Just out of curiosity I’d like to see where time theft (when your boss gets mad at you for talking to your work friends at the end of your shift.) ranks compared to wage and other thefts.
For a long time I was confused why companies did things that neither the costumers nor the employees liked, then I learned about shareholders. I was still a bit confused, then I learned bout how many cheif officers in companies only see that company as a stepping stone to an even bigger and better paying C-O at another company. So you reduce the quality of produces, to safe money, cut the staff in half and have each employee work twice as hard, and before what you've done completely destroys --
-- the company, use the several year track record you can now show on how much you improved the companies profits as a resume buff to land the position at that bigger company. And six months to a year after you leave, when the company you destroyed goes under from all your bad moves, you can also point to that as evidence you were the only thing keeping that company alive and it died without you.
Exactly, I too was confused why so many companies seemed to be willingly driving themselves into the ground, but as you said its because the people making money can simply jump ship.
And the ultra rich actually know about & like these kind of people, because big money is made by unsteady markets. People who jump on board, spike a company's value then leave it to die, make for good buy low sell high opportunities. Musk for example, if/when he kills twitter, you think the ultra rich aren't already invested in the next 5-10 twitter replacements possibilities? With twitter dead, which one will be worth 100X more? Plus Musk will still owe the people he borrowed the money from.
So that makes sense on why they're doing it, I'm still super confused why anyone LETS them... I mean, it's obviously short term thinking all around, but someone always gets left holding the bag that actually AGREED to everything along the way... but hucksters gonna huck I suppose.
There's a few angle that can be worked. Honestly understanding the stock market, angel investors and such, is kind of depressing. One is the ability to screw small businesses, have a bunch of independent contractors create value for your company, thus your investors, then have the investors sell to less informed people, getting those new investors money, then not be able to pay back the debts to the independent contractors and declare bankruptcy. It's almost like a complicated crypto rug pull.--
there might be some legal issues with doing this, but again if the big investors come out on top, you could likely make some good friends with very rich people. They might even help you get hired at a new company, even with you not so great record. I think Trump is on 6 bankruptcies and is still a billionaire and got elected president. Also there can be a lot of free money or land in government grants, fulfill the requirements to get the funding and you could still come out on top even if the--
We are living in a time where the rich are pissing on the working class and telling us it’s raining. The time is now to remind the rich who put them there to begin with.
So far the best discord I've found for that is Imgurians United Collective. One user at a time until there are tons in one area could make a real difference
Pretty sure they stopped calling it rain around the time the Covid lockdowns happened. They were so incensed that they were making somewhat less money for about a month they started demanding we go back to work.
Do we need a list? Is that what we need? Someone to just take the Forbes list and put it here saying "These are definitely not targets, nuh-uh, just some rich folks to look at"?
Exactly. The biggest difference between classical factory owner and today's is former sometimes actually had to go to factory to supervise things and could literally be beaten by workers and his factory burned down with him inside. While modern capitalists as so removed from reality of workers they might as well live on another planet. And burning factory down would be minor inconvenience due to insurance
The real difference between then and today is that murdering the CEO won't change shit because everything's a megacorp with as many heads as a hydra, and getting lucky enough to take out one while they tour the factory only changes the sociopath in the suite. You can chop off a few heads or kill the body, it's a much different task these days than simply killing one oil baron.
My point is about the actual fear of consequences in older times. Street justice might get to greedy factory owner or even banker. Hell, governors and high government officials regularly were targeted by revolutionaries. Be a ruthless governors - be ready to be shot in the backor even face. But now, you wouldn't even get to a single bastrad ceo or banker and they know it. And it shows. Fire thousands while having records profits and piss off of to private island, that's their life
That can be quantified easily: look at how much is spent on stock buybacks which do nothing except temporarily kite share price so manglement gets bigger bonuses. Eventually share price reverts back to the mean so to all intents enterprise value has been reduced -- but look at the shiny new yacht the CEO bought!
Only if the owner is smart and doesn’t like going bankrupt. Of course they won’t listen, because it’s difficult and hard like fighting cancer. It needs to be done though, because we all know what cancer does.
people like easy numbers. "Hard" numbers. It's kinda like survivorship bias. Where data that is concrete/easy to quantify is given much greater weight, while hard to measure data is considered "junk". It got a lot worse with the rise of computers.
