I think it's the "automatically rewarded" part that's the key flaw in the OP.

I recently retired after working for 40 years at the same company. My general approach (to life, not just work) is similar to the post, but with some tweaks. I would phrase it more like:

• Be empathetic, and treat everyone with respect.
• Work hard and be willing to volunteer for the tasks that nobody wants, but don't give so much of yourself away that you'll resent it.
• Strive for fairness in your handling of situations, but never expect life to be fair because it isn't.

I had a very satisfying career. I went as high up in a leadership chain as I wanted to go, and had really enjoyable relationships with folks at all levels. But that last bit is very important: life just isn't fair. That doesn't mean we shouldn't strive for fairness though.