The spaza sector in South Africa is changing
- To get to the bottom of changes taking place the Sustainable Livelihoods Foundation and PLAAS conducted business censuses and interviews with 1,100 township grocery retailers across all nine provinces of South Africa.
- Rather than being owner operators they tended to work for those who owned the larger upstream wholesale business that supplied their outlets with stocks.
- These conditions clearly violate the country’s labour laws, which stipulated at the time that retail workers must earn at least R3,701 per month for a 45-hour work week.
- Both these developments have forced the township grocery sector into a choice between shutting down or embracing informalist business practices.
- There are potentially thousands of vulnerable spaza shop employees – South African and foreign – who are labouring under conditions clearly proscribed by South African law.
Some Oracle employees plan to walk off the job to protest Larry Ellison’s Trump fundraiser
- Oracle co-founder Larry Ellison’s decision to host a fundraiser for Donald Trump on Wednesday has awakened the usually passive workforce at his company, angering some employees who are going public with their disgust over Ellison’s actions.
- The Oracle employees’ reaction reflects how toxic Trump remains in Silicon Valley — and the ire that top tech executives can draw when they align themselves with the president.
- And it’s revealing that it’s happening at Oracle, which employees say has a conservative culture that has not been touched by the current bouts of workforce activism sweeping major tech companies.
- Oracle employees are also adding the link to the petition in their email signatures and are publicizing it in internal Oracle forums, trying to drum up pressure in a company not known for activism.
We did the math to calculate how many hours it took Bob Iger to make what his workers earned in one year when he ran Disney
- One of the provisions of the post-financial-crisis Dodd-Frank reform bill requires corporations to disclose the ratio of their CEO's pay to that of the median employee at the company.
- Using those pay ratios, we calculated how long it would take the CEOs of big US companies to make what the median employee earned in a year.
- Nvidia CEO Jen-Hsun Huang had a total compensation 88 times larger than the typical employee at his company, meaning it took him a little over four days to earn the median employee's annual salary.
- Meanwhile, Walmart CEO Doug McMillon made 1,076 times what the typical Walmart worker made, and thus earned a median Walmart employee's annual salary in just eight hours.
- Salesforce's other co-CEO Keith Block made $16,961,156 in 2019, meaning it took him 3 days, 6 hours to make what a typical employee did in a year.
Salesforce was named one of the best companies to work for in 2020. Here's how to nail the interviews and land a six-figure job at the software giant.
- Salesforce was just named one of the top companies to work for in 2020 by Fortune – a recognition the enterprise-software giant has also earned in past years that helps significantly when trying to attract new talent.
- Of those 1 million applicants, the company hires only about 10,000 new employees each year across its business units.
- To stand out, potential employees need to focus on the core competencies that Salesforce's best performers exhibit, and embody the four values that Salesforce swears by: trust, innovation, equality, and customer success.
- This year, for example, the company rolled out a voice-assistant on its Einstein AI platform that allows employees to manage tasks like updating customer records conversationally.
- If you are a current or former Salesforce employee who would like to share your experience with the company's hiring process, contact the reporters at [email protected] or [email protected]
Marc Benioff refuses to compromise on company values. Here's how that's turned Salesforce into one of America's happiest companies — and most attractive employers.
- Since founding Salesforce in 1999, now sole CEO Marc Benioff has always made four key values — trust, innovation, equality, and customer success — a centerpiece of the company's culture.
- Salesforce's commitment to values is also why Benioff regularly ranks high on the Harvard Business Review's list of top CEOs, which takes into account environmental, social, and governance criteria.
- According to Jody Kohner, Salesforce's senior vice president of employee engagement, the results of a biannual employee-engagement survey helps the organization identify outstanding managers, or the leaders who hit their business goals and keep their teams excited about the company's mission.
- When Salesforce's top human-resources executives said the organization could have a pay-disparity problem between male and female workers, for example, he quickly launched a top-to-bottom review of salaries that ultimately resulted in spending $10.3 million to adjust employee pay across the enterprise.
How tech workers can power through fear and retaliation to form a union, from the people who banded together to form Kickstarter's union
- In February, employees at the crowdfunding company Kickstarter organized the country's first union of full-time tech workers at a major company in the space.
- At Kickstarter, Leckert and other employees began organizing by having "large and small" conversations in which they shared their concerns and fears regarding the company with each other.
- And because tech workers haven't been on the picket line before, Reckers said, they tend to be scared to have conversations in fear of rustling feathers at the company.
- Reckers said one way to spot an employee who may be interested in organizing is to pay attention to which workers express dissatisfaction at companywide meetings.
- When reaching out to fellow employees, Reckers said to start by building relationships during non-work hours and off company platforms such as Slack or e-mail.
- TWC helps guide rank-and-file tech workers through the labor organizing process through workshops, meetings, and advising.
Jeff Bezos’s first employee: Amazon “scares me”
- In an interview for a new PBS Frontline documentary about Amazon viewed by Recode, which airs February 18, Kaphan said the company’s rise to power has left him conflicted.
- Warren wants to separate Amazon’s retail platform, on which other merchants sell goods, from where Amazon sells its own lines of goods, like AmazonBasics.
- Kaphan’s views, combined with recent comments from Amazon’s second employee, Paul Davis, highlight how some early employees of tech giants are grappling with their roles in birthing companies that have amassed so much power in society today.
- Davis told Recode in December that Amazon’s role as both a retailer and the operator of a retail marketplace on which other merchants sell goods — and Amazon’s access to their data that can be used to compete against them — is unfair.
#todayilearned5 Things I Learned From Tesla’s Anti-Handbook
- Tesla seems ready to change rapidly, and encourage employees to find problems in the company, report them and solve them.
- Anyone at Tesla can and should email or talk to anyone else according to what they think is the fastest way to solve a problem for the benefit of the whole company.
- Tesla wants ambitious and aggressive employees, those who treat work as their own business, but not only a job.
- Finding the fun of working is a high expectation, most people just treat their jobs as a way of making money.
- Telsa gives employees trust and responsibility but does not give them too many chances to do stupid things.
- Create a suitable culture and find the right way of doing things are particularly important for a great company.
- Like many other successful companies, Telsa created its own unique culture and way of doing things.
Buffett on Bernie Sanders: US can do better for those left behind, but cannot kill capitalism
- Berkshire Hathaway chief Warren Buffett said Monday that while he sympathizes with Sen. Bernie Sanders' motivation to ensure that no working American should have to struggle to provide for their children, he doesn't believe canceling capitalism is the best way to correct issues like income inequality.
- Sanders, who has claimed early victories in Democratic voting in Iowa, New Hampshire and Nevada, is a self-described democratic socialist and advocates for a number of reforms such as guaranteed employee representation on corporate boards and higher minimum wages.
- Asked by CNBC's Becky Quick what he makes of Sanders's success thus far, Buffett said he's still in wait-and-see mode.
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Can employees save big tech from itself?
- Last week, an unknown number of Oracle employees walked off the job, alarmed that the company's co-founder and executive chairman, Larry Ellison, was cosying up too much to the man ultimately in charge of all US regulators, President Donald Trump.
- Google's employee activism problems are a little more endemic than Oracle's, at least in part because many of its staff joined the company before it abandoned its morals and changed its company motto from "Don't be evil" to "Do the right thing" – a slogan that could be asking anything of its employees, including that they crack down on would-be activists and union organisers (which they have been doing dutifully), or that they throw their litter in the bins provided.