Nike revises its global compensation structure | Keep workers by offering professional development | CEO: Focus wellness on chronic disease, behavioral change
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Nike will award pay raises to upward of 7,000 staffers to stress pay equity and to change the way it allocates bonuses to factor in companywide performance, according to a company memo. The brand has more than 74,000 staffers worldwide. CNBC (7/23),The Wall Street Journal (tiered subscription model) (7/23)
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Organizations can retain top employees by offering them a chance to develop their professional skills, writes Meghan Biro, founder and CEO of TalentCulture. They should offer micro-learning opportunities and make sure managers are invested and involved to ensure success of development programs, she recommends in this commentary. Forbes (7/23)
Don’t fall for these managerial traps Do you know what seagull management is? Are you inadvertently doing it? Four More Mistakes Managers Make — And How to Prevent Them covers managerial mistakes that are easy to fall for, as well the tools you need to avoid them.
Proposed SNAP rules could hurt low-wage workers The 2018 farm bill proposed by the House of Representatives would change the work requirements for Supplemental Nutrition Assistance Program eligibility, leading more than 2 million people to receive reduced benefits or lose them completely. Poverty advocates say the proposed rules would harm low-wage and part-time employees who have unpredictable schedules and cause child care issues for many workers. The Philadelphia Inquirer/Daily News (tiered subscription model) (7/23)
Path to Workforce
Study considers wealth gap of black, white graduates A study from Brandeis University shows that 13% of college-educated black families inherit more than $10,000, compared with about 41% of white college-educated families. Researchers say the disparity, which could take two centuries to close, means white families are better positioned to pay off student loans and buy a home. The Atlantic online (7/20)
The HR Leader
What a growth culture looks like The research of Carol Dweck and others offers a path for leaders to invest in employees, thinking of them as capable of growth rather than in a fixed state, writes Alaina Love. Such leaders model an openness to feedback and embrace change instead of fearing failure, she writes. SmartBrief/Leadership (7/23)
