The End of STABLE JOBS | Simon Sinek
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- Опубликовано: 20 окт 2024
- In business, layoffs are often used as a tool to preserve profits and hit arbitrary goals. Its prevalence has led to a perpetual fear for most of today's employees.
Recorded at Cox Communications, December 2021.
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Simon is an unshakable optimist. He believes in a bright future and our ability to build it together.
Described as “a visionary thinker with a rare intellect,” Simon has devoted his professional life to help advance a vision of the world that does not yet exist; a world in which the vast majority of people wake up every single morning inspired, feel safe wherever they are and end the day fulfilled by the work that they do.
Simon is the author of multiple best-selling books including Start With Why, Leaders Eat Last, Together is Better, and The Infinite Game.
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#SimonSinek
This was predicted 40 years ago. One of the major banks in Canada put out a booklet - I believe it was called - Money Matters - which outlined the world of work in 30 years. The booklet stated that everyone will have a specialty and groups with individual specialties will come together to complete a project and once the project is complete they will disband and move on to the next project. I remember reading it and it made a huge impression on me. This is what we have now.
Incredibly so! Its proven to be a much more efficient form of time management on a macro scale.
wow, thanks for sharing
@@jefferyhellerjh Yeah, but if you're not someone who is specially good at one specific thing that is highly valued, you're literally just a paper weight, being passed around from company to company once that company either folds (which is very common today) or they just lay you off because their supply is too big and demand is too low.
The only thing I heard Simon really relay in this speech, was that the reputation of companies was faltering because of the blatant and obvious nature of the policy they have for the bottom line. I’m guessing this seminar was to help companies improve their image, or get advice from Simon on how to improve in one way or another? I may be wrong here but it sounded like he was trying to explain why the distrust is there without demonizing the practice of holding workers future by a string.
In the midwest of America I have watched the jobs disappear completely, and know many skilled workers who are struggling to make ends meet decades later. The jobs weren’t replaced with “new projects.” They were just moved overseas, or automated away. I watched it happen, and have talked to many older workers who watched it happen before my time. Since the 1970s we have replaced millions of workers with machines, and then eventually sent even the machine operator jobs to a low wage country somewhere, leaving everyone in my area scrounging for some kind of income. It’s not that I don’t think some people couldn’t innovate and work hard to start their own business or service to stay afloat. Many in those situations have! But when there are thousands, hundreds of thousands, and millions of people left jobless…. You really expect even half of them to find a niche opportunity to compete against all the other unemployed and laid off folks that might be trying the same thing. In some of these communities nobody has enough money to pay for services or products regularly because they are all out of work. It’s the vacuum left behind when layoffs happen in America that has made the optimism of men like Simon hard to swallow.
Agreed
One of the many silver linings of the pandemic was that it exposed to many how out of balance the power dynamics were between employees and their employers.
Yeah, in most global companies it became pretty clear how few people you actually need and how few things you've to provide your worker, who's desperate to meets months end.
I mean, now you don't even have to go to a "Work Building" anymore; you just gettin' a Laptop and they say "Make the stuff happen, or ... Well.", and then you'll start to sit there, workin' even 12 or 13 hours á day just to finish some excel sheets, not clockin' in the overwork time.
This has been going on for decades. I was hired in early 90's at a company that had great salary, training, benefits, and people. In fact the company had been around for 40+ years. The owners went around and chatted with every employee each day. When they knew someone had a problem they would take care of it. They gave small and large rewards for your work, from gift baskets to week long cruise ship vacations. I really thought I was going to work there forever and retire from there. A few short years later, the company went public and it became all about the profit. The management changed. The company brought in the suits. And shortly later layoffs happened. The company would eventually merge twice before disappearing completely.
When companies place profit above all, and when they go public, there is no future for an employee in that company. You are merely another "human resource" manning the oars at the bottom of the hull of a big corporate ship, completely in the dark and oblivious as to where the ship is going or if the ship will run aground or be sold off. You just row and row and row... day in and day out.
That's no way to live life.
brilliant
beautifully worded. thank you.
That last paragraph just great. I'm going to keep that, print it out and pass it along to others as a warning in life to prepare for what is to come.
Geo, thank you so much for that story ❤
Spot on
When my dad died he left me $100,000. I put it in an investment company and make $5,000 a year off it by doing nothing. It's a small taste of what wealthy people do to make money. NOTHING. They already had money to build on and they make money from it by doing nothing. But making that initial money in today's world is almost impossible. My dad is the only reason I had 100k to build on.
@@NoNo-ro9gx Yes! I just got a small taste of that. I made money off of just having money. It's nice when it's happening to you, but sickening when you realize how many wealthy people make a majority of their money. It's not through hard work like we were told. They were given money, then invested it in safe, almost guarenteed profitable stocks and they get another dollar.
