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Started By
Message
4
Posted on 9/6/22 at 9:57 pm to EarlyCuyler3
quote:
There is no better example of corporate insanity than this idea.
For consumers I agree. How can a new fridge be lucky to last 5 years but my grandmothers fridge from the 60’s was still going strong in 2015?
From the company’s perspective? Sure does sell a lot more fridges.
Posted on 9/6/22 at 9:57 pm to PaperTiger
quote:
What if the company loses $100 million on your idea, are you forfeiting your annual salary to cover that loss?
That's a false dilemma, but even so, is he the one that gave the green light to run with it?
Posted on 9/6/22 at 9:58 pm to PaperTiger
quote:
What if the company loses $100 million on your idea, are you forfeiting your annual salary to cover that loss?
Wut?
Posted on 9/6/22 at 9:58 pm to NOLAVOL16
quote:
For consumers I agree. How can a new fridge be lucky to last 5 years but my grandmothers fridge from the 60’s was still going strong in 2015?
From the company’s perspective? Sure does sell a lot more fridges.
And if they treat their actual customers that way, imagine how they treat their employees.
Posted on 9/6/22 at 9:59 pm to PaperTiger
quote:
What if the company loses $100 million on your idea, are you forfeiting your annual salary to cover that loss?
That’s what happens now isn’t it? I lose the company 100 mil, I’m getting fired tomorrow.
Posted on 9/6/22 at 10:00 pm to EarlyCuyler3
Well he wants to share in the profit, but not share in the loss as an employee. .
So you want the reward but you don't want the risk. It's not a false dilemma. Corporations have bad quarters all the time.
So you want the reward but you don't want the risk. It's not a false dilemma. Corporations have bad quarters all the time.
Posted on 9/6/22 at 10:03 pm to PaperTiger
quote:
Well he wants to share in the profit, but not share in the loss as an employee. .
You know any individual contributors keeping their jobs after a 9 figure mistake?
Hell most wouldn't survive a 5 figure mistake lol.
Posted on 9/6/22 at 10:05 pm to JohnnyKilroy
Ok. $100 million is a lot yeah every one would be fired in that situation. Sorry I got a 5 mo old and haven't slept much.
But the premise should be the same. Just make the loss more realistic.
yeah every one would be fired in that situation. Sorry I got a 5 mo old and haven't slept much. But the premise should be the same. Just make the loss more realistic.
Posted on 9/6/22 at 10:07 pm to PaperTiger
I did.
Most peon employees are getting shitcanned after a five figure mistake.
Most peon employees are getting shitcanned after a five figure mistake.
Posted on 9/6/22 at 10:10 pm to JohnnyKilroy
quote:
Most peon employees are getting shitcanned after a five figure mistake
NOBODY who is individually responsible for a 100m loss will survive. Why do you think executives hire consulting firms to tell them what they already know? It’s CYA in case the idea goes south.
This post was edited on 9/6/22 at 10:11 pm
Posted on 9/6/22 at 10:16 pm to NOLAVOL16
quote:
That has always been the case, but in the past there was actual job security and good raises handed out while you waited for that next job to open up. Now you’re fired at a moments notice and the money doesn’t keep up with costs. Only choice is to leave.
100%
And then add in kids, food costs, daycare etc.
They treat people making a family like crap.
Posted on 9/6/22 at 10:17 pm to GreatLakesTiger24
Parents give their kids everything on a silver platter so what do you expect?
Posted on 9/6/22 at 10:19 pm to JohnnyKilroy
quote:
Most peon employees are getting shitcanned after a five figure mistake.
I've never seen a stat that backs up that assertion. 5 figures just doesn't sound like a lot to me if we are talking about corporations. A small business would be different of course.
The whole point of the scenario I brought up, even though poorly worded by me I admit, is that the poster a share of the profit when things are good but doesn't want, let's say, a share of any loss, as in lower salary. His argument was "well who greenlighted it".
You want rewards but without risk, and it doesn't work that way. It has to be a 2 way street. Yeah some corporations reward CEOs for your idea. Yeah some get bonuses, even for a bad quarter, but most business can't and don't operate like that.
Posted on 9/6/22 at 10:22 pm to PaperTiger
I never said I wanted no risk. I fully expect to be shitcanned if I cost the company money. That’s normal even now. What’s not normal is sharing the upside.
Posted on 9/6/22 at 10:31 pm to NOLAVOL16
I'm mixing up your and Kilroys statements and combining them into one argument. That's my fault... Again.
Sorry fellas.
Sorry fellas.
Posted on 9/6/22 at 10:34 pm to PaperTiger
quote:
but doesn't want, let's say, a share of any loss, as in lower salary.
They're called layoffs. They even happened in healthcare at the beginning of COVID.
Companies routinely downsize and the employees eat all of that. And get next to nothing of the upside.
This post was edited on 9/6/22 at 10:35 pm
Posted on 9/6/22 at 10:37 pm to atrain5
I wake my arse up at 6am every morning and drag my arse down to Las Colinas. Yeah we’re doing the dry wall down at the new McDonalds.
Posted on 9/6/22 at 10:39 pm to EarlyCuyler3
quote:
Companies routinely downsize and the employees eat all of that. And get next to nothing of the upside.
Then grow up and start your business if you dont like that
Posted on 9/6/22 at 10:47 pm to GreatLakesTiger24
quote:
Nobody wants to work anymore
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