this post was submitted on 03 Aug 2023
462 points (96.6% liked)

You Should Know

32162 readers
2 users here now

YSK - for all the things that can make your life easier!

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must begin with YSK.

All posts must begin with YSK. If you're a Mastodon user, then include YSK after @youshouldknow. This is a community to share tips and tricks that will help you improve your life.



Rule 2- Your post body text must include the reason "Why" YSK:

**In your post's text body, you must include the reason "Why" YSK: It’s helpful for readability, and informs readers about the importance of the content. **



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding non-YSK posts.

Provided it is about the community itself, you may post non-YSK posts using the [META] tag on your post title.



Rule 7- You can't harass or disturb other members.

If you harass or discriminate against any individual member, you will be removed.

If you are a member, sympathizer or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people and you were provably vocal about your hate, then you will be banned on sight.

For further explanation, clarification and feedback about this rule, you may follow this link.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- The majority of bots aren't allowed to participate here.

Unless included in our Whitelist for Bots, your bot will not be allowed to participate in this community. To have your bot whitelisted, please contact the moderators for a short review.



Partnered Communities:

You can view our partnered communities list by following this link. To partner with our community and be included, you are free to message the moderators or comment on a pinned post.

Community Moderation

For inquiry on becoming a moderator of this community, you may comment on the pinned post of the time, or simply shoot a message to the current moderators.

Credits

Our icon(masterpiece) was made by @clen15!

founded 1 year ago
MODERATORS
 

This is a very basic fact of life that everyone should learn in school:

If you are forced to accept the bare minimum that is put on the table, your capacity to say no quickly crashes down, to the point that you may be vulnerable to accept a very unfavorable deal.

A scenario where the vast majority of us might find this reality at some point through our lives is the labor market. Whether you are applying for a job, or requesting a raise or a promotion, you are only going to have leverage to get the company to offer you a better deal if you have better opportunities on the table. In socioeconomic contexts where wages are depressed, this is usually not the case. This means that, for a lot of people, accepting a very bad offer means the difference between living a miserable life with a roof over your head and becoming homeless, so they do virtually have no choice but to accept, which only becomes more apparent if they have family members who depend on them.

It is interesting to note that this may be taught in detail to students of business, economics and law, although it is important information for everyone who participates in the economy: https://www.pon.harvard.edu/tag/batna/

In this context, a labor union that decides to initiate a strike isn't just provoking trouble for the sake of it - it is leveling the playing field by creating a situation where not only the livelihoods of the workers are dependent on the negotiation, but the profits of the company and even its capacity to survive are as well, whereas the latter usually wouldn't be.

Note that this applies to many other aspects of life as well. People often stay in abusive relationships because they do not have the means (or think they do not have the means) to leave them. It is difficult to leave the household you share with an abusive partner if you do not have the economic means to move out, and some people may stay in disfunctional friend groups because they think they aren't capable of making new friends, but need some social contact nonetheless.

Different configurations of society may protect people from these pitfalls or incentivize falling into them. The idea that people should find the means to leave their parents' household as soon as they turn 18 deprives them of an economic mattress that would otherwise allow them to be more aggressive when they negotiate for their salary, or even open up the possibility to dedicate time into trying to create their own business or projects. Different forms of social security, such as unemployment benefits, minimum guaranteed income or basic universal rent make working people far less dependent on the possibility of being laid off, which would motivate them to confront management about negative working conditions.

top 19 comments
sorted by: hot top controversial new old
[–] [email protected] 93 points 1 year ago* (last edited 1 year ago) (1 children)

This is partly why big business and the rich classes are vehemently opposed to residuals, income guarantees and universal basic income. It weakens their leverage.

As someone with enough passive income to pay their bills, for whom working is to gain expendable cash, I can tell you it is empowering to have that security and independence. The knowledge that my employer can do nothing to threaten my livelihood.

[–] [email protected] 3 points 1 year ago

any knowledge you would be willing to share on how you are generating such substantial passive income?

[–] [email protected] 24 points 1 year ago (1 children)

This is one of the reasons I am a big advocate of UBI instead of minimum wage. Rather than governments applying a crude, easily corruptible, fix, workers can be more dynamic. It's a lot easier to negotiate a good wage when you don't have your back to the wall. This will push up wages, to a more balanced level, while removing the distortion that income support systems produce.

