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How to Recognize an Exploitative Business Model?

How to Recognize an Exploitative Business Model?

by molly famwat

People are slow at getting back to work for a reason. There are many exploitative business practices, and you need to know how to spot them.

Table of Contents

  • What Is an Exploitative Business Model?
  • Payment in Abstractions
  • We are a Family Here
  • Strict Corporate Culture

What Is an Exploitative Business Model?

What many are calling the ”Great Resignation” is happening as we speak with companies across the United States and even globally. And while businesses that are losing workers are blaming exterior factors, the truth is that in the newest business model, people just won’t work for places that have exploitative business models.

There are three red flags you should look after when finding new work, either for the first time or after a short rest:

  1. You are asked to prioritise the company over yourself
  2. What is in your job description is only a fraction of your work
  3. Company policy is explained verbally

And there are others, but in most cases, you won’t be able to see those until you actually start working. But, in the case of these three, you can ask about it upfront, and if there is any fidgeting with the explanation, you should take that job only if you really need or want it.

But, if you want to test your luck, it might be better to try free spins withdrawal at ฟรีสปินถอนได้2021 than to try your luck with your employment. As your chances of having a good time are much bigger there.

If anything, you should understand that no work, especially if you have a social network where you can assist to earn your keep in the first place, such as living with your parents or employed spouse, is better than wasting your time in a place that doesn’t even plan on compensating you correctly.

Payment in Abstractions

Probably the most popular exploitative business model, at least when it comes to bad companies, is the payment in experience, recognition, or exposure. While this has been publically sold as a ‘’good opportunity’’, it is anything but.

In such a case, monetary compensation isn’t just something you would work for but also a matter of respect. The company that wants to hire your time should always respect your time.

This compensation should be fair and at a market rate and shouldn’t need any ‘’additional bonus’’. You are already asked for your qualifications when you apply, so any learning opportunity is just called repetition, and you should be paid even more when you have the experience.

This may be different for those without experience, but good companies, even in those cases, will usually compensate you for your time.

In the words of Tony Sloterman, the Product Owner of Casino Bonuses Finder, ‘’Even those who came right out of college have something to offer. When we hire an apprentice developer, we don’t expect much of them, but mutual respect is guaranteed, as we want to keep those who become journeymen and finally masters of their trade.”

We are a Family Here

If that is the case, Child Protective Services should be called immediately.

Ask a simple question here: ‘’Would you support me financially if I can’t work for a year?’’ And if the answer is ”no” then you are not a family, you are an employee.

Any degree of loyalty, and some companies do deserve it, should be earned by how the company is acting. Asking for loyalty from the start just means that they don’t plan on doing anything to deserve it.

Strict Corporate Culture

Out of hours team building, mandatory travel, or any type of practice that is not strictly policy but rather ‘’part of the culture’’. If it’s mandated by your job, then it is compensated.

Now, you may like to hang out with your work friends, and that can often be beneficial for your career, but it should never be an obligation. Unless it is your company or you have a stake outside of your paycheck, any extracurricular activities should be either compensated or anything but obligatory.

Regretfully, this list isn’t complete, and you should always consider any job interview as a two-way street. They are asking you if they want you to work there, but you are also asking them if they are good enough for you to work there.

Filed Under: Business

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