The competitive disadvantage of average

in LeoFinance2 years ago

It seems like the world media is goading people into quitting their jobs, with it sounding more like a dare or a "you're stupid if you don't" scenario. The amount of articles talking about the Great Resignation is quite astounding really, considering there is also a war going on and the economy is collapsing globally. Many are citing "burnout" as the cause, which is understandable for many considering the last couple years, but is quitting the right thing to do?

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Well, this depends of course on the person, because there is a lot of vacancies at the moment, as the world tries to recover from the mismanagement and extraction activities that have led to such a dire situation. What is true though, is that if a person is skilled, experienced and motivated to work - there is a lot of money on the table - because the majority of people going for jobs, seem to be overvaluing themselves greatly.

Perhaps it is because they were encouraged to believe that they were the ones that should quit their jobs, that they are the ones in demand. Well, like it or not, people who get burned out, aren't exactly moved to the top of the employment list.

Why'd you leave your last position?

"The workload was too high and I couldn't cope."

You're hired!.

If burned out once, the chance to get burned out again are much higher, as the threshold comes down on the level of stress required. So, hiring someone who hasn't been able to manage their workload in a previous position, becomes a risk, even if the new position is less stressful. At least anecdotally from my experience, the people I know who have been burned out, tend to burn out again.

Part of the reason for this is that while people are affected by stress, the general move is to avoid stress, but no move is made to learn how to manage stress levels. Avoidance might lessen the stress levels for a time, but as soon as the stressors return, the person is right back where they started, ,if not worse, because now they have to admit that they really can't cope - it is no longer a one-off problem.

I am definitely no expert at dealing with stress myself, but I think I have built up a level of resiliency that allows me to perform under stress, even if unwillingly. It would be grand to not feel stress at all, but that would mean that I am not pushing myself, not growing, learning or being challenged - and that sounds like pretty damn boring life.

I remember hearing somewhere that it isn't stress that kills, it is our belief that stress is a negative. Those that don't see stress as a problem, tend to not be negatively affected by it, even when they are experiencing it. Perhaps though, this belief is part of the coping mechanism and it could be argued that it is avoidance, by failing to see "reality" as others see it. That is funny, isn't it?

We each build our world view through a whole lot of factors, but when people believe differently to us and even if it is working for them positively, we see it as wrong. How come it is so difficult for us to admit that the way we do things is not necessarily the best way to do it and then change to something that could work better?

We might have all the world's information at our fingertips, but we aren't very wise, as wisdom is the right application of knowledge - so if we can't apply what we have learned to improve ourselves, our conditions, or surroundings - what is the point of having access to all that information?

Seems a waste.

Sometimes I wonder what minds like Einstein or Da Vinci would be capable of given the resources we all have in the palms of our hands today - what would they do with that level of access? Perhaps they would just be playing Candy Crush.

I suspect not though, as creatives tend to be very poor consumers, as they spend their "free" time and resources on activities that help them generate, more than consume. The fact is that while we are very creative as a species, the majority of us make nothing at all and that is why we are employees - because that way, we don't have to think that much, we can just be directed and told what we need to do to produce something of value.

That sounds harsh.

But it isn't really, it is just the way we are. When I go to work, I don't have to think that much about what I am going to do each day, as the business itself narrows and defines what needs to be done. Then, there is a collection of skills and roles, where I am a piece of that production line, chosen for the position based on the skills I possess. It is like gaming software, it feels like there is freedom of choice, but it is still dictated by the code.

Of course, this is the same for all things and this is where a real artist can thrive, as art in essence is a challenge of the code, questioning if there is another way to do what is currently being done. But, this is a rare breed, because the fact is, averages exist for a reason and the majority of us want to be part of and therefore, follow the group. This means that our "success" in our endeavors, is the attainment of average.

And this is okay.

Because chances are, you, like me, are average. Average height, build, intelligence. Average in most ways - but what makes you stand out from me, me from you? Isn't that our competitive advantage, our opportunity to add value to the world? We might be very different in some aspects of what we are capable of, so shouldn't we be leveraging this wisely?

The problem is that while most people have been told they are special and unique, most of us have never explored what this actually means and what sets us apart. We may feel unique, but when we are doing what everyone else is doing, are we special?

And this is the same with the information we have at our fingertips, or the resources we have available to us - if we are doing what others are doing, we are going to most likely get what others are getting. If the average person is unhappy with their life conditions - why are we modelling our processes on them?

It is good that people are thinking about their employment situation more seriously now, but I wonder how many are going to do what it takes to improve their lives, and how many will be worse off for it. I suspect that listening to the media on this is like listening to the media for investment advice - if they are saying one thing - you might want to turn around and walk the other way.

Something to think about before quitting.

