Employee Shortage and “Woke” Employers

 

Business press articles on the widely experienced shortage of workers in the United States often identify as part of the problem that the current “labor participation rate” (1) is unusually low. The articles generally offer up several theories on why so many people are not participating in the labor market. Those theories include 1) people still living off government pandemic checks, 2) people unwilling to commit to a job while the school schedules for their children continue to be unreliable, 3) laziness of the youngest generation, and 4) older people who were prematurely retired during the pandemic and choose to stay retired. Businesses lament the difficulties in finding and attracting employees, and complain how the worker shortage negatively affects their business activities.

But, have businesses considered the possibility that they could be contributing to the problem themselves? Are businesses scaring off potential employees with “woke” policies and controversial political messaging? I’m not sure I can muster much sympathy for the “woe is me” businesses lamenting their inability to find workers while the businesses push “woke” policies and controversial political positions.

I am a premature retiree, though my premature retirement slightly preceded the pandemic. I sometimes miss aspects of working, and so occasionally look at reentering the paid labor market. But when I do look, I see all the focus prospective employers put on non-core issues such as promoting sexual deviancy and related bullying (illustrated with widespread use of rainbow flags), promoting “anti-racist” racism, opposing formation of stable families, promoting the killing of employees’ babies, hating on many aspects of Western Civilization and on the foundational values of America, and other topics from the current “woke” agenda. From that I conclude that the company probably doesn’t want me, and that if I were to go to work there I would be uncomfortable and the company would be working actively to make me uncomfortable.

My profession and particular skills are used mostly by universities and large corporations, organizations most likely to be pushing woke policies and polarizing political positions. I am a Christian man who supports the principles of life, liberty, and the pursuit of happiness on which the United States was founded. I am married to a woman, and of German/English/Scottish ethnic heritage. So I have many of the characteristics “woke” ideology seeks to banish from society. Why would I seek to work somewhere where I am so obviously unwelcome, and for an organization that seems determined to make me uncomfortable being there? I lose any residual interest I may have had in trying to reenter the labor force. Which means employers have to a shrunken pool of prospective employees.

I understand that employers believe “woke” policies and controversial political positions attract a type of employee the employer considers valuable. How sure are employers that they are pursuing a net positive? Can employers really be sure that their “woke” policies and controversial politics don’t discourage more prospective employees than they encourage?

As a side note, I also admit to deriving perverse enjoyment when those very “woke” employees the employers say they want then cause all sorts of internal turmoil when their woke priorities inevitably clash (see Washington Post and New York Times newsrooms for example).

Employers really should consider the possibility that pursuing wokeness might not be the net positive they seem to think it is for attracting employees that will help the business succeed. I can’t muster much sympathy for employers claiming they can’t find employees while those employers are actively driving prospective employees away.

 

 

(1) the percentage of people of “working age” who are either working or actively looking for work

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  1. Stad Coolidge
    Stad
    @Stad

    I would add vaccine mandates to the list . . .

    • #31
  2. Steven Seward Member
    Steven Seward
    @StevenSeward

    GlennAmurgis (View Comment):

    Cassandro (View Comment):

    RushBabe49 (View Comment):

    Do you own an index mutual fund, like a total stock market fund? The “asset manager” of that fund, like Vanguard, buys stock in all those companies for the fund. By virtue of owning the stocks in the fund, Vanguard gets to “vote” their shares every year. For some big companies, Vanguard, Fidelity, and other big fund managers are their largest shareholders, and have influence over how the companies are run. I have heard some mention of the big fund companies polling their customers on how they might vote their shares, if they owned them. When you buy a passive-index mutual fund, you essentially give your votes to the fund managers to manage on your behalf. Maybe if enough Vanguard or Fidelity customers let their interests be known, the big fund managers might take notice. In fact, I have a personal financial advisor at Vanguard, and I intend to give him a piece of my mind on “wokeness” the next time we talk, at the end of this month.

