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So what do you really think about when you hear “Labor Day”? Big sales? School starting? Last beach holiday? Last summer BBQ?
Labor Day is designed to recognize the contribution of labor to our society and economy. It has been around since President Cleveland recommended it in 1887!
All of us who work – at whatever job – are ‘labor.’ Yet recent research indicates over 55% of workers say they did not receive any recognition from their bosses in the past year. And nearly 3/4th say they did not receive any […]
I talk often with clients on the topic of their culture and how it is manifest in their daily activities, procedures, and practices. Culture is critical to business success. Yet many organizations have not designed or managed theirs, so it exists more by default than intention. Even more have developed significant differences between what they say and what they do. Think how many say they want teamwork but all rewards and raises are done individually, for one common example.
This SlideShare presentation by Reed Hastings is an excellent example of […]
Now is the time many organizations start thinking about the next year’s pay raises. Before you start the hunt for ‘market rates’, projected pay raise averages, budget or other data – think a bit about what you are paying for.
Very few founders, CEOs, or senior executives have thought about their philosophy of compensation directly. Fewer still have tied it to their desired culture.
And so, over the decades, I have talked about these issues with many senior folks. Often I also use a short quiz and set up the scenario:
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