3 ms·
This is my answer and I see it in the board room. Management feeling a lack of control as the leverage has shifted to workers is a major point of contention rig
by conductr 4y ago
This is my answer and I see it in the board room. Management feeling a lack of control as the leverage has shifted to workers is a major point of contention right now. Management is responsible for controlling costs and they have basically no control. They're also rich enough they are tone deaf to what inflation does to people at the lowest income levels. Generally they're also old enough to be tone deaf of all of the economic problems that younger generations have faced (student loans, underemployment, gig economy, etc). They also usually like to control productivity, so this is where the production of salaried employees comes into question - especially around WFH where the company/management is not bought in on that construct.
A recent example that almost made me laugh in the meeting, some of our senior living businesses have had major staffing issues (the industry pays nothing to do what is a difficult and disgusting job). Employees basically gave up working overtime or picking up extra shifts, etc. When asked why we don't leverage them more, the operations guys gave a couple politically correct answers but they kept getting drilled by some members of senior management (basically telling him to do what ever is needed to force these people to work and do it with no extra budget! ) so the guy said something like "look, we pay these people $12/hr to wipe old people's asses. They all have second and third jobs and we're almost certainly not even their #1 employer if given a choice. They literally can not get called in or pick up extra shifts when it's needed by us. They're already working a shift somewhere else. We need to pay them enough to give a damn or overstaff so there's always someone available. Both costs money but our businesses problems are not theirs so you choose"