Transparency.
This company I used to work with had a monthly townhall where everyone could learn how things were going (good or bad), long term and short term plans, and so forth.
And during a downturn in 2020, things went badly, and there was open and honest information about it all. To paraphrase: “We cannot say now that there won’t be layoffs. But we will do everything we can to avoid it through other cost saving measures. This includes cutting executive pay by 20% as of immediately.” While there ended up being layoffs (which included severance packages), the pay cuts never hit any of us working “on the floor” - top brass only.
Pretty much, yeah. I’m now in the fourth such company, working with people I worked with in the previous two. I’m working on convincing a colleague I first worked with in 2008 to come on over.
Basically, it’s a small pool of people who know the stuff well. We change employers now and then, but you always run into a familiar face in far corners of the world.
Transparency.
This company I used to work with had a monthly townhall where everyone could learn how things were going (good or bad), long term and short term plans, and so forth.
And during a downturn in 2020, things went badly, and there was open and honest information about it all. To paraphrase: “We cannot say now that there won’t be layoffs. But we will do everything we can to avoid it through other cost saving measures. This includes cutting executive pay by 20% as of immediately.” While there ended up being layoffs (which included severance packages), the pay cuts never hit any of us working “on the floor” - top brass only.
That sounds like a good employer with some reasonable management. What industry was that, if you don’t mind me asking?
Offshore seismic survey
Thx
Ha, that is quite niche
Screw the specialists and never hire again in your lifetime, because most of them know each other right?
Pretty much, yeah. I’m now in the fourth such company, working with people I worked with in the previous two. I’m working on convincing a colleague I first worked with in 2008 to come on over.
Basically, it’s a small pool of people who know the stuff well. We change employers now and then, but you always run into a familiar face in far corners of the world.