It was great to have the opportunity to speak with Maria Ward-Brennan at City AM about the 2024 salary wars and what may happen in 2025.
Ria Karnik’s Post
More Relevant Posts
-
Employers in Columbus: A new law is in effect that makes it illegal to screen applicants based on their current or prior compensation, ask about prior wages during salary negotiations or disfavor candidates for not disclosing their salary history. Learn more and download the employer toolkit at SalaryHistoryBan.com. #salaryhistoryban #payequity #columbusohio
To view or add a comment, sign in
-
I know, I know... we're not supposed to like "echo chambers" and are supposed to encourage "diversity of thought" and, yet, the white, beardy hippie guy on the left is dressed exactly like me, right down to the Vans and tie dye... And here I am advocating for this post. But... If diversity of thought means listening to the opinions of those who sit outside of YOUR OWN frame of reference, and if the cost of living crisis is something we're serious about tackling, then I think there's ample reason for you to take heed of this peerless piece of branding. Not only is it great "employer branding," simply because it attracts people based on indisputable ethics of greater fairness... It's also great consumer branding, because it sells soap based on the principle of corporate social responsibility that goes far beyond just the ingredients of the product. Want to close the culture gap between senior leadership and shop floor? Raise the standard of living of those at the bottom and cap the "gimme" culture at the top. The accepted assumption is that you'll reduce the quality of leadership if you don't pay them as much, but the success of Dr Bronner's, the quality of this branding and marketing approach, and the loyalty built from the bottom up (which has surely reduced attrition a ton and driven internal progression, and I'd love to see the stats, if you're reading DBs) puts paid to that outmoded rhetoric. In a world where the gap between the obscenely well off and the destitute has reached chasmic proportions, this is a watershed operating model in terms of the way it's being leveraged in communications. Heads up, corporate giants. This ain't no new age "head shop" co-op game. It's your competition. Watch as others follow suit... ♥️
Let's talk about Dr. Bronner's 5-to-1 salary cap.
Dr. Bronner's 5-to-1 Salary Cap Explained
To view or add a comment, sign in
-
In an era when executive compensation often vastly outpaces average workers (ex. CEO Elon Musk's $56 billion pay package), Dr. Bronner stands out by capping executive salaries at no more than five times that of their lowest-paid, fully vested employee. This approach fosters a sense of equity and mutual respect within the company, driving better team cohesion and overall performance. By aligning compensation more closely across the board, Dr. Bronner promotes fairness and enhances employee satisfaction and retention. This progressive business model illustrates that when companies prioritize equity and shared prosperity, they build stronger, more dedicated teams.
Let's talk about Dr. Bronner's 5-to-1 salary cap.
Dr. Bronner's 5-to-1 Salary Cap Explained
To view or add a comment, sign in
-
If trickle down economics worked, Dr. Bronner's would be the norm, not an outlier. Billionaires are living bizarre lives with 24/7 security and yachts for their helicopters. We need more reasonable leaders like this. Your purchasing power is powerful. Comment below with other companies that are being reasonable with pay transparency or policies/practices for their employees to make at least a living wage. #livingwage #paytransparency #outlier #reasonableleadership #wagegap #paygap #ceopay
Let's talk about Dr. Bronner's 5-to-1 salary cap.
Dr. Bronner's 5-to-1 Salary Cap Explained
To view or add a comment, sign in
-
Have you ever been lowballed after a great interview process? Here are some tips on how to respond. #executiverecruiting #careeradvice #salary #lowballsalary
In today's video, Lindsay Dubbeldee - Managing Director of Accounting & Finance (Minneapolis) will show you how to confidently handle a lowball salary offer, from what to say when faced with a salary that’s less than you deserve or anticipated to how to negotiate like a pro and increase that number. We cover everything you need to know to walk away with the compensation you’re worth. #salary #executiverecruiting #careeradvice
To view or add a comment, sign in
-
🤫Psst…. Wanna know a secret? 🤫 State and local governments are cracking down on employers asking for your salary history! 🚫💰 That's right! They're saying "🙅♀️" to pay discrimination and ensuring you get paid what you're WORTH. Some laws even go further: 💰 Employers can't use your past salary to lowball you (even if you accidentally spill the beans!). 🗣️ You can chat with your coworkers about pay without fear of getting in trouble. Know your rights and get those 🪙🪙🪙! 👇🏾👇🏾 Have YOU ever been given a lowball offer in the past based on your previous salary? 👇🏾👇🏾 #paytransparency #equalpay #knowyourworth #salaryhistoryban #fairpay #HRDive #SHRM
To view or add a comment, sign in
-
🤫Psst…. Wanna know a secret? 🤫 State and local governments are cracking down on employers asking for your salary history! 🚫💰 That's right! They're saying "🙅♀️" to pay discrimination and ensuring you get paid what you're WORTH. Some laws even go further: 💰 Employers can't use your past salary to lowball you (even if you accidentally spill the beans!). 🗣️ You can chat with your coworkers about pay without fear of getting in trouble. Know your rights and get those 🪙🪙🪙! 👇🏾👇🏾 Have YOU ever been given a lowball offer in the past based on your previous salary? 👇🏾👇🏾 #paytransparency #equalpay #knowyourworth #salaryhistoryban #fairpay #HRDive #SHRM
To view or add a comment, sign in
-
Wealth and income inequality is one of the root causes of many societal & environmental issues (e.g., reduced socio-economic mobility, health disparities, increased crime rates, decreased trust, political instability, overconsumption, waste, climate change, resource exploitation, human exploitation, just to name a few). Corporate & individual greed is unethical and unsustainable. There's this psychological fallacy that leads individuals who gained wealth to believe they're genuinely entitled to that wealth, even if they didn't earn it or if it's on the back of society (read/watch Capital in the 21st Century by Thomas Piketty, read Christopher Marquis' book The Profiteers, or follow Ingrid Robeyns). This fallacy is hard to break, but Dr. Bronner's executives do it with a 5-to-1 salary cap - They're living proof of sensical, reasonable, ethical leadership. Dr. Bronner's way of doing business is immensely respectable, but it shouldn't even be a voluntary choice. The federal government should cap corporate greed to rein in rampant wealth inequality, because how on earth is it ethical to take (much) more than you need, when others have (much) less than they need? Arguments of "trickle down economics" or that "a wealth cap would stifle innovation" are proven bullshit - Innovation is driven by more than money, and if let's say Bezos' wealth would trickle down to the lowest-paid workers, they wouldn't have to be on food stamps (again: read The Profiteers to learn how society ends up picking up the slack). This is not an argument for a 1-1 pay cap, or not even a 5-1 cap like Dr. Bronner's exemplifies, but even just a 100-1 ratio would already drastically improve society. Currently, the pay ratio at most US companies is closer to 500-to-1, with outliers far exceeding the thousands-to-1. And then we're wondering why most of GenZ can't buy a house, while billionaires ride private jets as if it's a bicycle. TLDR: Dr. Bronner's rocks, and the rest should follow suit.
Let's talk about Dr. Bronner's 5-to-1 salary cap.
Dr. Bronner's 5-to-1 Salary Cap Explained
To view or add a comment, sign in