Taraz
[ Gen1: Hive ]

Posted Using LeoFinance Beta

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And there I was thinking all the vacancies were from people refusing to get vaccinated and everyone left behind getting burned out from the extra workload XD

I suppose all the reasons @aussieninja mentioned are valid too ;D

We each build our world view through a whole lot of factors, but when people believe differently to us and even if it is working for them positively, we see it as wrong. How come it is so difficult for us to admit that the way we do things is not necessarily the best way to do it and then change to something that could work better?

Some egos require external validation and are apparently completely incapable of nuance and anything that isn't giving them that has to be wrong because the other option is they might be wrong and that absolutely cannot under any circumstances be an option.

Amusingly I always thought it was a "better" idea to watch what worked for other people and see if their processes were stealable (as in if it looks like it would work for you "steal" it and try it out) but apparently this is also something that shouldn't be done because get your own ideas/somehow be your own person, if you copy others you don't have an original bone in your body and deserve contempt? I donno with some people XD

creatives tend to be very poor consumers

Why you gotta call me out like that XD

I actually feel terrible about that, because I want to comment on all the things, but sometimes have to choose between commenting on all the things or making things x_x do you find that yourself? Or is that why you don't sleep either? :D

And this i s not even counting the number of professionals and other such smart people that insist that creators need to consume widely to learn and gain inspiration (I don't need inspiration, there's too much going on in my head, learning is always good though). I don't know how or where they find the time x_x

And there I was thinking all the vacancies were from people refusing to get vaccinated and everyone left behind getting burned out from the extra workload XD

Only in WA ;D

because the other option is they might be wrong and that absolutely cannot under any circumstances be an option.

If what I am doing is wrong, why did it feel right while doing it?

Stealing is okay to build a base from, isn't it? Once the knowledge is paired with skill, then development is far easier. As long as not getting stuck in repetition :)

nd this i s not even counting the number of professionals and other such smart people that insist that creators need to consume widely to learn and gain inspiration (I don't need inspiration, there's too much going on in my head, learning is always good though). I don't know how or where they find the time x_x

They don't find the time - they write books telling other people to. Most artists (of many kinds) I know are far too busy doing what they do, to spend their time consuming. Often, their houses are a bit of a mess and falling apart too, because fixing it takes time, but doesn't add to their creative process :D

Stealing is okay to build a base from, isn't it?

Depends on what you're stealing. Processes? I reckon go nuts, experiment, find out what works for you. Styles? Usually helps in learning. Other people's stuff passing off as your own? Well you deserve whatever negative things happen as a result then.

Most artists (of many kinds) I know are far too busy doing what they do, to spend their time consuming. Often, their houses are a bit of a mess and falling apart too, because fixing it takes time, but doesn't add to their creative process :D

[slinks away guiltily]

Other people's stuff passing off as your own? Well you deserve whatever negative things happen as a result then.

Burn them at the stake!!

[slinks away guiltily]

I am not a creative - just lazy. :D

Disagree dude! Only a creative person could pump out as many thought-provoking posts as you do.

My understanding is that the Great Resignation isn't about burnout necessarily, it's about the pointlessness of the whole system. Similar to the Lying Flat movement in China, it's basically people realizing that the system is totally stacked against them.

For example... let's say there is an average looking, average height 24 year old in America:

  • Has student loan debt of, say, $200,000.
  • Only unpaid internships or terrible minimum wage jobs are available at their level of experience.
  • Most roles they studied for have been outsourced overseas.
  • Rent is incredibly high because Corps are buying all the housing stock.
  • Buying a house seems absolutely impossible.

Everything is stacked against them and then the pandemic rolls around, lockdown starts and this average person in their minimum wage job is screamed at, abused and at risk of getting sick. Who would put up with that?

The pandemic and lockdowns served as a bit of a reset button as people had a chance to figure out what was important to them. The Great Resignation isn't about people quitting and doing nothing, it's about them creating a life that actually makes them happy. Maybe they've moved to a much cheaper place and have become content creators, or whatever.

A lot of the media outrage I've seen about the Great Resignation is companies appalled that no one wants to do their terrible jobs for the terrible wages they offer. There is a lot more opportunity now as you said, so people can afford to be way more choosy.

We've all become so much more productive in the last couple of decades, yet median wages haven't risen... all that profit from all that increased productivity is going towards shareholders, not the workers... so yeah, I'm happy for people to resign to work for themselves or choose not to break their backs making money for The Man.

But inflation! Dollar tree was in such terrible financial shape (profits up 30% i think?) that they had to raise prices 25%! That damn economy!!11

Yeah add all kinds of mandates on top of that and you’ve got a good recipe for “peace out!” Scenarios.

Exxon Mobil: highest profit in 7 years
Chevron: highest profit in 7 years
Shell: highest profit in 7 years
BP: highest profit in 8 years

Gas prices: highest in 7 years - Inflation!!!!