Damn it makes sense now why when i go to the ferrarichat online forum and search for how ferrari owners made their money, they so often give sarcastic replies like "i deal drugs" "i do human trafficking" etc. A few give honest responses like what they majored in and what their career paths looked like etc. and oftentimes the person asking is a teenage kid who has no tact and is demanding answers while calling everyone on the forum "rich old men" which can be offensive. But i do not doubt that at least some of them just dont wanna admit that they inherited lots of money and learned about investing. Cuz that answer would kinda kill that thing that society always tells us, which is that you can accomplish anything with enough hard work. Its not impossible but its not a given that only hard work equates to success. You can work your ass off all ur life and die prematurely due to stress and health problems.
@@GreenEnvy. my former bosses’ grandchildren will never have to work. This nugget was shared by the CFO to a few employees, one of whom told me. Meanwhile, in the 10 years I worked there three of them we all went without raises and/or bonuses because of some business reason. Those reasons were minor but allowed him to channel more money to children who haven’t been born yet.
@@TheDriftwoodlover i would also say it may create a distorted way of thinking. I once watched a video with how this self made father who lives in the hamptons and NYC and has 2 "children" two 30 year old women influencers. Well the only way they got some sort of access to influencing and such was because of their dads hard earned money. They didnt have to worry about rent or place to stay during the panda. For all we know, daddy may have bought them an apartment and paid their credit card bills giving them a monthly allowance. They were literal brats and definitely not a represeation of the humbled father - but well its his "kids" and he must take responsibility that in some way he raised them this way lol. But i think in these ways, the heirs often have this sort of distorted thinking that they have achieved so much on" their own". But dont take in the fact that most of the reason they got there was cause of their familial financial influence. Someone who comes from nothingness and from 0 would find it extremely difficult / almost impossible to reach the same level in the same timeframe - or just give up because LIFE. I say this in reference when i was doing fashion weeks and started from 0 with practically 0 financial support, i got no where in several years. But someone with financial privilege and background, it cant be denied that it would make things easier and faster, in regards to these snobby influencer sisters lol... and btw everyone in the comments of that video was like wooooow.... what a shame cause they live in a delusional world. Plus they humiliated the dad - like why do the video if you knew the backlash, but like i said, the dad must have had some part in how the "kids" were raised lol. Oh wells. I'd assume this scenario of delusion would be common in more financially abundant and generational wealth families and with their heirs...
When I first started at my current job I absolutely loved it and thought it was the best job I’ve ever had. They treated the people so well and had genuine care for us and we got paid fairly. Then we got a new VP and things changed rapidly. The company started prioritizing production and money #1 over employee healthy and safety/work life balance. We had more safety incidents in one year than the last 4 years combined. Machines were breaking every day. People were burnt out and miserable. Nobody enjoys their work anymore. I absolutely hate being there and am looking for a new opportunity. It went from being my favorite job and one I could have seen myself working many years for, to an absolutely dreadful one that I hate going to every morning just based on employee care and appreciation alone.
Sounds like what probably happened at Nestle around my parts.
I went through the exact same thing on my last job. I was so frustrated with the way we were now being treated. Felt amazing to leave
Its the same for me. However, that great company actually put me in a comfort zone which I am strugling to get out of
This started in the UK in the early 1990's. It started to be regarded as good business to downsize at regular intervals to make your workforce fearful and compliant. Hot desking had a similar objective to reinforce to employees that they are expendable and not permanent and can be got rid of at any point. Everyone went along with it because there was no one to say no. We had all been conditioned to think unions were a bad thing and only losers needed employment protection.
Stay away from call center jobs. I worked as a bill collector for two big major banks and both companies laid everyone off and shut down the whole building. When it comes to banks, they’ll do anything to save a buck.
I worked in a call center jobs and the company won't fire you BUT if the client (the company we worked for (ex. Comcast, Sprint) decided to pull out, we will be transferred to another client with new boss, faces, new process and that's not stable for me.
It's like going back to zero again and again.
Thanks for sharing
Last time I was laid off, it came without warning after I was deemed an essential worker through the entire duration of the CARES act, then fired the day it ended. To make matters worse my healthcare also expired less than 24 hours afterwards if I didn't pay a $700 per month out of pocket premium- And that was at the height of the pandemic. From essential worker to fired with no insurance just like that.
That’s the issue of having jobs connected to health insurance. It never made sense to me why we should place our physical health in the hands of people who have absolutely nothing to do with us and can take it away any time. The US rationalizes no universal Health care so the companies can squeeze everything they can out of you.
@@goldcherries True. But if you think about it, companies have more control over an employee if they hold the insurance.
Investments ensures present and future financial security, It allows you to grow your wealth , that's why it's a necessary path for anyone who wants to expand income but it's a hard and critical process, without proper guidance it does more harm than good.
