"They Pretend to Pay Us and We Pretend to Work"

Posted by Mad_Prog_1@reddit | collapse | View on Reddit | 101 comments

That was a phrase that, I believe, originated in the USSR. There was no incentive to really do more than the absolute bare minimum. Unemployment was illegal, so getting fired was essentially out of the question short of overt sabotage. At the same time getting a promotion was almost impossible unless you were really connected in the party.

Of course, in America, we would never go down such a socialist route. After all, you would be richly rewarded the harder you work, while the lazy and incompetent would suffer the wrath of our free market God.

But the funny thing is, I think we are a lot more closer to the USSR than we think, and it's going to slowly kill our companies, innovation, and society. Let me explain...

When it comes to rewards at work, there is little distinction between a high performer, an average performer, and even a fairly low performer, perhaps a percent of overall salary. Maybe a percent of salary. And it gets even worse if the high performer has to spend a lot more time at work than the other two. If a high performer in a critical field is making significantly less than a low performer who spends a few hours a week doing gig work as opposed to spending it in the office, then what incentive is there for the high performer?

At the same time, there is basically no way (beyond truly screwing up or being incredible) to prevent being laid off. Interest rates, oil prices, politics (both office and international), stock prices, and labor disputes will have a far larger impact on your employment than your tenure, education, or work ethic. For example, Boeing just announced they are going to fire 10% of the company, roughly 17,000 people. Do you really think Boeing is going to actually only fire the bottom 10% of the company exactly? Or do you think they are going to cut in the areas that save the most money, which will inevitably involve the better, but more expensive workers? Not to mention, they cannot legally terminate any of the striking union workers, even if they are among the bottom 10%.

My question is, how long until this starts to really hurt companies?