Conversation

Notices

1. Embed this notice
   Dare Obasanjo (carnage4life@mas.to)'s status on Tuesday, 12-Dec-2023 06:07:58 JST Dare Obasanjo

   Newsflash: Workers have never been motivated by making money for shareholders. This is what motivates CEOs and senior executives.

   • clacke likes this.
   • Embed this notice
     Kasey Smith :verified: (ihazrabies@mastodon.tmm.cx)'s status on Tuesday, 12-Dec-2023 06:08:02 JST Kasey Smith :verified:

     in reply to

     @carnage4life I'm sitting here scratching my head. People thought otherwise? Even people with their heads shoved up their LinkedIn?

     clacke likes this.
   • Embed this notice
     Nick Krichevsky (ollien@discuss.systems)'s status on Tuesday, 12-Dec-2023 06:08:12 JST Nick Krichevsky

     in reply to

     @carnage4life This headline is a touch misleading. Ironically, the CEO agrees with you

     > Ron Shaich, Panera Bread's founder and former longtime CEO, has stressed how important it is for management and members of the C-suite to empathize with their employees and better understand what can get their buy-in to the company's mission.
     >
     > "No employee ever wakes up and says, 'I'm so excited. I made another penny a share today for Panera's shareholders,'" Shaich told Business Insider in an interview. "Nobody cares. You don't care whether your CEO comes or goes."

     clacke likes this.
   • Embed this notice
     Jess👾 (jesstheunstill@infosec.exchange)'s status on Tuesday, 12-Dec-2023 06:08:14 JST Jess👾

     in reply to

     • Miah Johnson

     Nah, even at corps where I've got RSUs or whatever, I don't care about our stock price. It's just deferred wages. I know I'm such a tiny meaningless cog in a giant machine that my specific labor has almost zero bearing on the rich people's feelings number about my corp, so I'm going to not actually put any emotional attachment about how much motivation I have for my work vs. the rich peoples' feelings number.

     @miah @carnage4life

     clacke likes this.
   • Embed this notice
     Miah Johnson (miah@hachyderm.io)'s status on Tuesday, 12-Dec-2023 06:08:15 JST Miah Johnson

     in reply to

     @carnage4life They could change this by giving shares to employees ;)

   • Embed this notice
     Rich Puchalsky :anarchism: (richpuchalsky@kolektiva.social)'s status on Tuesday, 12-Dec-2023 06:08:17 JST Rich Puchalsky :anarchism:

     in reply to

     @carnage4life

     CEOs and senior executives don't care about making money for shareholders either. They care about compensation for themselves, and usually this involves pulling some sort of scam to make short-term numbers for shareholders look good while depressing the long-term numbers.

     clacke likes this.