Did We Need Someone to Tell Us That Employees Don’t Care About Shareholder Profits?
It really shouldn’t be newsworthy that someone thinks employees don’t care about shareholders, and for those of us in the legal space, it should also not come as a shock that your staff doesn’t care about “profits per partner.” It’s irrelevant. I spent years assuming that if profits and shareholder value were up, that would result in better pay and raises for everyone. That was naïve. We were likely talking about the difference between a 2% and a 3% raise. It’s not nothing but not worth all the long hours and life-wrecking commitments we are often asked to give to work.
