Morale In The Workplace

Recently, another blogger (Liz with the lit devil horns) remarked on a workplace change in policy that probably resulted in a negative reaction on morale in the workplace. My company has lost some good people recently, because of increased expectations with no reward beyond "You're lucky to work here, things are worse everywhere else" mentality. When it became obvious there will always be alternatives for good workers, top management started asking the departing "What can we do differently?" We will see the result of this imput in the next three months. I am skeptical, but you never know. I do not work in a growth industry, and much of our customer base is gone, lost to overseas competition. We as a company are doing way better than most, but as humans we would like to see a carrot once in awhile!