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Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

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Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#2
This is exactly the issue, in the past, if you worked retail you were able to make a nice living. I had a few Uncles (WW2 veterans) who did very well in retail as a salesman. They were able to buy single family homes and put their children through college.

Now, the majority of people in retail need EBT Cards just to avoid going homeless. Walmart even helps their employees to get on EBT. Time to reel in these companies.

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#3
I'm likely going to get flamed for this but its just an opinion...

These types of articles always imply there is a smokey back room of fat cats that are plotting to screw over their employees.

Aren't we driving this behavior by flocking to stocks that are unreasonably profitable? A lot of us here probably have at least some market investment that we want to see go through the roof and the most likely way for these companies to pull that off is to keep their expenses in check.

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#4
post #3

I'm likely going to get flamed for this but its just an opinion... These types of articles always imply there is a smokey back room of fat cats that are plotting to screw over their employees. Aren't we driving this behavior by flocking to stocks that are unreasonably profitable? A lot of us here probably have at least some market investment that we want to see go through the roof and the most likely way for these co…

[deleted]

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#5
post #3

I'm likely going to get flamed for this but its just an opinion... These types of articles always imply there is a smokey back room of fat cats that are plotting to screw over their employees. Aren't we driving this behavior by flocking to stocks that are unreasonably profitable? A lot of us here probably have at least some market investment that we want to see go through the roof and the most likely way for these co…

No post body was provided.

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#6
I don't know what's quiet about it. Every day, every week, every month, every quarter, every half, every year everybody wants progress from advancing productivity of their employees. New processes, new systems, new terms, new bullshit shoveled on people faster than they can join their next zoom. It's to the point where most people are just trying to keep their heads above water with constant meetings, 24x7 if they want. It's been out of control for a while now. People are not quietly quitting, they are suffering in silence and being overrun by their middle manager slave drivers. Fleecing is a nice way to put it. It's more like child abuse if you ask me.

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#7
The general acceptance of the term "Quiet Quitting" tells us quite a bit about how we currently view the relationship between labor and employer.

Somehow we have accepted the idea that showing up when you are supposed to and doing the tasks you are required to is not "doing your job" but rather "quiet quitting".

It does not seem that these people are goldbricking or maliciously complying or really doing anything wrong at all. They are just doing their jobs. Doing the minimum required is a bad career move, but it's certainly not "quitting" or somehow stealing from your employer.

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#8
post #3

I'm likely going to get flamed for this but its just an opinion... These types of articles always imply there is a smokey back room of fat cats that are plotting to screw over their employees. Aren't we driving this behavior by flocking to stocks that are unreasonably profitable? A lot of us here probably have at least some market investment that we want to see go through the roof and the most likely way for these co…

Have you ever been in a management position? That's a legitimate question and not trying to be argumentative.

I ask because I was surprised and appalled after getting into management and almost immediately being included in meetings whose sole goal was to discuss ways to squeeze the employees more or cut back on their total comp in a way that they wouldn't immediately notice. These weren't even "fat cats", these were just execs working at regular companies who were making less than what I've seen reported as FAANG total comp for engineers in their second year. It wasn't even effective for producing greater productivity as any engineer with talent moved on for a better paying job or, if they were talented enough, moved to a FAANG where they rationally offered better rewards for better output.

There is a cultural standard in many American corporations where the executives and management class below them seek to squeeze every ounce of blood from their employees not because it is a rational choice for improving profit, but because merely because they can. My take on it so far has been that at some point in the past this _was_ actually a rational choice because there was a lot of value being paid out to employees, but the employee base has been squeezed of all excess for so long that most executives are just cargo culting based on what their predecessors did.

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#9
post #7

The general acceptance of the term "Quiet Quitting" tells us quite a bit about how we currently view the relationship between labor and employer. Somehow we have accepted the idea that showing up when you are supposed to and doing the tasks you are required to is not "doing your job" but rather "quiet quitting". It does not seem that these people are goldbricking or maliciously complying or really doing anything wron…

Part of me thinks it's just the media trying to manufacture conflict and rage for more clicks.

Somehow we have accepted the idea that showing up when you are supposed to and doing the tasks you are required to is not "doing your job" but rather "quiet quitting

I agree that the notion is ridiculous. Ridiculous to the point where it looks like bait.

Re: Analysis Shows 'Quiet Fleecing' of US Workers–Not Quiet Quitting–Is Real Problem

#10
post #8
post #3

I'm likely going to get flamed for this but its just an opinion... These types of articles always imply there is a smokey back room of fat cats that are plotting to screw over their employees. Aren't we driving this behavior by flocking to stocks that are unreasonably profitable? A lot of us here probably have at least some market investment that we want to see go through the roof and the most likely way for these co…

Have you ever been in a management position? That's a legitimate question and not trying to be argumentative. I ask because I was surprised and appalled after getting into management and almost immediately being included in meetings whose sole goal was to discuss ways to squeeze the employees more or cut back on their total comp in a way that they wouldn't immediately notice. These weren't even "fat cats", these were…

> most executives are just cargo culting based on what their predecessors did.

It's underappreciated the extent to which the average business is simply mirroring the practices which were common previously. The golden ticket outside of digital for the last ~50 years in American business has been cost cutting. This meant squeezing employees, making larger businesses with theoretically better economies of scale, and increased outsourcing.

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