Winning the "Vote" of Your Customers
Although the Presidential election is over a year away, the political machine of the election cycle is already revving its engine, and several potential Commander-in-Chief contenders have announced their bid for their party's nomination. As each candidate strives to win the support, loyalty, and ultimately vote of their party members, their campaign announcements can teach companies how to win the "vote" of their customers. Read more.
The Personality Trap: Why Women Can't Win at Work
In her highly publicized case against venture capital firm Kleiner Perkins, Ellen Pao alleged that the company passed her over for a promotion and eventually terminated her because of gender bias. Despite losing her suit, Pao was able to highlight the double-bind that many women face at work: be highly competent, but don't step on people's toes; take on leadership roles, but don't be too aggressive; advertise your success, but don't come off as arrogant. Read more.
Would $70,000 a Year Make Employees Happier or Lazier?
After reading a Princeton study that attempted to answer the eternal question Can money buy happiness?, Gravity Payments CEO Dan Price concluded that the answer might be yes. Price decided that all of the 120 employees at Gravity Payments, a Seattle-based credit card processing company, would earn at least $70,000 a year. More than 30 of his employees will have their salary doubled, and Price is taking a huge pay cut to help meet the new "minimum wage." Is this a smart move that will increase employee motivation, or an unsustainable business model? Read more.
Water-Starved California Could Cause Economic Drought
While some eastern states are still searching for signs of spring, California's streak of never-ending sunshine continues. Though warm weather may seem enviable, the lack of rain for more than three years has entrenched the Golden State in a severe drought, which could end up having disastrous effects for the rest of the country. The agriculture industry has already lost thousands of jobs, and the drought could bring higher food prices, which would have devastating consequences for consumer spending and for an economy that already showed only anemic growth in Q1. Read more.
April Jobs Report
Relieving fears that the economy may have been starting to stall due to weak GDP growth and disappointing jobs increases in the first quarter, April saw the job market rebound. The U.S. economy added 223,000 jobs and the unemployment rate decreased to 5.4%. Read more.
Creating a Recognition Culture
Wanting to recognize the hard work of admins in the office, a manager wonders about the best way to celebrate Administrative Professionals Day. Anita Clew offers advice and strategies for not just appreciating employees on one specific day, but instead creating a workplace culture of recognition that will keep staff feeling engaged and appreciated all year long. Read more.