Don't Expect a Gold Watch

Some of us remember a time (before the 1980’s) when landing a corporate job provided a long-term sense of security. Seniority sometimes even trumped performance when promotions were handed out. Employees who had “paid their dues” worked 9 to 5, perhaps enjoying a 2-martini lunch mid-day. Many people aspired to stay with a company from college graduation to retirement, and looked forward to being presented with gold watch from a company grateful for their loyalty and 30-40 years of service.

No more. In the modern world of employment, it’s “every man for himself”. Corporations put the bottom line before any sincere sense of obligation for the livelihood of their employees. Workers are always looking for a better opportunity, and have made job-hopping de rigueur. Right or wrong – the norms have changed. Corporations respond to pressure from investors and financial analysts, squeezing operations for profit, and outsourcing jobs. Workers have experienced the extremes of booms like the explosive growth of dot.com enterprises in the 90’s – and the bust of economic disaster, followed by corporate transformations and layoffs that started in 2008.

How can you navigate the new norm successfully and ethically?

KEEP GROWING: A good education and continued learning and growth are paramount to your survival in the corporate world. If you stand still, misfortune may be gaining on you.

BE PREPARED: Keep your resume current, and pay attention to opportunities in your area of expertise and interest. Don’t be hesitant to occasionally test the waters by going on a job interview and/or talking to a recruiter.

NETWORK RELENTLESSLY: When you are looking for a new job, it will most likely be found through your personal or professional network. Meet people. Develop relationships. GIVE before you find yourself in a situation where you may need to TAKE help.

EMBRACE CHANGE: Change is inevitable and ever-present. Be flexible and open to opportunity. Jump at chances to show what you can contribute. If it’s time to move on, take comfort in the very real possibility that the grass might actually be greener on the other side.

The era of feeling entitled to spend decades with the same company is gone forever. There is no reward of a gold watch for our loyalty. That’s really not a bad thing, but it sure does keep us all on our toes!

Don't Take Your Employees for Granted

It’s been a stressful and scary time out in the professional world, and senior management has had the upper hand over their staffs for the past few years. Some unethical people in power have taken despicable advantage of employees fearful about job security - demanding more productivity and longer hours without additional compensation. “You are lucky to have this job”, is the thinly veiled message from the dude with the cattle prod at your back.

Many corporations have been managing through bad times. There has been serious pressure from low business levels, plunging profits, the need to cut expenses, and noise from unhappy shareholders. If this reality is properly communicated to employees in the form of actions necessary to keep the organization financially viable (and jobs on the payroll), most workers will rally and paddle in tandem with management to weather the storm. They don’t need to be threatened or abused, and they mustn’t be taken for granted.

Better days are coming, slowly but surely. Imagine what will happen as the tumultuous tides recede and your employees have a chance to contemplate their hard-won survival…

• There will be resentful people that will hold a grudge for how they were treated during bad times. The next perceived loss suffered at the hand of the corporation may be the last straw. (Remember the guy in the movie Office Space who set fire to the place because they took his stapler away from him?)

• Some talented individuals have been tolerating abuse just until the job market opens up, and they have an opportunity to go somewhere they will be appreciated and well compensated. That’s the bitch about taking advantage of the passing fears of your employees.

• Training and development of employees is widely abandoned when funding is scarce. If you lose critical resources you have been relying on, do you have anyone prepared to step up to the plate and complete critical projects in progress?

Take a good look around at your team. Are they listless, exhausted, and shell-shocked? Do they show signs of being disengaged, unmotivated, or even angry? You’d better be talking with them, thanking them sincerely and repeatedly for their efforts, supporting them through this recovery period, and helping plan their career development. If you take them for granted much longer, they may just be ready to move on. Opportunity is burgeoning in 2011.