Robert Reich on The Real Lesson of Labor Day:
“The rich are better off with a smaller percentage of a fast-growing economy than a larger share of an economy that’s barely moving. That’s the Labor Day lesson we learned decades ago; until we remember it again, we’ll be stuck in the Great Recession.”
Agreed. I wonder though — could it really be this simple?
The Economist on unhappiness at work:
“A survey by the Centre for Work-Life Policy, an American consultancy, found that between June 2007 and December 2008 the proportion of employees who professed loyalty to their employers slumped from 95% to 39%; the number voicing trust in them fell from 79% to 22%.”
The article puts the primary blame on the poor economy, but also suggests that micro-measuring employees (how many times did you smile at a customer today?) and mixed messages about company loyalty play a significant role.
Bob Sutton discusses the data further. Particularly, he is interested in how companies will fare when the economy returns.
monthly email
RSS 2.0