Started By
Message

re: Nobody wants to work anymore

Posted on 9/6/22 at 10:49 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 10:49 pm to
quote:

I would piss off too many people if I translated this for the other side of the coin.
I've given pipe drafters a $5/hr raise, only to have them leave 3 weeks later for an extra $0.25/hr
quote:

One more anecdote: I once got a shitty employee a raise with a former client because it was easier than firing him.
I'm not gonna lie. I've done it with a "competitor".
Posted by NOLAVOL16
Member since Jan 2022
898 posts
Posted on 9/6/22 at 10:49 pm to
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 by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 9/6/22 at 10:52 pm to
He thinks his painting company is in rare air.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
88370 posts
Posted on 9/6/22 at 10:54 pm to
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 by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 10:54 pm to
quote:

There aren't very many good companies.
There are. But, they just don't hire loser, unmotivated employees.
Posted by NOLAVOL16
Member since Jan 2022
898 posts
Posted on 9/6/22 at 10:56 pm to
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 by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 10:57 pm to
quote:

Give an example of a company being punished for over performing.
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.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
88370 posts
Posted on 9/6/22 at 10:58 pm to
I figured

Posted by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 11:02 pm to
quote:

What if the company loses $100 million on your idea, are you forfeiting your annual salary to cover that loss?
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.
Posted by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 11:05 pm to
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.

Saw a specialty chem company do a in-house engineering job once... without a consultant... the entire engineering staff quit the day the unit was started up. Always hire a consultant!
Posted by Basura Blanco
Member since Dec 2011
10832 posts
Posted on 9/6/22 at 11:05 pm to
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 by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 11:07 pm to
quote:

Companies routinely downsize and the employees eat all of that. And get next to nothing of the upside.
If you want the upside... buy the stock. How do people not understand this?
Posted by NOLAVOL16
Member since Jan 2022
898 posts
Posted on 9/6/22 at 11:14 pm to
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 by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 9/6/22 at 11:16 pm to
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 by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 9/6/22 at 11:17 pm to
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 by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 11:18 pm to
quote:

Still waiting on examples.
I suspect we all know why you can't find them.

quote:

they just don't hire loser, unmotivated employees.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 9/6/22 at 11:20 pm to
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 by SDVTiger
Cabo San Lucas
Member since Nov 2011
88370 posts
Posted on 9/6/22 at 11:21 pm to
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 by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 11:22 pm to
quote:

"Well pay you as little as possible
You need to figure out the diffrence between an expense and an asset.

quote:

but you can buy stock with what we give you and you too can become a millionaire."
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.

Take someone like XOM... $100 million in "savings"... works out to... $0.025/share.
Posted by Taxing Authority
Houston
Member since Feb 2010
61079 posts
Posted on 9/6/22 at 11:23 pm to
quote:

I suspect you don't have any examples to back up your claims.
Ok. Let's see your list of every "bad" company on the planet.
Jump to page
Page First 11 12 13 14 15 ... 19
Jump to page
first pageprev pagePage 13 of 19Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram