Although he subsequently apologised for the phrasing, Bill Winters (CEO, Standard Chartered), has introduced the phrase 'lower-value human capital' in to public discourse....
If you ever wanted an example of the contempt that our executive business class have for ordinary workers, this would be it... in just four words, Winters summed up the way the top table in most firms seem to see their workforce.
The inhumanity of the capitalist class is not new, but increasingly brazen!
#workers
h/t FT
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Alex P Roe
in reply to Emeritus Prof Christopher May • • •WiseGreyOwl 🌍 🦉
in reply to Emeritus Prof Christopher May • • •chrisgerhard
in reply to Emeritus Prof Christopher May • • •Emeritus Prof Christopher May
in reply to chrisgerhard • • •@chrisgerhard
yes, when we stopped calling it personnel we were onto a losing streak
Oleastre
in reply to chrisgerhard • •Where I work, the human resources department was renamed human capital 3 years ago.
It is a hospital.
Emeritus Prof Christopher May likes this.
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DJHVII
in reply to Emeritus Prof Christopher May • • •Rikke Andersen
in reply to Emeritus Prof Christopher May • • •kcp
in reply to Emeritus Prof Christopher May • • •called out one of the managers at work this week for calling for people to work out of hours on a customer change.
Referred to us all as "Resources" which we all took offence to
Kim Possible
in reply to Emeritus Prof Christopher May • • •Shivviness
in reply to Emeritus Prof Christopher May • • •Emeritus Prof Christopher May
in reply to Shivviness • • •@Shivviness
Ha ha, yes that *would* be refreshing... if ultimately depressing
Tim Stickland
in reply to Emeritus Prof Christopher May • • •why not
in reply to Emeritus Prof Christopher May • • •Emeritus Prof Christopher May
in reply to why not • • •@wyatt_h_knott
Agreed... but of course not a popular view with the managers who think the staff are (essentially) stupid, unlike the managers who are highly skilled & deserving of bonuses