this post was submitted on 21 Mar 2024
1359 points (100.0% liked)
Technology
70440 readers
2755 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I wish I had understood this years ago. I probably would have found a better place to work.
Ehhhhh
Stock price is absolutely tied to the perceived performance and anticipated future performance of the company.
The problem is that most departments of a company are profit centers and therefore there is a huge incentive to squeeze the most return (product features, sales, etc) from that investment (your salary). They will abuse you just hard enough so you don't quit. Or they will abuse you endlessly because the churn is factored into it.
The company doing well is only loosely tied to morale. Yes happier employees probably perform better but it's not the best return on the investment.
Companies don't serve staff. Staff is a necessary evil to them.