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It's short term quarterly thinking. Get my review and bonuses and get out. If any manager thinks the company will be around, he doesn't really care. He's not in
by a3n 10y ago
It's short term quarterly thinking. Get my review and bonuses and get out. If any manager thinks the company will be around, he doesn't really care. He's not in it to build a company or a legacy or pride, he's there to get his money and get out.
Driving your workers as fast as possible maximizes your bonus. Who cares what happens in ten years?
- jz87 10y agoYeah if you read the article what you see is companies saving $7000 to avoid installing safety devices that ended up causing injuries that costed them multi-million dollar payouts in lawsuits. The thing is, the incentives to the executives making these decisions is skewed. If they avoid investing in safety equipment, they make their bonuses, which can add up as long as nothing too bad happens. Yet if there is a serious injury costing the company millions, the worst thing that can happen is they lose their jobs. For senior executives, the bonuses can be larger than their base salaries, so the upside is larger than the downside.