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The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

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111–120 of 139 posts

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#111

I am very pro work life balance and think anything over 35-40 hours per week will just lead to eventual burnout and reduced performance. Having said that, I can't bring myself to be too bothered about this tweet. At least the expectation is clear: hit your KPI goal or else. If you were to find yourself behind, you could either work harder, lobby to change the goal, lobby for more resources, pivot your strategy, or st…

"The beatings will continue until morale improves"

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#112
post #32

If you have only ever worked a 9 - 5 work week this may come as a surprise, but in the real world in America, lots of highly paid people routinely work weekends and nights and 12 or even 24 hour shifts. Doctors, Police Officers, Morticians, Firefighters, etc. They use schedules to spread the work and many only get one weekend off a month of totally free time.

That's sort of irrelevant. And employees can be motivated to work happily more than 40 hours a week. But ordering them is inefficient and wrong. (They very likely did not sign up for that.)

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#113
post #91

This tweet is the exact reason I choose to live in the UK, and not the US, when it came to pursuing my career in financial services. I do not believe that the US approach—in many sectors, but particularly in finance—of putting your career before your family life is a good use of the unknown and limited time we have on this planet. That said, I am an entrepreneur, and the buck stops with me, so if I need to work weeke…

Revolut is a UK company, and this attitude is rampant across the British tech sector

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#114
post #2

I appreciate the CEO being direct. It gives you a chance to find another job before you get fired.

Honestly, I can't tell if you're being sarcastic, but I really think you're absolutely right. Some people really like working in that environment. Personally, it's not for me, but at least the CEO is upfront about what he expects. Really, he's being a good leader in that respect. I wouldn't want to work for him, but he's clear about what he wants which a lot of people in management miss. EDIT Let me explain why this…

I don’t know the specifics of your circumstance but I can guarantee anyway that asking people to work the weekends was still an error on your part.

I can guarantee the following happened:

- your employees made more mistakes during weekend work

- at least a few had deteriorated health / sleep

- your teams morale took a hit

- you accomplished less than you would of had you had your employees come in regular weekly hours

Required weekend work is always a fault of management to properly plan and execute. Always. The few times I had my teams work the weekend I always admitted how I was at fault and how my poor planning would be the subject of a post mortem.

Source: I have been in management and executive positions for 15+ years at startups ranging from super small to rocket ships IPOs.

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#115
post #2

I appreciate the CEO being direct. It gives you a chance to find another job before you get fired.

Honestly, I can't tell if you're being sarcastic, but I really think you're absolutely right. Some people really like working in that environment. Personally, it's not for me, but at least the CEO is upfront about what he expects. Really, he's being a good leader in that respect. I wouldn't want to work for him, but he's clear about what he wants which a lot of people in management miss. EDIT Let me explain why this…

How is this a responsible position from a company? They are the ones keeping the employees in the dark, withholding crucial information that their very livelihoods are on borrowed time.

That's not crossing a line for you, is it? People on working visas have a set period to find the job and they need to send their applications in advance to stand a better chance of finding one.

It makes for a good story if you were the one who saved the day with 11-th hour heroism, but from an unbiased observer's perspective the management had failed a long time ago.

People often invoke "the company is family" trope to promote loyalty, but imagine that if you got married and then you suddenly found out that your spouse had high six-figure debts or that they were terminally ill. Relationships built on keeping your partner in the dark about things as serious as those are dysfunctional.

People are taking advantage of human kindness, an employee with no significant stake should not be the martyr looking for a sword to fall on.

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#116
post #7

>I noticed that several product owners / team leaders >are significantly below targets >and still do not work on weekends to catch up. The CEO addresses it specifically to the middle management (POs/TLs) and not line employees. Given that, the vocal outrage, and the calls on Twitter for the line employees to unionize are both unproductive, and also misleading. Way to discredit your position.

Those people shouldn't work on weekends either. If the only way you can make your KPI's is working middle management to death, you as a leader are making serious mistakes in management. If you can't build a working infrastructure for people and be able to sustain and grow your business on a 40 hour week (except for emergencies, unforseen things), maybe your product or company model is not that viable. We really shoul…

This is exactly how i feel about all this too. Metrics not met? Sounds like you need to hire more people. How often I've seen management shirking and sending the management THEY should be doing to the next level down...

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#117

Earlier quoted context omitted.

I never said workers who didn’t like it shouldn’t. If you don’t like it you absolutely could and should. If you reread my comment I specifically said that some people do like it at certain points in their lives. Let them decide if the job is for them...

RevolutApp is small enough (for now) that working there might seem optional. But working is not optional, and if employers are able to impose conditions like these, they're all going to want to. Would you feel the same way if a company with 100,000 employees made these demands? If hundreds of companies with millions of employees total did so?

> But working is not optional

I know people who've been on welfare for generations, having never worked a day in their lives.

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#119
post #88

Earlier quoted context omitted.

Use TransferWise to move USD to your GBP account? Or even more, use TW's borderless account? You swap a bright pink/orange card for a bright lime green

Whats tw?

TransferWise

Re: The CEO of RevolutApp on Slack: “Why Aren’t You Working on Weekends?”

#120
post #93

Ok, won't use Revolut again.

Can you recommend an alternative?

N26 does most of what Revolut does, and it's a real bank. The exchange rates are a bit worse than Revolut but still better than the average bank. They have a webapp but you cannot topup with other cards, you can only transfer money into it.
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