I'm sure Bull has said fill out the corporation with a family member in a private LLC or something along the lines of that. Never had to do that since my current job is a line cook and I've never had to deal with that kind of invasive stuff
Better off telling employer about wife and kids and house etc if you have an easy wfh job, for security whilst building out wifi money? Or stay quiet about all of that regardless?
You should generally say nothing, the reality is that they will find out anyway, the HR team communicates even though they are not supposed to on those anonymous surveys
As rule of thumb telling them you have mortgage/wife//kids just know they think they own you like property now - can be used as leverage good or bad
Varies but generally not great to tell them if you’re a middling performer since they know they can shackle you and get away with raising you max 3 percent a year. Can be useful if you’re on the top end of performance or generate revenue since they’ll want to make sure they can keep you and don’t want you distracted by your expenses so will figure out ways to pay you just enough. It works.
So true on training people to work fast on excel and catch errors.
Nike lost Stephan Curry in part due to mispronunciation ( addressing Stephen as 'Steph-on) and slideshow error where they left Kevin Durant name presumably residue from repurposed material. The takeaway: There wasn't enough respect being shown to the player.
Biggest laughs come when they hand out a “total rewards” sheet that includes stuff like 401k march, health benefits, silly gift card opportunities, and also show your RSU vesting over four years as if it’s all earned in one year.
Always fun to see the lack of awareness isn't it. None of them wonder "hmm wait why does this make the firm any money". They just take the mental and emotional beating over stuff that doesnt matter and can't laugh it off when they go home
Currently I intentionally staying as a middle performer but I am getting meeting from manager saying I can and should perform better. What is the best way to respond to this?
In this part, "If he is *not* tied down, you *MUST* pay him as little as possible so he can’t save enough to leave", isn't there the possibility for him to leave to find better pay as well ?
Long time follower here and been following Cerno as well for about as long. Never worked a corporate job, had some sales jobs here and there but mostly food industry.
Big surprise guys, corporation ain't your fren. I can parallel this to media companies that I'm 99% sure Cerno has brought up in his twitter. What I mean is brands like gawker are known but their journalists aren't. So when most of the journalists decide to go out on their own 99% of the time their media companies flop...because consumers know gawker but not xyz journalist.
The only exception I think I've seen is Tucker Carlson.
Every single company is for profit. Just take the other side of the table and decide what you would do assuming you don't care one bit about the employee (they don't care one bit including you)
I've been in food industry for most of my adult life. It's like that everywhere. Sure there are some exceptions like in food industry nobody cares if you parrot certain things like who you vote for. So what I mean is they won't have commie struggle sessions where you have to denounce a politicians' tweets. We are too busy cooking, etc.
But bottom limne is if you're not making the firm money you will get cut. Growing up is difficult but if you got the skills go out on your own. Some of us in the industry are doing that or have multiple jobs.
Too easy. Just tell them once in a while you care about their well-being, that you care about the “person” more than the job to be done. And give out silly $100 bonuses to all staff out of the blue.
So pretend to have a wife and a mortgage to get a better salary whilst building the escape plan
Can't they find out from the W2 for you fill out and share run your employer?
I'm sure Bull has said fill out the corporation with a family member in a private LLC or something along the lines of that. Never had to do that since my current job is a line cook and I've never had to deal with that kind of invasive stuff
Probably
Better off telling employer about wife and kids and house etc if you have an easy wfh job, for security whilst building out wifi money? Or stay quiet about all of that regardless?
You should generally say nothing, the reality is that they will find out anyway, the HR team communicates even though they are not supposed to on those anonymous surveys
As rule of thumb telling them you have mortgage/wife//kids just know they think they own you like property now - can be used as leverage good or bad
Varies but generally not great to tell them if you’re a middling performer since they know they can shackle you and get away with raising you max 3 percent a year. Can be useful if you’re on the top end of performance or generate revenue since they’ll want to make sure they can keep you and don’t want you distracted by your expenses so will figure out ways to pay you just enough. It works.
This.
i used it to secure a promotion. "golden handcuffs" can work both ways as long as youre building wifi monies
So true on training people to work fast on excel and catch errors.
Nike lost Stephan Curry in part due to mispronunciation ( addressing Stephen as 'Steph-on) and slideshow error where they left Kevin Durant name presumably residue from repurposed material. The takeaway: There wasn't enough respect being shown to the player.
Yeah that's really all they are there for
Activated some PTSD with this article.
This is the most optimistic post in years
Laughed out loud at the “dOnT yOu bELiEvE iN tHe fUtRe oF tHe bUsiNesS” line. Painfully accurate RSU/retention pitch.
Hahaha yeah. They even use the accrued RSUs/vesting to sometimes explain why they paid you a bit less than you deserve
"well buddy we gave you a pretty good allocation last year and the stock is up 7% so it's roughly the same"
Biggest laughs come when they hand out a “total rewards” sheet that includes stuff like 401k march, health benefits, silly gift card opportunities, and also show your RSU vesting over four years as if it’s all earned in one year.
hahaha! Yeah the total rewards section of the internal internet section of the company website
brutal
This used to be a real country. What happened to getting longer cables on your phones so you have a longer range when you throw them at the analysts?
Always fun to see the lack of awareness isn't it. None of them wonder "hmm wait why does this make the firm any money". They just take the mental and emotional beating over stuff that doesnt matter and can't laugh it off when they go home
Currently I intentionally staying as a middle performer but I am getting meeting from manager saying I can and should perform better. What is the best way to respond to this?
In this part, "If he is *not* tied down, you *MUST* pay him as little as possible so he can’t save enough to leave", isn't there the possibility for him to leave to find better pay as well ?
Long time follower here and been following Cerno as well for about as long. Never worked a corporate job, had some sales jobs here and there but mostly food industry.
Big surprise guys, corporation ain't your fren. I can parallel this to media companies that I'm 99% sure Cerno has brought up in his twitter. What I mean is brands like gawker are known but their journalists aren't. So when most of the journalists decide to go out on their own 99% of the time their media companies flop...because consumers know gawker but not xyz journalist.
The only exception I think I've seen is Tucker Carlson.
Great article guys, keep up the great work.
Yes that is by design as well. They want it to say "heard from wall street journal" not "hear from specific person"
How about for people who are in programming roles? Same logic applies I’m guessing - I’m in a junior developer position
Every single company is for profit. Just take the other side of the table and decide what you would do assuming you don't care one bit about the employee (they don't care one bit including you)
I've been in food industry for most of my adult life. It's like that everywhere. Sure there are some exceptions like in food industry nobody cares if you parrot certain things like who you vote for. So what I mean is they won't have commie struggle sessions where you have to denounce a politicians' tweets. We are too busy cooking, etc.
But bottom limne is if you're not making the firm money you will get cut. Growing up is difficult but if you got the skills go out on your own. Some of us in the industry are doing that or have multiple jobs.
It’s about your employees my man. Can you tie them down by doing this but make them think you’re not doing this? (Yes)
Too easy. Just tell them once in a while you care about their well-being, that you care about the “person” more than the job to be done. And give out silly $100 bonuses to all staff out of the blue.
We moved to a 4 day workweek even. Zero loss to productivity for me but the handcuffs tightened even more.