being a realist about how corporations value their “human resources
I was (and I guess still am) classic middle management. The day I went from “Cynical” to outright “radicalised” was when my previous employer told me that my staff would not be getting their yearly cost-of-living raise that year because “The Company didn’t make a profit.” Yet the company actually made 6 billion dollars in profit that year.
The issue is that some eggheads projected that they would make 7 billion, and giving raises would increase that shortfall and cause the stock price to drop by a few more cents than it otherwise would have. So in the corporate world, not making enough profit is equivalent to not making any profit and the workers get fucked.
But damn, did the head office muckity-mucks get THEIR bonus’ that year. Yessiree.
I was (and I guess still am) classic middle management. The day I went from “Cynical” to outright “radicalised” was when my previous employer told me that my staff would not be getting their yearly cost-of-living raise that year because “The Company didn’t make a profit.” Yet the company actually made 6 billion dollars in profit that year.
The issue is that some eggheads projected that they would make 7 billion, and giving raises would increase that shortfall and cause the stock price to drop by a few more cents than it otherwise would have. So in the corporate world, not making enough profit is equivalent to not making any profit and the workers get fucked.
But damn, did the head office muckity-mucks get THEIR bonus’ that year. Yessiree.