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I don’t know what the culture at New Relic is like, but if the CEO of my company told us to work harder, there would be a coup. Everyone who still has a job kno
by codezero 6y ago
I don’t know what the culture at New Relic is like, but if the CEO of my company told us to work harder, there would be a coup. Everyone who still has a job knows they are lucky, and is working at 150%, losing sleep, and experiencing a lot of strain on their lives on top of the strain of the state of reality. Nobody is asking for a pat on the back, but it takes its toll. I wouldn’t tolerate my CEO doing this, but that’s easy to say - since mine didn’t, and as said earlier, I have a job.
It’s pretty despicable for a CEO to do this, at a time like this.
- Google234 6y agoYou do understand that not every company is the same as yours, right? Maybe there is a bad culture there and perhaps the ceo has information that you don’t have? Also, since when did criticism became despicable in the virus crisis?
- aaomidi 6y agoWhat did I just read. Wonder how much does this CEO work and what their effective hourly wage is.
- HeyZuess 6y ago> Wonder how much does this CEO work and what their effective hourly wage is. If employees are paid fairly, then should it matter? As a founder and an owner I gather, it means less, as a publicly traded company it means a little more. But in the big picture, it matters very little if employees are duly compensated. BTW he has a boss (or bosses) also (or investors, boards, customers).
- aaomidi 6y agoYes very much so. The workers are producing the value (CEO is also a worker). Is the CEO producing x times the value of their average worker? If not then that compensation doesn't make sense and in effect is stealing from others who are producing that value. Any other view is justifying stealing from people just because they're "well compensated."
- HeyZuess 6y ago> Any other view is justifying stealing from people just because they're "well compensated." That ideology hasn't worked to well in the past. > If not then that compensation doesn't make sense and in effect is stealing from others who are producing that value. While I admire the premise of this line of thinking, this is not how Capitalism works. It is also very difficult to quantify value also, how does person X compare to person Y doing the same job compare in regards to the term of value. If person X has more seniority, or maybe less but greater skills, produces more etc. Let alone person X and Y who are equivalent, but work on different parts of the machine. Heck devs are drastically more valued at the moment than receptionists but receptionist may work harder. Now I sit somewhere between Ayn Rand and a Socialist, but I definitely believe in Capitalist ideals, that a person should be paid on their market value, and profits are made for those on top in regards to what value the entire machine produces. Those in the middle shouldn't suffer though, but that can never be attributed to theft (there are a few cases which escape this), unless you take on a more Communist idealism.
- aaomidi 6y agoI completely disagree with you and capitalism is an immoral system of economy. It might have been a necessary transition but as it stands right now it's ruining the world bit by bit. It's also still theft no matter what system of economy you believe in. If someone is taking the compensation of the value you're adding to the economy, that's theft.
- HeyZuess 6y ago> completely disagree with you and capitalism is an immoral system of economy. As I said I stand between an Ayn Rand type of system and and a socialist system. So while I think Capitalism is definitely the better options, I don't deny it's failings. > It might have been a necessary transition but as it stands right now it's ruining the world bit by bit. There are obviously areas it can be improved, however as it stands there are a lot more benefits than problems. > It's also still theft no matter what system of economy you believe in. > If someone is taking the compensation of the value you're adding to the economy, that's theft. If people are compensated for their work then it isn't theft, when you agree to sell X (you effort) for Y (money), especially where Y is not capped in too many ways then it is not theft. Remember person isn't adding the entire value to the economy, the company is, the product is. And it is fine if you disagree.
- codezero 6y agoYes. Maybe, but I don’t think it makes it any more defensible. during a time like this I expect a CEO to take charge, be a leader, and make a steady plan for the future of the company, not punish people.
- PragmaticPulp 6y agoWithout the company context or even the text of the memo, we’re all just guessing and projecting. I’ve left a company before because there were no negative consequences for the people who were slacking off. When you’re putting in 150% because the other guy on your team is only putting in 50%, it gets old fast. The good people leave for more productive environments while the slackers tend to accumulate. No one likes being on the receiving end of a memo to work harder. Ideally the CEO would have taken a more discreet, targeted approach to performance problems. However, it really is better for everyone to have the situation and goals laid out in public without sugar coating it.
- codezero 6y agoIt really isn’t better. It’s a sign of a completely dysfunctional company that won’t find any esprit de corps under such a infantile outburst. I expect this CEO will step down within a week.