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re: This is whats wrong with corporations these days
Posted on 1/15/26 at 12:24 pm to TulsaSooner78
Posted on 1/15/26 at 12:24 pm to TulsaSooner78
quote:
They band together and vote for each others compensation packages.
^^ This Right Here ^^
It is an exclusive club, and most of us are not in it.
I've been asked to vote on executive pay, among other things, for companies I'm a direct shareholder of. So maybe you both should stop being little bitches and make life happen, rather than wait for it to happen to you.
0
Posted on 1/15/26 at 12:51 pm to i am dan
quote:
Be an executive then. Seems that's where the good money is.
You have to go to the right school, know the right people, or be DEI for that.
Posted on 1/15/26 at 1:28 pm to boxcarbarney
quote:
A pizza party on casual Friday is a slice of heaven. But make sure you clock out every time you grab a slice of pizza. They're not paying you to stuff your face.
Worked for a Fortune 500. We had 500,000 man hours with no lost time accidents on a project. The big wigs came by, gave us a speech, a duffle bag, and a soggy sandwich then, on their way out, told us to take $15 off our per diem for the day because they provided us lunch.
This post was edited on 1/15/26 at 1:29 pm
Posted on 1/15/26 at 1:50 pm to upgrayedd
quote:
Worked for a Fortune 500. We had 500,000 man hours with no lost time accidents on a project. The big wigs came by, gave us a speech, a duffle bag, and a soggy sandwich then, on their way out, told us to take $15 off our per diem for the day because they provided us lunch.
When I worked for the bank, one quarter I was the top seller of CDs and HELOCS in the entire company. I was normally top 5 in the region. The DM made a huge deal out of it, and told me that she was going to make sure I got something special from the bank for all the hard work I put in.
2 weeks later I received a stack of company branded post it notes.
Then I got dinged on my quarterly review because I missed my insurance sales goal by something like $1000
I'm so glad I don't work in corporate America anymore.
Posted on 1/15/26 at 1:55 pm to FLObserver
quote:
This is whats wrong with corporations these days
quote:
CEO
quote:
her
Posted on 1/15/26 at 2:05 pm to baldona
quote:
If O&G people are working 2-3x as hard now, why were they only putting in 30-50% effort in the first place?
You do realize that optimal utilization for sustainability is around 70%, right?
You also realize that people aren’t replaceable and interchangeable cogs? One persons 30% might be another’s 10.
You are a poster child of examples of bad management presumptions and mentalities. And I say that as a manager.
quote:
Because they certainly can’t do more than 100% effort.
Precisely the point. They either just quit immediately or try to hang on and just get overwhelmed and burnt out trying. Either leaving or their own accord or terminated because they couldn’t keep up with everything as performance slips
This post was edited on 1/15/26 at 7:01 pm
Posted on 1/15/26 at 2:05 pm to FLObserver
Some book I once read made the point that years ago, probably through the 70s, the CEO of a corporation was part of the same community with his employees. Yeah, he lived on the lake or up on the hill in a beautiful house and rode around in a limousine, but he was part of the community. His salary was 10x the next highest paid but he lived 15 minutes down the road.
Now, in a global economy, the CEO has never been seen at your workplace and nobody you work with has ever met him. You might in a round about way know what city he lives in but you darn skippy ain’t bumping in to him at the bakery. Now he flies around in the corporate jet and makes 1000x the next highest paid.
I forget the name of the book but there is some truth to that.
Now, in a global economy, the CEO has never been seen at your workplace and nobody you work with has ever met him. You might in a round about way know what city he lives in but you darn skippy ain’t bumping in to him at the bakery. Now he flies around in the corporate jet and makes 1000x the next highest paid.
I forget the name of the book but there is some truth to that.
Posted on 1/15/26 at 2:26 pm to boxcarbarney
quote:
2 weeks later I received a stack of company branded post it notes. Then I got dinged on my quarterly review because I missed my insurance sales goal by something like $1000
“You should be grateful for getting a gift for just doing your damn job. If you don’t like it, maybe you should just be a district manager yourself.”
-The OT
Posted on 1/15/26 at 2:31 pm to TigersSEC2010
quote:
Nothing ever gets better, only shittier and more expensive.
Because half of the country votes against its own interests every four years and then blames the other half
Posted on 1/15/26 at 2:40 pm to FLObserver
I have a colleague leaving soon, which means more work for the rest of us. What I don't understand is, until they onboard her replacement, why the rest of us aren't receiving our share of what she would have been at the time as compensation for the extra workload that we're taking on.