Yeah, definitely don't blame people for peacing out or just finding some remote work in a much cheaper town.

Yeah that's another thing, the fucking ridiculous cost of living in many places. My wife wants to buy an investment property because rent can be like 2k a month but I'm silently asking "do I want to charge someone 2k a month? that's too fucking high"

We are going to be peacing out of where we live in New England for a much more affordable place this year that's for sure.

My understanding is that the Great Resignation isn't about burnout necessarily, it's about the pointlessness of the whole system

not just burnout. What the media are doing is "trumping it" - giving a whole range of reasons to quit.

It is happening here too and it isn't just those crappy jobs that don't pay - education is free in Finland, the conditions are good, there is job security, unions, protections for workers. Yet, people are still convinced they should quit?

Not that it is all rosy here, but there are limited options to meet the personal demands people have - and OnlyFans only supports so many people and of a certain type.

We've all become so much more productive in the last couple of decades, yet median wages haven't risen...

I ma not sure we have. Automation has made us more productive for sure, but are we as hard working? Yes, one person has to take on more roles now - there is no secretary and personal analyst etc - but I am not sure our productivity has gone up, but the amount of employees needed to produce has definitely gone down.

One of the companies I work for had 300 people in a workshop 20 years ago, now they are producing twice as much with 75 - the people working push some buttons.

And yes, profits are made but not given to workers, which is why we need to become owners :)

Hmmm, I totally see what you're saying... but productivity is measured by how much you produce... not how busy you are or how hard you had to work to produce. The company with the workshop is producing twice as much with 75, and I'm sure their backend processes (invoicing, HR, admin, support) have all become more efficient too... so they're producing more, their costs are substantially lower so the company is swimming in profits... and yet the people doing all that producing aren't getting rewarded for that extra productivity. It's not like the 75 are getting paid that same overall salary as the 300.

So yeah, people should quit... until the workers start getting paid like they are owners. The companies can't run without any workers (at least not yet) so maybe companies should start being a lot more generous?

And yes, profits are made but not given to workers, which is why we need to become owners :)

Totally agree... but how do people become owners when the whole system is stacked against them? Rent is so expensive, pay is abysmal, cost of living is so high... if you can barely make it paycheck to paycheck, how can you possibly become an owner?

and yet the people doing all that producing aren't getting rewarded for that extra productivity

Yep, I get this too - which is part of why there are people like Bill Gates saying that robots should be taxed like people. But, the question is, what is acceptable as a salary for a person that doesn't necessarily do that much? I have the same issue with CEOs and execs too. I think there should be a salary cap on CEOs, where for example, they can't earn more than 100x someone in their supply chain. That is not just their company.

So yeah, people should quit... until the workers start getting paid like they are owners.

I also think that employees should earn more stocks and options. This makes them owners. Everyone should be treated like an executive, just at different rates perhaps.

Definitely absolutely agree that employees should earn more stocks and options, even at the lowest levels. This is a great idea that I actually haven't thought of or come across before.

Absolutely love the idea of CEOs and execs not earning 100x in their supply chain. Of course stocks, benefits, etc tend to muddy those waters a lot.

The question on an acceptable salary for someone who doesn't do much is a great one. I think it comes down to responsibility... you might not actually do much, but what happens if you don't do the things? I think we've spoken about this before, but generally people are paid according to how hard they are to replace, not what they're worth.

Of course stocks, benefits, etc tend to muddy those waters a lot.

This is why it has to all be transparent and on blockchains - it has to always equal zero and if it doesn't - shenanigan's are happening.

but generally people are paid according to how hard they are to replace, not what

Yes, which is why so many used to hoard information to make themselves "safe" from getting fired. Now, it is those who do this that get fired - -collaboration is key and it is hard to replace someone who is the glue in the communication chain.

All of this raises a lot of interesting discussions and ideas - and they should be talked about openly. We need to reevaluate and define what it means to "have value".

Absolutely!

The idea that any company doesn't allow their employees to talk openly about their salaries just seems so predatory. Absolutely love the idea of moving it all to transparent blockchains.

The resignation is certainly something that I think is interesting to watch. Just this week we had 3 project managers give their notice, two I don’t know where they are going but one of them I talked to and he’s heading in the direction I want to go back in when I can, the support side.

I think some of the factors for working conditions, poor management on many levels and pressure to constantly do more with less is getting to a lot of people. Then add some mandates on top of that and it’s a recipe for pissing a lot of people off and saying screw this shit. It’s definitely an applicant market right now, I get emails every week looking for my original skills and offering pretty generous signing bonuses so there’s ample opportunity. Hopefully people have the drive to go for it but I know many don’t. Where I used to work there’s a skeleton crew now. We used to have 2 people per unit, 3 units and one floater plus a supervisor. Now they have one person per unit and sometimes no floater. A lot of people are fed up with the horse shit. This one girl resigned to go backpacking for 6 months lol.

