**UPDATE** - 20 Year Long Service Award - Need Suggestion

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How strange, I am just looking at those very same Longines watches, all three appeal but can't afford all of them 馃槈

Me too. The Skin Diver is beautiful in the metal for sure. Haven't met a Military yet but I'd add the BigEye to that list also, if still available.

I'm gonna have to stop visiting this thread. Too easy to dream...
 
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I chose to resign from the firm I worked for, for just over 24 years! The store I had managed for ten years, was to be closed. I was offered continued employment in a position with reduced responsibility, and at a significant salary cut, OR one year of salary at my manager鈥檚 rate, if I decided to resign! NOT a hard choice to make. Why accept a plastic Seiko clock upon my 25 th year with the firm when they offer a year of salary to resign, earlier? I was already making more working for myself than I was making working for them!
 
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I retired in November 2017 with 24 years of service as a hospital Biomedical Technician at age 70, got a nice retirement party, a $300 gift card from my co-workers. What was nice was I had accumulated over 300 hours of PTO (personal time off or vacation time) which gave me a parting check for about 10k. Sat on it for awhile, last summer on July 20th bought myself a retirement gift, a ref 311.30.42.30.01.005 Hesalite Speedmaster. Sometimes the best gift is one you pick out yourself with "found" money. Strangely, the hospital, which is under new ownership, recently called me back as a consultant. At 72, it's kinda nice to know your skillset is still needed. Congratulations on your successful 20 years, rare these days!
 
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I retired in November 2017 with 24 years of service as a hospital Biomedical Technician at age 70, got a nice retirement party, a $300 gift card from my co-workers. What was nice was I had accumulated over 300 hours of PTO (personal time off or vacation time) which gave me a parting check for about 10k. Sat on it for awhile, last summer on July 20th bought myself a retirement gift, a ref 311.30.42.30.01.005 Hesalite Speedmaster. Sometimes the best gift is one you pick out yourself with "found" money. Strangely, the hospital, which is under new ownership, recently called me back as a consultant. At 72, it's kinda nice to know your skillset is still needed. Congratulations on your successful 20 years, rare these days!
That鈥檚 the way to do it Phil! My mother, who just turned 80, officially retired from medicine at 65 (she was a research pathologist at a major teaching hospital)- but they asked her to stay on as a consultant...and they kept her office for her...and continued to pay her salary for the days she chose to work. She officially handed over her microscope chair last year so she could focus more on the social causes that she finds near and dear to her heart. Apparently the institutional knowledge that your generation has can鈥檛 be taught to the next generation through online classes or wenbinars, it takes real tutelage from those who have done it for the last 5 decades.
Keep active in the field you love and it will keep you healthy and sharp- you don鈥檛 use it, you lose it.
 
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The OP does not seem to live in the USA since he talked in Euros. The days are long gone in the US when one was presented with a gold watch and a handshake for many years of service. Now any gift over a nominal amount has to be reported to the IRS as taxable income, so the company has to gross up the retail price to make the employee whole. Most don't want to do that.....it makes no sense to give a $5,000 Rolex which means a bunch of tax shenanigans so the giftee doesn't get hit with taxes. Now you get a cheap, under $500 gift choice and a rubber chicken retirement dinner. Progress, or so they say.
 
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20 years got me nothing, at 21 years I was made redundant and escorted off the property.

I鈥檓 glad you have found a career and coworkers where you鈥檝e had 20 years that have been rewarding and happy.
I find this both disheartening and sad on several levels, mostly because to so many employers, we're just "labor units". When someone decides we're no longer considered useful, insult is added to injury by "escorting" us off the premises, usually in a humiliating manner, as if we've become some sort of threat. Sets a fine example for those remaining, really inspirational. I admire the spirit and fortitude this poster, still able to celebrate the good fortune and efforts of others despite his shabby treatment. I watched this as it happened to my very talented supervisor after 33 years, certainly didn't inspire me to greater efforts, just inspired planning my retirement sooner.
 
