You just have to go on a journey. Vital lessons every business person needs to learn.
Tag Archive: Jack Welch
Men in merit-based organizations received higher bonuses than women, despite identical job performance evaluations. This bias did not surface in organizations that did not emphasize merit.
By Leah Eichler (Contributing Writer, Femme-O-Nomics)
Imagine a business environment where the best performers garner the highest wages and receive the most appropriate promotions. Sounds like your average, everyday workplace, right? Think again.
The idea that compensation, job allocation and even business opportunities correspond with merit seems almost ubiquitous in the workplace and in an ideal world, it should even out discriminatory practices. In fact, some well-known business leaders tout the meritocracy as the de-facto approach and any discrepancy between men’s and women’s roles and salaries can
“Wake up, Jack! I dare you to attend one of our events and call our members ‘victims’.”
By Marilyn Nagel (CEO, Watermark)
A few weeks ago, a major controversy bloomed over Jack Welch’s comments at The Wall Street Journal’s Women in the Economy Conference. His remarks included the following statements:
- To get ahead, focus laserlike on performance
- Mentoring programs are a bad idea; everyone on staff should be your mentor
- Support groups, such as women’s employee groups, can be likened to “victims’ units,” which the best women tend to avoid
- There is no such thing as work-life balance, there are only work-life choices that have consequences