I can tell from these comments that most of you missed rule #1 in wealth generation: ownership. You gotta own something. If you don't like the way some businesses operate, start your own. Stop voting for the success of other people, and use your dollars to vote for your own success. You DO have a choice. But if nothing changes, nothing changes. Everybody wants change, but nobody wants TO change.
Hey smart guy, how do you own something if you were never paid enough to own something? You act like starting a business takes no money. Explain details or you're just a fluff talker.
To expand on that thought, stop putting your money into the pockets of incompetent corporations and invest in small, local and sensible businesses. Don’t like mega-store schlock? Don’t give them your money. Make them JC Penny or Sears. It will cost more immediately but less long-term.
klaus anal schwab say you will own noting and be happy, what do you think about that?
I had a passive aggressive comment made to me today. Imagine telling 1 person as an army... that she's full of herself bc she saves and wants more out of her life, & refuses to keep getting disrespected ...bc God. Well, for the men of my house, they're not doing much leading... in general either. So, there's that. I been my own army all my adult life... dont tell me now I can't do sh. now. Little l8 for that 1. On the flipside, covid done turned my world upside down. 🥴 that was a compliment. Also also ur comment was a bit contradictive. But at least she won't hafta struggle as much as me
The 1950's was the last decade for stable jobs in America. Many people started a job at age 18, by age 38 they could retire and have a pension the rest of their lives, many times people would have the same job from age 18 until they were a senior citizen. Employers were loyal, employees were also loyal, they did not job hop. You could buy a nice sized home for under $40,000. Families still had lots of kids and everyone was happy. There is a reason it was called the "Greatest Generation".
The generation that also destroyed the next generations for their morally degenerate behaviors.
Everything change when the Vietnam war started, including the killing of JFK and his brother. It went down hill from there
it's frightening how real this is in 2022.
The old guard critique the new generation about their lack of commitment and loyalty to any one employer
all the while more and more states are "right to work" states where they can hire and fire anyone at will...
no matter if you've worked 10 months for the company or 10 years.
Employers struck first when it comes to disloyalty.
Millennials are smart enough to see the destruction that it has caused to the old folk.
I don't see us a a society ever going back to the way it was where you work for 40 years at a company and then retire.
At the end of the day, we all have to look out for ourselves and our families because a company or organization is not going to do it.
Unfortunately this does not apply to the largest employer in the US, the government. It is the opposite. In the government, people that should be fired can't be. It is an enormous strain on leading from within the government.
It's because they're remnants of the old systems. I mean, people who are in office were alive when Martin Luther King was still with us, that means racial tensions at its highest, racial discrimination in public as a law, not being allowed to sit at the front of the bus type of shit. Those kind of people are still around in politics to this day. It will take around 50 more years for the politics to really change shape. So yeah, sadly I'll be in my early 80s by then, but it is what it is. hopefully by the time I pass away, life on this planet will be much much better overall for the average person. I don't want to see the world burn after I'm gone.
@@cryptidian3530 all the more reason to shrink or abolish the government, entirely. Institutional discrimination can't exist without institutions. I'd much rather negotiate with my neighbors on a local level than have the heavy hand of government handing down decrees from Ceasar on how s/he thinks I should live.
It's INSANE that this discussion is being had with people who are qualified, experienced, and able-bodied. Just think about how the job market is for someone without years of experience, or who has a partially disabling health problem, or who isn't entirely qualified to work at what they want despite their best efforts. It's utterly depressing.
The qualified, experienced people that don't know what it's like to struggle are the ones that become the spokespeople for majority of us poverty stricken under educated undervalued regular folks! As that's the only people that everyone will listen to at least that's how our society is apparently set up and it's ridiculous cuz I think out of guilt they are our spokespeople and they literally think in a classroom in Harvard they can figure out how to solve poverty when all of them are abundantly rich. Crazy, I know!!
It’s no wonder people go crazy
I graduated with my degree in 2017, have since then been laid off 3 times. Each time the company handled it differently.
1. Flew the VP out and broke the news to us face to face, months in advance of our project being shut down.
2. (Covid related) over zoom but the supervisor doing it was too busy with his emails to keep eye contact
3. We went home Wednesday night. And Thursday had a call saying not to come in until they talked to us. Overnight they had changed the locks and alarm codes so we couldn't come in. Additionally we had to ship our laptops and other equipment 5mins down the road, instead of driving into the office to clear out our belongings and return the company's equipment.
What the hell .. that's bad man.
A college degree or a name of a college does not guarantee anything. Marketing is great in promoting college names and many people fall for it.
What type of degree did you get?
What about freelancing ,u can try that
The locks changing and alarm codes being changed thing is actually psychologically messed up. Being laid off should not make the person feel like they're worthless, but more so that their skills are not required any more. Doing shit like the locks thing just makes the person question their worth and that's ALL on the employer. They're supposed to make you feel like you were a valued member of the company and unfortunately the path the company is taking will not include you since they will be looking for different skills. Or something like that.