It's like how everyone just agrees shoplifting costs companies millions, despite it basically costing them nothing. Product loss just sounds rational on paper.
Shoplifting is the smallest type of "Shrink". Funny enough, when reporting to the media companies always present Shoplifting using Shrink's numbers. For those who don't know, Shrink includes all product lost but not sold. So anything that an employee takes, anything that expires on the shelves, and anything damaged or defective as well. Actual shoplifting is ~10% of that. If shoplifting was as bad as they say, there wouldn't be self-checkouts.
Overwhelming majority of product loss is stores just tossing product. Not just expired food, literally everything. There is an entire subsection of YouTube devoted to dumpster diving at GameStop. 90% of the time they destroy everything before they toss it too. https://youtu.be/W8ckTBLBtE0?si=kGRYtxDPmHYReWEW
My background is in Grocery, so most things that get tossed at were on the shelves long enough to expire first. Though there were some non-parishables that got tosses simply because they aren't in season or because the store is cycling a non-performing product for another. Retail has a lot of waste. The first Grocery Store I worked at threw out about 400-600 pounds of expired/spoiled meat products a week. About half were only "spoiled" because some idiot broke Cold-Chain.
God, the only time I see that here (Germany) is for safety-style work clothes and those can be used at any job that requires them, it isn't a uniform. If you need a uniform here it's almost always provided, in my experience
By Law employers HAVE to provide adequate protection for free in germany, including laundry and maintenance cost. Only case you have to pay yourself is, if you want a higher quality. Same goes for mandatory uniforms.
When I made manager and could wear a regular polo or dress shirt I was so happy. But I made sure to order 4-5 shirts each month for my team, I never made them buy their own. Kept a stock 10-15 work polos of different sizes and always refilled. Most of the managers in my district did it to, so we could max out our budget
So my work, you get two polos. You must buy the rest and their polos range from$15 to $60. BUT you must also wear their jackets. Those can be from $30-$200. Approx two weeks shipping, so you get hired in the winter? Too fucking bad!!!
Company asked if I wanted shirts/polos and how many, I told them "no thanks they're ugly :)" to which their reply was "that's fair". Benefits of working in a lab setting I guess, but tbh if you're not in direct contact with customers, uniforms can actually fuck right off.
Yep. I briefly worked at target and they point you to the aisles you can get the red shirt and khaki pants you're required to wear... Even durring night shift restocking. When tye store is closed.
Can't forget some of those companies after having charged you for it 'request' the uniform back. If you give it back, no problem. Don't give it back? Suddenly your exit from the company is much harder. Last paycheck suddenly has to be handed over in person? Oh and our schedule is a bit busy so you might have to either wait a while or come back tomorrow.
I've seen that done in the UK. Catering company, they catered all kinds of things, like weddings, funerals, sporting events. They had a bad habit of hiring people on zero hours contracts and making them basically work their first event free to pay the company for the uniform and name tag, then not hiring them again. I was working for a law firm and they didn't take the claim on, so I don't know what happened.
"Here's one shirt for your 5 day work week. Extras are $20 each. And remember! Your uniform is supposed to be immaculate at the start of every shift or we'll write you up!"
I just bought a bunch of shirt for my employees and didn’t make them pay for the extras. Fuck the company lol, the least my people deserve is the shirts they’re forced to wear
The uniforms were for a secure site; you weren't allowed to transfer them because of the danger that they'd be used to try and gain access to one of the agency's sites. The pants weren't distinctively marked, but the shirts and jackets had markings on them that meant we had to either return them or file a police report for the loss, just as if we lost a badge.
Last job I had to buy uniforms at, at least we got a uniform allowance. I used it up every year, and maintained five uniform shirts, but just bought more and more pants and socks, because we didn't have to return those when we left.
I've had various safety shoe purchase programs at various jobs, each of which being once a year. I found shoes within budget that last enough more than a year that by the time I got to my current job, which doesn't have this, I had a pair of boots that I hadn't even touched other than trying on for size.
