Most analysts of the high-finance meltdown that ushered in the Great Recession have concluded that excessive compensation was a key causal factor. Outrageously high rewards gave executives an incentive to behave outrageously, to take the sorts of reckless risks that would eventually endanger our entire economy. Our nation’s leading political players have sought, sometimes with …
William H.T. Bush – a WellPoint board member and President George H.W. Bush’s younger brother — collapsed at the annual shareholder meeting the other day, just as the health insurer’s CEO, Angela Braly, was trying to explain to angry shareholders why profits are up but the company’s reputation is in the tank. Thankfully, Bush improved …
Shareholders Move to Curb Extravagant Pay for WellPoint CEO Read More »
A recent Time magazine poll found that 71% of Americans who responded want the government to place limits on the executive compensation at firms that received bailout money. Yet accomplishing this task selectively is impossible to do. The government did appoint a czar of executive compensation for these corporations, but he approved a $7-million salary/$3.5-million …
Studies show that good looking people have an easier time at work. I still laugh when I remember the Daily Show’s segment on John Roberts Supreme Court hearings, entitled, “Judge Cutie” (with the same logo as Judge Judy). And that wasn’t the only press coverage that included a reference to the fact that Roberts was …
Inc. magazine and Winning Workplaces are partnering to find and recognize exemplary organizations for the 2010 Top Small Company Workplaces competition.
One of the most creative bits of problem solving I’ve ever heard of came during Hurrican Katrina. In the French Quarter, Addie Hall and Zackery Bowen found an unusual way to make sure that police officers regularly patrolled their house. Ms. Hall, 28, a bartender, flashed her breasts at the police vehicles that passed by, …
CEO used to equal rock star. Okay, it’s not as bad as it was in the ‘80’s when even non-business magazines had smiling CEOs on the cover, but I still think most of us want our CEO to have a certain amount of star quality. Call it the Trumpification of the corporate world. …
A few years ago Workplace911 did an online poll. It asked, “Which movie title best describes your relationship with your boss?” Sure, the question was light-hearted, but the results weren’t: Little Shop of Horrors: 20% It’s a Wonderful Life: 24% But the #1 movie title describing the relationship between employees and bosses? House of Games: …
Memo to CEOs: Your Employees Just Aren’t That Into You Read More »
CEO PATRIOT PLEDGE: As an executive my primary motivation is to act for the good of my company, not just my own financial gain. No one at our company will earn a guaranteed base salary more than 40 times of our lowest paid worker and we will offer the same health care and 401(K) matches …
The CEO Patriot Pledge: Just Say ‘No’ to More Layoffs Read More »
Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.
