Edmund Phelps, a Nobel prize winner in Economics and director of Columbia University’s Center on Capitalism and Society, has found that pride in job is more common in the US, and apart from salary, makes a job satisfying. US Way Out Front in Job Satisfaction
James Surowiecki is one of the most prescient writers on economics today. He reports that recent protests in the fast food industry come from workers who are overqualified and for whom there are no suitable jobs. Certainly an argument can be made that your traditional fast food and Walmart employee is in a starter job which they can leap ahead from when the opportunity arises. Pay in Fast Food Chains
The figures are difficult to read, but they add up to the same conclusion as the jobs situation in the US. There are not enough jobs for qualified people in the mid-range of non-technological industries. Jobs, Jobs, Jobs
A new study shows that the number of women on Wall Street is falling. The finance industry’s culture remains a problem.
Over the past year, a handful of prominent women have helped reinvigorate the conversation about their gender’s collective ascent within the workforce. Former director of policy planning at the U.S. State Department Anne-Marie Slaughter touched off the debate in June 2012 in her Atlantic article, “Why Women Still Can’t Have It All.” Last fall, journalist Hanna Rosin took the other side in her book The End of Men: And the Rise of Women, built on the optimistic premise that women’s increasingly dominant role within the global economy is all but assured. This March, Facebook COO Sheryl Sandberg gave her views on modern workplace feminism in Lean In: Women, Work, and the Will to Lead, advising women on how best to climb the corporate ladder….
Number of Women in Finance Declines
“I don’t think they were thinking of making history, just that it was a nice name,” Echevarria said. “But apparently there was a bar that was called the same, Zorba, like two blocks away, and the owner of the bar came and said, ‘This is going to confuse things to have two Zorbas.’ They had already made the molds for the letters in the sign, so they just rearranged them to see what they could find. They found Zara.”
And what a good find it was. Short, sweet, rolls off the tongue. Just like Sara, but less common, more pizazzzzz. And nothing like some British royalty to up the ante. The birth in 1981 of Zara Phillips, a granddaughter of Queen Elizabeth II, probably wasn’t bad for sales. Nor is Kate Middleton’s flair for weaing the fashionable yet affordable brand. Mera of Zara Dies
The funds, which include Elliott International LP and Perry Partners LP, are suing Porsche for 1.81 billion euros ($2.4 billion) over claims it manipulated Volkswagen shares by denying interest in a deal before it made a bid. After other investors lost two similar claims at a German tribunal last year, the funds added antitrust claims against Porsche to their suit, forcing a move to a court that specializes in cartel suits. Court Jumping for A Good Decision
It is when you take your passion and your deep knowledge and create a business that you are often successful. The locker room is a new jumping off point for women entrepreneurs. Women Start Up Sports’ Businesses
For many years the road network connecting Nairobi and Thika,an industrial town about 40km north-east of the Kenyan capital was known for notorious traffic snarl ups. Businesses avoided that part of town and land prices stagnated. Despite this, one man held onto his property along the route. Gerald Taylor, managing director of Willmary Development, says his family kept the land his grandfather bought in Kenya in the 1930s because it didn’t make sense to sell. His gut instinct proved correct. For Entrepreneurs, Timing Is Crucial
Although doing business on the continent is challenging, Sarah Russell said that starting a business in Africa “is worth a shot. This really is a land of opportunity in terms of business. If you can find something unique and something that is missing from the market and you are willing to put in the hard work, then go for it,” said Russell. Africa the New Frontier
“I was always focused on negotiating for my team but never as good at negotiating for myself,” said Dawn Lepore, the former chief executive officer at Drugstore.com and former vice chairman of Charles Schwab Corp. who’s now a director at AOL Inc. and TJX Cos. “When I think about the way I negotiated my package when I went to Drugstore.com, I thought ‘this is a great opportunity and rather than demand a lot upfront, I’m going to do a great job and then I’ll get rewarded.’ I didn’t want to be greedy, or viewed as out for myself. Maybe women are more collaborative.” In the US the Gender Gap in Wages is Real
