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arrows November 13, 2015
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If you are tired of high chief executive compensation, you’re probably not going to like the latest issue du jour: rising director pay. The issue is front and center because of litigation brought against the Internet behemoth Facebook, claiming that Facebook’s directors voted to pay themselves too much by raising the average compensation of outside directors to $461,265 for 2013. (The New York Times)
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Controversy over executive pay is nothing new and probably not going away anytime soon. It is, however, about to change. While companies have long had to share what their CEOs make, financial information about the everyday employee is less readily available. This, of course, has made it difficult to determine the CEO-employee pay ratio and, subsequently, to identify just what kind of gaps exist. (Fast Company)
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Weekends have always been our time to relax, wind down, and spend some time with loved ones. Yet, many never even consider that these precious days of respite could be spent productively – even while having fun. Read on for ways very successful people spend their weekends so that you can incorporate them into your own. (Inc.)
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Career
The workplace can be an enthusiastic, exciting, and – let’s be honest – confusing place. It’s filled with new terms, a new schedule, and a new set of unspoken rules about what flies and what doesn’t. You know you want to be on point and come off as professional as possible, so we’re giving you the ultimate tips on what to do and not to do in the office. (Fast Company)
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No one likes to be criticized. But if you're in the public eye, you're going to face criticism. Some critics will be condescending, some kind, and some cruel. Whatever the variety of criticism, you must be prepared to deal with it. (Inc.)
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Compliments of millennial career coach Ashley Stahl, if you answer "no" to two or more of these questions, Stahl says it’s time to have an honest conversation with yourself and consider moving on. If you answer "no" to one (or none)? Don’t walk away yet – you might just be going through a temporary rough patch. (Fast Company)
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When you make friends with successful people the sky’s the limit. This is how partnerships are made, handshake deals are done, and new audiences found. And it’s not as difficult as you might think.(Fortune)
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Lincoln Financial Group
Diversity in the Workplace
Measuring the feminist movement in waves has become tiresome and inexact. Perhaps it would be better described like software, with system updates containing patches for old problems. The movement’s latest update addresses some of the problems embedded in 1960s second-wave feminism, which one might call v2.0, but not addressed by v2.1 in the ’90s. (The Atlantic)
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Ava DuVernay doesn’t like the word "diversity." It’s not that she’s against the implied sentiment, necessarily – it’s a question of implementation. "When we’re talking about diversity, it’s not a box to check," DuVernay says. "It is a reality that should be deeply felt and held and valued by all of us." (Fast Company)
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International
Sweden, which considers itself a humanitarian superpower, has long welcomed refugees, whether they be Jews escaping the Holocaust or victims of civil wars and natural disasters. Some 16 percent of its population is foreign-born, well above the U.S. figure of 13 percent. (Bloomberg)
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The eurozone economy slowed in the three months to September as exports to large developing economies weakened, a development that makes it more likely the European Central Bank will expand its stimulus programs in December. (The Wall Street Journal)
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U.S. Department Of State
Education
One in five Harvard Business School MBAs accepted jobs in tech this year, a level not seen since the last tech boom in 1999 and 2000, just before the dot-com bust exploded. The school’s 2015 employment report, released this week, showed that tech firms attracted 20% of its Class of 2015, up from 17% last year. (Poets & Quants)
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We are in the age of the sharing economy. Disruptive companies are shaking up established businesses in travel, accommodation and services and are uprooting the traditional employment market. (BusinessBecause)
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Consortium For Graduate Study in Management
NBMBAA

Founded in 2015, the LOT® Endowment Fund is a $1,000,000 award campaign that aims to improve scholastic opportunities through funding for Black youth between the ages of 15-18, through charitable support from the NBMBAA’s members, along with its corporate partners, friends and advocates.

Help us to foster financial and educational assistance for Black students across the nation through undergraduate scholarships, with the goal of sending them to college at no or reduced cost.

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With more than 9,000 members, the NBMBAA is the largest non-profit organization advocating minority business professionals year-round. Our members are professionals from all over the world. Join our dynamic membership pool today to enhance your career and professional portfolio. Membership includes exclusive corporate partner discounts from Black Enterprise, Fiat Chrysler Automobiles US LLC, Dell, Ford and Nationwide.

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Northwestern Mutual
Technology
2012: Desktop to Mobile. Consumers turn to apps, social media, and mobile-optimized websites to browse through and buy products on their phones – clicking through five screens to pay. One-click checkout has been around since 1997, when Amazon.com introduced it for desktop users. (Bloomberg)
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Companies in STEM fields exhibit serious deficiencies of racial and gender diversity, and some of them are the first to admit it. For a long time, many major companies refused to release demographic data about their workforces, but now they’re disclosing it and vowing to change. (The Atlantic)
 
Entrepreneurship
The light-bulb just went off. And now you have a million dollar idea. Should you quit your day job? The situation varies from individual to individual, but before you put-in your two weeks notice, weigh the pros and cons of launching a business while holding down a full-time job. I had to do this before I quit my job. (Entrepreneur)
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The Economy
When Consumer Reports asked shoppers in a national survey about their haggling habits, only about half said they attempted to negotiate more favorable terms, whether it involved a retailer or service provider. (Money)
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Low gasoline prices tempered retail sales in October but a core measure showed decent gains amid strong job growth. Sales rose 0.1%, the Commerce Department said Friday, below the 0.3% rise expected by economists. (USA Today)
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Personal Finance
The housing market is expected to be busier than usual this winter as some home buyers rush to act before the Federal Reserve raises interest rates – which some analysts say could happen as early as December. (The Washington Post)
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Even that cartoon-strip cop Dick Tracy, with that fancy two-way wrist radio in 1946, could never have envisioned that folks would be trotting around 70 years later with digital fitness devices and miniature computers strapped around their arms. (Daily Finance)
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You may love your significant other, but you hate how he or she spends money. Even worse, you may feel like there's little to nothing you can do about it. And maybe you're right. After all, you know your situation far better than anyone. Maybe a divorce, bankruptcy or foreclosure is looming. (Daily Finance)
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Naylor Association Solutions
Corporate America
Last month, a switch was flipped at a sprawling auto factory in Georgetown, Ky., and with it, Toyota started building Lexus cars in the United States for the first time. It is something of a long-awaited homecoming for a brand that was originally conceived of as an American-focused creation: a way of attracting well-to-do American buyers with a moniker unburdened by the Toyota name’s middle-of-the-road image. (The New York Times)
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Kathleen Grace has done pretty well for herself in 2015. In June her production company, New Form Digital, posted a pilot on YouTube for Single by 30, a show about two teenagers who promise to marry each other if they wind up unattached at that unfathomable age. When YouTube announced its paid subscription service, YouTube Red, in late October, Single by 30 was on the list of its 10 exclusive original series and movies. (Bloomberg)
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Leadership
Look around your organization, at the people with whom you interact every day. What do you see? Does your workplace reflect a relative balance of males and females in leadership positions? A healthy range of diversity in terms of age, skin color, religious conviction, culture, or/and sexual orientation? Yes? Before you congratulate yourself on how diverse your workplace is, what if we told you it might not be diverse enough – or at least not in the ways that matter most? (Harvard Business Review)
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They think they’re so special, and they’re driving you crazy? Here’s what to do. Last week, I served as the token millennial on a panel discussing "The Next Generation of Talent." I love researching and speaking about this topic because it always gets everyone lathered up. (Fortune)
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