this post was submitted on 13 Jan 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] Showroom7561@lemmy.ca 65 points 10 months ago

as a scapegoat for ~~bad firm performance,’ new research finds~~ poor leadership

We need to call it as it is. If managers, owners, CEOs, and other leadership haven't been able to make remote work positive and productive for their workers, then they can't do their jobs and should be replaced.

FFS, it's been nearly four years that remote work has been common place, and before that, companies were still using remote work with none of these problems.

[–] qyron@sopuli.xyz 42 points 10 months ago (1 children)

When the layoffs start, it will also be because of the employees.

[–] RedditWanderer@lemmy.world 42 points 10 months ago (2 children)

I mean, have they not started? Pretty sure I lost my job earlier this week in a mass tech layoff, more to come next week.

The kicker is we saw the bad decision coming, we told them, we protested with all we had. They admitted that is was their fault, but now need layoffs.

100% of the executive team was kept on board, the.CEO saying that they have been punished enough with the stock price. So yeah, doesn't matter who is to blame and if you caught them red handed, it would still be your fault. Theyre laughing at us.

[–] TWeaK@lemm.ee 18 points 10 months ago (1 children)

the.CEO saying that they have been punished enough with the stock price.

Yes because making less profit is the same as losing your entire income.

[–] RedditWanderer@lemmy.world 4 points 10 months ago (1 children)

A lot of people are paid a decent part of their comp through stocks too, they almost double my salary over the 4 year vesting period.

[–] spacecowboy@sh.itjust.works 16 points 10 months ago (2 children)

No offence, but fuck shareholders. They’re a giant part of society’s woes.

[–] qyron@sopuli.xyz 10 points 10 months ago

This is an ideal concept but for me a shareholder should be like a private financer that holds an interest on a company that gets sacked the moment the capital they lent is returned with interest.

I could not care less if a company I was invested in stated it was aiming to have a fixed yearly profit of X amount, no more, no less. That would send a clear message the company would be aiming for quality in their products/services and trust with their clients, with no funny ideas behind the scenes to squeeze pennies and dimmes in blood from the employees.

Oh, and as a shareholder, the last thing I would want would be a CEO or whatever chair aiming for bonus: you earn a salary, get benefits, that is it. If you get the boot, you are just another employee, not a rockstar.

[–] RedditWanderer@lemmy.world 3 points 10 months ago* (last edited 10 months ago)

It's free money for me, I don't hold any other stocks, it's just because they give them.

I signed a deal for around 10k stocks over 4 years (worth 250k at the time, worth 350k now), in top of my full salary.

Would you say no? Haha

[–] vagrantprodigy@lemmy.whynotdrs.org 9 points 10 months ago

My company has done 6 layoffs in the past 18 months, all because of a bad bet the previous CEO made. It's amazing how one person can tank a company, cost 100s of people their livelihoods, and walk away with a golden parachute and a new job of equal level at another larger company.

[–] baggins@lemmy.ca 10 points 10 months ago (1 children)
[–] TWeaK@lemm.ee 15 points 10 months ago

Better yet, here's the paper itself: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4675401

It's not yet been peer-reviewed, though, but it is at least free to access.

[–] Brkdncr@lemmy.world 7 points 10 months ago

The problem I’m dealing with is that there are real benefits to having people in situations where chance interactions occur and forced socialization at the expense of work productivity, but upper management doesn’t focus on that. They are focused on pushing the RTO agenda without explaining their desired goals.