this post was submitted on 13 Feb 2024
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Work Reform

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Employers demonstrated their infidelity to their staff by paying loyal workers, on average, 7% less than new hires โ€” 20 years ago, salaries were largely the same between new and longtime employees.

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[โ€“] IHeartBadCode@kbin.social 2 points 9 months ago

Yeah that's with any position. Things change. More argument about loyalty being a transitory thing. My second job was like that. Was really good and then the company we third partied for was sued by a US State for fraud. When the contract wasn't renewed I thought we'd move on, but I was surprised by how many of our eggs had been placed in a single basket. The vast majority of the company I worked for relied on those contracts to supply jobs, so when that went away the company went from thirty software developers to one. 90% of the company I worked for's value evaporated within two months.

It was this that I also became aware of what the WARN Act was.