We've been in the same school system and work system for 70 years. I believe the last 3 generations have realised we need to change fast, there's no time to waste.
Think how much things have changed in the last 70 years.
Even in the 27 years since I left high school, things have changed drastically - the introduction to the internet is probably the biggest driver of that change.
Most companies based their layoffs on quarterly earnings - they do bad - they have to let someone let go . I remember my friend works on Sun microsystem - was hired/ laidoff 5 different times -
I'm currently trying to make a change at my workplace. Probably won't get very far, but it's better to try than do nothing.
Good luck & thanks for trying to make a difference!
@@maybemaybenot44 thanks, I appreciate that!
Give it up
Employee "benefits". That's a euphemism for the employer withholding and sitting on part of an employee's remuneration. We need to excise this idea from our culture. Why should employees bankroll the employer's working capital?
The other problem is the financialization of the economy; whereby many (most?) employees are up to their gills in debt. This leads to a huge asymmetry in the employer/employee relationship. Economic serfdom; but at the pleasure and whim of the employer. It's makes for an inherently abusive relationship; not that it necessarily needs to be, but there becomes a distinct negotiation advantage for the employer.
It is this fear that is driving a generational move away from working for an employer. Many have blamed the government stimulus payout, but I disagree. The payout has allowed thousands the freedom to seek an alternative they have so desired. So in essence, yes. The stimulus enabled workers to leave their jobs. But that is not the reason the employee left the employer. They left to be happy doing something they have some control over or at least not have the corporate ax hanging over them.
I'm a hiring manager and I see laziness and entitlement from a lot of the younger generation (I'm what they would call a xennial). You give them 36 hour work weeks and they want 32. Give them 32 and they want to pick which days they work. It's a never ending cycle of give, give, give just in the name of retention. The industry I work in is extremely progressive so the people who work at these businesses usually have all the perks and benefits most people won't see in a lifetime. They get bonuses, there's no real grind or OT, free food, free coffee, free swag, 2 weeks worth of sick days, PTO days, unlimited vacations and yet people still aren't happy and will continue to find ways to be miserable and make excuses. If the company says one thing that is out of place a crapstorm will ensue. We need to find a balance here because giving the employees everything they desire doesn't always work. I am in middle management so I see both sides of the coin.
The stimulus payments have partially ameliorated the excessive leverage (student loans/vehicle finance) and speculative excesses (housing costs) that have built up in the economy. Stimulus has provided financial breathing room to facilitate changes that most people wanted to make but were otherwise too financially stretched to contemplate.
@@fc-8843 How about giving employees a proper sense of purpose? Maybe all those "perks" are just bandaids covering a shit job?
@@jonathanrabbitt When we have a terrible recession in the next year or so the only purpose people are going to want is the purpose of getting food on the table and paying the rent. See the Great Depression and the 1970's.
In todays world the most secure career is working for yourself.
Only fans isn’t a job Brenda
@@sakethief9365 Playing gin rummy is? 🙃
Yes, being self employed used to for the risky and adventurous. Now working for someone else is the sketchy path.
Yup, this happened to me back in October. Job gone over night unexpectedly. Employees aren't loyal anymore because the businesses and companies aren't loyal to us or even respectful.
Using this opportunity to work on my own blog and go back to school.
Right... try to always save a bit of money and learn new stuff... always! That way is easier to get the next job if you get fired or if you just dont like the job.... and eventually you will get to a place where they respect you... but asking for loyalty... nah that is too much to ask.
I for one am glad of the change happening. It’s long overdue. Yes it will be painful, even more so in the coming years. But it sure beats my children living a life of servitude.
That kind of disgusting approach isn't possible through a lot of the EU - you have to give weeks of notice. Often only 2 or 3, but still. The barbaric joke of company's expectations - if you want to leave, you have to give 1, 2, 3 or more months notice. Longer notice periods based on the length you've worked for the company. Yet everyone gets 2 or 3 weeks notice if they want to make you redundant. No pay rises for years and years. They want loyalty and show none.
Man I could listen to Simon constantly. His insight towards sociology (corporate or not), is unprecedented. I find it so fascinating to take a look at what the world perceives as normal, and simply ask, “why?”
if you are not making money while you sleep, then you will work for others till end of your life..........
I think the pay back to that culture is the great resignation phenomenon. Where employees also look at their jobs as just a cash income, even high paid professionals in the tech world. People will quit whenever they want or can. My main criticism of this culture is that there’s no long term plan of a career and prolonged contribution to anything. We are all just a bunch of mercenaries.
Tell me about it. The young gen have zero loyalty to what they can contribute but rather on instant gratification like high increment expectation.
