If CEO pay were based on a company’s financial performance, pay packages would look much different. But shareholders keep approving big raises.
In 2019, the average top CEO’s pay increased 14% from 2018 to $21.3 million. Sundar Pichai, the CEO of Google’s parent company, Alphabet, earned $280,621,552 in total compensation—more than 1,000 times the income of a median company employee.Read Full Story
The pandemic-driven shift to remote work has companies scrambling for innovative ways to stay connected.
We live in a whirlwind of information. We’re all consuming media minute to minute in ways we could never imagine just five years ago. New social media platforms like TikTok have us laughing and dancing, and we watch breaking news live as events unfold as if we were there. Yes, we live much of our lives online, and with the pandemic plunging us into a work-from-home future, our workplace too has suddenly gone digital.Read Full Story
Mr. Potato Head can now marry another Mr. Potato Head.
This fall, you’re cordially invited to Mr. Potato Head’s wedding. He’s marrying his partner of many years, another Mr. Potato Head. And I promise it’s going to be the party of the year, with—you guessed it—plenty of spuds on the menu.Read Full Story
The massive cyberattack on U.S. government agencies and corporations took advantage of the fact that the public and private sectors can’t easily share threat information.
The SolarWinds cyberattack on U.S. government agencies and private organizations was and is frightening in its scale and success. It proved no match for the government agencies charged with defending against such things, and brought into sharp focus the fact that the government’s current model for responding to cyberthreats is lacking.Read Full Story
The stock more than doubled yesterday—the question is, “why?”
For those thinking the GameStop (GME) stock surge was over, think again. GameStop shares have had an incredible 24 hours. Yesterday the stock surged over 103% to $91.71 per share. Will that doubling happen again today? You never know, but things are moving in that direction. As of the time of this writing GameStop shares are up 83% in pre-market trading.Read Full Story
One suggestion: Make it even more utilitarian.
The United States Postal Service, beloved for its adorable dog costumes, beautifully designed stamps, and being an American tradition, is redesigning its iconic mail delivery trucks.Read Full Story
Even if it’s not totally honest, lots of people alter a detail or two on their résumé. But what’s the potential impact?
The truth is out: A 2020 ResumeLab study shows that a majority of job seekers fudge a detail or two on their résumés. Thirty-six percent of those surveyed confess to outright lying, and still others admitted to stretching the truth, bringing the grand total of résumé fraudsters to 56%.Read Full Story
It’s part of a new program to build wealth for low-income kids across New York City—with a little help from their communities.
In 1949, when she was 14 years old, Claudia Coger dropped out of high school. Despite being an A+ student and having skipped two grades, she knew that college was out of reach—she was the second of 10 kids, growing up in Sumter County, Florida, and there was no indication, she says, that scholarships would be available to her. It’s a reality for too many kids: Students from low-income families are 2.4 times more likely to drop out of high school than those from middle-income families, and 10 times more likely than students from high-income families, which affects how much they can earn out of school and contributes to the racial wealth gap.Read Full Story
Whether it’s their work or producing someone else’s through their company AGBO, Joe and Anthony Russo have made it their mission to disrupt storytelling.
Listen to the latest episode of Fast Company’s podcast Creative Conversation on Apple Podcasts, Spotify, RadioPublic, Google Podcasts, or Stitcher.Read Full Story