Description: Trump claims victory at Carrier, but critics aren’t so sure Source: CNNMoney.com – video report Date: Dec 01, 2016 Link: http://money.cnn.com/video/news/2016/12/01/trump-carrier-victory-speech-critics.cnnmoney/ Questions for Discussions: What are the concerns about the intervention at Carrier? Do you think this sets precedence for other businesses? How should business managers deal with this item?
Posts Categorized: Compensation & Benefits
Walmart Just Gave its Managers a Raise
Description: Pay will increase from 45 to Over 48K Source: Fortune.com – video report Date: Oct 12, 2016 Link: http://for.tn/2e7TJxD Questions for Discussions: Why do you think Walmart has increased pay for managers ahead of legislation? Do you think Walmart managers receiving the pay increase feel better about their compensation package and are now more… Read more »
What Women Need to Know to Get that New Job
Description: It all starts with that first email Source: Fortune.com – video report Date: Sep 14, 2016 Link: http://for.tn/2cY6UCc Questions for Discussions: Summarize the advice presented to women in this report. Do you think the ideas would be different for men?
Every employee at a energy company to get US$100,000 bonus
Description: Hilcorp Energy Co., a Houston based private oil exploration company, is awarding nearly 1,400 of its employees a bonus of $100,000 after it met its five-year goals. Source: Financial Post Date: December 10, 2015 Text Link: http://business.financialpost.com/executive/careers/this-houston-energy-company-is-giving-every-one-of-its-1400-employees-a-us100000-bonus Questions for Discussion: Is the bonus too extravagant? Would you prefer to work in a similar company where… Read more »
Public sector employees take substantially more sick leaves
Description: While private sector employees take 6.4 days of sick leave annually on an average, public sector employees take 10.6 days of sick leave annually. A study finds that the most important determinant of sick leave use is not whether you are exposed to injury or illness in your workplace but whether you are in… Read more »
Lavish executive pay on the rise
Description: With increasing shareholder discontent towards lavish executive pay, one would assume that high executive pay will be curbed. However, the opposite seems true. In the U.S. C.E.O. pay has risen on average 12 percent annually. Source: New York Times Date: May 16, 2015 Video Link: http://www.nytimes.com/2015/05/17/business/shareholders-votes-have-done-little-to-curb-lavish-executive-pay.html?ref=business&_r=0 Questions for Discussion: Why has executive pay… Read more »
CEO pay boosted by fellow CEOs
Description: A recent study finds that fellow CEOs may boost CEO pay. Some boards include CEOs of other firms, who might also benefit from voting for a raise in a CEO pay. Source: CBC Date: April 09, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2663187109/ Questions for Discussion: What does the study reveal about CEO pay? Do you feel… Read more »
McDonald’s will increase employee pay and offer vacation benefits
Description: McDonald’s plans to increase employee’s pay by $1 from the minimum local wage; this will apply only to McDonald’s operated locations and not to those run by franchisees—franchisees account for 90% of all McDonald’s locations. Source: Business News Network Date: April 02, 2015 Link: http://www.bnn.ca/News/2015/4/2/McDonalds-will-raise-worker-pay-by-more-than-10-Journal-says.aspx Questions for Discussion: Why has McDonald’s decided to increase… Read more »
Wal-Mart spending $1 billion for pay increase
Description: With support from CEO Doug McMillon, Wal-Mart has initiated a pay increase for its employees. Wal-Mart intends to spend $1 billion to support this pay increase, which will include increasing hourly pay to at least $9 by April and $10 by next February. Source: Business News Network Date: February 20, 2015 Link: http://www.bnn.ca/News/2015/2/20/How-Wal-Marts-CEO-came-to-support-a-1-Billion-pay-increase.aspx Questions… Read more »
Despite similar degree and experience, women still earn less in finance
Description: The wage gap is still large for women employees in the finance sector. According to data collected by Bloomberg Business last year, women who graduated from business schools earned an average of US$21,872 less than male MBAs. Source: Financial Post Date: January 30, 2015 Link: http://business.financialpost.com/2015/01/30/same-job-same-performance-same-experience-same-degree-women-still-make-less-in-finance/ Questions for Discussion: Why is there still a… Read more »