Are companies loyal to employees?

Companies today often do not demonstrate loyalty to their employees. Brad Barrett and his guests on the ChooseFI discuss how the traditional view of company loyalty, where one could expect lifelong employment and company care, no longer applies in the modern workplace. They emphasize the reality where companies typically look out for their own interests first. Brad and his guest Alan Corey talk about how individuals usually need to prioritize their own career aspirations and security, working under the premise that the company will not necessarily look out for them 1.

In a more pragmatic light, they address tactics within the corporate setting — like always being prepared with job alternatives to leverage better conditions or pay at one’s current job. This perspective highlights that, more often than not, moves within a career are fuelled by personal initiative rather than company loyalty 2.

In essence, the notion of corporate loyalty has shifted significantly, and individuals are advised to navigate their career paths with a realistic and sometimes self-advocative approach.