5 ms·
I've noticed that many companies fail to recognize this, and hire two types of employees 1. Good ones who take the job for some reason, realize there are better
by rbcgerard 10y ago
I've noticed that many companies fail to recognize this, and hire two types of employees 1. Good ones who take the job for some reason, realize there are better options and leave shortly and 2. Bad ones that stay
Rinse and repeat, and the cycle gets shorter, and the problems get bigger
- cmdrfred 10y agoI call it the burn and churn model. Game studios and IT MSP's both engage in it habitually. The firm I work for has a 200% yearly rate of churn for IT managers. They expect 24/7/365 on call and pay below market. Really its just a place where people go until they find a new job.
- Balgair 10y agoI wonder how AI will affect those business models? If you can on-board and find employees so quickly that you can sustain the burn-n-churn, then I think an AI would do it better and faster and not be fired either.
- Noumenon72 10y agoI was hoping that the article would get into this kind of business model. There are also a lot of low-end jobs where a good employee is simply wasted because their business model relies on cheap workers who quit after a few months. There is a sub-economy where these people travel on a carousel of new jobs, never having to deal with boredom setting in. So there's always plenty more of them, and you never have to match their 401(k).