According to Babak Varjavandi, companies embracing location-based compensation send an unspoken message that people who live in more affluent areas are worth more to the company. Questions: What are the positive effects of avoiding location-based pay cuts? How does Babak recommend that companies set up fair compensation plans in a remote work environments? What is… Read more »
Posts Tagged: compensation
More about the “Make Amazon Pay” coalition
According to the New York Times, Amazon surpasses all largest private employers in adding the number of workers in a single year. Despite this, the costs to workers is not covered by the online giant. Questions: Why does the article claim that health benefits and a 401(k) is not enough to compensate employees? Why was… Read more »
Boeing Woes
According to Business Insider, Boeing’s nightmare year got even worse this weekend as the manufacturer warned that hundreds of its 737 planes, including 159 of its troubled 737 Max jets, might have faulty parts on their wings. Questions: What are slat tracks? Who produced the defective slat tracks? What are ten airlines demanding from Boeing?… Read more »
Wells Fargo In the News, AGAIN!
In a recent regulatory filing, Wells Fargo disclosed that between 2010 and 2015, they foreclosed on 400 homeowners after improperly denying them loan modifications that could have allowed them to stay in their homes. Questions: 1. According to the article, how did this happen? 2. How do they plan to compensate these people? 3. Do… Read more »