Use the Right Incentives for Gen X, Gen Y, and Boomers | HBR IdeaCast

On August 19, 2009

Use the Right Incentives for Gen X, Gen Y, and Boomers | HBR IdeaCast

Sure, salary is important for everyone, but when it comes to other incentives – such as job flexibility, learning on the job, or working remotely – Gen X, Gen Y, and Boomers are all going to respond differently. Sylvia Ann Hewlett, founding president of the Center for Work-Life Policy and co-author of the HBR article “How Gen Y and Boomers Will Reshape Your Agenda,” discusses the differences between the generations, and how you can get people of every age to give 110%. Featured Guest: Sylvia Ann Hewlett, founding president, Center for Work-Life Click Play to hear the podcast. If you don’t see the player window, click refresh on your browser. If it still doesn’t appear, let our customer service team...


On August 19, 2009

Use the Right Incentives for Gen X, Gen Y, and Boomers | HBR IdeaCast

Sure, salary is important for everyone, but when it comes to other incentives – such as job flexibility, learning on the job, or working remotely – Gen X, Gen Y, and Boomers are all going to respond differently. Sylvia Ann Hewlett, founding president of the Center for Work-Life Policy and co-author of the HBR article “How Gen Y and Boomers Will Reshape Your Agenda,” discusses the differences between the generations, and how you can get people of every age to give 110%. Featured Guest: Sylvia Ann Hewlett, founding president, Center for Work-Life Click Play to hear the podcast. If you don’t see the player window, click refresh on your browser. If it still doesn’t appear, let our customer service team...
On August 19, 2009

Food Deflation Hurts Wal-Mart Comps as Consumer Adapts to Recession

Food – and deflation in the sector -- had a lot to do with why Wal-Mart suffered declining comparable store sales in the latest quarter completed. While 1.3 percent more shoppers visited its stores in the 13-week sales period, comparable store sales declined 1.5 percent at Wal-Mart stores in the United States. Sam’s Club did better, based in part on select price reductions, gaining 0.6 percent, but overall, Wal-Mart’s U.S. comparable stores sales were down 1.2 percent. Beating analyst earnings estimates that fell in at around 86 cents per share helped the company, with Wal-Mart actually posting 88 cents per share. Still, the comps were a disappointment after Wal-Mart had guided for them to come in flat to up three...


On August 19, 2009

Food Deflation Hurts Wal-Mart Comps as Consumer Adapts to Recession

Food – and deflation in the sector -- had a lot to do with why Wal-Mart suffered declining comparable store sales in the latest quarter completed. While 1.3 percent more shoppers visited its stores in the 13-week sales period, comparable store sales declined 1.5 percent at Wal-Mart stores in the United States. Sam’s Club did better, based in part on select price reductions, gaining 0.6 percent, but overall, Wal-Mart’s U.S. comparable stores sales were down 1.2 percent. Beating analyst earnings estimates that fell in at around 86 cents per share helped the company, with Wal-Mart actually posting 88 cents per share. Still, the comps were a disappointment after Wal-Mart had guided for them to come in flat to up three...


On August 19, 2009

Missed Opportunity

Adrian and I have gathered some great (and not so great) stories from readers to share with everyone. Here’s a story of a sorely-missed opportunity for some great recognition.  Performance reviews are a great time to really build up your employees and let them know that you’ve noticed their achievements over the past six months or year. Don’t let it slip by like this boss did:

I work for a company that is, unfortunately, suffering some very hard times right now.  I’ve worked here for over two decades and have great loyalty for the company and high hopes for its full recovery yet we have many hurdles to overcome. Last year, it came time for my year-end performance review with my boss.  I had spent considerable time documenting the various projects I had worked on throughout the year, the success I had achieved along with the feedback (all positive) I had received from my clients.  I forwarded the documentation to my boss ahead of time so that he could review it prior to our meeting.

The day of our meeting, I sat down and my boss informed me that he had not had time to review my documentation but he had not heard anything negative about my work during the year so that was good enough for him.  He dismissed me.  My annual performance review had taken less than 2 minutes! So much for feeling appreciated!  :(

Thankfully, I’m no longer working for him.

-Candy from Chicago

This is a great example of why people don’t leave their companies…they leave their managers.

Read More...


On August 19, 2009

Look What Happens When Insurers ‘Run Naked’

Given the uproar at town hall meetings on health care, it's interesting that Americans seem to be mute on other kinds of government insurance, particularly the type that protects million-dollar beachfront properties. A recent story in ClimateWire says that public insurance programs in several coastal states are "flirting with the notion of saving millions of dollars by shrinking or canceling the coverage they buy from private reinsurers." In insurance parlance, this is called "running naked," and it's about as safe as streaking down the street; someone is either going to call the cops or run you over. So how does it work? States provide insurance for people classified as bad drivers and for coastal area homes where private insurers would...


On August 19, 2009

Look What Happens When Insurers ‘Run Naked’

Given the uproar at town hall meetings on health care, it's interesting that Americans seem to be mute on other kinds of government insurance, particularly the type that protects million-dollar beachfront properties. A recent story in ClimateWire says that public insurance programs in several coastal states are "flirting with the notion of saving millions of dollars by shrinking or canceling the coverage they buy from private reinsurers." In insurance parlance, this is called "running naked," and it's about as safe as streaking down the street; someone is either going to call the cops or run you over. So how does it work? States provide insurance for people classified as bad drivers and for coastal area homes where private insurers would...


On August 19, 2009

BP, ConocoPhillips Lead Pack in Lukewarm Offshore Lease Sale

The U.S. government's auction Wednesday of offshore oil and natural gas leases in western Gulf of Mexicowas tepid, at best, and attracted mainly large energy companies interested in snapping up tracts for deepwater drilling. Natural gas, which has seen its price plummet more than two-thirds since last year, got the cold shoulder, as producers avoided shallow water, gas-producing tracts. Energy giant BPled the pack with the 37 bids for $50.6 million. More than half of that amount -- $28 million -- went towards one deepwater tract in Keathley Canyon. Small producers were largely absent from the auction, which was dominated by U.S. biggies ConocoPhillips, Chevron and ExxonMobil. Brazil's Petrobras also represented, with $10 million in bids. Company   Total high...


On August 19, 2009

Outright Puts eBay Seller Bookkeeping on Auto-Pilot

Selling on eBay just got a whole lot easier with the release of our Bookkeeping Selling Manager App that manages sellers’ books and simplifies tax time.  The easiest way to track and manage eBay financial records, Outright’s free, online bookkeeping software imports transaction data from your eBay account, automating transaction records and making everything readily [...]
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