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Unfortunately it is a 2-way street. As a small business owner, I have seen a change in mentality of the people entering the work force after college here in the US. Very few seem to care or be committed to the companies that employ them. I don't know if it is because they hear growing up that 'companies are evil', etc., or if it is because the economy has been doing so well they can easily go down the street and get a job with a competitor if you ask them to do anything they do not feel like doing. Pull an all-nighter or come in over the weekend to meet a pressing government deadline? No chance in heck. Work even a minute of 40 hours in a week? No chance in heck. All the stuff my peers and I had to do for our first two decades of work in order to solidify ourselves in our careers, and to help our company fulfill it's obligations are of no interest to many of the younger people in the work force these days. None seem to want to stay at a company for more than 5 years, and I am in a business segment where people used to stay with their employers for decades (and there still are many in their 50s and 60s who have done so).

I would welcome the chance to give someone extra recognition for 10 years of service, as the closet anyone has come to that in the last 10 years is a little over 7 years. And 20 years of service? There are two current employees who might hit that in another 14-16 years, but I suspect one of them will be leaving the area and heading back to where he and his come from in NC at some point since they have started a family.
 
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15 years of graft has gotten me several letters thanking me for donating the proceeds of what might have been a (modest) commemorative gift to funded research. Keen as I am to support such research, I might have blinked at the choice between that and a brand-new Omega. I wish the OP congrats on 20 years well-spent, and look forward to the haute-horlogerie fruits of the next 20.
the-human-fund-mouse-pad-horizontal.jpg
 
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Unfortunately it is a 2-way street. As a small business owner, I have seen a change in mentality of the people entering the work force after college here in the US. Very few seem to care or be committed to the companies that employ them. I don't know if it is because they hear growing up that 'companies are evil', etc., or if it is because the economy has been doing so well they can easily go down the street and get a job with a competitor if you ask them to do anything they do not feel like doing. Pull an all-nighter or come in over the weekend to meet a pressing government deadline? No chance in heck. Work even a minute of 40 hours in a week? No chance in heck. All the stuff my peers and I had to do for our first two decades of work in order to solidify ourselves in our careers, and to help our company fulfill it's obligations are of no interest to many of the younger people in the work force these days. None seem to want to stay at a company for more than 5 years, and I am in a business segment where people used to stay with their employers for decades (and there still are many in their 50s and 60s who have done so).

I would welcome the chance to give someone extra recognition for 10 years of service, as the closet anyone has come to that in the last 10 years is a little over 7 years. And 20 years of service? There are two current employees who might hit that in another 14-16 years, but I suspect one of them will be leaving the area and heading back to where he and his come from in NC at some point since they have started a family.

The issue is a change in perceived values, not that many years ago Companies rarely made employees redundant, in fact to have been made redundant was a stigma that you didn't want to be associated with.

Companies valued their employees and rewarded them usually with a job for life or as long as you wanted it, (unless you misbehaved 馃槜).

During their employment an employee would get recognition as their service lengthened, maybe the company gave increased holidays after 5 years and extra weeks holiday after 20 years, improved sickness pay for longer serving employees, enhanced pensions for long term employees, Christmas hampers for those that had reached a certain level, a 18k gold watch at 25 years, and other small but welcome benefits.

Employees felt as though they were part of the family, they felt that they belonged and so responded accordingly but most importantly they stayed.

However, the world turned, a different era dawned, one where profit was king.

In the drive for profit and to get the efficiencies required to make more profit, those perks were gradually removed, one by one they went, then the redundancies crept in, then mergers, then closures, soon the employee felt that they were not part of the family but just a number. The job no longer was one that was enjoyed, the camaraderie had gone, the job was now one that simply had to be endured to keep the wolf from the door.

The employee started looking elsewhere and ultimately people started leaving. First the core workers started to leave, then key people the supervisors and junior managers - the people with hands on experience who knew the job inside out. Performance dropped, targets started to be missed, profits fell, to improve profit the company cut some staff out, the focus was to reduce costs, close branches and merge with another, sell assets.

Now the company still exists but nothing like the one that existed all those years ago, it is still profitable but staff get their wage, no more no less, there are no perks, even good old overtime at time plus a half has gone, replaced by a single rate irrespective of how many hours are worked, people endure because they have to, there are bills to be paid but there is no belonging, people come they stay a while then leave for something hopefully better, long service is not going to happen with the new staff as the Company is just part of the job carousel and doesn't prioritise the long term retention of employees.