@@izounokuda5461 Since you referred to "the young gen" in the 3rd person I assume you are not of "the young gen". So I want you to listen to this very closely and internalize it. Those in power taught us, the working class, that what we do doesn't matter. The lesson simply had not been repeated enough for the older generations to learn it. The younger generations have seen the lesson taught to their grandparents, parents and themselves, and for some even their kids. So if what I do doesn't matter then my only goal is to earn a living for me and take care of those I care about. If my employer doesn't value me by paying me enough for the work I do or laying me off at the first excuse then I'm not going to value my employer or the ability for them to accomplish the employers goals.
it's not the fault of the young people, capitalism is showing its whole ass right now and people lo longer want to work in such shitty precarious positions
Ok, "the older generation" that ran around in the 1960s singing about all you need is love, and flower power etc, are the ones who left it behind in the 70's and changed the corporate landscape of the 80's.
Those who entered the work force in the 80's are now the ones dictating capital driven company policies in 2020's.
But yes.
It is all the fault of those young good for nothing lay abouts that have no loyalty.
Its already happening.
*If you are reading this, never ever give up. We will succeed. I'm cheering for you!*
Have a great day! 🖤
We had layoffs at my company in January of 2020. My boss came into the office that day (she typically works from home) and called me into her office. She spoke to me about god knows what for about 7 minutes until she saw my face and the look in my eye. She then said to me "you don't have to worry, you aren’t getting laid off". And now me and her have an agreement that any time we have a spur of the moment meeting she starts it off with "you aren't getting let go today" (or something to that accord) and we proceed normally.
"you don't have to worry, you are getting laid off" ? Did you mean to write you AREN'T!? Hope you don't have to do admin 🤣
@@adamw7340 hahaha yes, I meant “aren’t”
@@oboecoe For christ sake change it. Your misspelling changes your whole rant.
The person conducting the interview is 4th generation of a 125 year old company. Definitely not worried about his job. More importantly, they have some of the happiest employees in the world. Cox is a company to emulate, not disparage.
This is how healthcare treats its employees and then they wonder why there is no loyalty.
It just goes to show how important WHY is. Can no longer be identified with just one company but with a group vision, sometimes the group changes but your found vision and why should not, at least it doesn't have to.
It’s not only corporate America, its becoming a phenomenon. If you take the Middle East, a ton of people get affected by this trend every year. Funnily people don’t talk about it at all.
It's called at-will employment law, the ability of an employer to terminate an employees contract without good reason. Many countries don't have such laws. That's the US for you.
In these non-US companies, if an employee comes in screaming for no reason every morning (let's just say it's a good 20 second scream), can you get rid of that person the first time they do it or even the second time? I'm hearing it could take a month or more to get rid of a person like that. Please let me know.
@@kotk05 why would someone do that. Makes no sense. And are you suggesting that because that's even a possibility, that no one should get to have good job security and be subject to arbitrary firing?
@@willceurvels Answer my question first.
@@kotk05 ok well the answer to your question is that if the company has a legitimate reason to fire someone, and willfully disrupting the workplace is a good reason, than yes, they can indeed fire them
@@kotk05 whereas in America you can be fired for completely illegitimate reasons like, for instance the famous Amazon case where the worker complained about the lack of covid safety protocols and was fired.
"Our CFO is a wonderful man..." someone is trying to save his face (and/or job)!
Yeah you could see him trying to avoid the awkwardness. He was screaming inside, smiling on the outside.
🤣
And added, we love you man
Then he must be a bad CFO
Such BS, I bet you their CFO is an absolute monster. Just like any accountant who gets into a leadership position.
He's absolutely right. Plus, one of the reasons businesses are laying you off so suddenly is everything to do with the constant revisions of the employment laws that existed to protect you and the permission given for business' to rule the way they do. In Europe (not so much the UK anymore), the majority of companies can't just get rid of you (especially France, Germany, Italy, Spain and the Nordics) as easily as they do in the US. In the past, it was mandatory to pay overtime for working out of hours. Not now.
Talk about "at-will employment".
Working in a STABLE JOB from 9-5 is just another civilized form of slavery.
Yeah, please don't minimize the horrors that such a strong word meant, and not that very long ago, by comparing it even remotely to a lousy 9-5 job. You can quit your job.
9-5? nahh I work 8-5, breaks unpaid ^^
All the jobs involve a particular learning phase and also "picking time" to get better at the tasks he learns and unlearns and finally performs at his optimum level at his job. No matter how fast cycle business becomes, jobs are always going to have a gestation period before results start to show and before the employee gets really comfortable in producing results on a consistent basis. Rome was never built in a day and it would never be. So stop obsessing over long-term or short-term jobs just work according to your ability!
But when the topic of global basic income comes up, everyone has a million reasons to cite on as to why it won't work. The current landscape of corporate greed was created by politicians who shore up companies who cause financial markets to collapse due to their incessant pursuit of more profits and don't address the growing problem of massive monopolies driving down healthy competition in the markets. It's no wonder people are not motivated to work and even when they do, they just don't care and don't think twice about doing a mediocre job. This is a hole we are all responsible for creating, people are responsible for not demanding better working conditions and politicians are responsible for getting into bed with corrupt corporations.
