-
This CEO raised all his employees’ salaries to at least $70,000 by cutting his own
The Washington Post: Dan Price, like a growing number of CEOs in recent months, is raising the minimum wage for his employees. But while the chief executives of companies ranging from Aetna to Gap, Inc. to Wal-Mart are upping their
-
Real-Time Data May Be the Best Backseat Driver
New technology is allowing auto insurers to offer insurance models that can use an individual’s real-time driving behavior rather than actuarial tables to help determine their insurance costs. Several major insurance companies now offer Pay-As-You-Drive
-
Gratitude: Good for Your Wallet and Your Soul
The Huffington Post: Enticements to consumerism define our society like never before. From our tablets, to our email, to our smartphones, the next advertisement and the next purchase are only a click away. The result?
-
One Way to Rein in Powerful People? Honest Feedback
While it’s standard practice for supervisors to provide regular feedback to their subordinates, it’s far less common for employees to get the opportunity to candidly appraise their supervisors’ performance. A new study suggests that honesty
-
Offering a Range of Numbers Can Lead to an Edge in Negotiations
New research from Columbia Business School challenges conventional wisdom about making an initial offer during a negotiation. To get the best deal, you may want to consider offering a range of options rather than a
-
The Slippery-Slope Effect: Minor Misdeeds Lead to Major Ones
“Well, you know what happens is, it starts out with you taking a little bit, maybe a few hundred, a few thousand,” notorious fraudster Bernie Madoff told Vanity Fair after stealing $18 billion from investors.
