Executive Pay Packages Are Out of Whack General Motors CEO Mary Barra, the highest-paid chief executive among the Big Three, made nearly $29 million in 2022. Securities and Exchange Commission filings show that this is 362 times the median GM employee's paycheck. Publicly traded companies are required to disclose the... Read more →
Creating a Supporting Culture in the Organization I have previously pointed out in my blog that “quiet quitting” does not mean that employees outright quit their job. While employees do not stop performing their duties, they quit the idea of going above and beyond. They no longer subscribe to the... Read more →
What is a SPAC? The new craze on Wall Street is SPACs, or a special purpose acquisition company. SPACs are shell companies formed with the sole purpose of raising funds so it can buy an existing business. There were over 100 SPAC IPOs in 2022. They are often referred to... Read more →
Taking Credit for the Work of Another Employee I was curious to see how ChatGPT would respond to two questions about taking credit for the work of another employee. The responses are below. I was surprised how accurate it was, although a couple of points were overlooked in the first... Read more →
Analyzing the Case for Corporate Social Responsibility There is no doubt that wokeness has entered the workplace and creates challenges for ethical behavior. Some say it goes too far and politicizes the workplace. Others believe it’s simply an expression of social justice in the workplace and, as such, mirrors what’s... Read more →
New Ways to 'Check Out' at Work: Dangers for the Workplace I have previously blogged about “quiet quitting.” In July 2022, a TikTok user with numerous followers posted that he recently learned about quiet quitting and said: “You’re not outright quitting your job, but you’re quitting the idea of going... Read more →
A Strategy to Attract and Retain Employees Values based recruitment (VBR) is an approach which attracts and recruits’ students, trainees and employees on the basis that their individual values and behaviors align with the values of a company. It should take place as part of existing recruitment processes which assess... Read more →
Dealing with Age Discrimination I have previously blogged about the challenges faced by seniors in the workplace as they age. My visibility in the senior space has led to many questions about the questionable practices by employers and advice for how to deal with being discriminated against. Here are three... Read more →
Setting an Ethical Tone at the Top I have previously blogged about the importance of having a code of conduct for all organizations. A code of conduct establishes the ethical principles upon which the behavior of employees will be judged. It helps to distinguish right from wrong. A code provides... Read more →
Communicating Organizational Values and Goals From time to time, I read about a new theory that broadens the concept of company culture. The trickle- down culture is one such example. What is Company Culture? A company culture can be defined as a shared set of values, goals, attitudes and practices... Read more →