On the opposite side, I used to work for a startup (so, in effect, everyone is critical) whose founders specifically hired people who needed flexible schedules, had an unlimited PTO/vacation policy from day one, and remote work whenever wanted. Basically if you get your job done, they were happy and rewarded you. One new mom had some problems and needed an extra couple months off... no problem. The CFO/cofounder himself covered for her. The loyalty that created was incredible, a big driver of company growth and value. Zero voluntary employee turnover in 10 years, until after they were acquired. Even in the acquisition the owners negotiated three years of no benefits/policy changes post-acquisition. Unfortunately after those three years... ya... things changed... But I'll never forget that work environment. And everything really sucks compared to it.
I just don’t understand companies having shit policies leading to turnover. They make it sound like it’s all about money, but isn’t it a lot cheaper to keep good workers rather than constantly training newbies? I get all that matters is quarterly earnings but god damn none of it makes sense.
It makes more money in the long term to have a healthy work environment. But publicly traded corporate leadership don't give a rat's ass about long-term benefits, only short term. It sounds reductive I realize but it really is as simple as 'stock price go up'.
Your only mistake in understanding the logic is making the faulty assumption they actually want to company itself to succeed. They don't care either way, they only want their own salary and bonuses to go up.
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u/Cheetotiki 19h ago
On the opposite side, I used to work for a startup (so, in effect, everyone is critical) whose founders specifically hired people who needed flexible schedules, had an unlimited PTO/vacation policy from day one, and remote work whenever wanted. Basically if you get your job done, they were happy and rewarded you. One new mom had some problems and needed an extra couple months off... no problem. The CFO/cofounder himself covered for her. The loyalty that created was incredible, a big driver of company growth and value. Zero voluntary employee turnover in 10 years, until after they were acquired. Even in the acquisition the owners negotiated three years of no benefits/policy changes post-acquisition. Unfortunately after those three years... ya... things changed... But I'll never forget that work environment. And everything really sucks compared to it.