Eight years ago today (!) I began working at a very large financial services company. I lasted nine months before I resigned. The only reason I lasted more than nine weeks is that my wonderful wife also worked there and it was great commuting and having lunch with her.
Although it is a very successful company I am mystified as to how that can occur given what I saw. My immediate supervisor was a…well he was…he was an a**h*le. If he is an example of middle management then I can understand how only 30% of Americans like their job.
The company “culture” was such that if anyone didn’t drink the company “Kool-Aid” then they would suffer no matter how proficient they actually were at their job. Creativity and individualism were not encouraged. Moving people to their highest-valued role as quickly as was practical was not a consideration.
People in my position underwent a six-week training course. Our job obviously involved using a computer, but the IM infrastructure there was surprisingly antiquated in my opinion. Multiple systems had to be used to execute job tasks. The company was trying to move all functions to one or two systems, but during training the instructors would still instruct on the older systems even acknowledging the company efforts to modernize.
When I resigned after nine months, only 5 of 12 people in my training class were still with the company. More than 50% turnover in less than a year! People vote with their feet when they can.
The silver lining in the cloud is that my frustration with work led me to start blogging. Of course the Evil Empire (aka Google) deleted my first blog after SIX years because, well because they’re evil. I have been blogging with WordPress for 15 months and they, so far, have treated me well.
This CNBC article is titled, “Higher minimum wage means restaurants raise prices and fewer employee hours, survey finds.” EVERY policy has real costs. Blind adherence to ideology is dangerous, very dangerous. Here is the beginning of the article:
“For restaurants, minimum wage hikes usually mean higher menu prices and fewer employee hours, according to a survey released Wednesday.
Harri, a workplace management software company that works with restaurants, surveyed 173 restaurants between Feb. 28 and March 15 about the impact of raising the minimum wage. The respondents represent more than 4,000 restaurant locations ranging from fine dining to fast food.”
Companies don’t possess infinite resources and cannot raise wages without consequences. By the way, governments don’t possess infinite resources, either.
While I wish 56packardman all the best with his new restaurant endeavor, I miss new posts on his blog (especially Gear Head Tuesday) and I miss his comments on this blog. In his honor, here is today’s Throwback Thursday car:
From roadtripdog.deviantart.com a picture of a 1956 Packard Clipper Super. I believe that by this time, and although it came too late to save the company, Clipper was technically a make separate from Packard. Notice the name on the front of the car says “Clipper” and not “Packard.”
For many this model year represented the last “real” Packards as beginning in model year 1957 all Packards were based on Studebakers and built at the Studebaker factory in South Bend, Indiana. Remember that the two companies had merged in 1954 with Packard, technically, as the acquiring company. Packard production ceased after the 1958 model year.
Clipper production for model year 1956 was about 18,000, which represented the majority of Packard’s total production of approximately 29,000. This Clipper probably had the Packard designed 352 cubic-inch V-8 with an output of 240 HP/350 LB-FT of torque.
To me the car looks like a Packard despite the badging. I think it is a gorgeous car and a great example of a 1950s American automobile.
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