The New American Employment Contract

The perils of corporate culture creep

Long gone are the days of golden parachutes and cushy corporate pensions. Over the last several decades, corporations have progressively shifted more risk and expenses onto their employees.

As the coronavirus pandemic has exposed been to many Americans, most corporations really don’t have the public’s best interests in mind. From worker safety to mass layoffs, attempted hijacking of small business safety nets and leaving laid-off workers without healthcare benefits, the decisions that corporations have made reveal just how brazen they have become.

It all begs the question: Are Americans getting a raw deal?

Once upon a time, an informal worker contract existed whereby an employee would commit their whole career loyally to a single employer with the promise that the employer would acknowledge the value of that partnership by granting a wide variety of perks. Silver-plated pension benefits. Fully covered employee healthcare benefits. Club membership fees. Company cars. Employee technology.

This article is exclusively featured on our Medium publication. Follow this link to read it in full.

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