April 25, 2017

chinese-companiesFor years tech giants like Facebook and Google have tried to set up shop in China only to see their efforts blocked by the country’s restrictive government. In place of these global brands, domestic companies like the search engine Baidu and the social network Weibo have flourished among China’s enormous Internet community. And in an ironic twist, this growing tech sector owes much of its success to the structure and culture of Silicon Valley’s biggest names.

Many Chinese companies are Continue reading

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March 14, 2017

While identifying colors might seem like a simple preschool task to some, it’s a serious job at the Pantone color factory. This company creates color guides that act sort of like dictionaries for artists and designers. In order to create consistent colors every time, Pantone depends on eagle-eyed employees to check for flaws. Along with these dedicated staffers, this video also shows some of the machines used by Pantone to create such vivid hues.

Questions:

 

  1. Why does Pantone require Continue reading
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March 10, 2017

UBS-Reinvents-WorkSpaceOver the years, Silicon Valley startups have become famous for developing open work spaces free of personalized desks or big corner offices. The idea is to allow employees to gather together and collaborate rather than leave them enclosed in their cubicles. While other companies avoided this unconventional approach at first, more firms have switched to open offices as the concept has become more popular. Still, these companies have tended to be smaller operations as many big businesses remained skeptical that Continue reading

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March 9, 2017

SwedishSoftwareCompany-wo-CEOThree years ago, the staff of the Swedish software consulting firm Crisp felt it was time for a change in leadership. The company had been recently experimenting with its upper management structure, going from a standard CEO model to one that replaced the top executive annually through a staff vote. Then, a radical idea took root in the minds of Crisp’s employees. “We said, ‘what if we had nobody as our next CEO – what would that look like?’” said Continue reading

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January 26, 2017

DaveSTo people familiar with sunny Silicon Valley, Finland may seem like a questionable tech hub. But thanks to the telecommunications giant Nokia, for years the snowy Scandinavian nation served as one of the central destinations in Europe for tech workers. Once Nokia began to collapse, however, the fortunes of many Finnish engineers declined as well.

These formerly prominent staffers then signed up for unemployment benefits in the hopes that the tech industry would turn around. When jobs largely failed to Continue reading

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December 15, 2016

KenTeegardinIn 2010 the median salary for the 200 highest-earning executives in the U.S. topped out at nearly $10 million. Just five years later, though, that number doubled to almost $20 million. Meanwhile, researchers at the Economic Policy Institute found that CEOs in 2013 earned more than 300 times the salary of average workers. For comparison, in 1965 chief executives brought in just 20 times more pay than their average employees.

To combat this increasing inequality, last week government administrators in Continue reading

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November 8, 2016

JustgrimesNo matter which candidate you support, it’s safe to say that the 2016 presidential election has been absorbing to watch. According to many executives, however, that’s been a bad thing for business. In a recent study conducted by Bloomberg, more than 500 corporations blamed their poor performances on the presidential race or some form of “political uncertainty.”

In fact, even the NFL claims that obsession with the election has led to a drop in viewership. Ratings for Monday Night Continue reading

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October 21, 2016

PaulBicaThe remote region of Cape Breton in Nova Scotia, Canada, is not known for its bustling population. Just 130,000 people live on the 4,000 square-mile island, with 1,000 others leaving each year for the past two decades. As the population steadily drops, many Cape Breton natives have worried about the future of the island’s tight knit communities. Among these concerned citizens was Jim and Ferne Austin, local entrepreneurs who operated the Farmer’s Daughter Country Market in sleepy Whycocomagh, Nova Scotia, Continue reading

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For more than a century tipping has been the preferred method for American restaurants to pay their servers. The idea is that customers will tip more if they receive good service, thus giving employees incentive to do well. However, the system doesn’t always work out that way. Besides getting outright stiffed by diners, on slow nights servers can earn as little as $2.13 an hour, the legal minimum that tipped employees can be paid. Given these less than ideal outcomes, Continue reading

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February 17, 2016

At big tech companies like Google and Facebook, employees enjoy a range of benefits that have become almost as famous as the companies themselves. From free smoothies and snacks to complimentary massages, these perks are meant to fulfill the basic needs of staffers so that morale and productivity remain high. In fact, tales of these benefits have reached so far that many workers today would prefer them to increased wages. According to a recent survey by job-listings website GlassDoor, 79 Continue reading

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