Home Economy The age of the toxic boss is over as workers are unwilling to suffer for a paycheck

The age of the toxic boss is over as workers are unwilling to suffer for a paycheck

by SuperiorInvest

Victoria Wells: Twitter’s mass resignations prove bosses shouldn’t underestimate the power of the worker

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If Elon MuskThe disastrous takeover of Twitter Inc. proved anything, is that the days of the cumbersome boss are indeed behind us. Employees simply aren’t willing to suffer for a paycheck, and they’ll quit to prove it, as Musk found out last week.

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Hundreds Twitter employees headed for the walkout after Musk issued an ultimatum: prepare for “long, high-intensity hours” or walk away with three months’ severance pay. People overwhelmingly decided to quit. Before Thursday’s 5 p.m. deadline, internal Slack channels were flooded with employees posting blue heart emojis and greetings as they said goodbye. Sensing the coming wave, Musk tried to convince some of the workers he felt were necessary to stay report in the New York Times. He failed. The employees he lobbied on the video conference all logged off at 5pm while he was still talking.

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The exodus was so big that on Friday, #RIPTwitter began trending as users were sure the platform would collapse, leaving only a few engineers to patch the cracks. Twitter’s workforce has been cut to the bone since Musk was given the keys in late October. He immediately laid off 3,700 workers, roughly half the workforce, and then laid off many more. get rid of anyone who dared to criticize him.

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The mass resignations should have been a wake-up call for Musk, who has often staked his power over his employees by threatening to fire them if they don’t back down. At Tesla Inc the end of remote work, ordered employees to return to the office and fired those who refused. He issued a similar directive on Twitter, but later go it back in an attempt to stop the bleeding of workers.

This could be a sign that Musk is starting to learn what most other CEOs have discovered over time labor shortage and sky-high vacancies: don’t underestimate the power of the worker. That force is likely to stay where it is longer than some expect because recruiting problems will persist for years, he says, and workplace trends report from Indeed, the job site, and Glassdoor, with an aging population a major reason for shortages in Canada.

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“What is critical for leaders to understand is that these changes and shifts are not temporary. There will not be a return to the ‘normal’ that many seem to be waiting for,” says Indeed Chief Economist Svenja Gudell. Press Release.

That means bosses will have to give employees what they want if they hope to avoid further recruitment problems. And what they want shouldn’t be a surprise to anyone who’s been paying attention in the past few years: flexibility, higher pay, better benefits, the ability to work from home, workplace wellness policies and diversity strategies.

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Employers in Canada seem to be paying attention. Telecommuting jobs are on the rise and accounted for 11.2 percent of all postings on Indeed in September. That’s four times the pre-pandemic rate and a sign of things to come. “Remote work is here to stay,” says Brendon Bernard, Chief Economist at Indeed Canada. blog post.

Meanwhile, employees ended up with a toxic work environment. Almost half of employees in Canada, the United States and the United Kingdom expect a level of happiness at work, according to the latest Indeed report a study of well-being in the workplace. Those who are satisfied with their work environment are also far less likely to leave their current employer for greener pastures—just ask any recent Twitter ex-employee.

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At this point, no worker with any pride submits to a boss who demands intense overtime, little work-life balance, and unnecessary full-time office mandates, especially if their skills are in high demand. There is a better way and employees have seen it in action. In many cases they survived.

Layoffs have hit some companies, but Canada still has a near-record million job vacancies. It always exists more work out there offers better benefits, flexibility or the possibility to work from home a few days a week. Bosses should realize this, or they could find themselves holding the reins of a shell of a company, not unlike a certain seemingly uncaring billionaire.

• By e-mail: vwells@postmedia.com | Twitter:

This column was first published in FP Work newslettera curatorial look at the changing world of work. Log in to get it in your inbox every Tuesday.

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