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.
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.
charliefarmrhere almost 3 years ago
It’s the great American corporate way!
KLSeering almost 3 years ago
The rarest thing in the world is common sense.
ncrist almost 3 years ago
Game show syndrome
j_m_kuehl almost 3 years ago
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.
pschearer Premium Member almost 3 years ago
The company I worked for spent $14M to get rid of its wretched CEO. Best money they ever spent.
Aladar30 Premium Member almost 3 years ago
Ed is so wise, on his own way.
The Reader Premium Member almost 3 years ago
If he doesn’t get a huge payout, it’ll look like the board made a mistake in hiring him.
rickmac1937 Premium Member almost 3 years ago
That’s about right
Lee26 Premium Member almost 3 years ago
As long as you keep getting paid, don’t sweat it, Jay. Incompetence always floats upwards.
WCraft Premium Member almost 3 years ago
It doesn’t make sense, but it sure costs a lot of cents. …
Ken Norris Premium Member almost 3 years ago
“I’m sorry, but there’s not enough money in the budget for everybody to get raises this year…”
DawnQuinn1 almost 3 years ago
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.
Bradley Walker almost 3 years ago
Easiest way out is by golden parachute.
MartinPerry1 almost 3 years ago
As George Carlin put it, “It’s a club and you ain’t in it.”
raybarb44 almost 3 years ago
It’s so they won’t spill the beans on the company’s or government’s incompetence…..
RobinHood almost 3 years ago
RIP Michael Aday. He won’t be needing a dashboard light any more
willie_mctell almost 3 years ago
Most important CEO skill is negotiating a good separation package.
David Rickard Premium Member almost 3 years ago
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!
Dragoncat almost 3 years ago
Meanwhile, the lowly employees (Jay, for example) will have to endure pay cuts to make up for it.
Am I right?
Night-Gaunt49[Bozo is Boffo] almost 3 years ago
Training seems to have fallen out of favor by corporations.