‘Loyalty tax’ hits long-term employees hard during layoffs. This benefit can help

Published 6 Min Read

Chart depicting more than 7 out of 10 employees thought their time with company protected them from layoffs.
Visualization created with AI assistance based on original reporting.

  • Key insight: Discover how the “loyalty tax” leaves long-tenured workers professionally unprepared.
  • Expert quote: Don’t let tenure stall proactive career management. – Amanda Augustine, Careerminds.
  • Supporting data: Survey of 900: over 70% believed tenure guaranteed job security; 66% had little warning.
    Source: Bullets generated by AI with editorial review

Long-tenured employees often believe they’re protected from layoffs, but that is not the case in today’s economy, and the results of being caught off guard can be brutal. 

Lee Hafner
Editor

Lee joined the EBN team in 2022, and covers areas including caregiving, employee health and wellness, healthcare innovation, and company culture. She created EBN's popular Benefits in Action and … Read full bio


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