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ryan606

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Managing Principal of Sheffield Barry: Executive Compensation and HR Consulting. Husband. Dad. Cook. Domestic Chauffeur. Political Junkie. Aspiring Darts Player. www.SheffieldBarry.com

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Very sad. Bourdain seemed like one of the few on TV who didn't take himself too seriously. I can't think of too many people who didn't like him or enjoy his show.

Stories like these are the reason that much of the public hates unions -- especially public sector unions and unions employed/contracted on public sector projects. If public sector unions negotiated work rules and compensation that were more in line with the private sector, I suspect that their public image would benefit tremendously.

"The other issue I see is that for some reason Houston didn't require all of these people to have flood insurance."

Banks require homeowners in flood plains with mortgages to maintain flood insurance. The problem is if you don't have a mortgage, you don't necessarily need insurance. However, perpetual Federal Government bailouts of homeowners creates moral hazard, and the expectation that Government will make you whole regardless of insurance, and thus bigger risks for all.

I was able to quit my 1/2 pack a day addiction four years ago after 15+ years, but it was challenging. Smoking was expensive (four years ago: 4 packs a week = $40), but quitting smoking was even more expensive. In addition to the expense of Chantix, I also started surfing Amazon for things to reward myself instead of going outside for a smoke break. So it was probably $100 - $200 a week. Now nicotine-free for 4+ years, it's less costly all around (not to mention the health costs), but I understand all too well the difficulty and economics of quitting.

The baby boom generation, as well as the "Greatest" generation before them, have saddled our future generations with huge liabilities. Sadly, not every younger Gen X'er, Gen Y'er, Millennial, or Gen Z'er realizes the magnitude of the debt left behind -- and more importantly that it reflects future tax increases or government services that won't be able to be provided. The only hope is that the current generations will have accumulated enough personal assets to pass along to their kids and grandkids to offset some of this deficit.

Options vs. Cash 9 years ago

Exactly. Over time, companies will try (or at least, SHOULD try) to optimize the currency they use to deliver their total reward offering. Whether it is cash, equity, PTO, health/retirement benefits, learning, etc., companies should optimize the use a particular currency if the perceived value of such currency exceeds its economic value.

United CEO Oscar Munoz was formerly a top executive at railroad CSX. It is any wonder that he treats his passengers as FREIGHT, not as PEOPLE?

My wife and I try to fly Southwest whenever possible. They are the only airline (perhaps the only transportation organization) whose employees actually care about their customers' travel experiences.

I seem to recall a Freakonomics chapter or podcast episode that discussed drunk driving vs. walking home drunk, and concluded that walking home drunk was even more dangerous than driving home drunk. Either choice is much worse than ride-sharing or cabbing or public transit, obviously.

Company managers have a responsibility to consider numerous factors when designing a total rewards strategy (pay + benefits + career opportunities/work environment). Among these is to deliver rewards using as efficient a currency as possible. When the perceived value of a pay element (or benefit program or perquisite) exceeds the economic value, then a company should deliver more of the total reward opportunity using such currency. Many companies have determined that perquisites are valued more highly by employees than the economic cost to deliver such perks. (Same for the perceived value vs. economic value of equity compensation.) By "underweighting" employee benefits, perhaps companies are actually choosing to deliver their total reward opportunity more efficiently than those companies which have more "market competitive" benefit programs. Differentiation of HR strategy is not automatically wrong.

Because recreational use of alcohol and drugs is just as big a threat to society as violent crime? Why not prioritize Justice Department resources on the 760 annual murders or the 4,500 other victims of gun crime in Chicago that Comrade President Trump mentions every other week?

I think one of the key takeaways from Tuesday: Trump won in spite of what was widely regarded as a NON-EXISTENT ground game. I did not vote for either Trump or Hillary, but I was pretty confident that Hillary would win due merely to the fact that she had a much much stronger campaign organization in swing states. Perhaps ground game, grassroots field offices, and voter databases don't matter as much as everyone thought they did prior to Tuesday.

The problem of "not enough feedback" is far more pervasive than that of "too much feedback". However, most companies that try to resolve this issue try a One Size Fits All approach for all employees, rather than customizing the feedback solution. Different groups of employees need different frequency and intensity of feedback: client-facing employees typically benefit from more feedback than engineers.

Security has been privatized at a few airports, like San Francisco and Kansas City. How does security screening effectiveness, efficiency, and cost compare at those two airports relative to all other TSA-operated US airport security? I haven't seen any side by side comparisons -- does anyone know if any reputable journalists or researchers have tried to compare?

Every journalist who reports on what they believe to be excessive executive compensation (or even what they believe to be shareholder-friendly pay) should be clearly identifying (a) the members and Chair of the Board's Compensation Committee, and (b) the Board's Compensation Consultant. Although the whole Board is responsible for CEO pay, the Compensation Committee and the Board's compensation consultant are primarily decision-makers and influencers, respectively.

In Yahoo's case, Maynard Webb, Jr. is Chairman of the Board and member of the Compensation Committee. Jane Shaw (Intel) is Chair of the Compensation Committee. And Fred Cook is the Board's Compensation Consultant. Regardless of whether you think her package excessive or reasonable, these are the people who ought to receive credit or blame.

I love NPR, but I'm embarrassed to admit that I don't support my local station financially. We were subscribers up until the flap with Juan Williams, who I continue to believe was wrongly terminated from NPR.

NPR's news reporting and insight is as good as any broadcast network, even if they're a bit left.

If Snowden's allegations are true, then it seems pretty clear that the FBI already has all information they claim they need, and doesn't need Apple's help. Rather, this seems to be a "land grab" by the DOJ/BHO Administration to secure government access to all communication devices, all in the name of "National Security". Not unlike the 2001 Patriot Act. Very sad.

So was Lars Dalgaard from A16Z pushing Zenefits to grow faster, or more methodically? This article makes it seem like he was trying to have it both ways, or maybe it was just Lars trying an after-the-truth comes out CYA?

There would be no shortage of water if it was priced correctly. Instead, nonsensical "water rights" contribute to less-than-optimal uses (like growing rice in the California desert, or water-hogging almond trees) and shortages for those who need it.