Gristina reportedly ran a top-shelf operation, carefully choosing her stable of women and screening potential clients…the married mother of four took just a 40% cut of her employees’ billings during her 15 years in business — well below the industry standard 50-50 split with working girls, say sources. The madam’s generosity was one of the things that escort Lizzie most appreciated from her 44-year-old boss. [NYDN, Earlier: I’m a CEO, I’m building an empire]
The good news, if you’re the boss, is only 11 percent of employees polled would dare to make good on threats to quit without having something else lined up. [FINS]
Is your boss the type to JUST BLATHER ON as though anyone gives a shit re: what he has to say because what? His name/initials are on the door? As you can’t very well just get up and leave or whip out the wrap it up box, you’re probably looking for new and inventive ways to describe his painful monologues/speeches to your colleagues and friends. To that end, might we suggest “ball-achingly indulgent”? Read more »
Astounding Research Reveals Highly Compensated Bosses May Not Give Rat’s Ass About Their Organization’s PeonsBy Bess Levin
According to a new study, a high salary may actually make your company’s CEO meaner. In the study’s white paper, “When Executives Rake in Millions: Meanness in Organizations,” professors from Harvard, Rice and the University of Utah argue that rising income inequality between executives and ordinary workers results in “power asymmetries in the workplace such that top executives come to view lower level workers as dispensable objects not worthy of human dignity.” [HP via HNM] Read more »
Lars Dalgaard (pictured) used to act like a jerk at work. As a young manager rising through the ranks years ago at a consumer-products company, he was so brutally blunt with subordinates that a coach pulled him aside and told him to be more considerate, says Mr. Dalgaard, founder and chief executive of SuccessFactors, a San Mateo, Calif.-based software company. He has since realized that an old family pattern was at work, he says. His father was so tough and blunt with him when he was small that he was behaving the same way with others, trying to be “the hero CEO, the Rambo” who ignored people’s feelings. Now that he is conscious of the problem, he says he has changed his ways. He has even instituted a “no-jerks” policy at his company, banning similar behavior by others.