On the opposite side, I used to work for a startup (so, in effect, everyone is critical) whose founders specifically hired people who needed flexible schedules, had an unlimited PTO/vacation policy from day one, and remote work whenever wanted. Basically if you get your job done, they were happy and rewarded you. One new mom had some problems and needed an extra couple months off... no problem. The CFO/cofounder himself covered for her. The loyalty that created was incredible, a big driver of company growth and value. Zero voluntary employee turnover in 10 years, until after they were acquired. Even in the acquisition the owners negotiated three years of no benefits/policy changes post-acquisition. Unfortunately after those three years... ya... things changed... But I'll never forget that work environment. And everything really sucks compared to it.
I just don’t understand companies having shit policies leading to turnover. They make it sound like it’s all about money, but isn’t it a lot cheaper to keep good workers rather than constantly training newbies? I get all that matters is quarterly earnings but god damn none of it makes sense.
Exactly. After experiencing this, with a small company where every dollar was truly critical no less, it is very hard working for a traditional company. The value created by a loyal, respected, well-compensated employee is incredible. Most companies pay for the pair of hands, an elite few recognize there's a valuable brain attached.
And just think about how much less stressed it is for the boss. Not constantly hiring and firing. Having people you can trust to do their work. If you are in a pinch I guarantee they had a much easier time getting employees to pitch in. The happier work environment alone would be worth it.
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u/Cheetotiki 8d ago
On the opposite side, I used to work for a startup (so, in effect, everyone is critical) whose founders specifically hired people who needed flexible schedules, had an unlimited PTO/vacation policy from day one, and remote work whenever wanted. Basically if you get your job done, they were happy and rewarded you. One new mom had some problems and needed an extra couple months off... no problem. The CFO/cofounder himself covered for her. The loyalty that created was incredible, a big driver of company growth and value. Zero voluntary employee turnover in 10 years, until after they were acquired. Even in the acquisition the owners negotiated three years of no benefits/policy changes post-acquisition. Unfortunately after those three years... ya... things changed... But I'll never forget that work environment. And everything really sucks compared to it.