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by tommilukkarinen 1906 days ago
This article is interestingly promotes kinda flawed communist thinking about 'overperforming losers'.

Most companies make 'reasonable' profits or even losses. You could say normal range for profits is -5% to +10%. When the company is people intensive, it basically means, that revenue is paid in salaries.

For better salaries to be paid, profits must grow first. For profits to grow, existing people must perform better. If profits don't grow, salaries can't follow.

Now when profits grow, we face a decision on how to split the new profits, and it does not always fall on the existing employees. Sometimes profits go into hiring new people, sometimes they go into pockets of the owners. But I have also often seen in my 25 year career, that performers are compensated.

I have also always seen the costs rise, and the costs been mostly salaries. So profits eventually go to the pockets of the employees.

So actually it is good idea for everyone to perform, because if the profit growth stops, salary growth stops as well.

Anyway, my bottom line is that this 'sociopath, clueless, loser' is flawed thinking, but probably something people genuinely believe in just like many people believe that vaccines are bad.

1 comments

The article addresses this. You're just talking about the early stages/small company part of the lifecycle. In my case, working for a 100-year-old manufacturing company, I looked around the cube farm one day, and realized there is a small army of people who's job it is to festoon every vertical space within eyesight, at scores of facilities across the globe, with flyers and promotionals and health insurance factoids and retirement plans and educational resources and on and on and on. (And maps of the cube warrens, because people thought wacky floorpans were cool 40 years ago.) Those are the definition of "Loser" jobs, and they're everywhere.

My company is so far down the article's referenced lifecycle that there are several large groups of people who copy information from the mainframe into Excel sheets, and then hand this over to another group who take that information, and put it back into the mainframe. And the "Clueless" have fought me, tooth and nail, to try to improve these kinds of barbarous workflows.