Passionately Fighting For You
Some companies run like they are desperate, regardless of the reality. Although their bottom line may be fine, these companies operate with unrealistic profit expectations. This may occur while the company is undergoing a major transition. Perhaps there has been a major change in the industry. Perhaps there is new management. Perhaps there has just been a change in the…
When companies are in financial trouble, the Sirens sing loudly, Enron is the most recent dramatic example. In the old days, if your company was struggling, you generally knew about it and could factor that in your planning. Today, with New Age Accounting, your previously seemingly huge and secure employer can close the door tomorrow and file for bankruptcy. Pensions…
Recruiters naturally tend to be Sirens. Companies are eager to get the best help they can. In this process, there is a natural tendency to downplay corporate problems and to over-state the benefits of employment. Where companies are not particularly ethical puffing or effusive opinions can turn into misrepresentation. If you are recruited based on a misrepresentation, you may have…
Sirens also like start-up companies. Because the owners of start-up companies often don’t have the ability to compensate their employees fairly, they give promises instead. In new businesses, owners frequently tell almost every employee, that they are “key” and that they will be able to share in future profits when the company is successful. These promises are made to ensure…
The Sirens are almost always at work when the management of your company is in transition. When companies are in the process of being sold and the management and control of companies is being negotiated, false promises to employees are common. Companies in the negotiation process tend to be very nervous about employees abandoning ship because, generally, the company’s value…
Sirens prey on employees who are in line to receive exceptionally large commission income. If your company or manager is greedy, they may try to take your commission away from you if they can get away with it. This is likely to occur where: There is an exceptionally large, record-breaking sale that was not anticipated by management; Where management discriminates…