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 »
Posts Tagged: Human Resource Management
Ontario minimum wage increases to $11.
Description: The minimum wage in Ontario is increased to $11 per hour. This means that Ontario along with Nunavut have the highest minimum wages in Canada. Source: CBC Date: Jan 30, 2014 Link: http://www.cbc.ca/player/News/Business/ID/2433960206/ Questions for Discussion: What are the different views from the workers and the employers? What are the benefits and drawback of… Read more »
JPMorgan fined $1.7 billion
Description: The U.S. government seems to be coming hard on Wall Street. In a recent judgment, the U.S. justice fined JPMorgan $1.7 billion for failing to inform the authorities over Bernard Madoff’s Ponzi scheme. Source: CBC Date: Jan 10, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2429428298/ Questions for Discussion: Should JPMorgan be held responsible and fined… Read more »
MBA grads choosing non-corporate sectors
Description: According to a recent report compiled by Catalyst, 11% of Canadian high profile employees (those with an MBA) are beginning their career in the non-corporate sector; that is jobs in the public sector and non-profit organizations. This percentage is substantially higher for Canada than those for the U.S. (4%), Asia (3%) and Europe (5%)…. Read more »
Chronically unemployed
ARTICLE SUMMARY: With the economy in a recession, unemployment is high. Despite efforts to stimulate the economy, unemployment numbers continue to rise. This leaves many unemployed for long periods. Congress has had to reauthorize unemployment benefits and extend eligibility for some that used up their benefits. This article describes the plight of the chronically unemployed… Read more »