Yes. They had agency markings, and the rationale given was that secondhand use could see them being used to try to gain access to secure sites by posing as an employee. But it came out of an annual uniform allowance, not my money.
fartharder
I enjoy paying to park at the place I work.
errrikblack
Damn I miss consulting...NOT. see what I did there.
wintermoongoddess626
What is this? Chick-fil-A? (Yes, they have to pay for uniforms and CFA branded jackets and coats)
DoseOfScience
Engineering version: We want you to take our product, improve it, but don't break compatibility, alter the supply change, or spend any money
Pwnzistor
Maybe you guys should just walk out and tell management to go fuck themselves?
SemperCallide
I see big things happening for this meme
Mxlespxles
expectantbamboo
Just out of curiosity I’d like to see where time theft (when your boss gets mad at you for talking to your work friends at the end of your shift.) ranks compared to wage and other thefts.
Mxlespxles
They don't make pixels that small
DropDrop
For a long time I was confused why companies did things that neither the costumers nor the employees liked, then I learned about shareholders. I was still a bit confused, then I learned bout how many cheif officers in companies only see that company as a stepping stone to an even bigger and better paying C-O at another company. So you reduce the quality of produces, to safe money, cut the staff in half and have each employee work twice as hard, and before what you've done completely destroys --
DropDrop
-- the company, use the several year track record you can now show on how much you improved the companies profits as a resume buff to land the position at that bigger company. And six months to a year after you leave, when the company you destroyed goes under from all your bad moves, you can also point to that as evidence you were the only thing keeping that company alive and it died without you.
vegivamp
Congratulations, you cracked it.
Nikolai5
Exactly, I too was confused why so many companies seemed to be willingly driving themselves into the ground, but as you said its because the people making money can simply jump ship.
DropDrop
And the ultra rich actually know about & like these kind of people, because big money is made by unsteady markets. People who jump on board, spike a company's value then leave it to die, make for good buy low sell high opportunities. Musk for example, if/when he kills twitter, you think the ultra rich aren't already invested in the next 5-10 twitter replacements possibilities? With twitter dead, which one will be worth 100X more? Plus Musk will still owe the people he borrowed the money from.
Ozimbah
So that makes sense on why they're doing it, I'm still super confused why anyone LETS them... I mean, it's obviously short term thinking all around, but someone always gets left holding the bag that actually AGREED to everything along the way... but hucksters gonna huck I suppose.
DropDrop
There's a few angle that can be worked. Honestly understanding the stock market, angel investors and such, is kind of depressing. One is the ability to screw small businesses, have a bunch of independent contractors create value for your company, thus your investors, then have the investors sell to less informed people, getting those new investors money, then not be able to pay back the debts to the independent contractors and declare bankruptcy. It's almost like a complicated crypto rug pull.--
DropDrop
there might be some legal issues with doing this, but again if the big investors come out on top, you could likely make some good friends with very rich people. They might even help you get hired at a new company, even with you not so great record. I think Trump is on 6 bankruptcies and is still a billionaire and got elected president. Also there can be a lot of free money or land in government grants, fulfill the requirements to get the funding and you could still come out on top even if the--
SLCtechie
We are living in a time where the rich are pissing on the working class and telling us it’s raining. The time is now to remind the rich who put them there to begin with.
FlintNorth44
Please don't use a stupid line from Avatar.
MatrimBloodyCauthon
So far the best discord I've found for that is Imgurians United Collective. One user at a time until there are tons in one area could make a real difference
Mechlai
https://www.independent.co.uk/news/world/americas/tim-gurner-property-developer-australia-b2411998.html
PhailRaptor
Pretty sure they stopped calling it rain around the time the Covid lockdowns happened. They were so incensed that they were making somewhat less money for about a month they started demanding we go back to work.
RanOutofWit
Do we need a list? Is that what we need? Someone to just take the Forbes list and put it here saying "These are definitely not targets, nuh-uh, just some rich folks to look at"?
Changeling209458
Their... parents?
afambelafonte
WinstonSmith101
No mate. We’re living in a time where the rich are pissing on us and telling us that “We’re pissing on you, what you gonna do, huh?”
darkninja2992
And then when no one wants to stand around and get pissed on, they'll say it's a "shortage" and that we're the problem
Comet260
Conservatives: "I'll lick your boots and tattle on anyone trying to unionize!"
