The tech company Basecamp has a mostly remote staff of less than 60 people. But even its headquarters aren’t in Silicon Valley; Basecamp is in Chicago. Which is why it was a bold move earlier this month when cofounder and CTO David Heinemeier Hansson announced in a blog post that the company is paying its workers according to San Francisco’s labor market. advertisement advertisement Since their employees are scattered all over the globe, it wasn’t clear what the cost of living benchmark should be. According to Heinemeier Hansson, “It started to increasingly seem like an arbitrary choice, and if we were going to make one such, why not go for the best and the top?” So as of January 1, Basecamp employees will receive a salary reflective of the top 10% of what software companies are paying in San Francisco (compared to base pay plus bonus, but not options). They also offer some amazing benefits. ( Put your resumes away, … [Read more...] about Could Paying Top Dollar For Staff Be Worse For The Labor Market?
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For a brief period in the late 1990s, it was one of the busiest categories in book publishing. advertisement advertisement As the decade wound down, more and more people became agitated about the Y2K bug—also known as the millennium bug and the year 2000 problem–which stemmed from programmers having conserved precious bytes by storing years as two digits. (For instance, “80” instead of “1980.”) When 1999 turned into 2000, aging software reliant on such space-saving dates wouldn’t be able to tell the new year from 1900. And that raised the specter of much of the code that ran the world failing—possibly, the theory went, in disastrous ways. Power grids might be knocked out. Banks could fail. Food shortages and mass unemployment might lead to riots. Any semblance of normalcy could take years to return. Enter a profusion of books dedicated to helping people plan for this techno-doomsday. They had scary titles like Time Bomb 2000 and … [Read more...] about The weird, wonderful world of Y2K survival guides: A look back
Are we finally creating a kinder, gentler workplace? We’ve certainly seen a number of positive signs over the past decade. A greater emphasis on culture, for instance, has set the stage for higher job satisfaction. advertisement advertisement The biggest trends we’ve seen in the workplace have come about due to changes in the economic environment, says Michelle Armer, chief people officer at CareerBuilder. “In the years immediately following the recession until now, where we’ve seen steadily low unemployment, companies began to recruit and think about their employees in a different way, putting more of an emphasis on the workplace experience than before,” she says. Here are six that have us feeling hopeful for the next decade: 1. More opportunities for flexible work Technology has allowed employees to ditch the 9-to-5 format in exchange for flexible arrangements, both in hours and location. “Companies are demonstrating that they understand … [Read more...] about These are the workplace trends that give us hope
Captain Virat Kohli along with his dynamic opening duo of Rohit Sharma and KL Rahul have been in imperious form off late as they showed in the T20I series where they tormented the West Indies attack. Now the lethal trio will train their guns once again on the Windies as the two sides square off in a three-match ODI rubber starting on December 15 in Chennai .The no. 2 ranked ODI squad on the ICC rankings will be looking for their 10th straight bilateral ODI series win against their Caribbean counterparts who are way down in the rankings on 9th spot.However, India will be wary of the weather playing spoilsport with rains hitting the MA Chidambaram Stadium in the last 24 hours.Close Where to watch: The match starts 1.30 PM IST. It will be broadcast live on Star Sports 1 and Star Sports 1 HD. Online viewers can catch the action on Hotstar. related news On the Ball podcast | IND vs WI ODI series preview: India way too strong for West Indies, will pick up a 3-0 … [Read more...] about India vs West Indies 1st ODI preview: Where to watch, team news, possible XI and betting odds