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by rockercoaster 257 days ago
> modern culture of company hopping is contributing to this

Zero people are doing this for the fun of it. This is entirely driven by incentives, not "culture".

Or, rather, not by "culture" of the people doing the hopping—C-suite and MBA culture, yes, very much so, this is one of many bad outcomes from having companies run entirely by "professional managers" and finance dudes rather than people who were, at the start of their career, close to the actual productive work of the company, with the latter scenario once being far more common than it is now.

1 comments

I don't disagree, but I think it's the incentives that led to the culture. Changing the incentives will have a downstream affect on the culture, but it's not immediate. It takes a bit of time for the shit to roll down hill.
I think it could be pretty damn immediate. What's missing are unions and pensions for long-term job stability, tolerability, security, and clear career progression. What's missing are wages that kept up with the inflation rates of housing and healthcare, not the price of wheat or flatscreen TVs. What's missing is C-suite norms that favor retaining workers through the usual economic-cycle downturns, rather than swiftly choosing to enact mass firings any time the CEO has a little indigestion (the science is extremely mixed on this anyway, there's not even a good reason to believe the latter approach is better for the company in general, and the C-suite zeitgeist used to favor avoiding mass firings unless absolutely necessary)

I don't think there'd be any waiting for worker "culture" to catch up to fill roles with comp packages and working conditions that addressed those core issues.

If there was high trust, then I would agree with you. However, the lack of trust means that a lot of people would not believe The pension would even be around, and especially I don't think people would believe that The mass layoffs would be a thing of the past.