January 6, 2020
Executive pay at major firms will today exceed entire 2020 pay for average worker
The average FTSE 100 boss will have already earned as much by 5pm today as a typical employee will take home this entire year. According to the analysis from the CIPD and the High Pay Centre, those leading Britain’s biggest companies earn 117 times more than the average worker. The CIPD and High Pay Centre are calling on businesses not to treat the new reporting requirements on executive pay as a ‘tick-box’ exercise and to use it as an opportunity to fully explain CEO pay levels. They also highlight the need for firms to provide a clear rationale for why CEOs are paid what they are and what is being done to address the issue of fair pay in their organisation more broadly. They consider this an important step to help build trust in business amongst employees, wider stakeholders and society. More →
October 14, 2019
The importance of patience in the workplace
by Antonio Argandoña • Comment, Wellbeing, Working lives
Empirical studies on patience have demonstrated the positive effects it can have on creativity, product quality, collaboration and productivity as well as the long-term sustainability of companies. Being patient means listening, observing, waiting for information to come, consulting other people and seeking relationships that provide new resources to make good decisions. Patience is good for ourselves and others. More →