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CEO of Gravity Payments wants well-being for all; He raised all salaries to $70k/yr.
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CEO of Gravity Payments wants well-being for all; He raised all salaries to $70k/yr.

"The idea began percolating, said Dan Price, the founder of Gravity Payments, after he read an article on happiness. It showed that, for people who earn less than about $70,000, extra money makes a big difference in their lives."

Source: mobile.nytimes.com

And here's the best part, he's funding the move by cutting his own salary to $70k. Turns out, research shows that person's emotional well-being increases with income, but only to a point. This CEO wants to get his people to that point.


Want to ramp up your internal innovation? Check out how these companies do it.
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Want to ramp up your internal innovation? Check out how these companies do it.

For the past few weeks I have been exploring some themes around innovation (in the post for why failure is a competitive advantage and the post that talks about how to turn failure into a competitive advantage), and I wanted to continue on that track by highlighting a few examples of companies that have internal …

Source: www.thefutureorganization.com

Some great examples of how companies are fostering innovation: AT&T, Adobe, LinkedIn, Whirlpool, Ericsson. 


Tips for an Effective Flexible Work Policy
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Tips for an Effective Flexible Work Policy

"Flexible work arrangements are often ad hoc, either implemented by an employee on his or her own with no agreement by the employer, or produced by a secret deal between an employee and supervisor.  This can create problems for the employer"...

Source: www.workforce21c.com

As I've said before, companies that allow flexibility to happen ad hoc not only miss out on the benefits, they open themselves up to law suits. This article offers a few tips to guide you in developing your policy.


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