What is Loyalty Discount?
1.
The punishment an employer gives his employees who have not changed job for a long time, in the form of, but not limited to, reduction in compensation, job elimination, etc.
"Look at this -- Euan Taylor, he's been with us fourteen years, for Christ's sake! He ain't going anywhere. Or Bill Parker, he's been here seventeen years! These guys have to get a loyalty discount." - From The Insiders by David Charters
F**k, I was L.D'ed for another year!
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