I was recently interviewed by AdvisorHub, a popular wealth management news source, to discuss the news that as of today, Wells Fargo Advisors will start telling customers of its private client group, that they can prevent their brokers from taking their contact information with them should the advisor leave the firm. » Read More
Sometimes the most obvious steps to minimize the risk of adverse employment decisions are disregarded. Critical to avoiding making matters worse when disciplining an employee for some form of misconduct or failure in performance, up to and including termination is to DOCUMENT, DOCUMENT, DOCUMENT. » Read More
In “New Meeting Rules: Five Minutes, Max” featured in today’s The Wall Street Journal (page A11), Sue Shellenbarger describes a new trend in meetings — short, short, short, limiting participants to speaking no more than 5 to 15 minutes. While efficiency can certainly be maximized by keeping the long-winded employee in check, if good ideas are presented at these abbreviated sessions, hopefully the deliberative process will not be forfeited to restricted time blocks. » Read More
The tide may be turning away from remote work arrangements, such that companies are seeking enhanced control over the workday, including direct contact with and by employees. The change will be good for some companies but not necessarily for all, depending upon the nature of the business. » Read More
I was recently interviewed by Ladders, a media publication covering workforce issues, regarding yet another case involving social media and employment.
The article discusses how a former employee of a global recruiting and staffing company was forced to remove thousands of her LinkedIn contacts because the company claimed the relationships didn’t belong to her, but the company. » Read More
Our firm is a sponsor of RegentAtlantic’s Wall Street Women Forum to be held on April 26 in New York.
I will be attending and am looking forward to the event, which will “address career and personal issues in the face of the rapidly changing landscape of the industry.” For more information on the upcoming event, you may visit RegentAtlantic.com. » Read More
With news of Morgan Stanley’s plans to make significant cuts in its debt and currencies ranks across all offices (Wall Street Journal, December 1, 2015, page C1), the importance of having your “employment disaster recovery bag” at the ready is highlighted. » Read More
As the official days of summer wind down and Labor Day weekend approaches, many other transitions will be under way. We are anticipating the reopening of schools, resumption of college and graduate classes, more traffic and new traffic patterns, and businesses focusing on the approaching fourth quarter. » Read More
The Wall Street Journal reported that thousands more banking and trading jobs will be cut. Some firms plan to cut experienced employees and replace them with more junior folks and utilize “campus hiring.” This is interesting. To save on expenses, the bank will eliminate more experienced employees, while keeping younger, less experienced, and, without question, less efficient employees. » Read More
In Part I and II, I discussed getting an employment agreement in writing, understanding the salary component, and details of the equity. The next critical step to take in the negotiation of an employment package is:
- Don’t Forget the Fringe Benefits.
» Read More