No. Happier employees almost always do make the line go up in the long term, but most employers don’t understand that, can’t look further ahead than the next quarter, and think of an employee is happy it’s a sign they must be slacking off.
They do understand that. The problem IS “long term.” Most C level types don’t care about any term longer than their tenure. This is why we see layoffs before quarterly reports. There isn’t an incentive for them to look any furthure into the future.
Now if a CEO could only cash out after 10 or 20 years of the company doing well then we would see change. If they made the company average untill they were a decade or two in as a vesting term then keeping happy employees would be important.
that’s a bit unrealistic. The expected answer is “will this make line go up?”
No. Happier employees almost always do make the line go up in the long term, but most employers don’t understand that, can’t look further ahead than the next quarter, and think of an employee is happy it’s a sign they must be slacking off.
They do understand that. The problem IS “long term.” Most C level types don’t care about any term longer than their tenure. This is why we see layoffs before quarterly reports. There isn’t an incentive for them to look any furthure into the future.
Now if a CEO could only cash out after 10 or 20 years of the company doing well then we would see change. If they made the company average untill they were a decade or two in as a vesting term then keeping happy employees would be important.
Nah. It’s “will this make line go up by next quarter?”
Short term profits are the only profits that matter to high frequency stock traders.