Yesterday, Starbucks CEO Howard Schultz announced that the coffee chain will hire 10,000 refugees in 75 countries around the world, starting in the U.S. In a letter to employees , Schultz addressed workers’ concerns about the impact of President Trump’s …
Earlier this week, Verizon made a tentative deal to end the strike by nearly 40,000 of its union employees. The workers, who were represented by The International Brotherhood of Electrical Workers and the Communication Workers of America unions, returned to work today under a short-term agreement. The strike has been ongoing since April 13.
Earlier this year, PayScale told the story of A. K. Verma, an Indian civil servant who managed to avoid coming to work for 24 years before eventually getting fired for "willful absence of duty" in January 2015. Though his case, a byproduct of India's tough-to-penetrate labor laws, is shocking, Verma is not the only employee who has been paid to do nothing. Plenty of workers have found themselves in situations in which they are paid not to work.
Ever since The New York Times published its scathing, 5,000-word takedown of work culture at Amazon, the topic of work-life balance has been the talk of the town. The commentary won't stop, whether it's from Amazon's most rabid defenders or passionate opponents. Even famously silent CEO Jeff Bezos has issued a response. The resulting debate has been fascinating (and probably a bit cathartic for anybody who found themselves working over the weekend), but searching for a definitive answer about whether Amazon is "good" or "bad" probably won't make a difference in your daily life or sense of job satisfaction. What you can, and should, take from the ongoing conversation is the importance of corporate culture in general and its effect on the way you think about the idea of total compensation, and ultimately, the way you negotiate salary.
Imagine penciling "manicure" between "conference call" and "team meeting" on your to-do list, and letting your boss deal with cleaning your house. Or, if whimsy is your thing, think about what it would be like to rent a kitten for your cubicle, or get unlimited free Snickers for the rest of your career. At some companies, perks like these aren't just the stuff of daydreams – they're employees' real-life, workaday experience.
Hot on the heels of the recent Supreme Court decision against Amazon workers, the Pennsylvania Supreme Court just upheld the 2007 judgment for $188 million against Wal-Mart Stores, in Braun v. Wal-Mart Stores. The class action suit affects 187,000 workers, who worked for the company between 1998 to 2006, and centers around Michelle Braun and other Wal-Mart employees, who claimed that they were not compensated for working off-the-clock, as well as through meals and breaks.
The average retail clerk makes a median salary of $28,000 a year across the United States. Employees at the Container Store, however, make an average of $50,000 a year -- nearly twice that. Why would a store pay more than the market rate? It all comes down to CEO Kip Tindell's "one great person equals three good people" rule.