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Loyal to the Company

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91–100 of 107 posts

Re: Loyal to the Company

#91

Earlier quoted context omitted.

That does not need to be a part of it. Governments can choose to pay market rate for labor and not waste money in the long term.

.. and yet, almost none do. Maybe they see it differently from you?

Singapore does, which is why the government is so efficient and effective at almost everything it does.

Re: Loyal to the Company

#92

Earlier quoted context omitted.

.. and yet, almost none do. Maybe they see it differently from you?

They have the ability to punt today’s labor costs to future taxpayers via unaccounted debts in the form of underfunded defined benefit pensions and retiree healthcare. So what they see is promise low taxes today, get votes today, let tomorrow’s taxpayers deal with debt problems. I cannot blame them, the voters give the leaders the wrong incentives.

Now you've got it.

Re: Loyal to the Company

#93

Earlier quoted context omitted.

.. and yet, almost none do. Maybe they see it differently from you?

Singapore does, which is why the government is so efficient and effective at almost everything it does.

Singapore has a land area equal to Lake Taupo in NZ.

Re: Loyal to the Company

#94

Smaller, family-owned companies can be loyal to a fault. Long-time employees can be hard to get rid of. One good deed, closing one big deal, sticking with the company during tough times, being buddies with the right people... A lot of owners can be sympathetic to certain people as well. Keeping employees that miss work for any excuse, moochers that get raises for no reason, bad performers, it can be tough for other e…

HN, sticking up for Corporate Man even on a Dilbert comic.

I wonder if you've ever had the pleasure of working for a small company full of the owner's incompetent friends and family. Loyalty is nice within reason, but it can be pathological.

Re: Loyal to the Company

#95

Earlier quoted context omitted.

Singapore does, which is why the government is so efficient and effective at almost everything it does.

Singapore has a land area equal to Lake Taupo in NZ.

What does that have to do with the competence of the civil service?

Re: Loyal to the Company

#96
post #74

Earlier quoted context omitted.

As described, it is literally survivorship bias: > They work forever at one place, maybe survive a few layoffs [emphasis added]

> it is literally survivorship bias I think you need to look the term up if you want to use it correctly. It's about statistical sampling, not about generalizing from one or two examples. https://en.wikipedia.org/wiki/Survivorship_bias it does not merely refer to people who've survived at something.

>Whether it be movie stars, athletes, musicians, or CEOs of multibillion-dollar corporations who dropped out of school, popular media often tells the story of the determined individual who pursues their dreams and beats the odds. There is much less focus on the many people that may be similarly skilled and determined but fail to ever find success because of factors beyond their control or other (seemingly) random events.[16] This creates a false public perception that anyone can achieve great things if they have the ability and make the effort. The overwhelming majority of failures are not visible to the public eye, and only those who survive the selective pressures of their competitive environment are seen regularly.

From your link.

Re: Loyal to the Company

#97

Earlier quoted context omitted.

HN, sticking up for Corporate Man even on a Dilbert comic.

I wonder if you've ever had the pleasure of working for a small company full of the owner's incompetent friends and family. Loyalty is nice within reason, but it can be pathological.

I wonder what possessed you to think that I was sticking up for small companies. Or any kind of company.

Re: Loyal to the Company

#98

Earlier quoted context omitted.

I wonder if you've ever had the pleasure of working for a small company full of the owner's incompetent friends and family. Loyalty is nice within reason, but it can be pathological.

I wonder what possessed you to think that I was sticking up for small companies. Or any kind of company.

I didn't think that, quite the contrary. Since you seem to have trouble with comprehension, let me break this comment thread down for you:

- GP says that loyalty isn't always always a good thing because it causes small companies to keep incompetent or lazy employees.

- You make an ideological remark about how GP is "sticking up for Corporate Man" by saying that.

- I respond that yes, in fact, small companies often do employ useless people out of misplaced loyalty, perhaps you just haven't personally experienced it.

- You somehow misinterpret my comment as accusing YOU of sticking up for companies. I did not. Don't worry, I fully understand that your entire philosophy boils down to "companies bad".

- You are here.

Does that clear things up, or are you still lost?

Re: Loyal to the Company

#99
post #44

Earlier quoted context omitted.

I agree. The only reason it’s “inhumane” to lay people off is because of our horrible safety net and ridiculous cost of education. If we could solve those issues, then we wouldn’t need any loyalty from companies. Imagine if we had that in place and instead of the job destruction by ChatGPT being a tragedy, it was an opportunity to update our economy, with hundreds of thousands of people trained in new industries. Not…

> I agree. The only reason it’s “inhumane” to lay people off is because of our horrible safety net and ridiculous cost of education. It goes way beyond that point. Your tenure in a company requires you to specialize and develop your skills to meet the needs of your employer. When you are fired then the employability of those skills might be none or even detrimental to finding jobs anywhere else. The longest you work…

I agree with you that it’s extremely unbalanced. However, i would say that a decent enough safety net would make most of that irrelevant. The problem is that our livelihood depend on the empathy of employers, when in reality empathy doesn’t enter into the equation.

In fact asking for employers to use empathy only makes the problem worse. Because then the ones who actually have it use it, then they are surpassed by those without it. So the world is even more slanted toward those without empathy. It also prolongs the problem by letting people ignore the problem because it’s not that bad yet.

Companies run on machine language. Legalistic policies and KPI’s are a form of machine language. There’s no empathy in that. It’s no easier to make a company act responsibly and ethically toward people than it is to make a computer do so.

If we were working for computers, we wouldn’t expect them to give us quality of life out of the kindness of their hearts, we’d define the inputs and outputs, policies etc, and create a context that manages their lack of empathy and prevents it from destroying everything

Re: Loyal to the Company

#100
post #44

Earlier quoted context omitted.

I agree. The only reason it’s “inhumane” to lay people off is because of our horrible safety net and ridiculous cost of education. If we could solve those issues, then we wouldn’t need any loyalty from companies. Imagine if we had that in place and instead of the job destruction by ChatGPT being a tragedy, it was an opportunity to update our economy, with hundreds of thousands of people trained in new industries. Not…

>our horrible safety net This is intentional- an employee who feels secure is an expensive employee. Mitch Mconnell debating $200/wk Covid relief funding: "my god, they won't work!"

Not to mention the fed raising rates any time pay starts to go up. Because of the “natural rate of unemployment” that is artificially enforced
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