Archives

Overhauling overtime

by Adam P. Boyd The Fair Labor Standards Act (FLSA) establishes basic rights and wage protections, including overtime pay requirements, for American workers. The majority of workers covered by the Act must be paid 1 1/2 times their regular pay rate for all hours worked in excess of 40 per workweek.  On March 13, President […]

5 More Leadership Lessons for Your Leaders

According to Matt Tenney, author of Serve to Be Great: Leadership Lessons from a Prison, a Monastery, and a Boardroom (Wiley, May 2014), when managers develop both the aspiration and the ability to more effectively serve and care for the people on their teams, these managers can become leaders people actually want to follow. Let’s […]

Inspired by a Profound Moment at the Austin Airport

As the sound grows louder, it’s clear that whoever is playing the instrument is drawing closer. In the distance, I can see a man in a plaid kilt walking down the hall toward where I’m sitting. And as he draws nearer, the people to my left rise to their feet. I, too, must stand—if only […]

Communicating with Employees—Don’t Shove It onto the Back Burner

Ask employees what they like least about their jobs, and they typically cite a problem with communication. In fact, in many national employee attitude surveys, participating organizations across the board were rated lowest on questions related to communication, while at the same time employees who took the survey said communication was very important to them.

State Regulators Find Inconsistencies in Broker-dealer Disclosure Practices

A survey by an association of North American state and provincial securities regulators that found numerous inconsistencies in how broker-dealers disclose fees to customers adds weight to calls from federal regulators for service providers to furnish fee guides to employer retirement plan sponsors. “[W]ide disparity among firms in the way fees were disclosed” was reported […]

Have Your Leaders Learned These 6 Leadership Lessons?

A recent Gallup poll shows that only 30 percent of Americans are actively engaged at work. According to Gallup’s chairman and CEO, fully 20 percent of American employees are actively disengaged because they have “bosses from hell that make them miserable.” In turn, these employees “roam the halls spreading discontent.” But wait—there’s good news. According […]

Real Estate Company Makes ‘Brand’ Permanent

Have you ever had so much pride in your company that you were willing to get a tattoo of your company’s logo?  Tattoos are becoming ever more popular in the workforce as younger generations are getting more career-oriented jobs.  One real estate company, Rapid Realty, in New York, is taking the tattoo idea to a […]

Creating a Sales Compensation Philosophy

“When we’re talking about sales compensation objectives, we define them as the five ‘rights.’ We want the sales people to sell the right product to the right customer at the right price at the right profit and at the right time. Unfortunately, many companies don’t get this right.”