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Dear HR Professional,
Welcome to a new week and a jam packed compensation ebulletin. Take a few minutes for yourself and read why some say greed is good and stay in the loop with what the "big boys" in the finacial world are up to.
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- Direct Comp Operating Expense Rate
Australian taxpayers pay $37 million for pay admin costs associated with MPs' perks and entitlements
The astonishing figure has been revealed by the Department of Finance as part of an inquiry looking to overhaul the system, which could recommend paying MPs a bigger base salary and axing all the hidden and costly payments and allowances.
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HSBC Boosts Chairman Stephen Green’s 2009 Pension Pot (Update1)
HSBC Holdings Plc Chairman Stephen Green, who asked the bank to end his bonus payments in 2008, received a 4.9 million-pound ($7.4 million) rise in his pension pot for that year and a 1.4 million-pound increase for 2009.
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Greed is Good: Why You Need to Tap Into Your Inner Gordon Gekko
Greed is good. Embrace it. Love it. Live it. In fact, greed may be the one thing that can save us. Don’t believe me? Greed was the foundation for this country. The brave souls who risked their life to settle in a new country did so out of self interest. Our forefathers recognized the importance of self-interest in the Declaration of Independence where they emphasized our unalienable right to pursue happiness.
More...
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Virtual HR Conferences
We invite you to attend one or more of the great conferences lined up for 2010. Watch live webcasts, earn credits, and browse virtual trade show booths. Registration is free for members.
► "Performance Management" - March 24, 2010.
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► "Leadership Development Programs: Should You Be Using Them?" - April 14, 2010.
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It won't cost a penny for these thoughts ... enjoy these blog submissions currently featured on HR.com.
> Social Networks Enhance Interpersonal Communications
We can no longer consider the social media phenomenon a "new thing". Google, Twitter, Facebook, MySpace, and other sites have been around long enough for an entire generation of people to know nothing except these tools as communications media. That generation is a growing part of the workplace.
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