Working Daze by John Zakour and Scott Roberts for January 21, 2022

It’s the great American corporate way!

The rarest thing in the world is common sense.

Game show syndrome

What Is the Peter Principle?The Peter Principle is an observation that the tendency in most organizational hierarchies, such as that of a corporation, is for every employee to rise in the hierarchy through promotion until they reach a level of respective incompetence. In other words, a front-office secretary who is quite good at her job may thus be promoted to executive assistant to the CEO for which she is not trained or prepared for—meaning that she would be more productive for the company (and likely herself) if she had not been promoted.

The company I worked for spent $14M to get rid of its wretched CEO. Best money they ever spent.

Ed is so wise, on his own way.

If he doesn’t get a huge payout, it’ll look like the board made a mistake in hiring him.

That’s about right

As long as you keep getting paid, don’t sweat it, Jay. Incompetence always floats upwards.

It doesn’t make sense, but it sure costs a lot of cents. …

“I’m sorry, but there’s not enough money in the budget for everybody to get raises this year…”

In my life I employed many people. I hated “butt kissers”. I promoted on the basis of work ethic, knowledge of the task required and seniority. I was not always popular, but no one could ever say I showed favoritism. I was known as a bitch by those who kissed up and got nowhere.

Easiest way out is by golden parachute.

As George Carlin put it, “It’s a club and you ain’t in it.”

It’s so they won’t spill the beans on the company’s or government’s incompetence…..

RIP Michael Aday. He won’t be needing a dashboard light any more

Most important CEO skill is negotiating a good separation package.

Public: CEOs get paid hundreds of times more than the workers!

Libertarian Economist: We must offer maximum pay and benefits to attract the best candidates.

Public: Then we should offer higher pay and better benefits to attract the best workers.

Libertarian Economist: That’s socialism!

Meanwhile, the lowly employees (Jay, for example) will have to endure pay cuts to make up for it.

Am I right?

Training seems to have fallen out of favor by corporations.