A percentage tax, flat payout based system would also avoid the inflation issue. The only issue is how to properly apply it to companies, particularly the mega corps (a problem with tax systems everywhere, right now).

[–] [email protected] 0 points 1 year ago (1 children)

The only issue is how to properly apply it to companies, particularly the mega corps

How about, the UBI program by law becomes a partial shareholder of all publicly traded companies in the country.

[–] [email protected] 2 points 1 year ago (1 children)

Unfortunately, that would be easily gamed. You just have the publicly traded company based outside the country. It licenses a ltd company for the rights to various stuff. This is a common, legitimate configuration for many businesses. This would bypass such a law quite trivially.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

Setting aside specifics, the idea would be to gate access to the market contingent on the UBI program being entitled to a portion of whatever investors are entitled to. Do you really think there is no possible way to use whatever leverage the nation has over what businesses need access to, to pull that off?

[–] [email protected] 1 points 1 year ago (1 children)

Considering how hard it is for governments to get taxes out of multinationals right now, it's hard. Big business has a huge vested interest in finding tax loopholes and exploiting them ruthlessly. They also have a strong interest in disrupting any changes that will hit their profit margins. This includes fighting against law changes, both by lobbying, and in public opinion.

[–] [email protected] 1 points 1 year ago

That's fair, but I think ultimately that's where the wealth is, and companies do need legal permission to operate. There are a lot of issues trying to do UBI with only income taxes.

[–] [email protected] 22 points 1 year ago* (last edited 1 year ago)

Yep. You needto know your BATNA going into any negotiation. If you don't have an acceptable BATNA, you are not in a negotiation but in an unconditional surrender pleading for mercy.

BATNA is the Best Alternative to a Negotiated Agreement.

https://www.pon.harvard.edu/daily/batna/translate-your-batna-to-the-current-deal/?amp

[–] [email protected] 21 points 1 year ago

The moment you accept a bad offer out of necessity, remember you are NOT done searching for work yet! Continue to interview as much as possible to achieve a better result you can stomach while you grow your credentials.

[–] [email protected] 17 points 1 year ago

The internal question always needs to be ‘what is my next best alternative - if I need to actually say no’. Without an answer you are comfortable with, you won’t be able to negotiate.

It is a someone evil aspect to reality…. those who have more, and need less, have a better position to negotiate for me.

[–] [email protected] 12 points 1 year ago

cough brexit cough

[–] [email protected] 11 points 1 year ago

I always feel this way about tailgaters. They don't seem to realize that they have given up all the power to the person they are tailgating.

[–] [email protected] 11 points 1 year ago

I bet this has a lot to do with why people are encouraged to take on significant student debt.

[–] [email protected] 5 points 1 year ago
[–] [email protected] 2 points 1 year ago

BATNA is the single most important thing to prepare before a negotiation. What's the best alternative if you tell walk away from the meeting?

[–] [email protected] 2 points 1 year ago (1 children)

This is very important advice - thank you!

In terms of labor market: Don’t just apply for one job. Always try to have options. I know that this is a pretty unrealistic setting for many people - and I’m sorry about that. But if you can - have a plan B. Even if you apply for a job A, which you really think you want, having an offer for a somewhat shitty job B on the table already gives you some leverage. You don’t fight for your survival anymore. You may not get Job A after all if you don’t accept the bad conditions they may offer, but you still have job B to keep you afloat. You may still get job A though - with better conditions and salary than you would have dared to bargain for if you didn’t have an alternative. The more alternatives the better.

Again, I know this is not always possible. If it is though: make use of it.

It’s a little bit like dating. Don’t take the first offer just because they want you. Make sure you actually want them, you and they know and respect your value, and they don’t screw you over.

[–] [email protected] 5 points 1 year ago

I did this last fall! I had a good offer at a crappy location and a less good offer in a great location. I was able to negotiate up on the better location because I had an acceptable fallback.

[–] [email protected] 2 points 1 year ago

Well of course. If you don’t give a fuck about the outcome, you are more willing to take bigger risks. If they fail, so what. If they succeed you win bigger.