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Message
re: Michael Burry: The white collar employment bubble is bursting right before our eyes
Posted on 9/26/22 at 5:15 pm to Mo Jeaux
Posted on 9/26/22 at 5:15 pm to Mo Jeaux
quote:
That's not a fact at all. That's a blanket statement, which is your opinion
I'll try this again. BURRY SAID white collar jobs are being lost, and will continue happening. BURRY blames it on the WFH movement
You can feel confident all you want in how valuable you are worling at home, but you really wont know until you get that pink slip. WHICH BURRY SAID is happening in significant numbers; to WFH folks. And they are being let go because . . . . the exec doesnt view them as critical? Or they wouldnt be let go, right?
None of that is my opinion. Its happening in real time
2
Posted on 9/26/22 at 5:38 pm to RobbBobb
quote:
WHICH BURRY SAID is happening in significant numbers; to WFH folks.
That's not what he said, at least, not only to WFH workers.
Posted on 9/26/22 at 5:53 pm to BugAC
quote:
If you want to be paid hourly, then go get an hourly job. If you want to be paid a salary, then get yourself a career.
Brain washed to believing that salaried=on call and average 65-80 hour weeks.
quote:
No one who is successful got it by never being put in stressful positions
Agreed. Not sure what that has to do with giving away your labor for free.
quote:
If you don't like the terms of your employment, QUIT. It's that
Um, people are and people are freaking out about it. Companies have adjusted and are offering more PTO and $. How is it that inflation has outpaced wages by ALOT and many of the larger companies had record breaking profits? I’m not talking about forcing a living wage, raising minimum wage or any of that garbage. I’m talking about companies that post a record profit, but because they planned 16% growth and “only” hit 13%, they lower bonuses or say they missed plan so they can’t offer a raise this year.
I’m not asking government to legislate any of this because I’m not a commie, but people need to stop sucking that corporate dick to “pay dues” and start calling bullshite when they see it. A record year deserves more than a “pizza party!!!!”
This post was edited on 9/26/22 at 6:01 pm
Posted on 9/26/22 at 6:16 pm to RobbBobb
(no message)
This post was edited on 9/26/22 at 6:18 pm
Posted on 9/26/22 at 6:18 pm to tiggerthetooth
Why are y’all so obsessed with WFH? If the office is so much better than why do y’all constantly bish and moan like little girls. Dead arse
Posted on 9/26/22 at 6:28 pm to Moustache
quote:
I’m talking about companies that post a record profit, but because they planned 16% growth and “only” hit 13%, they lower bonuses or say they missed plan so they can’t offer a raise this year.
Often times hiring is based on expected revenue. So missing a target even by a little messes up the budget because hiring comes before the revenue.
That may not be an acceptable answer for you, but it's how it is in a lot of companies.
Also, executive and upper management bonuses are often dependent on hitting those revenue goals, so it's not always the case that only the little guy takes a hit. Our managing directors and C-suite folks lose out on 6 figures when targets aren't hit.
Posted on 9/26/22 at 6:33 pm to Palmetto98
Boomers don’t have their millennials in the office anymore converting their word docs to pdf’s so they’re getting pissy.
Posted on 9/26/22 at 10:51 pm to BugAC
i'm not a wfh guy, but
quote:
WFH is a bastardized model the plandemic forced on us, and the millenials can't seem to understand that you have to show up to keep a job.
Posted on 9/26/22 at 10:53 pm to BugAC
quote:lol no it's not
Yet, that is the constant gripe from millenials
Posted on 9/26/22 at 11:06 pm to BugAC
quote:weird because my first job out of college was hourly yet i got about three weeks of pto, health insurance, 6% (i think) 401k match, etc.
Hourly:
Hours worked, hours paid.
No paid sick days
No paid vacation
No or minimum retirement package
Minimum healthcare coverage
Unstable job security
Salaried:
Paid the same wage regardless of hours worked. This includes down times, and busy times.
Also included in a salaried benefits package is:
- Paid Sick Days
- Paid Vacation
- Retirement package
- Possible stock options/profit sharing
- Greater healthcare coverage
- Relative job security (depending on company and work ETHIC)
- Some companies have paid gym memberships, child daycare, etc...
Posted on 9/26/22 at 11:11 pm to shel311
Not many produce from home nearly as effectively
This post was edited on 9/27/22 at 6:38 am
Posted on 9/26/22 at 11:16 pm to tiggerthetooth
Have you ever heard when he has Shirley Q Liquor call in?
GOAT
GOAT
Posted on 9/27/22 at 2:42 pm to Mingo Was His NameO
quote:
I'll take a pay cut before I ever have to deal with bullshite like this
I will gladly not hire you or anybody else with this attitude. I think you should find a large liberal media company to work at, you could hide (er, fit in) very well there.
Posted on 9/27/22 at 2:44 pm to tadman
quote:
I will gladly not hire you or anybody else with this attitude.
What kind of company do you run/work for?
Posted on 9/27/22 at 2:50 pm to tadman
quote:
I will gladly not hire you or anybody else with this attitude. I think you should find a large liberal media company to work at, you could hide (er, fit in) very well there.
I work at a professional service firm. As long as my work gets done no one asks my why I wasn't in the office last Thursday or why I didn't get there until 8:45.
Posted on 9/27/22 at 2:52 pm to BugAC
quote:
You want to be paid hourly, but with the benefits of a salaried position. YOU CAN'T HAVE BOTH!!!
This is crazy but maybe every place isn't like where you work...
Posted on 9/27/22 at 2:57 pm to BugAC
quote:
Hourly:
Hours worked, hours paid.
No paid sick days
No paid vacation
No or minimum retirement package
Minimum healthcare coverage
Unstable job security
Are you an actual business owner and this is how your hourly employees are treated? That would SUCK
Our hourly employees have all been here long enough for 3 weeks paid vacation, and a couple of them have 4 weeks. They also get the same retirement and health insurance as everyone else
Posted on 9/27/22 at 2:59 pm to tadman
quote:
I will gladly not hire you or anybody else with this attitude
This loser bumped this thread just to pretend he hires people
Posted on 9/27/22 at 3:02 pm to Mingo Was His NameO
quote:
As long as my work gets done no one asks my why I wasn't in the office
Probably because they are used to not being able to see the midget working in the cubicle. How far do your little stubby legs dangle from your office chair?
Posted on 9/27/22 at 3:06 pm to GreatLakesTiger24
quote:
weird because my first job out of college was hourly yet i got about three weeks of pto, health insurance, 6% (i think) 401k match, etc.
same, he seems to be replacing "temp worker" with hourly
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