Tag: employee engagement

IBM: One buzz phrase = 5,000+ layoffs

TalkLikeTheBoss_1_Buzzword_Layoff

4,701 = the number of words in IBM’s (Q4 2014) latest earnings release.

4 = the number of times the business buzz phrase workforce rebalance was used.

5,000 – 10,000 = the estimated number of workers that will get laid-off by a “workforce rebalance.”

In IBM’s latest earnings release, the business buzz phrase workforce rebalancing was used only four times—or less than a tenth of a percent of all words used in the document. And just like that, thousands have/will be kicked to the curb to search for new employment. Some IBM experts claim that this may be the largest layoff in corporate history but most refute that claim and put the number somewhere between five and 15 thousand layoffs of which are still huge numbers! But if you’re anxious to find out the exact number of layoffs, don’t hold your breath. Like many large corporations, IBM is being cryptic on the actual amount of workers they plan to terminate.

Justified? Probably…but it’s all in the way you do it

Don’t get me wrong, I understand that there are valid business reasons why any organization would need to reduce their payroll. However, I find it rather disturbing that this life-altering event is only mentioned four times throughout the entire earnings statement. And worse, this huge round of terminations is referenced inconspicuously behind a generic business buzz phrase called “workforce rebalancing.” And these big companies have the nerve to talk about transparency.

Sure, I get it, it’s an earnings report and therefore the primary focus should be about the company’s financials. But aren’t those workers worthy of more than just a mere 0.08% mention? Why couldn’t the executives use sympathetic and appreciative language to refer to the workers who will be impacted by such an unfortunate event? Or just maybe IBM could have been a little more forward and call this ugly thing exactly what it is—layoffs—and not the more tactful business buzz phrase of “workforce rebalancing” to avoid saying the obvious.

Am I alone in here?
Maybe I am alone in my reasoning but frankly I don’t care. I believe these (soon to be) laid-off workers deserve more from an organization that likely meant so much to these workers’ livelihood. Even if IBM used appreciate language to describe these laid-off workers in their earnings report—will that bring back these jobs? I wouldn’t bet on it…but please don’t miss the point.

Like a funeral, where survivors carefully invoke kind words, and perform thoughtful gestures to properly honor the one they lost—IBM could have used their earnings statement to publicly express sincere gratitude towards these unfortunate folks. At the very least, these workers deserve that small token of dignity.

Because for many of these laid-off workers, this tactfully phrased “workforce rebalance” will feel much like a funeral.

-Steele

 

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Is Your Company Stealing Your Salary?

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Is your company robbing you of the salary you deserve? Possibly.

The one thing I painfully figured out early in my young career is — the method in which companies are able to cheat many of their employees out of the salary they rightfully deserve.

Are you wondering if you’re one of the many victims? Keep on reading because you probably are.

Aside from the most popular method of salary thievery, which is, the initial salary the worker receives upon being hired, the next method of thievery is executed through a series of internal promotions.

So how do they rob me of the salary I deserve?

Companies use the internal promotion, or the practice of hiring an internal candidate for an open role, to secretly whittle away at their employees’ salaries. I painfully uncovered this discreet practice from a personal experience with one of my first employers. And to ensure that I wasn’t being picked-on, I validated my suspicion of this practice by conducting interviews of over 50 professional colleagues from varying years of experience, organizational rank, industries and corporations (and about 50% of them were HR executives).

It works like this; with each internal promotion a worker receives, the company will strategically pay the worker below the market rate, which allows them to save money (an external candidate will more than likely get the market rate). Add up a few of those salary haircuts with each promotion and before you know it, your poor salary could be significantly lower than the going rate for that role (well in the double digits from a percentage stand-point).

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Want REAL Office Transparency? Here is an Idea

TalkLikeTheBoss_Transparency

“O Transparency, Transparency, wherefore art thou Transparency?”

Transparency–yet another flavor of the day concept in modern corporate culture that references an inclusive office environment where leaders actively involve their workers in decisions and initiatives that significantly impacts the organization. Almost all of the HR gurus blab on about the importance of transparency and provide a few tactical ideas to help drive openness in a historically extremely departmentalized system–that is, big corporations.

And it seems that most of the largest corporations are getting in on the action by crafting language and imagery to reflect that of an office culture that is inherently team oriented and open to the opinions of others.

