Dissatisfied and Overworked Employee Quits Because of an Inadequate Salary, and the Company Loses $40 Million Because of It
You would think that when such large amounts of money are involved, companies would think more rationally about the value of their employees. However, you would be mistaken.
Some employers still view their employees as an expense rather than as an integral and contributing factor to their company's growth. For them, workers are something that can be easily replaced—some sort of office inventory or a machine.
But every once in a while, they are painfully reminded of the fact that workers make a company. Paying your staff an unfair wage can have severe financial ramifications for your organization.
Unfortunately, some business owners only learn this lesson when it's too late. A Redditor going by the name u/slw motion trainwreck revealed how he left a low-paying, stressful IT job at a major international corporation... and how the company lost $40 million the day after he left.
The Redditor recounted exactly how everything transpired in three lengthy posts on r/antiwork, and the story is truly intriguing. Scroll down for the entire article and additional information on why the manufacturing company that develops components for the car sector lost so much money.
This story deserves your attention. You'll see how low companies will go to achieve their goals.
Know your worth, people, and don't be afraid to ask for what you deserve. That's the only way to make employers understand.
An IT specialist who was overworked and underpaid made the decision to look for something better.
Photo by Flipsnack (not the actual photo)However, the international corporation was not so kind, and as a result, it found itself in a major financial crisis. The complete story can be found here.
RedditHe took a job as an independent contractor.
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He worked hard.
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And then even harder.
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16 times 7 equals?
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He was on call 24/7, so OP believed he deserved a raise.
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And all he got was $66 per month!
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The explanation was that that was all the company could afford...
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The company wasn't satisfied...
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The company was losing big money every minute the system was down.
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OP’s boss went to Costa Rica.
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Which was a bad move.
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OP was amused by the chaos.
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Long story short:
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Redditors were baffled.
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And angry.
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His former coworker is a real...
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Have a nice vacation, boss.
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OP wanted to keep his word...
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They wanted to cut corners...
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Some Redditors didn't understand why OP had agreed to these terms.
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IT support is a tough field.
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Darren? So he is to blame?
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Please stay; now we can afford to pay you.
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Good suggestion...
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OP posted an update.
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He explained some things:
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It was his first contract ever.
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There were no jobs in his town.
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And he wanted to gain experience.
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The company was constantly promising him things.
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And they failed to deliver.
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They even said they had to speak to France about his raise.
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He didn't have experience back then.
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And he was fed a lot of 'work hard' stories when he was a kid.
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He went on interviews.
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And he didn't know his worth.
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The company's software was faulty.
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And the bug couldn't be fixed.
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It seems the company made the same mistake two years ago...
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Executives often resort to cutting expenses. The only way incompetent managers can prove themselves to top executives is by cutting costs.
It’s tangible and easy to achieve. Sadly, we often put up with poor working conditions, hoping that they will improve.
It's okay to wait for a certain period, but once you start hearing stories like 'we are family here' or 'I have to ask France about your raise,' get out of there.
