McDonald’s will increase employee pay and offer vacation benefits

Posted by & filed under Compensation & Benefits, Human Resource Management.

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 »

Bank CEO’s are paid too much: TD Bank CEO admits

Posted by & filed under Compensation & Benefits, Ethics, Human Resource Management.

Description: Toronto-Dominion’s outgoing CEO, Ed Clark, admits that bank chief executives are paid too much. There is a growing spread between average incomes and what senior executives are paid at the bank. Source: CBC Date: October , 2014 Video Link: http://www.cbc.ca/news/business/td-ceo-ed-clark-i-m-paid-too-much-so-i-give-back-1.2818836 Questions for Discussion: Do bank chief executives deserve such high salaries? Why or Why… Read more »

Institutionalized Hate

Posted by & filed under Human Resource Management.

One thing is certain (beyond death and taxes), if you sit through enough of them, sooner or later you learn to hate performance appraisals. The article contends that it is time to put an end to performance appraisals because they are hopelessly flawed. After outlining the problems inherent in this process, the author suggests it… Read more »