How will Holmes' conviction affect other founders? | Employers aim for $15-an-hour wage to stay competitive | EEOC to require race, sex data from some employers
Theranos founder Elizabeth Holmes' fraud conviction raises the question of whether other startup founders will learn from Holmes' experience. The jury's verdict "will send a message to CEOs that there are consequences in overstepping the bounds," said Ellen Kreitzberg, a Santa Clara University law professor who observed the trial. Full Story: The Associated Press (1/4),Reuters (1/4)
Recruiting & Retention
Employers aim for $15-an-hour wage to stay competitive As activists and anti-poverty advocates are pressing for worker pay to increase to at least $15 an hour because of rising inflation, many employers already are raising hourly wages. Fifteen dollars "has always been the floor, not the ceiling, for wages -- and working people will continue to demand lawmakers and employers increase pay to keep up with the rising cost of living and ensure that every community can thrive," said Allynn Umel, campaign director for the Fight for $15 and a Union. Full Story: CNBC (12/29)
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Strategies for Success from TrainingMag.com
What do hormones have to do with employee development? A basic understanding of neuroscience and the way hormones affect people's reactions can help leaders to coach and develop employees more effectively to achieve mutually desirable objectives, Ron Karr writes. Karr explains how sincere empathy can trigger hormones that help to spur trust and motivation. Full Story: Training magazine (1/3)
Benefits & Compensation
Lost work time weighs heavily on employers in pandemic A report from the Integrated Benefits Institute says that employee absenteeism because of COVID-19 is costing employers nearly $1 billion per week, including disability payments and insurance, sick leave pay and employee benefits. States experiencing the highest costs because of lost work are California, Texas and New York. Full Story: BenefitsPRO (free registration) (12/29)
The HR Leader
Be a better leader by embracing 3 traits Excellent leaders find ways to say "yes," complete their goals and learn even more, writes Dan Rockwell. "Starting things is a distraction when you aren't committed to finish stuff," Rockwell notes. Full Story: Leadership Freak (1/3)
About the Editor
Kanoe Namahoe
Anyone else follow the Elizabeth Holmes trial? I’ve been fascinated with this case since I first heard about it a few years back. I remember feeling sick about the way Holmes and other company leaders handled the concerns expressed by employees and scientists who were responsible for testing the devices. Was this ignorance -- or arrogance? Maybe both. But as I read about how Holmes was found guilty on Monday, I couldn’t help but wonder if she really understood the gravity of her actions -- if she felt any real remorse for the devastation she caused with her greed. Others are wondering how her convictions could affect the culture of Silicon Valley. Will it drive a new sense of conscience in this hub of innovation? Call me a pessimist, but I don't know how much faith I have in companies choosing what's right over what's profitable. What are your thoughts? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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