WASHINGTON – Weakened by layoffs and reduced benefits, surveys show that workplace loyalty is in sharp decline.
The Fiscal Times reports that firms share the blame. Employees are getting the message employers than the boss’s commitment to the worker is tenuous.
Many U.S. firms have been restructuring for 30 years and during this time healthy companies order layoffs and cut benefits to please shareholders.
The most recent U.S. recession produced even greater layoffs, resulting in employees and employers sharing a decreased sense of allegiance to each other.
MetLife’s 10th annual survey of employee benefits, trends and attitudes shows employee loyalty has reached a seven-year low.
And, according to CareerBuilder, 76 percent of full-time workers would leave their jobs if the right opportunity came along.
Though loyalty on both sides seems low, employees shouldn’t be timid in the workplace.
WTOP has tips on how to negotiate with employers when they want, and deserve, a raise.
WTOP’s Dick Uliano and Lacey Mason contributed to this report. Follow WTOP on Twitter.
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