Business, Economics, and Taxes: Capitalism. Yay? >=(

[Kepler]

SyFy had a Twilight Zone marathon last night and I forgot Kepler’s dream is a plot point in one of the episodes.

Man gets four rushes from a genesis. One is a wish for $1 million. Guy from the IRS comes to give him his tax bill. After federal and whatever state tax they used, only 60k was left.

In today’s dollars that would be someone making roughly 9 million taking home a half million.

That is, in fact, my dream.

 

[Kepler]

Yes, it’s generally the sauce, although there are variations in how the meat is cooked too. One of my best friends loves BBQ that isn’t smoked- her county is famous for it. My wife, on the other hand, loves her hometown’s smoked BBQ better. They agree the other’s BBQ is trash. I, on the other hand, love them both.

Congratulations, but what about their BBQ?

 

[Kepler]

Everyone please recognize this. Everyone please share all your salary and bonus information at work. Employers use the taboo to maintain info asymmetry. It is one of their biggest advantages.

 

[MissThundercat]

Question: A few interviews I've had recently have asked if I can make a 1 year commitment.

Am I right in thinking that's a red flag?

 

[unofan]

Question: A few interviews I've had recently have asked if I can make a 1 year commitment.

Am I right in thinking that's a red flag?

In normal times, yes. But depending on the industry, not necessarily given how abnormal the last 18 months have been.

And unless they make you sign something, who cares.

you can also ask them if they will give you a one year commitment.

 

[psych]

Congratulations, but what about their BBQ?

Indeed.

 

[Deutsche Gopher Fan]

Elon is taking the crypto market on a ride tonight

 

[dxmnkd316]

Everyone please recognize this. Everyone please share all your salary and bonus information at work. Employers use the taboo to maintain info asymmetry. It is one of their biggest advantages.

Absolutely not. Terrible advice. Nothing will ruin a working relationship faster than know what each other makes.

You pass laws that make it so the employers have to disclose basic, non-identifiable demo salary figures.

I would never even hint at my salary at work. I don't even tell people I get great reviews.

 

[Kepler]

Absolutely not. Terrible advice. Nothing will ruin a working relationship faster than know what each other makes.

You pass laws that make it so the employers have to disclose basic, non-identifiable demo salary figures.

I would never even hint at my salary at work. I don't even tell people I get great reviews.

They have trained you well.

 

[SJHovey]

They have trained you well.

There is a reason why the National Labor Relations Act prohibits employers from punishing employees who discuss their wages, benefits and conditions of work with fellow employees, even in a non-union setting. It isn't to improve harmony and goodwill among employees.

 

[dxmnkd316]

They have trained you well.

Meh.

 

[Deutsche Gopher Fan]

They have trained you well.

I don’t expect White dudes to be supportive. Why would they? They already make the most.

I used to agree with dx, but after ten years of hiring people and doing career development, I’ve changed

 

[psych]

I don’t expect White dudes to be supportive. Why would they? They already make the most.

I used to agree with dx, but after ten years of hiring people and doing career development, I’ve changed

Hey, I support it! It generally helps everyone financially, including those like me who generally make the most. I don’t find it awkward at all to discuss my pay, but 100% to each their own. I don’t doubt each person’s work circumstance is different.

 

[Deutsche Gopher Fan]

Hey, I support it! It generally helps everyone financially, including those like me who generally make the most. I don’t find it awkward at all to discuss my pay, but 100% to each their own. I don’t doubt each person’s work circumstance is different.

I’m not advocating everyone gets same raise and bonus each year. And COL is very real depending on location.

what I’ve seen is that when hiring experienced people, women and men seem to value men more without even realizing. They can have two identical resumes and the male will get a much higher starting offer - until we stop it, of course. We try to make sure people with same experience being hired into same job are fairly equal. I think it’s a real unconscious bias. And then you have women who are used to making less for decades and don’t realize to ask for more.

One of the only ways to expose this is to share which is certainly not something I was ever comfortable with but I’m getting there.

 

[unofan]

Absolutely not. Terrible advice. Nothing will ruin a working relationship faster than know what each other makes.

You pass laws that make it so the employers have to disclose basic, non-identifiable demo salary figures.

I would never even hint at my salary at work. I don't even tell people I get great reviews.

Speaking as someone who works for the government, where all our salaries are public records and freely available to the public, meh.

When I saw some people get promotions or higher salaries than me, I didn't get pissed at the person, I got pissed at management. Which is as it should be. They don't get to play favorites without repercussions.

There's a reason it's illegal for companies to forbid discussion of salaries even though many try. It benefits management overall to the detriment of the employees.

 

[Handyman]

The only reason NOT to do it is you don't want your fellow employees to feel bad. But if you don't make it sound like bragging, if it is part of a discussion to try and help them get paid what they are worth, it is way more beneficial and is definitely something that should be done. It is better for the workers, and the hit to morale will be minimal at best. Silence is capitulation and will lead to bad work ethic, massive turnover and even worse morale.

Not discussing it out of fear of ruining relationships is like not unionizing out of fear of reprisal.

 

[Slap Shot]

It's a terrible idea unless you're not paying any employee their fair share and even with that there is nuance. I've had as few as 10 and as many 750 people working below me at one point or another. Most of that time it would have been unthinkable and counter-productive to pay someone less than a peer for anything other than experience and results. Some people can't handle it well when they hear of a disparity even if there is sound reasoning behind it. Man v man, woman v woman, doesn't matter. You might try to argue things can be smoothed out via conversation and with that you over-estimate the rationale of the average human being.

 

[unofan]

It's a terrible idea unless you're not paying any employee their fair share and even with that there is nuance. I've had as few as 10 and as many 750 people working below me at one point or another. Most of that time it would have been unthinkable and counter-productive to pay someone less than a peer for anything other than experience and results. Some people can't handle it well when they hear of a disparity even if there is sound reasoning behind it. Man v man, woman v woman, doesn't matter. You might try to argue things can be smoothed out via conversation and with that you over-estimate the rationale of the average human being.

Oh, as management you should absolutely not be sharing salary info of your subordinates with anyone.

But as employees, you should feel free to talk amongst yourselves about your own salaries as needed.

 

[Deutsche Gopher Fan]

Back to the gas hoarding...

https://mobile.twitter.com/KevinMKruse/status/1392911679655235596

 

[ScoobyDoo]

Back to the gas hoarding...

https://mobile.twitter.com/KevinMKruse/status/1392911679655235596

Just Darwin weeding out the Riff Raff.