazard but the impact on employees who may believe he has been treated in an unjust way. And, as their trust wanes, expect other precious organisational assets like collaboration and engagement to wane with it.
(Source: underpaidgenius)
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jackyan reblogged this from stoweboyd and added:
Not only that, but those of us who drive Renaults wonder if we should continue buying the company’s products in light of...
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stoweboyd reblogged this from underpaidgenius
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