Nobody taught me how to run my company. I was not trained, nor did any Public Relations book or management book tell me how to do it. I just sort of worked it out - how to do work that people would pay for, and how to hire people that would do the work well. When I started hiring people, I made it relatively clear what I expected, and made sure they could do the thing before they joined. I have people that have worked for me for seven years, and I would absolutely describe them as “loyal.”
Running my own small agency, the concept I come back to here is “reciprocity”. Your team literally give you the best hours of their day, the least you can do is think about how to reward and respect that properly.
Obviously where they work doesn’t matter as long as they get their job done, but also things like quarterly bonuses, and thinking about pay levels in three plateaus and how you support their rea life:
EARLY = not worrying about bills.
MID = not looking at prices in restaurants.
LATE = planning and investing financial security.
I did a little thread about some of my thinking on this here:
That better.com situation is super bizarre. Why give $900m to a company whose CEO who hired too many people in the wrong positions in the first place and admitted as much? Granted, Softbank has backed a lot of stupid, never-profitable companies. And it's not like the mortgage business isn't booming, so I don't see why he can blame it on the market while keeping a straight face.This is incredibly tone-deaf and extremely damaging to their reputation, the board should fire the CEO immediately for cause. Who could have possibly foreseen that this idiotic zoom call is leaked on the internet...
"in a professional setting, culture is almost always a way to cover up the abuse of a worker."
Running my own small agency, the concept I come back to here is “reciprocity”. Your team literally give you the best hours of their day, the least you can do is think about how to reward and respect that properly.
Obviously where they work doesn’t matter as long as they get their job done, but also things like quarterly bonuses, and thinking about pay levels in three plateaus and how you support their rea life:
EARLY = not worrying about bills.
MID = not looking at prices in restaurants.
LATE = planning and investing financial security.
I did a little thread about some of my thinking on this here:
https://twitter.com/MaxTB/status/1232593192698204161
"Companies rarely if ever show loyalty to their workers"
"Other than the tasks that you are paid to do and the strictures of your job, nobody should be “loyal” to a company."
That better.com situation is super bizarre. Why give $900m to a company whose CEO who hired too many people in the wrong positions in the first place and admitted as much? Granted, Softbank has backed a lot of stupid, never-profitable companies. And it's not like the mortgage business isn't booming, so I don't see why he can blame it on the market while keeping a straight face.This is incredibly tone-deaf and extremely damaging to their reputation, the board should fire the CEO immediately for cause. Who could have possibly foreseen that this idiotic zoom call is leaked on the internet...
I heartily recommend Reddit /r/antiwork, it's cheering reading.