It seems hard to believe now, but people really did used to dedicate an entire career to a single company, because places treated their workers with care. They took pride in how well they treated their workforce — companies used to brag about how well they treated workers compared to others in their industires.
But now, the tides have turned bigly. Companies don’t brag about how great they treat staffers, no way. Instead, they love to harp on about how well their shareholders are doing, how their stock prices are rising, how their numbers have gone up year on year. Instead of keeping a worker for 50 years, then sending them off into their twilight years with money to support themselves, they’re instead hiring and firing every few years to keep costs down. If you hire someone at $40k and never give them a raise, and fire them when they insist upon a promotion or more money, the company saves money. Sure, maybe it costs a bunch of money to find another worker. It costs money while HR workers find and interview dozens of people. And then after hiring that person, they’lll waste a lot of time getting onboarded. But no matter! So long as the company didn’t have to pay any worker as big a salary as they deserve, that workplace will be very happy indeed.
When these companies view their workforce as utterly replaceable, they lose valuable knowledge and expertise that is built up over a long career. Wise old workers won’t be making the same mistakes that a rookie would! These workplaces are only catering to their shareholders, and it comes at the expense of every other worker — literally, since that money is lining the pockets of the wealthiest people there. With all that in mind, it’s understandable why a company would hem and haw about paying a worker for not working there anymore (which is exactly what a pension is).
Author: Kayitsi.com
