Originally posted September 2010. The king is dead. Long live the king.On Monday, June 1, 2010 GM filed for bankruptcy. The company was founded in 1908, and acquired Olds Motor Company. Olds Motor Company produced its first automobile in 1897, which gives GM well over 100 years in the auto industry. Throughout this period, GM...
Originally published August 2015. Catch up on the in-depth discussion pertaining to the Wealth and Income Gap. ! Michael Dennis Graham has completed his series of articles on that subject. In his series he examines the implications of the wealth and income gaps for people and the organizations that employ them.In his first article published...
Originally published in the May 2015 issue of PSX: the People Exchange eMagazine. This is the first in a series of articles on the subject of the gaps in wealth and income and the implications for people and the organizations that employ them. This month, we will start with a discussion on why it happened,...
Originally published in the September 2014 issue of PSX: The Exchange for People Strategy. Fewer than one in five companies say that its compensation, benefits, and rewards programs are meeting their objectives, according to research conducted by Grahall LLC. The not-surprising result: instead of motivating employees, the majority of rewards plans are ineffective and often...
Originally posted May 2009. The SHRM article titled “Milestone: Most Fortune 100 Firms Offer Only 401(k)s to Salaried New Hires“, shares that for the first time more than half (that would be 55) of the Fortune 100 companies offer only 401(k) plans to newly hired salaried workers. The only thing that surprises us about this...
A Wall Street Journal News Alert published May 20, 2009 titled “U.S. to Inject More Than $7 Billion Into GMAC, May Become Majority Owner” got me thinking about socialism in America and its history in the arena of employee benefits. Back in the early 1970’s (1974 specifically), the government passed legislation called ERISA (Employee Retirement...