After decades of downsizing, resizing, streamlining, fortifying balance sheets, restructuring, and all the other catchphrases used by upper management, it is little wonder why no one on the lower levels of the company will stick around.
Little wonder why staff lower than the executive level cringe and feel embarresed when told lines like "we are all one big happy family here, right? ARENT WE?"
It was as Sir Terry Pratchett pointed out in one of his novels "When times are tough, it isn't the Bankers that go hungry".
I just laugh when they say that, somtimes they look at me all confused because they are not sure if I agree or not with the statement lol
A wise Rabbi once said, "he that is greatest among you shall be your servant"
Such a great perspective and reminder.
It's not just companies that are the problem. Workers are really into job hunting. So people don't stay with companies long either. In 7 years of professional working I worked 4 different jobs as a full-time worker (i.e. not contractor or temp). The first company laid off 95% of its work force. The 2nd company went under. The 3rd company had a merger with a French company and laid off Americans. The 4th company was a German company that bought a competitor, merged with it, then cut American staff. It was during a recession when the last company laid me off. And I never found a professional job again. It's like a game of musical chairs, if you get out of your chair, they take that chair away. Jobs now are like Just-In-Time inventory. The companies want to shed them as quickly as possible when not needed. Not to mention companies are using foreign workers on H1B visas.
Corporate America way of Business SOP must come to an end…its damaging the world
In the Netherlands, once you are on a permanent contract, the company is going to find it hard to kick you out.
The relationship between employee and employer is no longer seen as a win-win for many positions. Now it is a win-lose and neither side wants to lose. As a result neither side invests more than they absolutely have to invest.
Note- 'jobs', and not careers.
I know a friend in a company who laid off like 200 people and then reposted their jobs as open 2 weeks later to refill them, and they were paying 10-15k less. The greed of these companies should be illegal.
I hear you S.S.
The people has know power without knowledge.
Lol, something tells me that's not his favorite nickname.
Your run your business well. If you don’t a banker or a CFO will run it.
If a banker or a CFO runs, it is the beginning of the end of the business.
...when this interview finished, 'Pearly' fired everyone in the room. 'wonderful man!
Only the strong survive.
Simon great topic. It is unfortunate we don't have stable jobs like our parents had. World lacks good leaders. Corporate greed and maintaining numbers is all leaders think and care about.
True.. CHRO or CEO should answer that mass layoff decisions.
I am fortunate enough to work for a small company that is a certified B corp and I have a very solid relationship with our CEO. I know in my logical brain that my job is relatively secure. Nevertheless, I still get that twinge of fear that Simon was talking about everytime I get a Teams call. I still can't let my guard completely down for whatever reason. The culture of business nowadays is really at the point where you can't take anything for granted. It's really disappointing.
No one is irreplaceable
Dismissal and made unemployed by Zoom call, how crass can you get - that is a failure to engage your people at an acceptable level. Heck it good be considered a failure of humanity, and taking an easy way out of making a hard decision. I would call a person doing it the way Simon describes as lacking in the backbone department, and failing to deliver on accountability to the people affected.
Yes the decision may be legitimately required for a business to survive, but engage the people, and provide support, training opportunities and career advice to help them find a new tomorrow.
This guy makes a living stating the obvious and getting people to pay him for it. Great shtick.
This is such an underrated comment.
I have been unable to understand why he's so popular other than as a joke.
He looks good. He speaks good. That's all that is really required.
Yeah, but can you do what he does?
@@tudidingsapparel7197 Yup. I'd just have to abandon all shame.
This is a really great point. The system needs to be changed in 2022! This is the time.
If you have a strong marketable skillset you'll find work. Too many people today/ college graduates are useless and don't know how to do anything. No practical skills.
are you saying virtue signaling on twitter all day is not a skill?
I'll tell you this as a young Australian person every job I've had I've been laid off due to funding cuts, every year since 2017 I've had an average of 3 / 4 jobs per year. I always make shitty money and always end up getting fucked over due to either the company going broke or the shitty economic situation. The last time wages grew here in Australia was the 80s that was at least 20 years before I was born, but the only thing here that has continued to grow is the cost of living. Like I'm in my early 20s and still living at my parents house paying them rent and helping them get by. I don't really want to be staying at home but I'd rather that then spend all my pay on a shitty 350k+ 1 bedroom apartment. I just hope the generation after me doesn't have to go through this shit and they can actually earn a wage that allows them to live a good life, not just exist to go to work like people my age are.