    There is a guy, who started a conservative web site, that was linked to (I think) here on Ricochet (or by one of the other many sites Ricochetti patronize) who wrote that he has also started an unwoke investment company to take BlackRock’s business. I don’t know where to find it (and of course the Ricochet search engine is not trustworthy to either find it or to determine that it’s not here). But you should at least just know that one exists and to keep your eyes open for it.

     

    The man’s name is Vivek Ramaswamy

    ‘Woke, Inc.’ Author’s Startup to Take On BlackRock – WSJ

    That’s the guy I heard on Prager’s show who revealed the whole blackmail scheme with Asset Managers!

     

    • #32
  3. David Foster Member
    David Foster
    @DavidFoster

    A post on ESG at Jeff Carter’s substack.

    • #33
  4. philo Member
    philo
    @philo

    Full Size Tabby: But, have businesses considered the possibility that they could be contributing to the problem themselves? Are businesses scaring off potential employees with “woke” policies and controversial political messaging?

    This issue has been a silent killer in some very specific corners of business world for some time…specifically, with companies that have just one customer that just happens to be pushing the agenda (i.e., the USG). I suspect it is getting to the point now that you describe above but for much longer now it has been a growing conflict between the new, young hires and the older generation with all of the experience and tribal knowledge. The companies generally sided with the young long ago…the old were tied to pensions, etc. They weren’t going anywhere…but over time, that bet just wasn’t so safe anymore. Things are heading into a very bad place in some industries…

    • #34
  5. Brian Clendinen Inactive
    Brian Clendinen
    @BrianClendinen

    RushBabe49 (View Comment):

    Do you own an index mutual fund, like a total stock market fund? The “asset manager” of that fund, like Vanguard, buys stock in all those companies for the fund. By virtue of owning the stocks in the fund, Vanguard gets to “vote” their shares every year. For some big companies, Vanguard, Fidelity, and other big fund managers are their largest shareholders, and have influence over how the companies are run. I have heard some mention of the big fund companies polling their customers on how they might vote their shares, if they owned them. When you buy a passive-index mutual fund, you essentially give your votes to the fund managers to manage on your behalf. Maybe if enough Vanguard or Fidelity customers let their interests be known, the big fund managers might take notice. In fact, I have a personal financial advisor at Vanguard, and I intend to give him a piece of my mind on “wokeness” the next time we talk, at the end of this month.

    The problem is that you are an owner of the company but have zero power over who is on the board of the company. That is these are not publically traded companies so it’s management who decides how to run these companies and they have zero accountability since they pick who will give them oversight.

     

    I would set up my own index funds but you still need like 100k to 200k to due that hopefully. In the future, the entry-level will decrease so I can just mimic an ETF or INdex thru an annual software fee automatically. And not give these companies so much power.

    • #35
  6. Django Member
    Django
    @Django

    philo (View Comment):

    Full Size Tabby: But, have businesses considered the possibility that they could be contributing to the problem themselves? Are businesses scaring off potential employees with “woke” policies and controversial political messaging?

    This issue has been a silent killer in some very specific corners of business world for some time…specifically, with companies that have just one customer that just happens to be pushing the agenda (i.e., the USG). I suspect it is getting to the point now that you describe above but for much longer now it has been a growing conflict between the new, young hires and the older generation with all of the experience and tribal knowledge. The companies generally sided with the young long ago…the old were tied to pensions, etc. They weren’t going anywhere…but over time, that bet just wasn’t so safe anymore. Things are heading into a very bad place in some industries…

    I’ve been retired for a while but have kept in touch with some friends still at my old haunts. I heard through the grapevine that an e-mail more-or-less threatened employees who weren’t vaccinated with termination. Usually, it was older employees, and a lot just submitted their papers rather than take the jab. Now that the tribal knowledge has been lost, they can’t meet schedules and the younger workers who never had time to learn the tribal chant are struggling. 