KatByte0
"that guy should be pissing on the whole country!! Really get those greedy politicians out!"
ShaTiK
Exactly. The biggest difference between classical factory owner and today's is former sometimes actually had to go to factory to supervise things and could literally be beaten by workers and his factory burned down with him inside. While modern capitalists as so removed from reality of workers they might as well live on another planet. And burning factory down would be minor inconvenience due to insurance
minipancho94
The real difference between then and today is that murdering the CEO won't change shit because everything's a megacorp with as many heads as a hydra, and getting lucky enough to take out one while they tour the factory only changes the sociopath in the suite. You can chop off a few heads or kill the body, it's a much different task these days than simply killing one oil baron.
ShaTiK
My point is about the actual fear of consequences in older times. Street justice might get to greedy factory owner or even banker. Hell, governors and high government officials regularly were targeted by revolutionaries. Be a ruthless governors - be ready to be shot in the backor even face. But now, you wouldn't even get to a single bastrad ceo or banker and they know it. And it shows. Fire thousands while having records profits and piss off of to private island, that's their life
ChrisTheEarthenoid
No one talks about the shadow costs of bad upper management, do they?
PhailRaptor
Of course they don't. Ethereal costs later don't matter when they can make "real" savings now.
BDBottom
That can be quantified easily: look at how much is spent on stock buybacks which do nothing except temporarily kite share price so manglement gets bigger bonuses. Eventually share price reverts back to the mean so to all intents enterprise value has been reduced -- but look at the shiny new yacht the CEO bought!
SavageDrums
There's an option for something other than bad management?
ChrisTheEarthenoid
Only if the owner is smart and doesn’t like going bankrupt. Of course they won’t listen, because it’s difficult and hard like fighting cancer. It needs to be done though, because we all know what cancer does.
ulfgarBentbeak
people like easy numbers. "Hard" numbers. It's kinda like survivorship bias. Where data that is concrete/easy to quantify is given much greater weight, while hard to measure data is considered "junk". It got a lot worse with the rise of computers.
KatByte0
It's like how everyone just agrees shoplifting costs companies millions, despite it basically costing them nothing. Product loss just sounds rational on paper.
DesignatedDrinker
Every year, retailers lose 45 billion to shoplifters. /s
ChrisTheEarthenoid
Walmart: we lost $68 billion to wages in one year!!

Stockholders:
ulfgarBentbeak
Shoplifting is the smallest type of "Shrink". Funny enough, when reporting to the media companies always present Shoplifting using Shrink's numbers. For those who don't know, Shrink includes all product lost but not sold. So anything that an employee takes, anything that expires on the shelves, and anything damaged or defective as well. Actual shoplifting is ~10% of that. If shoplifting was as bad as they say, there wouldn't be self-checkouts.
Asadsadsadclown
Overwhelming majority of product loss is stores just tossing product. Not just expired food, literally everything. There is an entire subsection of YouTube devoted to dumpster diving at GameStop. 90% of the time they destroy everything before they toss it too. https://youtu.be/W8ckTBLBtE0?si=kGRYtxDPmHYReWEW
ulfgarBentbeak
My background is in Grocery, so most things that get tossed at were on the shelves long enough to expire first. Though there were some non-parishables that got tosses simply because they aren't in season or because the store is cycling a non-performing product for another. Retail has a lot of waste. The first Grocery Store I worked at threw out about 400-600 pounds of expired/spoiled meat products a week. About half were only "spoiled" because some idiot broke Cold-Chain.
VitaminJay
Ugh, the 'paying for your own uniforms' I feel. Fuck Kinko's and that bullshit.
Handyolo
That is not a uniform. That's a dress code.
Feralkyn
God, the only time I see that here (Germany) is for safety-style work clothes and those can be used at any job that requires them, it isn't a uniform. If you need a uniform here it's almost always provided, in my experience
thisisjustmethisisme
By Law employers HAVE to provide adequate protection for free in germany, including
laundry and maintenance cost. Only case you have to pay yourself is, if you want a higher quality. Same goes for mandatory uniforms.
Feralkyn
Yup I assumed it was due to law. Corporations wouldn't do that to be nice lol. German unions are SERIOUS business
StillNotYouTube
hey, but it's tax deductible! As if anyone can beat the standard deduction anymore...
