Originally Posted by
fcoolaiddrinker
Swa corporate culture for years was one of if you treat and pay your employees well they in turn will reward the company with efficiencies. It worked great for a few decades and there’s investment funds that invest in companies with that specific philosophy. Going forward it remains to be seen if that’s the eventual plan again. Right now we’re in a negotiating cycle and it generally always looks like this.
If you want to see other companies with this philosophy check out some of those funds. They generally beat the S&P. That tells me it’s an effective strategy.
I agree. Even down to the maligned fast food jobs, seems in n out and chipotle tend to pay better and have happier employees (as happy as you can get, at that level). Ironically (or perhaps not), several days ago I saw both of those names in an article criticizing them for donating heaps of money to oppose legislation bolstering minimum wage.
What’s the saying, trip over dollars to pick up pennies? I know southwest used to be the “work your tail off but they treat us well.” History tells me a lot of jobs were like that in post-war America boom. Not anymore.
anyway this is why I won’t chase money to try hopping to another company that pays a a little (or a lot) more. Especially if it brings a lifelong commute. We all know it: remove the badge (and the hat, where applicable), most crews at every airlines will complain about the same things. And now finally at WN they have realized it’s not the ol howdy friendly little airline. So I’ll keep my head down, do my job, take my check, and try to work collectively toward a better contract each cycle.
Things can and should improve. the one thing I will never expect is a friendly accepting management. “This is not Costco, we don’t love you!”