The days of a job for life is now long gone in the vast majority of cases, yes small micro brands claim otherwise and maybe they will get that loyalty, but unless you can get into public service and even here costs are examined more closely than they ever have been, 5 years in a job is probably as good as it is going to get for many.
 
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My grandfather worked for the FBI for 25 years (he actaully got a gold watch inscribed by JEH). When I got my job with the federal government in 1999, I called my grandmother to share the news. She raved about the wonderful retirement plan I will have- no grandma, we don't get that. She raved about the no premium health coverage that covers anything-no grandma, we don't get that either. She raved about the job security- no grandma we don't get that either (can be RIF'd any time and they are talking about going to at-will)....she paused for a second and asked "what government do you work for?"

If you want to know why the current workforce doesn't give a crap about loyalty, worth ethic, or longevity? Because they have been told for the last 20 years that they are expendable, they are not worthy of benefits and retirement plans, and that they are "lucky to have a job"...yeah, I wouldn't give a crap either.

The downward spiral of our society started when profits became more important that people. Without the people, there are no profits.
 
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Martin_J_N, that's the sad thing. We increase the weeks of vacation, etc. after 5 years, 10 years, etc., and offer a lot of the other 'old' perks, but it is largely lost on the current crop of newer people in the workforce around here. And as an employer, it is a struggle not to regard them as commodities when their actions and attitudes often clearly indicate they have no real commitment to the organization.

As a small company, we have potential for employees to take over the company in about a decade, and have worked on grooming a handful of them for future ownership. And universally they have decided running a company is too much work, and they have lost interest, and some moved to much bigger companies where they can essentially be 'middle managers' and not have the responsibilities of keeping a small company operating. It is a different mindset than when I graduated 30+ years ago, and the professors drilled into us the great thing about engineering was the ability to open your own business once you obtained your PE. We were groomed in college to consider that the 'normal' path, and that is completely different than the people graduating these days. Opportunity and a future are hanging right there for many of them, but the interest is no longer there.
 
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Martin_J_N, that's the sad thing. We increase the weeks of vacation, etc. after 5 years, 10 years, etc., and offer a lot of the other 'old' perks, but it is largely lost on the current crop of newer people in the workforce around here. And as an employer, it is a struggle not to regard them as commodities when their actions and attitudes often clearly indicate they have no real commitment to the organization.

As a small company, we have potential for employees to take over the company in about a decade, and have worked on grooming a handful of them for future ownership. And universally they have decided running a company is too much work, and they have lost interest, and some moved to much bigger companies where they can essentially be 'middle managers' and not have the responsibilities of keeping a small company operating. It is a different mindset than when I graduated 30+ years ago, and the professors drilled into us the great thing about engineering was the ability to open your own business once you obtained your PE. We were groomed in college to consider that the 'normal' path, and that is completely different than the people graduating these days. Opportunity and a future are hanging right there for many of them, but the interest is no longer there.
I totally get where you are coming from, I came from the same generation I assume (X). Go to college, work hard, take initiative, and you will prosper. I would say that worked for the Boomers 75% of the time, for the X'rs it was dwindling to about 50% of the time, and it is now probably true for about 25% of the kids coming out of school. I know people in there 20's who were bright enough for college as we knew it, but have decided to not go and just work menial jobs because they watched their older siblings or parents get saddled with crippling debt after 4-6 years, only to still have to work the menial jobs or be under-employed commensurate with their skills or education.

One of the things that was a juggling act for my and former generations was the life/work balance- usually it was far more tilted towards work than life. I think the current generation saw the futility of the WORK/life balance and has decided to flip it- LIFE/work. Also, people who don't think they have a future don't plan for one. Look at the world we have left for these kids- my god!
 
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If you want to know why the current workforce doesn't give a crap about loyalty, worth ethic, or longevity? Because they have been told for the last 20 years that they are expendable, they are not worthy of benefits and retirement plans, and that they are "lucky to have a job"...yeah, I wouldn't give a crap either.