VitaminJay
Don't need a deduction of you're paid so little you don't pay taxes...
JarJarBinksKisser
I am too fat, They dont make a 3XL company shirt. I get a free pass.
VitaminJay
That job just fired the fatties and uggos.
babaganooshtallywacker
When I made manager and could wear a regular polo or dress shirt I was so happy. But I made sure to order 4-5 shirts each month for my team, I never made them buy their own. Kept a stock 10-15 work polos of different sizes and always refilled. Most of the managers in my district did it to, so we could max out our budget
Fedotia
*laughs in European*
Sparrowcide
I've dropped a ton of money on scrubs in the past few years
NothingPrince
At Hungry jacks, burger king, as a kid you had to hire your uniform.
izzi7713
So my work, you get two polos. You must buy the rest and their polos range from$15 to $60. BUT you must also wear their jackets. Those can be from $30-$200. Approx two weeks shipping, so you get hired in the winter? Too fucking bad!!!
Koldfront
Company asked if I wanted shirts/polos and how many, I told them "no thanks they're ugly :)" to which their reply was "that's fair". Benefits of working in a lab setting I guess, but tbh if you're not in direct contact with customers, uniforms can actually fuck right off.
5cX469Nit9JuI1MAZG5c3AdA
Did they really? Where do you even get clothes like that?
SoupCanMan
Cintas.
VitaminJay
Special order catalogue direct from the company. Your choices were 'itchy,100% polyester', or 'fuck you, you get the itchy polyester shirt'.
ClessAurion
Knowing how messed up the US is, probably they themselves sell them to you.
Pseudosim
Yep. I briefly worked at target and they point you to the aisles you can get the red shirt and khaki pants you're required to wear... Even durring night shift restocking. When tye store is closed.
xlr82xs
For very reasonable prices I'm sure /s
ClessAurion
Exactly, totally not overpriced in order to make even more cash!
AnonMasterRace
They learned from the college book sellers.
goldfishsmiles
I’m from the US. Can confirm. They will make you buy their uniform from them and subtract the cost of it from your paycheck.
LupusLilium
Can't forget some of those companies after having charged you for it 'request' the uniform back. If you give it back, no problem. Don't give it back? Suddenly your exit from the company is much harder. Last paycheck suddenly has to be handed over in person? Oh and our schedule is a bit busy so you might have to either wait a while or come back tomorrow.
ClessAurion
Fucking dystopic.
SoberAndBored
I've seen that done in the UK. Catering company, they catered all kinds of things, like weddings, funerals, sporting events. They had a bad habit of hiring people on zero hours contracts and making them basically work their first event free to pay the company for the uniform and name tag, then not hiring them again. I was working for a law firm and they didn't take the claim on, so I don't know what happened.
InnsmouthTourist
"Here's one shirt for your 5 day work week. Extras are $20 each. And remember! Your uniform is supposed to be immaculate at the start of every shift or we'll write you up!"
GenesisNynja
I just bought a bunch of shirt for my employees and didn’t make them pay for the extras. Fuck the company lol, the least my people deserve is the shirts they’re forced to wear
BishlamekGurpgork
The uniforms were for a secure site; you weren't allowed to transfer them because of the danger that they'd be used to try and gain access to one of the agency's sites. The pants weren't distinctively marked, but the shirts and jackets had markings on them that meant we had to either return them or file a police report for the loss, just as if we lost a badge.
BishlamekGurpgork
Last job I had to buy uniforms at, at least we got a uniform allowance. I used it up every year, and maintained five uniform shirts, but just bought more and more pants and socks, because we didn't have to return those when we left.
IAmTheBadW01f
I've had various safety shoe purchase programs at various jobs, each of which being once a year. I found shoes within budget that last enough more than a year that by the time I got to my current job, which doesn't have this, I had a pair of boots that I hadn't even touched other than trying on for size.
bhobby1212
You had to buy the shirts and return them?
BishlamekGurpgork
Yes. They had agency markings, and the rationale given was that secondhand use could see them being used to try to gain access to secure sites by posing as an employee. But it came out of an annual uniform allowance, not my money.
BishlamekGurpgork
I could buy more that that allowance, of course, in which case I would not have been reimbursed.