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Thursday, May 19, 2011

How Far Would You Go for Your Company? - Finance and Accounting Jobs News and Advice

Main article Source: How Far Would You Go for Your Company? - Finance and Accounting Jobs News and Advice

Almost a quarter of 553 people surveyed in FINS' Sign or Decline question forum said they would consent to getting a tattoo of the company logo for their dream job.

While it comes as no surprise that some job hunters are willing to go the extra mile, employee loyalty has been declining over the years.

In MetLife's 9th annual Employee Benefits Trends survey, released last August, researchers found that 47% of employees felt very strong loyalty to their employer in 2009, compared to 59% in 2008.

"Over the last three years, employers have been doing more layoffs and furloughs, and employees still at the company are left picking up the workload," said Kathy Jacoby, assistant vice president of marketing at MetLife U.S. Business. Businesses cutting back have lowered bonuses, 401k matches, reduced raises and laid off staff. That's left many workers feeling overworked and underappreciated.

Employers are in denial about the decline in morale. The MetLife survey found that 51% of employers believe their staff is happy and satisfied, a number virtually unchanged since 2008. Employers "see relatively no change in employee loyalty," said Jacoby. "They think their employees are just happy to have a job."

Why is loyalty so important? It comes down to retention, said Jacoby. MetLife's survey found that one in three hoped to work for another company within the next 12 months.

"People are looking for employment elsewhere, which presents a competitive disadvantage for employers," said Jacoby. "Employees across all generations really do value workplace

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