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An employer is just the employee of next the customer up the chain, and for various reasons, rising interest rates being a big one, that next customer is puttin

An employer is just the employee of next the customer up the chain, and for various reasons, rising interest rates being a big one, that next customer is putting the squeeze on its employees so each link down the chain also starts to feel the squeeze.

rexreed 4y ago
I am not understanding your sentiment here. Are you forgiving any employer excesses because they have to respond to someone else? Is there really no limit or accountability? How about the buck stops with the bad employer.
- randomdata 4y ago
  > I am not understanding your sentiment here. Because there is no sentiment. Information does not have feelings.
- guhidalg 4y ago
  I think you misunderstood what he said. We are all links on a chain where employers pay us, customers pay our employer, and someone pays our customers. When the source of all the money starts to dry up because of rising interest rates and supply shocks across the world, customers and employees will respond naturally by tightening their purse strings, which ultimately affects how much money we get paid in cash and benefits. You would do the same too if your salary was suddenly slashed by 20%. Does that excuse employers from treating you like shit? No, but it also doesn't excuse you from staying there if they do. You can always communicate with your employers about your grievances, and if they are not addressed your ultimate power is to leave that job. You should not underestimate what employers will do to retain someone...
bobkazamakis 4y ago
>An employer is just the employee of next the customer up the chain Well that customer must be a real moron to pay so much money for a CEO, which apparently they pay more money than they spend on whatever the actual product is.
- randomdata 4y ago
  The CEO is the employee of the board, so the board may be moronic, but they also need someone they can trust deeply. That is why they aren't afraid to spend a lot to secure the one they do trust. Almost nobody on earth has established that kind of trust with the board, so the pickings are slim. Basic supply and demand, as always. The board works for the shareholders. The shareholders are the employee of the next customer in line.

rexreed 4y ago

I am not understanding your sentiment here. Are you forgiving any employer excesses because they have to respond to someone else? Is there really no limit or accountability? How about the buck stops with the bad employer.

randomdata 4y ago
> I am not understanding your sentiment here. Because there is no sentiment. Information does not have feelings.
guhidalg 4y ago
I think you misunderstood what he said. We are all links on a chain where employers pay us, customers pay our employer, and someone pays our customers. When the source of all the money starts to dry up because of rising interest rates and supply shocks across the world, customers and employees will respond naturally by tightening their purse strings, which ultimately affects how much money we get paid in cash and benefits. You would do the same too if your salary was suddenly slashed by 20%. Does that excuse employers from treating you like shit? No, but it also doesn't excuse you from staying there if they do. You can always communicate with your employers about your grievances, and if they are not addressed your ultimate power is to leave that job. You should not underestimate what employers will do to retain someone...

bobkazamakis 4y ago

>An employer is just the employee of next the customer up the chain Well that customer must be a real moron to pay so much money for a CEO, which apparently they pay more money than they spend on whatever the actual product is.

randomdata 4y ago
The CEO is the employee of the board, so the board may be moronic, but they also need someone they can trust deeply. That is why they aren't afraid to spend a lot to secure the one they do trust. Almost nobody on earth has established that kind of trust with the board, so the pickings are slim. Basic supply and demand, as always. The board works for the shareholders. The shareholders are the employee of the next customer in line.