US public companies are being required to share how CEO compensation compares with the average employee's wage, so they should act now to explain the economic factors behind a CEO's pay, says Ethan Rouen, Harvard Business School assistant professor. His research suggests staff can become upset and less productive if they learn of a compensation discrepancy that isn't explained.
The Beach Boys' Brian Wilson returned to his high school in Hawthorne, Calif., this week to mark the formal reversal of an F he received from his music teacher for the song "Surfin' " nearly six decades ago.
A leader who exhibits grace, no matter the circumstances, will bring out the best in staff without causing fear, writes Chip Bell. Such leaders "know that humility is more powerful than vanity, concern is more influential than command," he writes.
Convenience stores are grappling with increased competition from dollar stores and the internet, along with slow wage growth among key parts of its core customers, writes Sandrine Rastello. Loyalty programs and new product offerings are among the tactics being used to entice customers.
Most of us are naturally good at sharing stories, so that approach can help keep you calm and focused during a presentation, writes Darren Menabney. Stories are also easier for audiences to remember than a litany of facts and figures.
Perfectionism only leads to dissatisfaction and fear of making the wrong choice, writes Ilene Strauss Cohen. "What we don't seem to realize is that working toward our goals and being willing to put ourselves out there are accomplishments within themselves," she writes.
Employees often lose momentum when new leadership and its new directives come on board, so take the time to learn about each team's recent activity, writes Elizabeth Doty. "By taking the time to uncover what is happening on the ground now and affirming explicitly what you want to continue, stop, or start anew, you can dramatically reduce the reset effect," she writes.
The Justice Department on Thursday requested that the Supreme Court consider an appeal of a lower court's decision that the White House could not end the Deferred Action for Childhood Arrivals program. DOJ lawyers argue that waiting for the 9th Circuit Court of Appeals to decide would take too long and would "require the government to retain in place a discretionary policy that sanctions the ongoing violation of federal law by more than half a million people."
A Westinghouse Electric executive reportedly filed complaints under federal whistleblower law to the Nuclear Regulatory Commission and the Department of Labor involving the V.C. Summer nuclear power project in South Carolina. The executive is said to have been demoted and reassigned after he pointed out problems with a contractor.
The Supreme Court on Thursday suspended an order from a federal court panel requiring that a new map of North Carolina's US House districts be created. The high court also is considering cases in Wisconsin and Maryland involving alleged gerrymandering.
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