    • #36
  7. kedavis Coolidge
    kedavis
    @kedavis

    Django (View Comment):

    philo (View Comment):

    Full Size Tabby: But, have businesses considered the possibility that they could be contributing to the problem themselves? Are businesses scaring off potential employees with “woke” policies and controversial political messaging?

    This issue has been a silent killer in some very specific corners of business world for some time…specifically, with companies that have just one customer that just happens to be pushing the agenda (i.e., the USG). I suspect it is getting to the point now that you describe above but for much longer now it has been a growing conflict between the new, young hires and the older generation with all of the experience and tribal knowledge. The companies generally sided with the young long ago…the old were tied to pensions, etc. They weren’t going anywhere…but over time, that bet just wasn’t so safe anymore. Things are heading into a very bad place in some industries…

    I’ve been retired for a while but have kept in touch with some friends still at my old haunts. I heard through the grapevine that an e-mail more-or-less threatened employees who weren’t vaccinated with termination. Usually, it was older employees, and a lot just submitted their papers rather than take the jab. Now that the tribal knowledge has been lost, they can’t meet schedules and the younger workers who never had time to learn the tribal chant are struggling.

    What I’d like to see are the retirees setting up a competing business that can run rings around their former employers.

    • #37
  8. philo Member
    philo
    @philo

    Django (View Comment):

    philo (View Comment):

    Full Size Tabby: But, have businesses considered the possibility that they could be contributing to the problem themselves? Are businesses scaring off potential employees with “woke” policies and controversial political messaging?

    This issue has been a silent killer in some very specific corners of business world for some time…specifically, with companies that have just one customer that just happens to be pushing the agenda (i.e., the USG). I suspect it is getting to the point now that you describe above but for much longer now it has been a growing conflict between the new, young hires and the older generation with all of the experience and tribal knowledge. The companies generally sided with the young long ago…the old were tied to pensions, etc. They weren’t going anywhere…but over time, that bet just wasn’t so safe anymore. Things are heading into a very bad place in some industries…

    I’ve been retired for a while but have kept in touch with some friends still at my old haunts. I heard through the grapevine that an e-mail more-or-less threatened employees who weren’t vaccinated with termination. Usually, it was older employees, and a lot just submitted their papers rather than take the jab. Now that the tribal knowledge has been lost, they can’t meet schedules and the younger workers who never had time to learn the tribal chant are struggling.

    Exactly. And the damage done is largely irreversible. 

    • #38
  9. Django Member
    Django
    @Django

    philo (View Comment):

    Django (View Comment):

    philo (View Comment):

    Full Size Tabby: But, have businesses considered the possibility that they could be contributing to the problem themselves? Are businesses scaring off potential employees with “woke” policies and controversial political messaging?

    This issue has been a silent killer in some very specific corners of business world for some time…specifically, with companies that have just one customer that just happens to be pushing the agenda (i.e., the USG). I suspect it is getting to the point now that you describe above but for much longer now it has been a growing conflict between the new, young hires and the older generation with all of the experience and tribal knowledge. The companies generally sided with the young long ago…the old were tied to pensions, etc. They weren’t going anywhere…but over time, that bet just wasn’t so safe anymore. Things are heading into a very bad place in some industries…

    I’ve been retired for a while but have kept in touch with some friends still at my old haunts. I heard through the grapevine that an e-mail more-or-less threatened employees who weren’t vaccinated with termination. Usually, it was older employees, and a lot just submitted their papers rather than take the jab. Now that the tribal knowledge has been lost, they can’t meet schedules and the younger workers who never had time to learn the tribal chant are struggling.

    Exactly. And the damage done is largely irreversible.

    Part of the reason I felt no regret in walking away for good was the response I got when I pointed out that we had lost three nearly irreplaceable people. The response was that others were “stepping up and making the decisions.” I didn’t make any friends when I pointed out that “any fool can make a decision, but it takes someone special to make the right decision. We won’t know if the right decisions are being made for two or three years, and then it will be too late to correct wrong decisions.” 

    • #39
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