Did We Need Someone to Tell Us That Employees Don’t Care About Shareholder Profits?

Did We Need Someone to Tell Us That Employees Don’t Care About Shareholder Profits?

It really shouldn’t be newsworthy that someone thinks employees don’t care about shareholders, and for those of us in the legal space, it should also not come as a shock that your staff doesn’t care about “profits per partner.” It’s irrelevant. I spent years assuming that if profits and shareholder value were up, that would result in better pay and raises for everyone. That was na├»ve. We were likely talking about the difference between a 2% and a 3% raise. It’s not nothing but not worth all the long hours and life-wrecking commitments we are often asked to give to work.

Australia Close to Becoming the Next to Recognize a “Right to Disconnect”

Australia Close to Becoming the Next to Recognize a “Right to Disconnect”

Will it benefit employee’s mental health? Based on what we’ve seen in other countries, it’s undetermined. The language is often vague, and there are exceptions for emergencies, which there should be. But that opens up loopholes in who gets to define “emergency.” (I have worked with lawyers for years; their definition of emergency might be anything that prevents them from billing time right this very second.)

It’s a Global Economy and a Global Talent Pool For Many Remote Workplaces

It’s a Global Economy and a Global Talent Pool For Many Remote Workplaces

I find it interesting that the same people who only want to hire “the most qualified” person also want to limit themselves to hiring only people who live in the vicinity of their office and are physically able to be in the office 8-10 hours per day, five days a week. It seems that leaves out many talented people who might be better qualified. Can your company compete with just that labor pool in a global economy when others search the world for talent?

If foreign companies poach American workers to work remotely, they might know something you don’t.

Linked – Survey: Employers face more turnover in 2024 as confidence in leadership dips

Linked – Survey: Employers face more turnover in 2024 as confidence in leadership dips

The interesting thing about this is the fact that there’s a lack of confidence in the employer because I think many employers brought that on themselves. Layoffs might make the financials look good with that cut in expenses, but they are also an admission that management screwed up. When your management screws up and people have to be let go, the ones who are left behind don’t see company leadership in a sparkly light.

Employee Wellness Plans Are Likely Making No Difference
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Employee Wellness Plans Are Likely Making No Difference

o here’s an app, but your manager is still going to expect you to answer emails 24×7, customers will be given your cell phone number to reach you whenever, and you’ll be expected to produce 8 hours of work while also attending 4-5 hours of meetings every day. All while not making enough money to pay for childcare or pay off the loans you took to get the degree that was required to get the job in the first place.

Gee, I wonder why that yoga class isn’t helping.