Comment by hintymad

Comment by hintymad 12 hours ago

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I think a strong loyalty towards a company will work only in a society like Japan: companies are culturally committed to taking care of them employees until their death. In the meantime, the income gap between ordinary employees and the executives is small. Per this article (https://japanoptimist.substack.com/p/japan-reality-check-4-i...): "The biggest difference between the Salaryman CEO and the Superstar CEO is, of course, the absolute gap in CEO compensation relative to average employee pay: in Japan this is now just about 50-times (for top 50 CEOs; the average is about 12-times)". And there is a seniority system. In contrast, the US companies have none of those.

I'd rather subscribe to Reed Hoffman's notion on company-employee relationship: alliance. That is, a company and its employees are allies. It is a two-way relationship that enables companies and employees to work together toward common goals, even when some of their interests differ. If either a company or an employee feels that the alliance does not exist any more, they part ways. Note that this notion is orthogonal to the power dynamics between a company and its employees. The power dynamics has to do with supply-and-demand of the market and the negotiation power of the employees.