wemay
Site Donor 2023
Morale here is great, thanks goodness. Travel Industry
Overtime will increase until morale improves.
Japanese were never really "performance based incentive". They all work their butt off and they are seniority based promotion. They don't fire someone unless absolutely have to but they don't pay super well to the top performer either.I'll give you this much.
I think the issues here in the US started around 2004, and it was called Performance Based Incentive. This was a sort of plan that seemed to work in the Japanese economy, but somehow, someone failed to translate it correctly to the American worker.
Pretty soon people got tired of telling the lies over and over, and failed to come up with new ones in time for the rating/bonus period.
I don't know if it was ever resolved in time to save the individualism which is a huge asset for the American worker.
My brother owns a dental supply company he tells me the mom and pop dentist is a slowly dying off practice. My dentist tells me it's not the same anymore between the insurance companies and big boys buying out the little guysI'm a dentist with 26 employees and I'd say morale is a 6 or 7 when it's normally an 8 or 9.
Reasons:
1. We've had positions unfilled for over a year now. We had 6 candidates in a row apply, participate in a phone interview, and no-show the in-person interview. We never even get to talk about money and so it's not that but I hear new hires want ridiculous money like $35/hr with no experience for an assistant and $100/hr for a hygienist. That's not going to work even if people show up for the interview.
2. The general public seems more on-edge and grumpy in general and we've had quite a few people who have just been abusive to staff that we've given the boot.
3. The needs of patients seem like they've spiked, probably due to general apathy during CV-19, but many aren't working and can't pay for what they need.
4. We went out of network with some insurances. This always leads to some attrition but in a time when there is +6% inflation some major carriers have decided to cut reimbursement 10-15% or close to a 20% hit. That is not tenable and it's led to a lot more work for the staff having to explain and manage patients.
5. Three very good employees including an office manager got pregnant during CV-19 and they are all out at the same time for maternity leave and that is pushing a lot of their work on others.
6. We normally do a bunch of "team-building" outings and have a number of staff parties every year and we are just getting back to that stuff now. It's important to allow staff to get to know each other outside of work.
I have 7-figures and all my eggs in this basket so, no, I'm not going anywhere!
My brother owns a dental supply company he tells me the mom and pop dentist is a slowly dying off practice. My dentist tells me it's not the same anymore between the insurance companies and big boys buying out the little guys
It's not that "it requires" someone to work 60 hours a week to, "maintain a livable wage". Rather it's the fact many of today's young people are just plain stupid with their money. They want, and try to buy everything they see. And they save virtually nothing in the process........ I just see a major problem with any industry that requires someone to work 60 hours a week to maintain a livable wage. Especially in a place like Arizona where the cost of living isn’t all that high. Maybe these people are the sole breadwinner of the household, I’m not sure.
Things will change though. Minimum wage will increase and people will find a better work life balance. It may take five years or fifteen, but it is trending that way. The difference in that regard between most private and public sector jobs is gross, and the gap will close over time.
DSOs are everywhere offering a large lump sum for you to get rid of the "headaches" of management. They'll give you a 7-figure sum up front and promise you that you can use all the same materials and do things your way. They take a % of your production forever which unless you are older (and in that case, the upfront sum is much smaller) completely wipes out the upfront $ and eventually they dictate everything about your practice from what materials you can use, to how you schedule, to the procedures you need to do.My brother owns a dental supply company he tells me the mom and pop dentist is a slowly dying off practice. My dentist tells me it's not the same anymore between the insurance companies and big boys buying out the little guys
It's not that "it requires" someone to work 60 hours a week to, "maintain a livable wage". Rather it's the fact many of today's young people are just plain stupid with their money. They want, and try to buy everything they see. And they save virtually nothing in the process.
They buy a $700.00 I-Phone, when they could get by with a $100.00 Motorola. They have to have a $55K SUV or pickup, instead of a $25K Toyota that gets twice the mileage. They whip out credit cards, instead of saving and paying cash. You are starting to see the result of these foolish personal economics. Most don't have a dime saved for any type of emergency.
When I worked overtime, (which was ALL THE TIME), I saved every penny of it, and easily lived on 40 hours. I didn't have a 2,700 sq. ft. house like people buy today. Instead it was barely 1,000 ft. It suited me just fine for over 9 years, until I paid it off. I've never had a mortgage since.
To this very day I have only owned 5 new cars in my entire life. (I just turned 69 last week). 3 of them I still own and drive. I've worked with people who were buying new cars even before they paid off the one they were driving. It's insane. They end up spending more than they earn. Most of it on depreciating assets. And this is becoming the norm in today's society.
People today don't realize that it's not what you make. But rather what you do with it AFTER you make it. Think of it as farming. A farmer buys seeds and plants them. After allowing those seeds to grow into crops, he then harvests that crop as a profitable gain. Today's young "farmers" eat those same seeds as soon as they get them. They have nothing to plant and grow. Most will be working until they drop... Assuming their bodies cooperate. I wish them luck.
so, how does you highlighted statement applies to myself, who worked 80hrs a week on average for the past 10yrs? I worked freezing siberia, smoking hot desert of KSA, soaking wet jungles in West Africa, and you're saying I'm complaining that I've been offered 0.5% raise while inflation is skyrocketing over 6%? typical "upper management" behavior. do yourself a favor, and stay away from such bold statements.I'm upper management. We're a small company, ~10 people, Electrical Engineering / Consulting Firm. We have mostly young people (under 35) working here.
I make it a known point to the worker bees that I do not tolerate sub-par performance. I tell them that those that are busting their tails don't want to be pulling the wagon for freeloaders (this goes with society in general). I make it known that I will remove anyone who is dragging the morale and company down with their "big company" attitude, work ethic and performance.
As far as the overall morale, I see mostly everyone who is employed that is under 50 today complaining about something. They are never happy. They all are saying the same things - they want more, work less, etc. They want all these pie-in-the-sky benefits they HEAR ABOUT others having at these giant companies. Well, you can have it one of two ways - we can pay you a wage through the year that competes with your counterparts at other firms and you get a bonus that is 3-5x what they get or you can have your lactation rooms, bean bags and foosball table. What do you want?
Fair enough, but where ever this stupid incentive plan came from, it's horrible to work under.Japanese were never really "performance based incentive". They all work their butt off and they are seniority based promotion. They don't fire someone unless absolutely have to but they don't pay super well to the top performer either.