Envelope / Develope

Photo by Jonas Jacobsson on Unsplash One in five workers with a high school education or less are subject to a non-compete clause. Labor cost becomes one of the variables any company will try to contain, especially for large companies or small franchises (like soccer, basketball teams) where the star status is coming with large paychecks. I will try to touch this subject in the light of a few observations and findings of today's labor market. Large companies are been tacitly agreeing to limit poaching talent from each other in order to limit the salaries of the talented people Monopsony is the buyer's power in the market, single buyer or many of them agreeing to follow the same rules. I wanted to touch the subject because it reflects one of the old ideas where "managers" are trying to contain costs of their raising stars. That is valid for all industries with the exception of the movie, music industry or individual sports. All other cases - team sp...

Photo by Yohann LIBOT on Unsplash Nu stiu cum am ajuns la website ( www.teleleu.eu ), probabil am citit un articol pe unul din site-urile ziarelor din Romania. Este povestea a doi oameni care au avut curajul sa spuna lucrurile asa cum le-au vazut, lucruri pe care le auzim dar nimeni nu prea le aduce in fata, si cum mai toate proiectele lor necesitau multe zile "pe teren" s-au mutat intr-o rulota si au inceput sa colinde Europa (in special). Am citit majoritatea posturilor intr-o singura zi, cu lacomia celui care ar visa sa faca asemenea "nebunii" dar poate nu are destule motive, sau se teme "de gura lumii", sau pur si simplu este prins in angrenajul vietii ca o povara. Ce este interesant despre reportajele lor? Varietatea, tonul care nu judeca ci doar trasnmite mai departe ce personajele lor spun, din cind in cind observind comportamente si gesturi. Nu este nici o interpretare ci simplu documentare pentru un subiect. Majoritatea sunt oameni ca...

An article on Reuters - Is America the sick man of the globe? - caught my eye as a continuation of what went wrong with the industry in North-America. This debate is more acute after the financial meltdown but people are not analytical as they should be and as always the numbers are partially telling the truth. “From the 1980s onward, manufacturing jobs and the sector's contribution to U.S. GDP declined, a process accelerated by productivity enhancements and increasing competition from lower-cost markets. Now there are just over 8 million manufacturing workers in a population of 300 million.” Special Report: Is America the sick man of the globe? by Nick Carey, Thu Dec 16, 2010 Reuters The whole mess is politically driven. The decision to compensate the unemployment in industry with jobs in services and finance industry leads to decimation of an entire generation of tradesmen. Bill Gross (Pimco): " “We forgot that the more stable and safe way to go is to make things...We...

Do you do what you like or what the labor market in your specialty is demanding at that moment? Where are you (career wise) when the economy does flourish or plunge? These questions remind me of the importance of the birth month for the hockey players (see Malcom Gladwell, "The tipping point"). Your development stages as an individual could come in collision with the economy cycles and your life could be doomed just because you were born in an unlucky year. I remember reading about the lost generation in Japan: young people without any chances to get a job because the long recession coincided with their start in the labor market. Without prospects, with a stagnant economy they struggled to find jobs and opportunities were not existent as the older generation clutch their seats and didn't want to make room for the "new blood" in economy. The situation prolonged the agony of a lost generation which saw their dreams crushed in tough economic times. With a bit of a ...