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Did my old job only exist because of fraud?

david.newgas.net

171–180 of 457 posts

Re: Did my old job only exist because of fraud?

#171

Earlier quoted context omitted.

I decided to take the advice of my lawyers who specialized in the topic of government projects. Based on the budget someone could have easily gone to prison and it probably would have been me because it looked like I was billing 80-hours a week when it was just one of many projects and so I was actually billing ~20/wk. The $1M threshold wasn't an anecdote - at the time it really was the limit in project size for pris…

If you were salary and not benefitting from it, there's literally no chance you would have gone to jail. This was the equivalent of panicking about running a yellow light in terms of overreaction. The only thing you had to do was write an email, cc your personal email, and tell your boss you think the punches are messed up and that they reflect more than you worked. Your boss would tell you not to worry about it and…

Your faith in the criminal justice system amuses me.

Re: Did my old job only exist because of fraud?

#172
I'm sorry, this sucks. It must be painful to know that you were used to defraud people, and that you worked for years on something which was never intended to be successful.

From my perspective, you're a victim of this fraud too. I think the pursuit of meaningful work is an important way many people find meaning in life, and it sucks that someone took advantage of you. From this piece, I get the impression that you would never have spent so much time and effort on this role if you had known it was just a way to scam investors.

So, don't be hard on yourself. It's normal to feel guilty, but if you didn't have a perspective on the entire company or knowledge of the fraud, I don't know what you could have done.

Re: Did my old job only exist because of fraud?

#173
post #75

Earlier quoted context omitted.

when i worked for an australian bank, one co-worker in a nearby team had been working on the the banks systems as a sysadmin for over a decade. the bank would go through cycles of "we need to reduce our headcount and outsource everything" and then 4 years later "we need to reduce spend on contractors and retain more knowledge and expertise in house". he'd survived multiple waves of it, switching back and forth betwee…

Managers love the idea that contractors can be fired more easily than employees. Except that this flexibility comes at a cost; people insist on being paid more to have an insecure job. The uncertainty never goes away. You can pay someone else to suffer it, but it will always cost more than dealing with it yourself. And that can be ok. Just don't fool yourself into thinking you're getting a bargain.

> Managers love the idea that contractors can be fired more easily than employees. Except that this flexibility comes at a cost; people insist on being paid more to have an insecure job.

This is true, but it's not the whole of it. In some cases the manager goes to a cabin in the woods to drunkenly shoot at moose with the head of the contracting company.

It's a saying that "the purpose of a system is what it does". I think it's a pretty dumb saying. But it is often worth talking a look at a system and see if the "mistakes" it makes (such as wasting money on contacting companies) aren't in fact desired by some people in the system.

Re: Did my old job only exist because of fraud?

#174
I look at everything now as a journey not a destination. When connecting one's work carrier with a bank, one must keep in mind that some other people might have joined the organisation because of quite distinct reasons than we did. So yes there might be a fraud ongoing in our company, but it's not our fault

Re: Did my old job only exist because of fraud?

#175

Earlier quoted context omitted.

> The owner was the son of an old school magnate out of PA. If you have a lot of money it’s fun to LARP the startup life. The experience working for such a company is highly varied and completely depends on the personality of the founder. But even if it’s a healthy place, it’s usually a black hole from a career development POV.

I know someone who is an accountant for very wealthy people and quite a few seem to have useless children whose failing businesses they bankroll.

Startups are like sports cars nowadays. People think it makes you look cool if you own one.

It doesn't matter if it costs a lot of money to maintain. Yachts and sports cars do the same. That's actually like the whole point of it, after all.

Re: Did my old job only exist because of fraud?

#176
post #10

Fraud aside, I think a more common thought among developers is > Did my old job only exist because the Product Owners didn't realize we didn't have product-market fit?

Well, that might be part of the reason why it's your old job and not your current one. :)

Re: Did my old job only exist because of fraud?

#177

Earlier quoted context omitted.

Then you can argue why you still need the budget. It May make sense to temporarily allocate a bigger budget immediately to do those things instead of delaying, trying to save.

Congratulations. Your budget is now permanently smaller because your appeals are completely irrelevant to the machine and you get to do less. Forever. Maybe you have to fire some people.

If you don't need a big budget then yes you should continue onwards with a smaller budget. That's not a surprising conclusion.

Re: Did my old job only exist because of fraud?

#178

Earlier quoted context omitted.

Don’t those uniformed maintainers get reassigned to other military jobs or are they allowed to work as a contractor while being active military?

Sometimes they do but often they quit because the work life balance is much better.

If you’re enlisted (or even commissioned in most cases), you quite literally don’t get to quit.

Re: Did my old job only exist because of fraud?

#179

Earlier quoted context omitted.

Managers love the idea that contractors can be fired more easily than employees. Except that this flexibility comes at a cost; people insist on being paid more to have an insecure job. The uncertainty never goes away. You can pay someone else to suffer it, but it will always cost more than dealing with it yourself. And that can be ok. Just don't fool yourself into thinking you're getting a bargain.

I've seen this happen because of accounting/corporate finance policy. Payroll is an ongoing commitment. Consultancy is a temporary service. Moving people from payroll to consultancy means they can reduce overhead in financial projections. Even though consultancy costs more, and employs the same people, it makes sense to do if it means you can convince shareholders and analysts that Opex will shrink in the future, and…

The problem arises when moving someone from payroll to consulting creates the illusion they are not necessary.

Re: Did my old job only exist because of fraud?

#180
post #97

Earlier quoted context omitted.

> Even with the best documentation people will build up knowledge that no one has I think that's the part management teams are missing. They assume that employees are just human resources and they can replace a senior engineer with a 100% equivalent one when needed.

I worked for a large US bank that has a 10% biannual attrition target at all levels across the company. Twice a year they PIP 10-15% of staff, most of whom take a substantial buyout. Institutional knowledge is constantly being lost and experienced staff are being replaced with fresh cohorts of new grads, who then get replaced themselves right as they start becoming useful. I knew multiple people there who made more i…

Does the approach apply to senior management?
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