EDIT: Case in point, economics has an imaginary unit of value (the util), because there are forms of value other than income.
I'm pretty sure that if someone gave me the ability to be CEO of Google for a year I would be a vastly more advanced person than I am today. I would take that job unpaid in any respect. I would even gladly take the job of guy-who-is-defacto-CEO-of-Google-but-no-one-knows-it-and-he-is-under-NDA-to-never-reveal. i.e. it isn't the signaling value. It is the responsibility. This is continuous-approximable all the way to a job like a janitor which you'll have to pay me in the ballpark of a million dollars a year to do and I can't see myself doing it for long. So obviously there's some intermediate-value theorem type result where one of the benefits crosses in value over the other.
Ideally, I'm operating around that space.
Yep, same. I didn't get a job for a year because I'm not experienced enough (graduated 2018 near the top of my class and so on, jobless for past 18 months now). And the companies I applied to most of the time don't look at my resume because (1) I suck at writing it and (2) a lot of experiences get unfairly discounted (creating part of the trust problem). When people did trust me I:
- Taught developers to become a junior web developer and get jobs (yep ironic)
- Prevented a company for reputational damages because their whole developer team walked out and I basically coded their long awaited big update (in a team the first 6 weeks, and then 6 weeks by myself). Without the update, the clients of said company would not have been happy.
- Gave lectures to university students about player frustration and making a website within 4 hours even if you don't have any skill.
- Help people obtain their OSCP certificate.
Just some examples to list. I know that I'm bad at the interviewing game, I'm working on it. My problem is that I'm a generalist, and people don't like to hire generalists I've noticed.
I wasn't experienced at any of this, yet I made it happen. It seems not everyone is familiar with the concept of utilizing transferable skills, and putting trust in such a thing.
They should teach interviewing skills and handling your managers / gaining more trust at university though, because it's a waste of productivity that people who can handle more are not trusted to handle more.
People are typically capable of a range of performances.
Employees, being human, don't always perform at the upper range of that performance through the duration of their employ.
Also, the only real way for an employer to 100% know this range is to observe the employee working for a while. So employing anyone is a gamble unless you make someone sign a contract and ensure they have the financial backing to pay the contract if they don't deliver. (People with such financial backing typically don't need you as an employer and your relationship will be a business one and not an employer/employee one)
Employers are of course free to terminate those that fall under a threshold of performance immediately and replace, but this is potentially inefficient due to costs associated with hiring, onboarding, etc.
So is it better for an employee to use soft skills to try to keep performance as high as possible or commit to higher overhead incurred due to turnover? Different industries have different tradeoffs here.
I have NEVER heard this happening, can you cite an example? It seems utterly implausible even for consulting companies, let alone for individual contributors.
BTW, of course employing anyone is "a gamble" and it's for far more than the employee's salary/benefits. A bad hire can be far worse than just subtracting the hire's salary and getting nothing in return. There's at least an opportunity cost of not picking the good hire and losing out on a lot of productivity.
I’ve personally found that working as slowly or lazily as possible without getting fired makes most jobs more difficult to bear. This article isn’t at all about maximizing output, it’s mostly about ensuring happy and functional teams working on projects that utilize their skill sets (all these things happen to lead to higher output, sure).
I'm really curious about this and would love to hear more. I've long struggled to find a sustainable pace.
The novelty wears off pretty quickly and you're left with less motivation for the same pay.
I should know - for years annual earnings grew at a rate of over ten percent. Still, in and of itself it wasn't enough for me to stay motivated.
What if I’m enjoying what I’m doing? What if I like my coworkers?
Either way, I hope for a wise one next time around.
I.e. money is far from the only factor motivating you. You have a number of items that matter to you, money being one of them, that lead you to choose. The same is true for jobs.
What you work on matters. Who your team is matters. What your leadership does or doesn't do matters.
> I.e. money is far from the only factor motivating you.
Transaction costs are still money (or equivalent). Same for risk.
How long until you recover the financial costs of moving given the cheaper rent?
Let's forget the stress and emotions and logistics of moving.
But one quote that popped out to me was:
> By taking action that challenged the established culture of their organization, the Pirates innovated new mission control capabilities for NASA, resulting in the group’s first project, Real-Time Data Systems (RTDS), which took a year’s worth of off-hours time to create.
>>>>Which took a year's worth of off-hours time to create.
So the team performed this groundbreaking work with no extra pay, on top of their other duties. This was construed to be inspirational among my coworkers who brought it up. I can see it. It is really awesome, and I bet those engineers felt like they were on top of the world.
But to me, this is almost crazy to think that - in today's world - working for a large business the size of NASA that you wouldn't be fairly compensated while doing such immensely valuable work far above your personal scope of duty - even if you have the best coworkers or love your work. Sure, in several industries this happens all the time (especially startups, where founders perform immense amounts of work with no pay with the hope of hitting gold), but in the big corporate, government, and defense contracting worlds this is not only discouraged, but often disallowed.
[0] https://sloanreview.mit.edu/article/how-a-group-of-nasa-rene...
I'm having a tough time elucidating and expressing my feelings on this subject. I've gone through burnout, which was largely self inflicted tbh, with silent approval of management.. I feel like the parent poster, but I don't want to. I guess I'm struggling with the notion that employee-employer relationship is zero sum. Hobbies don't typically yield direct monetary benefits, yet I still partake. I dont't think this is going anywhere, I'm just thinking out loud.
In the private sector your job is nothing more than making profit for your boss. If, for some reason, you did something on your own initiative that made the world a better place and your boss didn't profit from it, they should be mad at you for skipping a chance for them to make money.
Consequently, the only rational thing is to give them as little value for as much compensation as possible.
You can like your coworkers.
At the same time, your boss(es) can be from hell.
What is or isn't a "depressing take" now mushrooms into a further discussion.
What is money for? I thought it was to exchange for goods and services that make me happy.