I still live with my parents and im later 20s. I also have an unstable financial future and just started looking for office jobs the past 2 years (previously creative / event / wedding gig worker but the panda destoryed that) and its been let go after let go because im not slaving fast enough - or because i have a slight learning disability making me absorb slower - companies dont have patience for that😫😞. It sucks and i dont really see myself buying a house here or living the typical american dream. Im thinking I'd go elsewhere for that. Hopefully I'd have enough of a nest egg in a few years that i could invest in real estate in a different emerging country and can escape some of this downward trajectory.
Nothing is really 'safe', so you might as well do what you love ✌️🍀🚀
I have a government job. It's pretty secure. Management sucks and leadership lacks greatly... Some days it feels like I've wasted my time... But, it's not consistent than random layoffs. 🤷🏼♀️
Nailed it on 1:30 so true
Normally it is very stable if you get underpayed for the job you do, employer is very interested to keep you for that lower sallary :)
True but everyone is racing to be at the top so doubt anyone would want to stay at a low paying job unless you reallllyyy love that job and enjoy your lifestlye.
@@TheAiriph I am not racing, very greatful with what I have, but this only happen after I saw Jesus and started to follow him. If no God then this life is the only thing - race race if God exists then this is only a test of heart who one loves God or this world, you cannot serve both, true faith changes heart.
Common sense. That's all there is, with him. Good one at that.
Instead of treating employees like they are liabilities, employers should treat them as revenue generating assets.
Ok but then it's possible your work history looks like you don't take your jobs seriously. All these jobs ... are on a loop ... I swear, & there's no way out. I swear they don't want u to have a life. Its like my soccer coach from back in the day."I want u to breath soccer. I want u to live soccer. I want you to dream soccer. You are soccer." Like... am I supposed to find a way to eat my job too. What else can I depend on to control the other parts in my life?
I would take some issue that small businesses which are high growth startups can quite suddenly need to pivot, change the talent they have working for them. But giving people no off ramp should be totally unacceptable behavior.
Temp work was a thing in the 60s and 70s. Now it is THE thing. Unless in tech or a big box store.
The truck industry spent 40 years treating drivers like they were disposable. Now they can’t find enough. Where did they go? They were disposed of.
Working for a large place already gives me this type of anxiety. Working for a small shop gives me much less of this. I'm in a medium size place and seem to have found a solid balance.
That "CFO" would have been paid a visit by me at 3am if I had given my life to that company- only to have my retirement whisked away at the last moment.
Hey where’s the full video to this??
Curious too
No more STABLE JOBS, because there are no more horses needed.
Bingo
@@auroramothergoddess was his name-o
May I ask which jobs are most stable for middle age man who find difficulties to adapt to new skills please?
Back in 1999, there was a company back home that had a Christmas parties for its employees, about 80 people. The owner came on stage at the end of the evening and told everyone that the company was closing and they were no longer employed. He then handed out final checks. True story. Personally, after 14 years with the same company, I was called into the office on a Monday morning and fired.
It's always been this way...
This is why people aren't nearly as willing to invest their all into a job. What's the point? If there's not even stability. If we can lose the job during our hardest week of pregnancy or just at the whim of a heartless CFO.
Happened to me in 2014 - lost my job due to a corporate acquisition and had a higher $$ next to my name on the spreadsheet
This is the Bad thing happens if people dont adopt to the world right now, and highly depends on the so called Stable job. ALONE. If you are an employee right now, You better START learning about INVESTING, NOT on Traditional ones, but specifically, on CRYPTO/DEFI.
I love how he speaks about this like its a new phenomenon! Welcome to the market economy genius, this has been going on since at least the 1990's. Employee's became nothing more than a tool to do a job, when that job ends or market conditions change, so does the need for that employee. Prior to that there were stronger unions than there are now that could combat some of these issues. Thanks to Regan, the workforce by enlarge no longer has those protections. Oh and lets not forget that companies that used to have genuine retirement plans for all employees, now just spend it on high dollar executive teams. So the cost's haven't changed, a few reap the rewards instead of the many when a company does well.
So, the economy was already going downhill when I was just trying to figure out high school. Eugh.
Before the 2010's small businesses never closed
We love Simon Sinek baby!!
Gratidão sempre! :)
Love you simon, you're the most multi perspective-able person i know and have taught me more than the people around me could think about
This is why we have the overemployed phenomenon where people hang onto multiple jobs, rightly figuring one of their employers will axe them at any moment. The result is a highly disengaged workforce constantly switching between Zoom meetings and barely cramming in 15-30 minutes of real work. Motivational speakers won't fix the problem. Even if you are a kind hearted leader just trying to do the right thing, you've gotta deal with all of the emotional baggage sowed by the rest of the world. Why should anyone care about you when they have no evidence of having worked a real career for their entire adult lives?
It goes both ways. Abolition of stable jobs will eventually bite back the companies. I hope you guys understand that a product market is truly built on the trust, it is not about the product quality. Similarly, if you do not have a trust of employees the company goes down too. May not be immediately but eventually for sure. So, best of luck corporate world - abolish the stable job sector for temporary profit.
