Very nice article.
Excerpt:
“Years ago if you put in long hours and worked hard for a company, you were rewarded with gradual promotions, longer vacations, medical insurance, and a healthy retirement plan. Most people expected to work 20 years or more at one company. Today to get ahead and save for a reasonable retirement, workers often must hop from company to company to get a promotion. Hard work and dedication to a job well done are no longer seen as ways to protect a job. Everyone is expendable, thanks to many employers’ short-term, economic goals. And there’s no incentive to work long hours. It won’t likely pay off for the worker in the long run.”
Really, really great article. Everyone should read it.
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I wonder if the idyllic situation of the past ever applied to Portugal.
I know, at least, that it was common in my parents’ time for a person to work most of his/her life for the same company, and (slowly but mostly surely) be promoted and so on.
These days, it seems that the only way to earn more than I do, at any particular moment, is by changing jobs. Staying means stagnation; working hard means nothing. It’s not just where I work, but in all the places where I worked in the past.
From that you sure are more experienced than I am… I’ve worked on the same company ever since I graduated… nevertheless… my parents experience tells me that things weren’t what you’re claiming concerning the facilities and work-reward relationship…