Change of Control and Severance…For What???

Recently, a member of a client’s Board of Directors asked about the need for Change in Control agreements and severance given today’s scrutiny of those plans.

Folks, to use an old adage, don’t throw the baby out with the bathwater. We frequently need both of these to create a successful environment.

Stay focused on the benefits that the organization receives, and it becomes a bit easier. Two comments, based solely on my experiences:

1. Change of Control agreements exist to ensure that the management team can, in good faith, negotiate and execute the best potential deal (causing a change of control), realizing they will receive specific remuneration for doing so.

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Flight Attendants — Unaccountable in the Sky…

Airline flight attendants are a bastion of idiotic anachronisms and misguided priorities. They start off by saying their “primary job is our safety…”

What???

The “safety” line, that many of them wear like a freakin’ shield to ward off demanding customers — oh, I’m sorry, “passengers” — is way past stupid. 95%++ of their job is about customer comfort; what occupation would allow you to do only 5% of your job well and remain employed?? (more…)

Reading CAN Make You Dumber…

A friend of mine, obviously bored out of his proverbial gourd, sent me a selected piece of text from some reading on “Service Oriented Architecture.”

Here’s what he sent:

Technical staff know service oriented architecture as an architectural style centered on decomposition of the solution along service boundaries aligned with the business and in accordance with sound service oriented principles.

Then my friend appropriately proclaimed, “I’m afraid I’m dumber for reading it…”

Really, guys. Really?

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Employee Layoffs – Cause and Effect… and Results

From a recent email press release I received:

WASHINGTON, DC, September 21, 2009 — The cost-cutting actions that employers have been making to deal with the economic crisis have contributed to a sharp decline in the morale and commitment of their workers, especially top performers, according to… Watson Wyatt and …WorldatWork.

Really. This is similar to those “duh” surveys funded by taxpayers like, “Scientists now claim that eating fat makes you gain weight.”

That this recession has left employees (and managers, executives, and board members) less confident about their status with their firm is no shocker. That’s not exactly “whouldathunkit” material. (more…)

Loyalty in Employment – Where the Hell Did It Go??

I frequently hear a discussion around this topic. Most wail and moan about employers today, about how “they” show no loyalty, about how “they” will lay anyone off at any time…

Personally, I believe too many answer this one-sidedly.

It’s not just employers who are not “loyal” anymore; employees seem to always be on the prowl for something new as well. Go to monster.com or careerbuilder.com, and do a search on your current company as employer.

Prepared to be a little surprised. Many — or most — have their resume out there, and are trolling for their next better opportunity. This is neither good nor bad, necessarily, but it does bear further investigation. (more…)

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