I live in the US, and there, we are really having a problem. A lot of companies are now publicly held and therefore must answer to a board of directors and the almighty stockholders.
This is fine and dandy, but the part that is killing us lowly workers in the trenches, is that each year, the company must show profit growth, or the stocks will fall. Which angers the CEO! Actually, they look at this by the quarter and we must EXCEED estimates.
In order to “maximize profits” it seems like we have to wear a lot of different hats now. This is because everyone runs so lean now, that the only place to cut costs, is labor. Where we used to have an assistant, we have voicemail. Where we used to have office people, now we have to perform clerical tasks besides our own.
It seems sometimes, that we just run in a circle putting out fires. Go to lunch and while you are gone, voicemail, email builds up. Go on vacation…and you work stacks up while you are gone…waiting for your return. But, no overtime is allowed to catch up!
It seems impossible to keep up!
Is this just where I work, or do you all have the same feeling, that you are asked to do too many jobs now? Do you feel that the workers are no longer appreciated and that profit taking has gone too far?