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Message
re: Nobody wants to work anymore
Posted on 9/6/22 at 10:49 pm to GRTiger
Posted on 9/6/22 at 10:49 pm to GRTiger
quote:I've given pipe drafters a $5/hr raise, only to have them leave 3 weeks later for an extra $0.25/hr
I would piss off too many people if I translated this for the other side of the coin.

quote:I'm not gonna lie. I've done it with a "competitor".
One more anecdote: I once got a shitty employee a raise with a former client because it was easier than firing him.
Posted on 9/6/22 at 10:49 pm to SDVTiger
quote:
Then grow up and start your business if you dont like that
The number of people running medium to large corporations who actually started those businesses is minuscule. Everyone is an employee, only difference is how high level you are.
Posted on 9/6/22 at 10:52 pm to NOLAVOL16
He thinks his painting company is in rare air.
Posted on 9/6/22 at 10:54 pm to NOLAVOL16
quote:
The number of people running medium to large corporations who actually started those businesses is minuscule
And?
quote:
Everyone is an employee, only difference is how high level you are.
Well if you arent a weakling crying about other business on a message board and started your own company you cant get much higher of level than that now can you?
Posted on 9/6/22 at 10:54 pm to EarlyCuyler3
quote:There are. But, they just don't hire loser, unmotivated employees.
There aren't very many good companies.
Posted on 9/6/22 at 10:56 pm to SDVTiger
quote:
Well if you arent a weakling crying about other business on a message board
Big man talking trash on said message board. Truth is truth.
Posted on 9/6/22 at 10:57 pm to Eurocat
quote:Go scan for companies that beat expectations, and price subsequently fell. There are tons of examples, and it's a well-known phenomena. I'm not taking the time to do this for you. Sorry.
Give an example of a company being punished for over performing.
Posted on 9/6/22 at 11:02 pm to PaperTiger
quote:I've often wondered how many employees would want "profit sharing" if it also included "loss sharing". Meaning if the company loses, THEY have to write a check for their share.
What if the company loses $100 million on your idea, are you forfeiting your annual salary to cover that loss?
Posted on 9/6/22 at 11:05 pm to NOLAVOL16
quote:
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.

Posted on 9/6/22 at 11:05 pm to NOLAVOL16
quote:
Not the same thing as being punished for beating earnings
quote:
Absolutely the same thing. A company that grows 20% in a year but is forecasted to have flat sales over the next 4 is going to be valued less than a similar company forecasted to grow 20% total over the course of the next 5 years. They may get an initial bump that first year but the second company will overtake them just by spreading out the growth.
This is also why so many decisions made by executives are based on short term results. Bump the stock to cash in options, move on before the decrease
I guess it depends if the company defines itself by its stock price or its P&L statement. A company may indeed have its stock price devalued on the street, yet continue a 20% growth rate for factors not considered/misconstrued by the analyst(s) who made a forecast of said company from a stock perspective and not delving into extenuating factors that would affect its bottom line.
Yeti would seem to be a good example of this. For the life of me, I (and I would assume most analysts), can not figure out how a company can continue to sell a fricking 5 gallon bucket with a strap and a seat for $135, but they seem to do it with regularity.
Posted on 9/6/22 at 11:07 pm to EarlyCuyler3
quote:If you want the upside... buy the stock. How do people not understand this?
Companies routinely downsize and the employees eat all of that. And get next to nothing of the upside.
Posted on 9/6/22 at 11:14 pm to Basura Blanco
quote:
For the life of me, I (and I would assume most analysts), can not figure out how a company can continue to sell a fricking 5 gallon bucket with a strap and a seat for $135, but they seem to do it with regularity.
I don’t think most consumers understand it either. Don’t forget $50 dog water bowls. No different than fancy watches and purses I guess.
Posted on 9/6/22 at 11:16 pm to Taxing Authority
quote:
There are. But, they just don't hire loser, unmotivated employees.
Then they either pay them a competitive wage or lose them like everyone else.
It's not rocket science. Still waiting on examples.
Posted on 9/6/22 at 11:17 pm to Taxing Authority
quote:
If you want the upside... buy the stock. How do people not understand this?
"Well pay you as little as possible, but you can buy stock with what we give you and you too can become a millionaire."

Posted on 9/6/22 at 11:18 pm to EarlyCuyler3
quote:I suspect we all know why you can't find them.
Still waiting on examples.
quote:
they just don't hire loser, unmotivated employees.
Posted on 9/6/22 at 11:20 pm to Taxing Authority
quote:
I suspect we all know why you can't find them.
I suspect you don't have any examples to back up your claims.
Posted on 9/6/22 at 11:21 pm to EarlyCuyler3
quote:
"Well pay you as little as possible, but you can buy stock with what we give you and you too can become a millionaire."

Clipping ppl like you is a blessing for those companies
Posted on 9/6/22 at 11:22 pm to EarlyCuyler3
quote:You need to figure out the diffrence between an expense and an asset.
"Well pay you as little as possible
quote:Yep. You'll find out being an owner is hard business, with not as much "upside" as you think. You're kinda making the argument for us here.
but you can buy stock with what we give you and you too can become a millionaire."
Take someone like XOM... $100 million in "savings"... works out to... $0.025/share.

Posted on 9/6/22 at 11:23 pm to EarlyCuyler3
quote:Ok. Let's see your list of every "bad" company on the planet.
I suspect you don't have any examples to back up your claims.

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