Comments on: Red, Jackson, Gen Y & Loyalty http://calacanis.com/2010/04/27/red-jackson-gen-y-loyalty/ Just another WordPress site Wed, 10 Nov 2010 14:11:11 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: nick http://calacanis.com/2010/04/27/red-jackson-gen-y-loyalty/#comment-6855 nick Fri, 30 Apr 2010 16:36:53 +0000 http://calacanis.com/?p=31397#comment-6855 @mark I disagree on a few points. Other offers are essential in determining the market value, ow it us really hard to guess what is fair. And I disagree that bridges are burned when you reject an offer, unless you do it in a very disrespectful way. On the contrary, a very strong bridge is built because now that company knows that you are good and that they want you, and will most likely check with you periodically to see if the situation has changed. As far as the question of entitlement and loyalty goes, I would not jump to conclusions that the source of it is in the young generations. The world is much faster now and the message that you send by firing people as soon as the recession starts is that they need to leave on their own when the times are good. Because noone is loyal to them when they need it. So I would not take any of this personally, its just the cost of running business. If you want people to stay longer you need to anchor them with more equity, if indeed they are worth. If not, then why are you sorry they left? @mark I disagree on a few points. Other offers are essential in determining the market value, ow it us really hard to guess what is fair. And I disagree that bridges are burned when you reject an offer, unless you do it in a very disrespectful way. On the contrary, a very strong bridge is built because now that company knows that you are good and that they want you, and will most likely check with you periodically to see if the situation has changed.

As far as the question of entitlement and loyalty goes, I would not jump to conclusions that the source of it is in the young generations. The world is much faster now and the message that you send by firing people as soon as the recession starts is that they need to leave on their own when the times are good. Because noone is loyal to them when they need it. So I would not take any of this personally, its just the cost of running business. If you want people to stay longer you need to anchor them with more equity, if indeed they are worth. If not, then why are you sorry they left?

]]> By: Mark Landay http://calacanis.com/2010/04/27/red-jackson-gen-y-loyalty/#comment-6846 Mark Landay Wed, 28 Apr 2010 17:28:45 +0000 http://calacanis.com/?p=31397#comment-6846 Jason, Nice post on Resigning. As an executive recruitment consultant, I would disagree with number 5. I would not solicit another offer first. If your only issue with your current employer is compensation, I would have the compensation discussion first and see if your employer recognizes your contributions and rewards/compensates your fairly before looking elsewhere. Some employers may question your loyalty, if you come to them with another offer or try to "gangster strong arm them( a Jason term )". Some employers would even match that compensation to buy them time to find your replacement. Also, there is loyalty loss and a burned bridge with the potential new employer and recruiters by getting to a formal offer and not accepting. In short, I would have that talk before looking elsewhere. Jason,
Nice post on Resigning. As an executive recruitment consultant, I would disagree with number 5.
I would not solicit another offer first. If your only issue with your current employer is compensation, I would have the compensation discussion first and see if your employer recognizes your contributions and rewards/compensates your fairly before looking elsewhere. Some employers may question your loyalty, if you come to them with another offer or try to “gangster strong arm them( a Jason term )”. Some employers would even match that compensation to buy them time to find your replacement. Also, there is loyalty loss and a burned bridge with the potential new employer and recruiters by getting to a formal offer and not accepting. In short, I would have that talk before looking elsewhere.

]]> By: Justin http://calacanis.com/2010/04/27/red-jackson-gen-y-loyalty/#comment-6821 Justin Tue, 27 Apr 2010 21:57:37 +0000 http://calacanis.com/?p=31397#comment-6821 Great post jason, I didn't get this in my email (so I guess that answers question 6) so I am going to reply on here. I don't mind if others see my answers. 1. All leaders are flawed as all humans are flawed and its simply about accepting that fact and only taking the best from their personality. In life I seek to find as many mentors and leaders as possible. I see the their personality and attempt to aggregate the most positive and influential parts of their personality. Learn from their mistakes and faults while emulating their strenghts and convictions. 2. The con is that it simply seems very harsh, but the pro is that you show through it as an example of the ‘light at the end of the tunnel’ 3. -- 4. I would find anything related to your start very interesting. I know the basic story, but some real stories of specific instances would be a great read. If thats too personal, talking about specific ways to get into the tech/startup industry and general startup tips are always a great way to go. 5. I would define loyalty as respect, trust, and assurance gained over time. Its premature and naive to say someone is loyal after just meeting them. You can trust them to start, but after months and years of them being faithful to that trust, you know they are loyal. I put respect in there because I feel there is no loyalty if there is not mutual respect in the relationship. No matter if it is your boss, your employee, your coworker, or your friend. 6. I’ve been signed up for the jasonnation email list for a month or two and i’ve got nothing unfortunatelly. Tried unsubscribing and subscribing again today, so lets hope it works out. 7. I am 21 years old and I can say first hand you are not making this up. It permeates everyone in my society. I am lucky enough to have friends who are not among that group, but not all my friends are in the 20%. I would like to consider myself the group that is “about to kick ass” I havn’t kicked any yet, but soon. I am a samurai in training, if I can steal an analogy. So many people of my generation feel so lost overall, they have zero motivation to do anything, its all about what feels good. What will get them by. I wish I knew the answer, but I don’t. Perhaps something will shake them out of their complacency as they get older, but more than likely it wont. Great post jason,

I didn’t get this in my email (so I guess that answers question 6) so I am going to reply on here. I don’t mind if others see my answers.

1. All leaders are flawed as all humans are flawed and its simply about accepting that fact and only taking the best from their personality. In life I seek to find as many mentors and leaders as possible. I see the their personality and attempt to aggregate the most positive and influential parts of their personality. Learn from their mistakes and faults while emulating their strenghts and convictions.

2. The con is that it simply seems very harsh, but the pro is that you show through it as an example of the ‘light at the end of the tunnel’

3. –

4. I would find anything related to your start very interesting. I know the basic story, but some real stories of specific instances would be a great read. If thats too personal, talking about specific ways to get into the tech/startup industry and general startup tips are always a great way to go.

5. I would define loyalty as respect, trust, and assurance gained over time. Its premature and naive to say someone is loyal after just meeting them. You can trust them to start, but after months and years of them being faithful to that trust, you know they are loyal. I put respect in there because I feel there is no loyalty if there is not mutual respect in the relationship. No matter if it is your boss, your employee, your coworker, or your friend.

6. I’ve been signed up for the jasonnation email list for a month or two and i’ve got nothing unfortunatelly. Tried unsubscribing and subscribing again today, so lets hope it works out.

7. I am 21 years old and I can say first hand you are not making this up. It permeates everyone in my society. I am lucky enough to have friends who are not among that group, but not all my friends are in the 20%. I would like to consider myself the group that is “about to kick ass” I havn’t kicked any yet, but soon. I am a samurai in training, if I can steal an analogy.
So many people of my generation feel so lost overall, they have zero motivation to do anything, its all about what feels good. What will get them by. I wish I knew the answer, but I don’t. Perhaps something will shake them out of their complacency as they get older, but more than likely it wont.

]]>