Expert Perspective
by Michael Dennis Graham
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August 17th, 2010
Expert Perspective: Health Care Reform
Since late March of this year when the Health Care reform bill because law Americans have been wondering just who will be the winners and who will be the losers from this “sweeping piece of social legislation.” (Time Magazine, March 23, 2010). In his recent article for Heath Care Reform Magazine The Winners & Losers of Healthcare Reform Steve Karp begins to help us understand the answer to this question. Read Steve’s article to find out where you and me along with American businesses, politicians, and the health care industry fall in the “win and lose” columns.
Continue reading “The Winners & Losers of Healthcare Reform—a Preliminary View by Steve Karp” »
Filed under: Expert Perspective
Tags: Health Care Reform
Expert Perspective - Rewards
by Michael Dennis Graham
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August 17th, 2010
Expert Perspective by Grahall’s OmniMedia Editorial Board
In Scott Wilson’s August 4, 2010 article in the Washington Post (Obama orders freeze on bonuses, monetary rewards for federal political appointees) he says: “President Obama ordered a freeze Tuesday on all bonuses and other monetary awards to federal political appointees…White House officials estimate that 2,900 employees will be affected by the order, which is projected to save the
government $1.9 million a year. “
Clearly this is a symbolic gesture on the part of President Obama and we wonder how much it “cost” the country to have him and his staff deliberate, decide and communicate this change which is insignificant not only to the country as a whole but likely to the appointees.
Continue reading “Too little of a good thing” »
Filed under: Expert Perspective - Rewards
Tags: federal appointee bonuses
Expert Perspective - Rewards
by William Byrnes
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August 17th, 2010
Expert Perspective from Grahall’s OmniMedia Editorial Board
Jeffrey Phillips raises some interesting issues in his August 5, 2010 blog “How Compensation Models Work Against Innovation” asking “… why innovation seems to be so beneficial on its face and yet so difficult to accomplish.” He goes on to claim that “We exchange our labor, our thoughts and insights and our management skills for a paycheck.” And he blames “… very small but very powerful disincentive[s] to innovate, buried in how we compensate our teams…”
Wow, that is pretty harsh and flawed thinking. We believe there are many more reasons that individuals work and work hard than just for a paycheck, although obviously it is a compelling incentive. Barriers to innovation won’t be leveled by simply changing compensation programs. The issues obstructing innovation run much deeper than that.
Continue reading “It’s Too Easy to Blame Compensation for Every Business Problem” »
Filed under: Expert Perspective - Rewards
Tags: Business Strategy, compensation strategy, People Strategy
Expert Perspective - Rewards
by Garry Rogers
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August 17th, 2010
Expert Perspective by Grahall’s OmniMedia Editorial Board
AP technology writers Jordan Robertson and Rachel Metz, penned an article on August 7, 2010 (Disgraced HP CEO to get about $28m in cash, stock) about Mark Hurd, the once acclaimed CEO of HP who while negotiating a $100 million three year contract with HP proved to be much less ‘smarter than the average bear’ by falsifying “… expense reports and other documents to conceal a relationship with a contractor.” It is hard to imagine that a company with a squeaky clean image like HP would tolerate such a blatant dishonesty, even if the guy may be worth upwards of $10 billion in market value to the company. (HP’s franchise value of about $100 billion, as measured by market capitalization, dropped 10% on the news of Hurd’s abrupt departure. According to the article “HP’s shares, which closed Friday on the New York Stock Exchange at $46.30, tumbled 9.7 percent after hours to $41.85 as investors reacted to the news released after the close of markets.” The stock price has not recovered as of August 10, 2010.)
Continue reading “The Hurd Locker Revisited” »
Filed under: Expert Perspective - Rewards
Tags: ceo contracts, severence payments
