Sunday reading for 11.16.2014.
1. Tony Bergmann-Porter, Principal and Owner of Compensation Consulting firm Yale Associates LLC, has a great post up on Compensation Cafe wherein he postulates about the future of total rewards in the U.S. He has some bold ideas, including a hypothesis that pay in the private sector will flatten over time, resembling the federal government’s GS schedule. The implications for what this would mean as it concerns identifying new ways to recognize and reward top performers are intriguing, to say the least. To learn more about them (and for some fascinating companion pieces examing the effects of pay transparency) check the full article out here.
2. Linkedin Influencer and Partner at Upfront Ventures Mark Suster has a great post up on Linkedin outlining the role he believes that investors should play in creating funding opportunities for start-ups outside of communities like Silicon Valley. He writes about the transformative effect investors can have on their communities when they invest locally… and the migration of top talent and jobs that takes place when they don’t do so. This piece is a great window into the long-term potential for economic growth that exists in communities throughout the U.S. if only more investors choose to give back to the places that helped them cultivate the skill sets when they were young. It’s a thought provoking piece, and I recommend you check it out here.
3. In our careers most of us will work for a boss/company that just isn’t the right fit. Sometimes these fit issues are rooted in broad-based cultural differences, while other times they are simply the product of who we (or the people we work with/for) are at a particular moment in time. Regardless, when we find ourselves in such situations we can either (i) quit, (ii), wait to be fired, or (iii) move forward with a third option that HR guru Liz Ryan espouses in a new Linkedin post here… which is to work with your manager on an exit strategy. There is of course a fourth option Liz doesn’t talk about (that being to quietly look for another job and hope to find one before your current employment is terminated), but I think option three results in the best outcome for everyone involved when utilized correctly. Again, read more about it here.
As always, please share your thoughts in the comments section below.