Spot on! I spent 23 years at a company I would have gladly worked my entire career for, even though they would cut my hours when things got tough, roll back benefits, implement pay cuts, etc. I loved the work, and I knew every inch of the manufacturing plant I worked in (I even built parts of it over the years putting on additions). I came in early, stayed late, and worked tons of unpaid overtime during the week and on weekends. I was the sort that did the work regardless if I was getting paid, because I'm just wired that way.

Even if the local management recognized my worth, in the end it made no difference. When things got tough and the company started moving production out of our unionized plant, and sent it South the US to non-unionized plants, we were left with the unprofitable work running smaller batches, more set-up time, loss in productivity. Everyone could see the writing on the wall, and eventually I was shown the door (with a package) and by the time it actually came, I was more then happy to leave.

I was the senior mechanical engineer at the time, and they kept a very junior guy who was no doubt making far less than I was, and would say "yes" to every stupid scheme that someone dreamt up, because he didn't know any better. At a time when they needed experience, they opted for the cheapest person...

After years of being told I was "lucky" to still have a job when the times were tough, going through crazy stock-market analyst driven improvement programs that often had no basis in reality, I was done with it all. I swore I would never go back to any corporate environment, and I turned what was a small part time business into a full time one, and here I am fixing watches. I've never been happier. I make less, but I'm fine with that - there's more to life than money.

The manufacturing plant eventually closed (had been there since 1945), and for a long time it was an empty lot. Now they are building a strip mall on the property.

Loyalty is two way street, and as someone who always considered themselves a "lifer" at a company, I can tell you it wasn't me that was disloyal in the end...if companies are stuggling, they just need to look in the mirror for the reasons, at least in my experience.
 
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And @BlackTalon - you are the exception, not the rule- and I鈥檓 deeply saddened that your desire to grow the next generation of talent has been fraught with dissapointment.
I know several young people who would kill to have a job where they are valued, where they can grown with the company, where they can learn from the last generation, where they can feel safe in their job security, plan a life and spend the next 30 years not having to jockey for their next gig. But they truly feel like that world has ended and there is no hope and have so much bitterness ...it鈥檚 heartbreaking.
 
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Loyalty is earned, but it's a 2-way street. It's interesting that the companies that seem to do the best and are the most profitable generally treat their employees very well. Motivation is usually self sourced, it's up to an employer to recognize that an employee is self motivated and allow them to climb the ladder, so to speak. In my experience, those who do well, usually have acquired a unique and desirable/needed skillset. I'm 72, have been a Police Officer, an electronics technician, a Gunsmith and a Biomedical Technician. After degrees in English Literature and Law Enforcement Administration, I found my true calling in Biomedical Engineering, loved it and did well under a Director who was both encouraging and allowed me the freedom to make decisions and develop the skillsets that allowed me to succeed. IMHO, a lot of the current generation have been given a set of expectations and a sense of entitlement that limits them, they are often afraid to try because they fear failure. Failure is how we learn. Show me any successful person and they have failed many times, got up, dusted themselves off, and tried again until they succeeded. Life isn't fair, never has been, never will be, and never has guarantees. The key is to have the courage to keep trying. I succeeded in Biomed because I was able to combine all the skillsets I had accumulated along the way, administrative, electronics, mechanical/micro-mechanical, self-motivated and a strong work ethic (which I got from my Victorian Grandparents) Bought my own retirement watch.
 
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Loyalty is two way street, and as someone who always considered themselves a "lifer" at a company, I can tell you it wasn't me that was disloyal in the end...if companies are struggling, they just need to look in the mirror for the reasons, at least in my experience.

As OP of this thread I would like to say I genuinely do feel valued in my work, and that the company has my back if ever I get in trouble for any reason. I was very, very lucky to answer a small ad for an 'Internet Customer Consultant' in early 1999 when very few people had internet access and being able to send email was a marketable skill. It was a small company, and I was designated employee no. #00002 in a firm that now has offices in several countries.

But it is not luck that kept me in the job for 20 years. As well as being a good company to work for, it so happens that I turned out to be a pretty shrewd hire. I am good at my job, I have a team that works like magic (is better than the sum of its parts), I have a boss who I know well, who I wish well (an odd sensation I can assure you), and who I get drunk with often. And I don't believe these outcomes are accidental for either me or my employer. It is a two way street.

