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These costs are banal compared to what your usual medium to large enterprise is paying in bonuses,benefits and other. I am coming from Europe and always admire

by grobaru 10y ago

These costs are banal compared to what your usual medium to large enterprise is paying in bonuses,benefits and other. I am coming from Europe and always admired capitalist systems but I think the americans and others are probably stressing it too much. I have experienced large US corporations firing people that had 2-3 years till retirement, people that spent 30years with company and have been replaced with cheap offshore resources. I think companies could keep these employees but incrementally decreasing their salaries and working hours. They could still earn more (overtime) but I would dynamically adjust the salaries. I mean anyway...95% people are just slacking at their jobs

pc86 10y ago
I vouched for this comment in spite of the idiotic assertion at the end, because I wanted to raise a question on this point specifically: > I have experienced large US corporations firing people that had 2-3 years till retirement, people that spent 30years with company and have been replaced with cheap offshore resources. Is there any capitalist argument that a company should hold on to someone who has become redundant because they have only a small period of time until retirement? My gut reaction as a capitalist to someone being outsourced at age 63 with 2 years to retirement is "so what" but of course when I think about it from the human perspective it seems horrible. They either need to find another job (very hard at that age regardless of the sector, but especially in tech) or cut their standard of living beyond what they expected for the rest of their lives.
- rileymat2 10y ago
  At some level, maintaining a reputation for humane treatment of workers might help attract young talent. In some sense loyalty begets loyalty.
  - minipci1321 10y ago
    Do you seriously believe young workers think about the old ones, or about themselves becoming old workers? If loyalty begets loyalty (to which I agree), I would expect it to appeal to those who understand what loyalty is all about. Young generation was told they will have 12 jobs over 40 years of career, and looks like they have internalised this.
- grobaru 10y ago
  Why do you think it's an idiotic assertion ? Do you seriously think that the world needs countless of developers working on next big CRUD app ? Or countless of meaningless metrics and reports ? I do not think so. It's a work for sure but it's a meaningless work. Your gut reaction is correct albeit I think it makes sense to keep these people but slash their salaries. It takes a lot of time to train cheap workforce. Because well...it's a cheap workforce. You either brainwash them into believing that they are working on something great or sooner or later they realize that job hopping will bring them more money (pretty much what happens in every cheap offshore location). These people can still do great job. Perhaps it's not worth the 150k you are paying them but if you could legally slash it to 60k...then...does it make sense to hire some clueless droids in some sweatshop in India ?

by grobaru 10y ago

pc86 10y ago

I vouched for this comment in spite of the idiotic assertion at the end, because I wanted to raise a question on this point specifically: > I have experienced large US corporations firing people that had 2-3 years till retirement, people that spent 30years with company and have been replaced with cheap offshore resources. Is there any capitalist argument that a company should hold on to someone who has become redundant because they have only a small period of time until retirement? My gut reaction as a capitalist to someone being outsourced at age 63 with 2 years to retirement is "so what" but of course when I think about it from the human perspective it seems horrible. They either need to find another job (very hard at that age regardless of the sector, but especially in tech) or cut their standard of living beyond what they expected for the rest of their lives.

rileymat2 10y ago
At some level, maintaining a reputation for humane treatment of workers might help attract young talent. In some sense loyalty begets loyalty.
- minipci1321 10y ago
  Do you seriously believe young workers think about the old ones, or about themselves becoming old workers? If loyalty begets loyalty (to which I agree), I would expect it to appeal to those who understand what loyalty is all about. Young generation was told they will have 12 jobs over 40 years of career, and looks like they have internalised this.
grobaru 10y ago
Why do you think it's an idiotic assertion ? Do you seriously think that the world needs countless of developers working on next big CRUD app ? Or countless of meaningless metrics and reports ? I do not think so. It's a work for sure but it's a meaningless work. Your gut reaction is correct albeit I think it makes sense to keep these people but slash their salaries. It takes a lot of time to train cheap workforce. Because well...it's a cheap workforce. You either brainwash them into believing that they are working on something great or sooner or later they realize that job hopping will bring them more money (pretty much what happens in every cheap offshore location). These people can still do great job. Perhaps it's not worth the 150k you are paying them but if you could legally slash it to 60k...then...does it make sense to hire some clueless droids in some sweatshop in India ?