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Lessons learnedExperience excerpt · English

I worked for a company that was (at the time I joined them) quite well-known for employee retention

… I worked for a company that was (at the time I joined them) quite well-known for employee retention. I think the average length of stay was about 25 years, when I joined. They didn’t pay especially well, so their corporate work environment was responsible for that retention. As the years went on, I watched the HR Department become much colder, and more impersonal. They became absolutely obsessive about constantly reminding employees, at every possible opportunity, that we were simply replaceable cogs in the machine, and that the company could get rid of us, at a whim. They never really improved their compensation, and gradually removed many incentives, so it became all stick, and no carrot. Performance evaluations became insulting and predictable exercises in humiliation. I was often told to reduce the encouragement in my evaluations (I was a manager, for many years). I used to take pride in specific and eloquent praise in my evaluations. My employees really appreciated that. HR definitely wanted to make sure that employees felt insecure in their employment. …

Original discussionA layoff fundamentally changed how I perceive work961 source comments · at import
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NE

> the company’s much-vaunted employee retention statistic In a job market with more candidates than jobs, why would you need to an employee retention statistic? The reality is that in the current job market, regardless of your employment status or your work, your value has greatly diminished.

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PJ

Rather like "if you've never missed a plane you've spent too much time in airports", companies believe that there's such a thing as employee retention that's too high; it means you could be squeezing their pay more in order to force them to quit. Doesn't account for all the tacit knowledge and morale effects of course. Some people just like running the Hunger Games. & a good corporate reputation is just another asset like a rainforest: something you can burn to top up profits this quarter.

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BL

A company having a Human Resources department sounds like a red flag. (And who is surprised by this : such an Orwellian term !?)

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MM

HR departments are constantly looking at "market rates" for jobs which is a fancy way of saying they share salary data or get it from ADP and have much more information about what people are willing to accept. At hiring time, they are willing to pay market rate (or some percentage of market rate) to get people in the door. Once you are employed, they don't care anymore and will let excellent people slowly fall behind market compensation with 1% to 2% raises. When those employees get frustrated and leave for 20% bump in comp, the companies seem fine replacing them with a new hire at market rate. So now, they have a new employee making market rate, they have to train the new employee for months before they are productive and they've taken on the risk of an unknown vs. just giving the existing employee a raise to market rate. It doesn't make sense unless you want to telegraph the message th…

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