Unilever shareholders will vote in April on a corporate strategy that changes compensation for managers and increases opportunity for them to invest in the company. The plan, designed to foster an owners' mindset, comes two weeks after the company rejected a $143 billion takeover bid from Kraft Heinz. Reuters (2/28)
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Whether the US can create more jobs might not matter because many of those not seeking employment are battling addiction, are in poor health or are held back by a criminal record, Goldman Sachs economists say. Nearly half of men in prime working age who aren't seeking employment take painkillers daily, according to a study. Global News Online (Toronto) (2/27)
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Leadership & Development
Lessons learned from working for a bad boss After working for a bad boss early in her career, Anne Mulcahy made an effort to connect with her own team, even visiting some of her sales representatives at their homes. "I wanted to walk away from every single job, leaving a group of people that felt it was a great experience," said Mulcahy, former CEO of Xerox. NBC News (2/24)
Benefits & Compensation
State-run retirement plans encounter opposition Several states are trying to offer retirement accounts for workers who do not have access to employer-sponsored plans. However, the movement has encountered opposition from business groups and Republicans in the House, who worry that businesses might be tempted to drop their own retirement plans. The Washington Post (tiered subscription model) (2/27)
Path to Workforce
Report: Cybersecurity deficit expected to increase over 5 years The shortage of cybersecurity experts is expected to increase to more than 1.8 million in five years, a Center for Cyber Safety and Education study states. It also found that just 12% of industry talent is younger than 35, showing a deficit of millennial workers, while small and midsize businesses are hit hardest by the cybersecurity skills shortage. CRN.com (U.S.) (2/24)
Too strong a focus on outcomes can create a negative workplace environment where people mistreat each other and, eventually, deliver poorer results. "Don't assume things are fine," writes S. Chris Edmonds, who likens a bad workplace environment to having an out-of-tune instrument in a band. SmartBrief/Leadership (2/28)
