Comments by "looseycanon" (@looseycanon) on "A Life After Layoff" channel.

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  4. I actually understand a bit the position of finance... I am an accountant. I handle huge amounts of money on a daily basis. Money, that is not mine and that I am responsible for, if something bad happens. Now I have a bit of interest in computer networking and can tell you. Home networks are not safe. There's a whole lot of poorly configured devices on these networks as well as IoT devices with poor security and the networks are not partitioned, meaning any one of these could be used to attack the work issued laptop. If I were in CFO position, that would be a major argument for me, to want to not have my people work at home. Not that I don't trust them, I don't trust their network at home. To illustrate, I interviewed some time ago with a company, that was hacked a few years earlier. In spite of IT working around the clock, their accounting system was still not fully recovered from the attack and they had to do workarounds. The problem here from IT standpoint is, that if you're in remote-first environment, there's a much wider angle of attack on your infrastructure, meaning you're under greater threat. This is what the CEO or CFO will hear from the CIO, hence the resistance to work from home in these high-stakes positions. Work at home can work for some fields, but not in all. IT and anything having to do with PCs is a good example. Why? Because the people working there are aware of this and act accordingly at least most of the time, hence lower threat and they can work from home safely. A call center operator? There are ways to add layers of security to what he/she is doing (and I'm not talking just about VPN) and there is no direct way, these people could handle the company money, hence same risk, but less danger and thus they can work at home, making ti possible for these people to work from home. But finance? These people handle the money directly in at least some positions. in smaller firms maybe even in most if not all positions. These people are not computer savvy to the point of securing their network (because it's a completely different field from what they use computers for), hence massive danger of losing money due to a hack. Now what is the answer here? Well, there are four. 1. There's the hybrid model, where employees have two works stations, one being a laptop at home, one being a computer in the office, where the laptop is hard locked from the more sensitive agenda. Meaning that the accountant, for instance, can input invoices in to the system from home, but pay them in the office. 2. There's department structuring, where tasks, which can be safely done remotely are given to some employees to work from home and then there are few people, who have to come to the office, handling the more sensitive stuff. Again an accounting example. There are AP, AR specialists, who work from home, inputting/issuing invoices, and then there are treasurers, who are in the office and pay them. 3. buying the employees the equipment and training them, to use it properly. I have bought myself a router and switches, which can do VLANs and I have a specific network, firewalled completely from my core/home and IoT networks, so that I can work from home safely. Anyone, who's willing to put about four hours in to some learning can do that. 4. Combination of the above.
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  13. Yeah, no kidding, operate at a level not based in reality... I worked for this company a while back. They introduced automation for payment allocations and, I think, they never properly tested the thing. Many, many, many Pounds later, I'm staring down a list many many remnants of incorrect allocations, because somewhere down the chain, somewhen, there were some errors, and nobody thought, that it might be a good idea, to have same reference number and invoice number in intries, so that reference number could survive in the records, so that the other company could doublecheck their records, whether they paid in full... We eventually managed to find out, which invoices had these remnants on them and when done, myself, my dear team mates and client's representative had a sit down with the CFO. And the CFO was like, "How could have this happened?", so I explained, very respectfully (I assumed, it was his idea, to do it like this) and recommended what to do to the system for any future situations... but in my head I was like "Dude, a human NEVER would have made such a mistake!" So to sum up. I assume, because company wanted to "save money on payroll", they axed large part of their accounting team before I was hired, and in the end, they had to form a six member team to investigate, what was going on, which took months! The CFO's general attitude seemed to me, "who needs account auditing and proper reconciliation process anyway?". The best part? Given the turnaround on this account alone, they could have hired a single accountant, let him/her do the reconciliations (even in the this volume, it was work for an hour or so), let him/her twidle thumbs for the rest of the day, and the'd still pay less than our team racked up in those few months it took to sort this mess out... And we had multiple accounts to chew through! But the CFO asked... "How could this have happened?".
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  22.  @382u3uuej  Pretty sure, it's not just bias. You see, what you talk about is true to some extent, but there is a problem in your logic. If we accept this bias as true, why are companies not actively developing employee retention strategies? Why is it, that wages don't keep up with inflation and the best you can expect, even in companies posting record profits, is some 3% to 4% year on year nominal raise and no improvement to benefits? You'd expect, that if an employee can do more qualified job, the company would increase their salary more than just inflation and provide more enticing benefits, because that employee can do the lower job more efficiently (because of faster training) and/or advance within the company to appropriate position, when company growth demands it. Yet, we see yearly culling of headcount and twenty to thirty years of stagnant wages. If it's more expensive in the long run, to always hunt for new employees, why is it, that shifting companies every two or so years brings so much more income to the emplyoee? Shouldn't company remove this incentive by increasing it's wage growth above the inflation level or better yet, incorporate langugage into their contracts, that guarantees inflation raises every year and merit raises only being considered above that? After all, emplyoees don't work for nominal wage, they work for the real one, hence, if company isn't willing to increase wage sufficiently, they'll be forced out by costs of living. If it indeed is so much cheaper, to keep old employees, why don't we see retention effort beyond public relation stunts? Why do we see pipeline postings, that never have actual position to be filled behind them all the time? Why do we see so many sales positions marketed as something else, like consulting or even highly technical work like computer networking? Why do companies use this bait-and-switch? Why is it, that company creates a recreation room, as Bender would say it, with Blackjack and hookers, and then hold it against the employee for utilizing those facilities even once? If you're employed only to do the work, why invest in those facilities? Hence, why I think, you are wrong. And why you should look at employers with more critical eyes.
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