However...

I don't believe for a second in the pull yourself up by your own bootstraps bullshit. Or, no offense @PhilF , that 'Victorian' values are the answer to workplace malaise - indeed outdated values are the cause of strife and dissatisfaction as so many exploited workers in this thread will attest. And it is ironic that on a forum dedicated to discussing and owning luxury watches that so many were let down by the system - a system that sees ownership of luxury goods as a talisman against failure, something that sets a person apart from ordinary working people.

Anyway, did somebody say 'watch pic'?
 
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I find this both disheartening and sad on several levels, mostly because to so many employers, we're just "labor units". When someone decides we're no longer considered useful, insult is added to injury by "escorting" us off the premises, usually in a humiliating manner, as if we've become some sort of threat. Sets a fine example for those remaining, really inspirational. I admire the spirit and fortitude this poster, still able to celebrate the good fortune and efforts of others despite his shabby treatment. I watched this as it happened to my very talented supervisor after 33 years, certainly didn't inspire me to greater efforts, just inspired planning my retirement sooner.

Yeah that was a bit of a bitter pill, but no worries, like another poster I took my vacation payout and bought myself a 60th Anniversary Speedmaster. I got another job within a month and I haven't looked back.

I'll admit it was disheartening to put in so much time and effort into a career that meant nothing to my employer but we live in the time of "Human Capital" and I'm a realist. Now, I look for satisfaction in other areas of my life and while I give 100% at my current job I know I'm just trading time and skill for money and that's all it will ever be as long as the bottom line is more important than the people getting you there.

That said, I believe it also matters where you work and who you work for in a particular company. Based on that alone, experiences can vary wildly.
 
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As OP of this thread I would like to say I genuinely do feel valued in my work, and that the company has my back if ever I get in trouble for any reason. I was very, very lucky to answer a small ad for an 'Internet Customer Consultant' in early 1999 when very few people had internet access and being able to send email was a marketable skill. It was a small company, and I was designated employee no. #00002 in a firm that now has offices in several countries.

But it is not luck that kept me in the job for 20 years. As well as being a good company to work for, it so happens that I turned out to be a pretty shrewd hire. I am good at my job, I have a team that works like magic (is better than the sum of its parts), I have a boss who I know well, who I wish well (an odd sensation I can assure you), and who I get drunk with often. And I don't believe these outcomes are accidental for either me or my employer. It is a two way street.

However...

I don't believe for a second in the pull yourself up by your own bootstraps bullshit. Or, no offense @PhilF , that 'Victorian' values are the answer to workplace malaise - indeed outdated values are the cause of strife and dissatisfaction as so many exploited workers in this thread will attest. And it is ironic that on a forum dedicated to discussing and owning luxury watches that so many were let down by the system - a system that sees ownership of luxury goods as a talisman against failure, something that sets a person apart from ordinary working people.

Anyway, did somebody say 'watch pic'?
You are indeed correct, what worked for me is outdated in today's world which is largely defined by profitability, many of my friends who are still working are plagued by indifference and chronic understaffing. People leave and are not replaced shifting the workload to those who are left, this is especially true in the healthcare industry, where stress and burnout are rampant. When I retired, my position was filled by 2 people. The primary reason I was called back as a consultant is there are are few/no people with the necessary skillsets and the unwillingness to add another full-time position. Paying me to get them over the current backlog is a cheaper way to resolve pressing needs, part of the exploitation you mentioned. Seems like everyone wants cheap short-term solutions for long-term needs.
Obligatory picture of the Seamaster I got to relieve stress........
 
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I was the senior mechanical engineer at the time, and they kept a very junior guy who was no doubt making far less than I was, and would say "yes" to every stupid scheme that someone dreamt up, because he didn't know any better. At a time when they needed experience, they opted for the cheapest person...

Why do I hear this statement over and over again, it comes up in discussions all the time, get rid of experience as they are costly but retain inexperience as they are cheaper and then wonder why things go wrong.

All this does is put unnecessary pressure on those who remain, creating a demotivated workforce who look for a way out, more experience then leaves, more inexperience is then hired, the experience circle contracts and the process starts again.