3 ms·
It's short-sighted because employees are humans, which perform much better when healthy and excited to work. Stingy/hostile employers have high turnover and emp
by wpietri 5y ago
It's short-sighted because employees are humans, which perform much better when healthy and excited to work. Stingy/hostile employers have high turnover and employees who treat work as a zero or negative sum game.
A good example of this is the This American Life story on NUMMI: https://www.thisamericanlife.org/561/nummi-2015 https://www.thisamericanlife.org/561/nummi-2015
Toyota took one of GM's worst plants and turned it into one of its best by treating workers with respect. Hearing the workers talk about the transformation stunned me.
- qqtt 5y agoEmployers are also human, and prone to the fallible traps of responsibility that befall many people managers and executives, including but not limited too: * not trusting your team to do their work and by extension questioning whether they are working "hard enough" (or dreaming of ways to extract more blood from stones) * some flavor of impostor syndrome, needing to prove your value by making sweeping changes to the team process even if inheriting a successful team * not having either the back bone or clout to question status quo, including demoralizing cultural habits such as stack ranking There is a reason the majority of employers (including managers) are generally bad and the good ones are few and far between - it's human nature. I'm reminded of Microsoft Japan piloting a 4 day work week and announcing in 2019 that the trial ended up increasing productivity by 40%. They ended up not making the change permanent. One small company in New Zealand - Perpetual Guardian - did the same trial in 2018 and saw the same effect, they made it permanent. Most companies operate like Microsoft.
- ErikVandeWater 5y agoAre you suggesting basically every retail chain in America is using a fundamentally broken compensation system?
- wpietri 5y agoYes, because basically every retail chain a) can dump a lot of externalities on society at large, b) is or wants to be publicly traded and evaluated on very short-term metrics, and c) is run by believers in the managerialist ideology that dominates American business culture. Broken systems product broken systems.