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My prediction is that this strategy will work out better for the companies than the article expects. Why? Because firms are actually often absolutely lousy at r
by moomin 8mo ago
My prediction is that this strategy will work out better for the companies than the article expects. Why? Because firms are actually often absolutely lousy at recognising which of their employees are high performers in the first place.
- cyanydeez 8mo agoThe risk-reward of over paying employees who are risk adverse is why this works for most employers.
- 3eb7988a1663 8mo agoIt is a tough job market. Minus the very top echelon of talent, switching jobs today is a lot more challenging than in the past. Management knows this and can shave a few pennies off the books by capitalizing on this moment.
- bdangubic 8mo agoit is management that is successfully convincing people that it is a tough job market - it is not - it is same as before. I am a contractor, have more work offered than I can take (same as before, maybe even slightly more). four friends/former colleagues got new jobs since the beginning of December, each had multiple offers and got decent to significant pay increases compared to previous positions.
- rythmshifter 8mo ago14 months can’t find IT ops remote work
- 486sx33 8mo ago[dead]
- mrgoldenbrown 8mo agoI think remote work peaked and is slowly declining now, for better or worse.
- bdangubic 8mo agoremote work is pretty much done, if you are looking for 100% remote work you'll have a very hard time finding it unless you get a job through a referral of a former colleague or something like that
- lovich 8mo agoIf we’re doing anecdata I haven’t been able to get w-2 work in over a year and have been taking sporadic contract work. I’m several hundred applications in and have hired a recruitment firm to help me find positions. Multiple companies where I referred by friends of mine declined to even phone screen and then those respective friends reported that the position was closed and they were given zero info as to what was happening.
- catsquirrel28 8mo agoMaybe that's because most jobs are Graberesque bullshit jobs where "high performance" is meaningless. Most jobs shouldn't exist at all. The value captured by "firms" should instead be captured by the state and distributed peanut butter style to everyone.
- craftwerk 8mo agoI also found his thesis compelling, but it’s built on bad social science: https://open.substack.com/pub/gilpignol/p/bullshit-jobs-was-bullshit https://open.substack.com/pub/gilpignol/p/bullshit-jobs-was-...
- pc86 8mo agoHow exactly should the state "capture" value generated by these firms? Would it pay the employees more? What would the competitive advantage be? If the jobs are bullshit, why wouldn't some other firm capture the same value without those jobs, making even more profit with less overhead?
- notnullorvoid 8mo agoYup, it's a bad feeling hearing that lower performers are getting payed more than you.