Dissatisfied And Overworked Employee Quits Because Of An Inadequate Salary, And The Company Loses $40 Million Because Of It
You would think that when such large amounts of money are involved, companies would think more rationally about the value of their employees. However, you would be wrong.
Damjan
- Published in Interesting
Some employers still view their employees as an expense and not an integral and contributing factor to their company's growth. For them, workers are something that can be easily replaced - some sort of an office inventory or a machine.
But every once in a while, they are painfully reminded of the fact that workers make a company. Paying your staff an unfair wage can have severe financial ramifications for your organization.
But unfortunately, some business owners only learn this when it's too late. A Redditor going by the name u/slw motion trainwreck, revealed how he left a low-paying, stressful IT job at a major international corporation... and how the company lost $40 million the day after he left.
The Redditor recounted exactly how everything transpired in three lengthy posts on r/antiwork, and the story is really intriguing. Scroll down for the entire article and additional information on why the manufacturing company that develops components for the car sector lost so much money.
It is deserving of your attention. You'll see how low companies will go to get their goals accomplished.
Know your worth people, and don't be afraid to ask what you deserve. That's the only way to make employers understand.
An IT specialist who was overworked and underpaid made the decision to look for something better.
Photo by Flipsnack (not the actual photo)However, the international corporation was not so kind, and as a result, it found itself in a major financial crisis. The complete story can be found here.
RedditHe took a job as an independent contractor
RedditHe worked hard
RedditAnd then even harder
Reddit16 times 7 equals?
RedditHe was on call 24/7. So, OP believed he deserved a raise
RedditAnd all he got was $66 per month!
RedditThe explanation was - that's all the company could afford...
RedditThe company wasn't satisfied...
RedditThe company was loosing big money every minute the system was down
RedditOP’s boss went to Costa Rica
RedditWhich was a bad move
RedditOP was amused by the havoc
RedditLong story short:
RedditRedditors were baffled
RedditAnd angry
RedditHis former coworker is a real...
RedditHave a nice vacation, boss
RedditOP wanted to keep his word...
RedditThey wanted to cut corners...
RedditSome Redditors didn't understand why OP had agreed to these terms
RedditIT support is a nasty field
RedditDarren? So he is to blame?
RedditPlease stay, now we can afford to pay you.
RedditGood suggestion...
RedditOP posted an update
RedditHe explained some things:
RedditIt was his first contract ever
RedditThere were no jobs in his town
RedditAnd he wanted to gain experience
RedditThe company was constantly promising him stuff
RedditAnd they've failed to deliver
RedditThey even said they have to speak to France about his raise.
RedditHe didn't have experience back then
RedditAnd he was fed a lot of "work hard" stories when he was a kid
RedditHe went on interviews
RedditAnd he didn't know his worth
RedditThe company's software was faulty
RedditAnd the bug couldn't be fixed
RedditIt seems the company made the same mistake two years ago...
RedditExecutives often resort to cutting expenses. The only way incompetent managers can prove themselves to top executives is by cutting expenses.
It’s tangible and easy to achieve. Sadly, we often put up with lousy working conditions hoping that they will improve.
It's okay to wait a certain period, but once you start hearing stories like “we are family here,” or “I have to ask France about your raise,“ get out of there.