BusinessWeek.com’s playbook section offers a very short, but highly intriguing article title How Netflix nets and keeps talent. Here it is in it’s entirety: PAY LAVISHLY Higher-than-average salaries—and tying bonuses and raises to the market, not a pool—can make stars less likely to bolt. Money is no object in hiring. PROVIDE COMPENSATION CHOICE Employees are more likely to excel if they can pick how much of their compensation they get in stock rather than cash. FOSTER TALENT HUNTERS Encouraging everyone to hire the three people they’ve loved working with most during their careers creates an intense, fun workplace. LET THEM GO Don’t give B performers a middling raise. Give them… Read More
Continue ReadingManic First Monday
I got to start my first Monday of the new year without my laptop. It died over the weekend so I come to you via a desktop system that is not my “home.” It is a strange feeling being on another system. It seems like there should be a resolution in here somewhere. In that light, BusinessWeek.com went to the streets looking for input from managers. The survey was literally conducted walking the streets of Boston so keep that in mind. Two items were the winner: Managers want to find a better work/life balance. As you saw in the video, one person is working 16 hour days. So much for… Read More
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