loyalty discount

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 (http://tinyurl.com/98992r)

F**k, I was L.D'ed for another year!