Just spend a few minutes perusing their career pages and you may see verbiage that suggests that authentic transparency is as common as staplers and sticky notes. For instance, here is some verbiage I took the liberty to compile; “the best ideas are encouraged and rewarded, we value thought-leadership, open door policy, extremely team-oriented, the opinions of our associates are priority.”

This is the part of the story where I call “BULL” on the bosses for not practicing what they preach. You see, when I interview workers at many of these “transparent” organizations, the feedback I receive is exactly the opposite of a culture that is transparent. Sure, your workers noticed that you paid big bucks to lower the cubicles walls, install LED light fixtures and declutter meeting spaces to make the office look open. But that’s where the notion of transparency stopped–at mere appearances.

Here are just a few actual quotes from workers of these so-called “transparent” organizations:

“My manager recently had a meeting with the VP about my project and didn’t even bother to invite me.”

“So they would rather pay expensive consultants to tell us the stuff we already knew…if they’d just ask for our input, we could have gotten to the same place much quicker and cheaper. Shows what they think of us.”

“Look Steele, they’re having a meeting to discuss the new value proposition and as always, they didn’t include me. But they’ll be asking for my help when it’s time to implement the whole thing. And they wonder why our EOC scores suck…they don’t care about us!”

And there’s much, much, more. So based on countless interviews, surveys and personal observations, it is no stretch for me to say that there is still a very long road to travel in order to get to the place where workers really feel like they are being included in most matters of the business. To that end, REAL transparency doesn’t exist; it is more like “faux-parency” (yes, I made that up).

But the milk already spilled and the tears of a few million workers dried a long time ago–so let’s move onto something more productive shall we…

A’ha a possible (and bold) solution
I’d like to introduce a program to any organization that has the guts to make valiant efforts to move their work environment to a place of genuine transparency. But let me warn you – if you aren’t really serious about cultivating a culture of true transparency in your workplace, simply direct your cursor to the small “X” in the corner of this window and click. This idea may be too bold to stomach for many.

OK, if you are still with me, good–let me tell you about a policy that you heard here first (I admit, it’s a cheap plug). I simply call it, “The Fly On The Wall Policy,” created with the intent to help remove some of the barriers that keep workers in the dark. Quick Disclaimer–this policy is not a magic bullet that will solve all of the problems associated with the lack of transparency in the office environment…it is just one idea that I believe, if implemented correctly, would show workers that your office is serious about cultivating openness.

The “Fly On The Wall” policy:

1. The What: Workers can politely and quietly invite themselves into any* meeting, in progress or forthcoming, via phone or in-person, to listen, observe and take notes (photography is not permitted, sorry folks).
*Alright, so not every meeting can be attended because of course there are a few (and I do mean a few) that involve an individual’s compensation and/or performance. No need to contribute to the current cesspool of office gossip.

2. Claiming “Fly On The Wall” Status: Think of this as a backstage pass where workers will have the opportunity to walk right into the meeting and simply claim the “Fly On The Wall” status which, should not cause any alarm to the original meeting participants.

3. A Few Ground Rules: To keep things civilized, the “Fly On The Wall” worker cannot talk, ask questions, be disruptive, play on their smartphones or do anything an actual fly on a wall could not do (ever seen a fly check email? I didn’t think so). Be a good insect and sit silently.

  • A) The “Fly On The Wall” worker cannot attend a meeting after 15-minutes has transpired (at least be a timely fly).
  • B) The “Fly On The Wall” worker should make a good-faith effort to notify the meeting organizer in advance where possible. However, this should not be a requirement, just a courteous rule of thumb.
  • C) If a meeting is in progress, the “Fly On The Wall” worker should, upon entry, politely show their handy “Fly On The Wall” badge (without saying a word) and sit in the farthest seat away from the meeting participants to avoid being a distraction.

Again, I am not foolish enough to think that this will solve all of the problems associated with the lack of transparency in the work environment. However, we believe that our “Fly On The Wall” policy will help open some of the doors that once kept workers ignorant of the critical initiatives, events and projects happening around them every day. The feedback and data suggests that workers desire to be included in significant business matters. And of course, the corporate world will get closer to the precious transparency that they all claim to cherish. And ultimately part ways with this “faux-parency” crap that exists in most office environments.

Is there one…just one daring organization out there with the courage to step-up and implement a bold initiative like our “Fly On The Wall” policy? All revolutions began with just one.

Come on bosses; aim for transparency…REAL transparency.

-Steele

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