This is one reason why entrepreneurship can be appealing. Not only is there potential reward for hard work, but you are the captain of the ship too. Its not for everyone, but I think its for far more people than who currently try. The world would benefit from more entrepreneurs providing real value through their efforts.
There is a problem with modern employment if you do not have an upside tether like pnl, profit share, equity, commissions, etc.
That is because all jobs have implicit downside tethers. If things go wrong for the company you can be fired, and if you get a cash bonus then they can also reduce your compensation by slashing bonuses after you do the work.
I've had jobs like this where you get worked dumped on you left & right. Literally doing multiple jobs as others leave, with managers unable to articulate priorities or what can be dropped because everything is important. Meanwhile knowing max raise is gonna be 5% with a random chance your total comp is flat or even down if the company has a bad year. The promotion path is slow and you are 2-3 years out from the next level.
It leaves the employee with a feeling of powerlessness and lack of control. Highly demotivating.
I wonder if the reason they don't, is because the folks higher up are also dragging their heels & putting in 40% for the paycheck.
Many Big Tech companies are in a phase of pre/post-layoff hunger games. Meanwhile, more and more AI startups are appearing, with lucrative-looking equity packages.
In both cases, a pragmatist could reasonably conclude that "working hard to keep the high-paying day job" is a better strategy than "going into the jungle and start a startup."
I was never lucky to find such jobs in my life. Every job I had enough on my plate to not have enough time and energy for a second job.
Plus, in my EU country working 2 full time jobs at the same time is impossible since employers can ask to see your social security contributions history before you start work to make sure it matches what you said in your resume, and there it shows your current and past employment history so they'll find out. Even if you don't get caught at that stage, if you get caught later, they can sue you for it if they find out.
Feels like only Americans have this luxury of plentiful easy jobs for big money and employers who don't ask questions.
Is it illegal to have 2 jobs in your country?
1. Jobs with minimal responsibilities pay minimal salary
2. Influencers that promoted overemployment during Covid are now unemployed and trying to survive by selling informational products
3. If a scammer offers you a deal to scam someone, in reality the most likely victim of the scam is you
Jobs with minimal printed responsibilities pay minimal salaries. In practice, things are quite different.
And the original overemployed guy doesn’t have anything to sell, lol.
This is so wrong, I cannot even take seriously the rest of the points.
if we're being frank: one person's half assed may be better than someone less talented but throwing all their effort trying to finish tasks. Talent isn't equal, even if pay for the position has a relatively narrow range (working twice as hard at one job =/= twice the pay/benefits).
I think there is certainly a conversation to have about "overemployment" and how that can cut into the ability for other talent to be fostered, but I'm not going to pretend that 90%+ of companies ever cared about training their employees or even keeping them for more than 2 years. If they could get some person with 20 YOE working at half their output for 150k (because they then have a 2nd job doing the same thing), I doubt the moral quandries would even come into effect. Just potential legal/NDA issues.
Ruin everything for a quick buck and then run, very hustle culture. Of course I guess our society is incentivizing this kind of behavior.
Yes, that is how our economic system works. What, are you under the illusion we still have some kind of social contract or moral responsibility toward society? If my CEO doesn't, why the hell should I? For the record I don't think it's good, but I didn't invent the game, we're all just trying to play it as best we can.
Guarding against the things I use to avoid boredom is the most effective way I've found of doing the things I'll feel good about later.
Article seems to be more that you shouldn't "power through" boredom. Sounds like if you can sprinkle fun in, that would be enough to make it not boring? Where fun could be challenging yourself to something. "How much of this can I get in arbitrary timeframe?" kind of challenges.
