Five for Friday 10.14.16
This week’s kinda-sorta must-reads for HR folk.
1. The Gig Economy is the Story of the Day
It’s been estimated that as many as 1 in 3 workers in the U.S. and Europe are now part of the gig economy, and people are realizing that has implications. Not surprisingly, opinions differ. Here’s a sample of the recent writing on the topic:
How The Gig Economy Can Benefit Boomers (Huffington Post)
How The Gig Economy Is Changing Work For Women (ValueWalk)
“The bank’s misdeeds were fundamentally simple: Under intense pressure to meet aggressive sales goals, employees created sham accounts using the names — and sometimes, the actual money — of the bank’s real customers.” CEO John Stumpf needed to be a little more careful about creating poorly conceived bonus programs and the unintended consequences that can result: scandal, $185 million in fines, and resignation in disgrace. And another unintended consequence that the Wells Fargo Board and shareholders should take a hard look at: Stumpf’s exit package adds up to over $130 million. Reported by the NYT.
Well, the price is right. Thanks to SHRM
“As soon as you put some physical distance between the offender and the rest of the team – for example, by rearranging desks, reassigning projects… or encouraging more work-from-home days — you’ll see the situation start to improve… ‘You’re trying to protect people like you would with a disease.'” If you can’t fire them, put them in quarantine. From the HBR.
“…a nationally representative survey of roughly 1,500 workers nationwide found lots of people swear in the office, especially younger people — and especially women.” Lots of reasons were given (toxic coworkers?), but this was my favorite: “Words are tools and I wouldn’t leave home without any of them.” Courtesy of The Washington Post.