Why do you like the support side? (out of curiosity)

Conditions aren't good for many, but this isn't necessarily the case in all locations - yet the resignations keep happening. My question is, how many are influenced by the advertising, even though they don't actually have reason to make a move?

This one girl resigned to go backpacking for 6 months lol.

This sounds like fun, but does she become unemployable because of it?

I enjoy getting a problem and having to work through it, look at all kinds of different spots to get to the bottom of it all. I had a lot of fun in my last role where the people I used to work with couldn’t solve some stuff for the year and a half before I joined, I came on board with a different perspective and solved one in two weeks and worked to solve two more over 3 months. Granted I know not all things are able to be handled like that but I enjoy that type of stuff.

With her skills and their desperation, she will be employable still. If she can’t find a job she could always do travel work, they pay well for people to have travel assignments since it’s not for everyone.

Problem solving is fun - if I had my choice, I would be a "trusted advisor" of some kind, just walking around the office giving ideas :D

15% of the world population is considered disabled according to World Bank, and but there can be a 1 to 2% of them might have a some kind of job.
56% of the global population has some kind of job or business, which I don't think represent real figures, anyway. And if we consider 3-5% population above average and 50% as average, if those 50% are average and help the whales run their businesses, it could be disaster if the resignation movement gets successful, the global economic situation might crumble and the governments could go bankrumpt.

I think it is ridiculous to quit a job just someone consider somebody to be an average, because these average employees actually back the whole economical system.

15% ?

That is a lot.

it could be disaster if the resignation movement gets successful, the global economic situation might crumble and the governments could go bankrumpt.

This might be the best outcome :)

Average people are quitting, whether they back the system or not. The problem is, do they realize the power they have? obviously not - because the conditions they want to improve are going to degrade further.

I don't know much about the movement Great Resignation. Who has started it? What is the goal?

Burnout might be a reason, but there is a realty in the world that you have to work or earn money to live your life as in the standarts you choose and to achieve your goals in life, if you wasn't born rich.

If one says that they will resing due to burnout and would like to focus on HIVE to live off, I might find it sensible. Otherwise, resing for what? They are many to replace them.

The media probably started it :D

The thing is, that many of these people have very little idea what they are going to move into - they go off to "find themselves" - if a person can't find themselves while working a mundane job, they probably aren't going to find themselves anywhere else either.

Here where I live, the local restaurant, (diner really), is losing a few employees, not to stress or anything but to employer sniping. One has been offered a job and training in the oil fields, (north slope), for much better pay, one is going to work a farm for the same reasons.

I think the "Head Hunter" jobs are going to be doing really well for the next couple of years. People looking for people working with the skills their employer needs.

Two employees, stolen by customers. The wheels of commerce are turning pretty good here, and a lot of change is coming for my neck of the woods.

headhunters are having a field day at the moment, one thing that is a bit of a challenge though is, companies are able to snipe back and attract with a bit more money. The other thing is, the headhunters are not doing a great job of matching people to job at the moment, there is far too much noise in the process. Filling positions, especially skilled and very well paid positions, is very hard currently.

In Alaska the headlines do not always reflect the reality up here. It seems in a lot of respects we run contrary to most areas. It was not long ago all the talk was about housing and mortgage rates and how dire the situation was. We are getting a new 160 homes built very close to us. The surveying is being done, and a lot of clearing being done, and I really live in a very small community "At the 2010 census the population was 549, up from 471 in 2000."

Change is coming, my wife and I are just hoping it will remain single family homes and not duplexes or apartment complexes.

firstly, the person is enthusiastic about work and experienced, but either he finds the job stressful and tiring, or he doesn't consider it as work that develops his abilities, but rather routine things that are repeated for the sake of an expiring wage. I encourage leaving the non-meaningful job in life. The person should study and understand what is around him, not a machine for executing orders.

It is good to have a fulfilling job - but at what cost? Is an empty stomach better?

It is good to find a job, but according to my point of view, staying until retirement is suicide. Why not work for 5 years in which we collect large capital to start own project, we will become profitable in two ways, the first is time and the second is comfort and effort with higher income.
The problem of the current generation is that they want to work with a guaranteed wage at the end of the month. How can a particular country or human mind develop with this way?
Do you understand my opinion friend?

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I am definitely no expert at dealing with stress myself, but I think I have built up a level of resiliency that allows me to perform under stress, even if unwillingly. — this is a super power in my own books . Most people aren’t gifted enough to be resilient against stress at it sorts of weight them down mentally. Doing what you don’t love or fancy doing takes and saps a lot of vibes and energy.