One of the things that really irks me is the short sightedness of the Shitshow fat cats (Program managers, company executives, vice presidents, etc.) It’s bad enough that these fat cats get paid more than those of us actually creating the product. But they also get paid hefty bonuses for making short sighted changes that are inversely related to the long term well being of the company.
One of the favorite methods that a fat cat uses to increase his bonus is cost-cutting. On the surface, cost-cutting sounds great. Reducing costs makes us more competitive and there are always bureaucratic inefficiencies that can be eliminated. The problem is, these bureaucratic inefficiencies are never the ones targeted by the cost cutting. Instead, the cost-cutting targets are usually long term investments to our human capital, such as training, employee benefits, and employee retention measures. Let’s look at some of the cost cutting measures that have been implemented at the Shitshow over the years.
- Eliminating technical training
- Introducing unpaid mandatory training
- Cutting the education reimbursement policy
- Cutting paid overtime policy
- Introducing a new payroll system that limits raises
- Layoffs of engineers, but no layoffs of redundant managers
- Eliminating paid sick days
As you can see, these are all cost-cutting measures that not only hurt the employees, but also hurt the company in the long run for not investing in its employees. How are we supposed to retain a talented workforce when we slowly take away the few benefits of working here? How do you cultivate employees when you 1) don’t provide any training for them to improve their skillsets, 2) don’t pay them for each hour worked, 3) forbid the highest performers from being compensated appropriately, and 4) encourage sick employees to come in and infect everyone else.
But that’s the problem with bonuses, they reward fat cats for their short term cost cutting efforts at the expense of long term program benefits. I guess that’s just how it is when you work for a public company that only cares about the quarterly stock price, especially when the fat cats will have moved on to greener pastures when cost cutting measures come back to bite us in the rear.
Because I can see the future and it looks bleak, I throw rocks.