That money isn't being given to her anymore, why is it not going to us when we're absorbing her work? And I ask that genuinely, it doesn't make sense.
You want to be happy for a colleague leaving, but in the back of your mind, you think, "Oh shoot, I'm screwed."
That money isn't being given to her anymore, why is it not going to us when we're absorbing her work? And I ask that genuinely, it doesn't make sense.
You want to be happy for a colleague leaving, but in the back of your mind, you think, "Oh shoot, I'm screwed."
Posted on 1/15/26 at 2:42 pm to Volvagia
quote:
The real killer are the golden parachutes they get. They’ll “trim the fat”, compromising long term goals and leaving the company exposed to when over performers check out after suddenly being expected to do the work of 2-3 for the same pay.
Then things begin to crumble. They get fired. And get paid 8 figures for their trouble.
100%.. Need a derivative suits on the boards for these awful contracts not tied to the LONG term progress of the company. Hold some of those golden parachutes in an escrow.
Posted on 1/15/26 at 2:45 pm to pelicansfan123
quote:
I have a colleague leaving soon, which means more work for the rest of us. What I don't understand is, until they onboard her replacement, why the rest of us aren't receiving our share of what she would have been at the time as compensation for the extra workload that we're taking on.
That money isn't being given to her anymore, why is it not going to us when we're absorbing her work? And I ask that genuinely, it doesn't make sense.
You want to be happy for a colleague leaving, but in the back of your mind, you think, "Oh shoot, I'm screwed."
And here you are assuming they are actually going to backfill the position. If yall can float it without her, why hire another person?
Posted on 1/15/26 at 4:27 pm to HouseMom
quote:
I would say shareholders take on a ton of liability just by investing.
They take on literally zero liability; all they can do is lose their investment. Sure, people who make stock equity investments want them to go up and are sad if they go down, but that's not the same thing. If you don't understand that distinction, you're not going to understand the point I'm making.
Posted on 1/15/26 at 4:57 pm to Joshjrn
Citi is in a unique situation due to the transformation Jane has been putting it through. It was in a bad place and unfortunately for some people to fix a company and make it better it does come with trimming some fat. Of course they are going to say people matter. That’s politics 101. She’s not going to come out and say we need to get rid of some overpaid idiots.
Posted on 1/15/26 at 5:01 pm to DownshiftAndFloorIt
quote:
And here you are assuming they are actually going to backfill the position. If yall can float it without her, why hire another person?
Well, they have tried to go with one less person in the past and during the busy seasons it's just too much work for the office to handle.
Now, would I be totally shocked if they decided to just not hire someone? No.
Posted on 1/15/26 at 5:29 pm to Joshjrn
quote:
If you don't understand that distinction, you're not going to understand the point I'm making.
Then explain it differently, if you don't mind.
Posted on 1/15/26 at 5:41 pm to TigersSEC2010
quote:
Nothing ever gets better, only shittier and more expensive
This is the proof the world is broken.
Most of my life products got better or cheaper. The last 10-15 years it's been a noticable change.
Prices are going way up, the quality of products going down and the service is non existent.
They big corporations have rigged the game so that they no longer have to even try.
Posted on 1/15/26 at 5:45 pm to HouseMom
quote:
Then explain it differently, if you don't mind.
If I invest in “a business”, I can not only lose what I invest, but if that business makes decisions that takes on debt or injures people, I’m also liable for those debts and damages.
If I invest in “a corporation”, I can only lose what I invest. No matter what the corporation does or doesn’t do, it has zero effect on me whatsoever. They could take on billions in debt or cause super cancer, my worst case scenario is that I lose what I invested.
That difference markedly affects behavior.
Posted on 1/15/26 at 6:00 pm to Joshjrn
Thanks for the clarification, although that is what I thought you meant. I was only saying that shareholders can lose a lot just on the investment alone if the company crumbles. Your example is worse, for sure.
ETA: I don't mean that you gave a bad example, only that the outcome is worse.
ETA: I don't mean that you gave a bad example, only that the outcome is worse.
This post was edited on 1/15/26 at 6:20 pm
Posted on 1/15/26 at 6:10 pm to BabyTac
quote:
Work from home = bare minimum at best. Has ruined the work force.
Poor little BabyShit. Are you crying again? I work 12-14 hours most days. Sometimes 16-21 hours. Meanwhile, your sorry arse is leaning on the exit door at 4:55 after half-assing your lowly job all day. No companies are dumb enough to hire you for WFH because you would do exactly as you accuse others of doing. Luckily, they recognize stupid when it shows up.
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