Are warehouse workers considered to be 'Zappos employees'? Will they also be managing themselves?
210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
311–320 of 327 posts
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#312Earlier quoted context omitted.
The death of pensions really did it. My wife and I each stumbled upon positions with a pension, and it seems as if the roller-coaster just stopped. We had no "loyalty" and moved around whenever the mood struck us, but now we look at the risk/reward of a more exciting job vs 25 years of stability and a secure retirement... it's not a hard decision to make.
Just be careful. I used to work at Nortel in Canada which at one point had over 90k employees. When I worked there, I believe they were making $18 billion a year in revenue. Profits appeared to be good. A few years later it turned out the "good profits" were actually accounting fraud. The company tanked and everyone lost their job. But Nortel had a fairly good pension system, so the people who had worked there for 25…
Look at the airline industry. Plenty of pensions have been restructured during the string of bankruptcies. Pensions are guaranteed by a federal body, but only up to ~$50K/yr I believe. You'll never get less than that, but you $100K/yr pension might get cut in half and the gov't will say "that's the best we can do".
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#313Earlier quoted context omitted.
I'm surprised the number of people taking the deal isn't higher. If I need religious zeal, I'll go join a religion.
There are reasons to stay besides religious zeal, too. I'm not certain how one can easily see this change as seriously threatening unless you're somewhere in the middle of the org chart. If you're at the bottom, hey, your day probably won't change that much (unless you hate your boss). If you're at the top, well, I've yet to hear that Mr. Hsieh is planning to abdicate.
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#314Earlier quoted context omitted.
It's a great place to work. There, you can no longer say "you never heard it's a great place to work". Sample size of 1, but I love it.
That brings the total count of satisfied workers I have heard from to 2.
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#315Earlier quoted context omitted.
"Just say no to drugs" - simple terms. Is it a valid social policy given other ways to reduce drug use? "From each according to his ability, to each according to his need". Simple terms. Does it lead to a workable political system? "Three-strikes law". Simple idea. Does it lead to good social policy? "Zero tolerance." Another simple idea. Does it lead to good social policy? "White man's burden." Does it justify the A…
A therefore B does not mean not A therefore not B
Otherwise the advice reduces to "don't trust long explanations". But if 1% of long explanations are valid and 2% of short ones are valid, then the statement is both true, and worthless as a way to detect validity.
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#316Earlier quoted context omitted.
"Just say no to drugs" - simple terms. Is it a valid social policy given other ways to reduce drug use? "From each according to his ability, to each according to his need". Simple terms. Does it lead to a workable political system? "Three-strikes law". Simple idea. Does it lead to good social policy? "Zero tolerance." Another simple idea. Does it lead to good social policy? "White man's burden." Does it justify the A…
Gersham's law is actually fairly valid, as well as being simple. The difference is that it isn't a statement of intent, it's a description of an inevitability.
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#317Earlier quoted context omitted.
How many people get a three month, paid vacation at any point in their life?
It's not a vacation if you don't have a job to come back to. I'd relax that first week, but then I would need to start job hunting. And this thought that "you can always find a new job" quickly might turn out to stop being true tomorrow, or not be true for your exact specialty or geographic location. (Especially if 210 other employees hit the job market the same time as you.)
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#318Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#319Earlier quoted context omitted.
You absolutely can make 400k or more by working as a developer in finance. I work in finance and have made more than that some years at my previous job.
Hey I appreciate the input. I'm actually EXTREMELY interested in finance so I'd love to know more about it. Do developers in finance require any unique skills? Also is there anything special one would have to do to break into the finance industry?
Re: 210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
#320Earlier quoted context omitted.
Hey I appreciate the input. I'm actually EXTREMELY interested in finance so I'd love to know more about it. Do developers in finance require any unique skills? Also is there anything special one would have to do to break into the finance industry?
I guess analytical skills, math probably, but these are pretty general. What unique skills are you thinking about?