Job Tip 19: The Chairman’s trophy wife desires a summerhouse…
Management folk remained cognizant in their university management classes long enough to hear the word ‘motivation’ brought up once or twice before dozing off. So it makes sense that motivation is randomly doled out every once and a while. Managers learned early on that the combination of both security and fear, when used to full effect, are excellent motivators. Folks have a tendency to become complacent and forget about the humiliation of standing in line at the unemployment office worrying about making rent, car, and satellite TV payments [Oh! The inhumanity!!]
About every other quarter or so, there will be a fresh round of budget tightening because [surprise!] the company is under-performing on it’s over-promise of double digit earnings increases.
Quick economics lesson here. Just because the CEO & CFO [affectionately referred to as ‘Tweedle-Dumb’ & ‘Tweedle-Dee’] overstated earnings potential to keep shareholder equity overvalued, THEIR thirty percent bonus of an [already] extravagant salary will not be threatened. In the organizational scheme of things, you are hereby referred to as “Headcount.” [see: CHAFF or DEADWOOD; e.g.: “We need to unload some DEADWOOD in order to make 15% above last year’s earnings for the quarter. Otherwise we’ll only make 9% over last year’s mark. The shareholders will be peeved!”]
During this time of uncertainty, managers will begin scurrying about with furled brows while muttering obscenities to themselves and at each other as though they are saving the fate of the entire civilized world. In the meantime, you and your fellow headcount will find a renewed sense of vigor fueled by impending doom.
Truthfully, the names of the higher-salaried deadwood being jettisoned were randomly picked weeks ago. Right now, the minions are so grateful to be receiving a paycheck that his/her manager can ask ANYthing of ANYone without raising ANY sort of protest. The 80 to 100 hour works weeks are a happy by-product of everyone’s nervousness. Honestly though, management is simply just waiting for the HR chump to dream up the rationale that dissuades your calling an employment attorney [this would be a good time to bring up the phrase “protected class”]. Should you actually sue, the idiot HR chump will be the person held accountable for not coming up with solid justification. Remember, managers are never held responsible for poor performance issues [their Teflon coats are re-applied every quarter].
As you empty your cube of personal possessions, you need to be cognizant enough to make mental notes of the other people receiving their notices. These are your future comrades in arms, compadres, or new drinking buddies. Also notice that your new clique is made up of higher-paid, non-protected class, non-sycophant individuals who you tended to rely on to get things accomplished. Funny how that happens…
Here’s a fun exercise… As the company HR hack is pointlessly explaining overpriced COBRA coverage [and why there’s no reason to involve an attorney] picture the executives as they console themselves and other managers over an expensive lunch before they hand out bonus checks to each other. This wonderful afternoon was made possible because your sudden departure left some bonus “wiggle-room” in the budget. If it would help any, imagine the managers taking a moment to hoist a glass of high-priced wine in honor of your tireless dedication. [“Ooo! Is that the dessert menu?”]
Business journals will write florid articles about your former CEO & CFO and how they faced certain doom only to turn everything around at the last moment and save yet another quarter [care to guess the company who contributed major advertising revenue? Anyone?]. Take some comfort in knowing that journalists are just as cynical and will mention that the interview took place aboard a three hundred foot luxury yacht paid for by an interest-free loan to the CEO - which his longtime CFO buddy just recently wrote off the corporate books.