I'm constantly stunned at the type of terrible behaviour people consistently carry out in American business - and that people accept it!
wageslavery
I ould say people realise they cant do much about it. There is only a limited amount space available to do things like going somewhere else - simce so many other people are looking to do the same.
@@bandiceet Most other countries have legislated for employee protection and rights. America is so beholden to lobbying pressure, (in a way which would be called outright corruption in other countries) , that there's little chance of change in that regard. Unfortunately, with effectively no representation from their government, the only way workers will get anywhere is by themselves which I see in the growing popularity of unionising.
@@JerGol in living in one of those other countries, all i can say unfortunately most large companies are following the footsteps of the American standard.
Plus unions are alright, if kept in check. Most have strangked the goose tgat laid the golden egg and think they are doing everyone a favour, when mostly it is doing harm than good.
do you think this should be different? I agree with Simon that some people are not delicate when it comes to tell hard things to their workers... but I think that nowadays workers should always assume that their current job is not going to last much... that means you should always save money and you should always learn new stuff, that way is going to be easier to get the next job.
Your leadership inspires us all Simon. We are blessed to get this content for free! Our goal is to create a pod this inspirational.
Where can I watch this whole video?
*To all the dreamers out there. Follow your dream, believe in your dream. Because dreams come true, if you have the dedication to give your all...*
Get the f out of here
as in "back 2 the future " movie, a video message..heck even the same boss stereotype i believe
There is no such thing as a stable job in AMERICA. Thats how these companies invoke fear in their employees. With the cost of healthcare alone, most Americans won't consider leaving their jobs because of health insurance. Thats a pretty sick and twisted way for a society to exist.
This is why we need healthcare because the companies force us to have to only work 20 hours a week and make us collect Medicaid. Then we have to worry about our housing. All of this costs the government money, as corporations do not share their profits. Also, if the city has group meetings, they are failing to balance things out in many of them. The cost of living forces us to, once again, rely on the government. Instead of making school affordable, they swamp the middle class with debt while the poorer people get pell grants and financial aid. Where would you rather be?, especially for your kids. The worst class to be in is the middle class, the working poor. You get crappy benefits and are brainwashed into thinking you got this. You're strong. Have 3 more jobs for that house you sleep 4 hours a day. Drive 8 miles to work in that blue truck, feel cool. Everyone hates you and thinks you're spoiled, and you are like, after a while, I'm just stupid.
Wunderfull speach
Yup. The loyal employee gold watch, something most only know by history videos now. If you even found that.
Anyone have the link to the full talk?
Extraordinary person reading this, you are not define by your circumstance or your past. It’s not what happened to you that determines your success in life; it is how you deal with those circumstances that determines your success in life! You are strong, you are capable and practice forgiveness (Forgiveness is for you) and gratitude everyday. This will change the course of your life forever! Love you always and I believe in you wholeheartedly ✨❤️ - Nat
Roger that!
I was working on my Bachelor's Degree in Business Management taking online classes while working full time as a test technician in 2008/09. (One class for 5 weeks, then immediately after another class for 5 weeks, one week off, then repeat the cycle for 13 months ) During the class in accounting the textbook approximately stated "CEOs typically come from the accounting division because they know how all of the departments/divisions run." That is so fundamentally wrong that it is hard to know where to start. Accountants, generally speaking, only knowing the costs and billables paid. I've never seen an accountant try to evaluate the value of something like training, or more succinctly the increased costs of not doing training. The exception with training would be safety training, but with that there is the entire Health and Safety Industry that profits off of saying, "there are this many accidents a year that on average cost employers this much, but this type of training reduces accidents and saves employers this much every year." But I don't see programs where employers say we spent this many hours training our employees to perform their normal tasks which made them more efficient and resulted in fewer errors which saved the company this much money. Out of the 9 companies I've worked for over 24 years of employment only 2 have had robust training programs, the first was the USMC and the second is the international Germany based conglomerate I currently work for. Looking at the costs of training and viewing it only as place to save costs is apparently a widespread mentality and I can only conclude that it is taught in business school. Seemingly they only teach how to evaluate costs and never benefits, especially not intangible benefits.
This is why China and Japan are primed to take over. No but really, well said. It seems the pandemic exposed numerous intangibles our system did not deem “necessary,” and all CEOs are now scrambling to put those in place - a little too late.
@@ChelyAmour I would argue that they are scrambling to put the illusion in place because it costs less.
I've actually read in my marketing textbook that most CEOs come from marketing...😆
0:52 Boom!!!!!
Companies have more rights than people. We pay companies our own tax dollars in order to hire people... that how much companies are exalted. But Americans allow it to happen because they have grown up to believe there is nothing they can do about it.
Only solution, SOCIALISM
0:57 the moment he realized " he will be fired soon." and he dun fked."