None of this is wrong, however, management wants the more tenured (read: more experienced) people to move on because they’re earning more than others.
They believe, often incorrectly, that the skilled workers job can be filled in for by the rest of the employee pool, and they will just fill in the hours gap with a lower-paid newbie.
In reality, the higher paid/higher experience people are often holding things together, so when they walk out the door because you treated them like they were nothing, all hell breaks loose; often resulting in most of the team leaving.
On paper, this makes management happy, because the cost of wages goes down, but when the revenue also takes a dip because shits fucked and nobody knows how to fix it, they (hopefully) start to realize how dumb of a decision they made. Unlikely as that seems.
At a previous job, there was a fairly typical air of nobody taking about wages. I have and continue to be of the mindset: fuck that. If I’m making more than you, and you’re doing the same job, you should go get yours. If I’m making less than everyone else, I need to go get mine. If the current employer won’t pony up, then find someone who will… Anyways, as a direct result of a discussion I had at work, with coworkers, one of the longest standing employees found a better job. Good thing too. I wasn’t there for a while lot longer either (not wage related for me, but still)… It was not a great workplace.
What I’m hoping we see is that the highly skilled talent walks out, and they have to pay more to get someone similarly skilled to replace them in order to keep things running.
But that assumes these capitalist fucks learn anything at all. In my experience, few ever do.
On one hand and as you say more tenured people cost more and hence if they go, there is a bigger positive impact on the company’s bottom line, on the other hand the upper management often do know that it is highly likely to end up causing massive problems that easilly ofset those cost savings, only they expect that they themselves personally will have moved onwards to a better job by the time things blow up and “it will be somebody else’s problem”.
In fact a lot of the problems in modern management (enshittification, cutting down on support, just coasting along on previously earned brand reputation whilst cutting down on quality, outsourcing and so on) can be explained by this “the company saves money now, I get more bonus and when problems from this come due I’ll have moved to better pastures and it will be somebody else’s problem” mindset in upper management - burn the Company’s Future for immediate personal gains in the form of higher bonuses because that manager’s Future is not the same as the Company’s Future.
I don’t think most upper management are stupid, I think most are just malicious sociopaths with not a shred of Ethics and hence are knowingly playing the flaws in the rewards systems of modern publicly traded companies for personal gain.
None of this is wrong, however, management wants the more tenured (read: more experienced) people to move on because they’re earning more than others.
They believe, often incorrectly, that the skilled workers job can be filled in for by the rest of the employee pool, and they will just fill in the hours gap with a lower-paid newbie.
In reality, the higher paid/higher experience people are often holding things together, so when they walk out the door because you treated them like they were nothing, all hell breaks loose; often resulting in most of the team leaving.
On paper, this makes management happy, because the cost of wages goes down, but when the revenue also takes a dip because shits fucked and nobody knows how to fix it, they (hopefully) start to realize how dumb of a decision they made. Unlikely as that seems.
At a previous job, there was a fairly typical air of nobody taking about wages. I have and continue to be of the mindset: fuck that. If I’m making more than you, and you’re doing the same job, you should go get yours. If I’m making less than everyone else, I need to go get mine. If the current employer won’t pony up, then find someone who will… Anyways, as a direct result of a discussion I had at work, with coworkers, one of the longest standing employees found a better job. Good thing too. I wasn’t there for a while lot longer either (not wage related for me, but still)… It was not a great workplace.
What I’m hoping we see is that the highly skilled talent walks out, and they have to pay more to get someone similarly skilled to replace them in order to keep things running.
But that assumes these capitalist fucks learn anything at all. In my experience, few ever do.
I suspect it’s a mix of both.
On one hand and as you say more tenured people cost more and hence if they go, there is a bigger positive impact on the company’s bottom line, on the other hand the upper management often do know that it is highly likely to end up causing massive problems that easilly ofset those cost savings, only they expect that they themselves personally will have moved onwards to a better job by the time things blow up and “it will be somebody else’s problem”.
In fact a lot of the problems in modern management (enshittification, cutting down on support, just coasting along on previously earned brand reputation whilst cutting down on quality, outsourcing and so on) can be explained by this “the company saves money now, I get more bonus and when problems from this come due I’ll have moved to better pastures and it will be somebody else’s problem” mindset in upper management - burn the Company’s Future for immediate personal gains in the form of higher bonuses because that manager’s Future is not the same as the Company’s Future.
I don’t think most upper management are stupid, I think most are just malicious sociopaths with not a shred of Ethics and hence are knowingly playing the flaws in the rewards systems of modern publicly traded companies for personal gain.