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The hazard of retention is creating dependency. Dependency means, not just high bus factor, but opening yourself (the business) up to being vulnerable to anothe
by hayst4ck 4y ago
The hazard of retention is creating dependency. Dependency means, not just high bus factor, but opening yourself (the business) up to being vulnerable to another person's superior negotiation position. Then CEOs/boardmembers would have to spread their wealth rather than hoarding it all for themselves. Without a way to force CEO/boardmembers to spread their wealth (unions), I think we can expect companies to do what is in their best interest, maintaining a monopoly on power by ensuring no dependencies.
- hot_gril 4y agoAs a rank and file employee, I'd not want to work with others at my same level who've made the company depend on them disproportionately to their level. Those exist, and they tend to obstruct progress.
- maerF0x0 4y agoThis behavior is a self serving behavior that is in contradiction with maximizing shareholder value. Reliance upon a reliable person is can be very profitable for all involved. Of course humans are apes in suits and will actually maximize their own personal interests regardless of what the laws or their job description says.