| Topic Name: |
How Are We Profitable? |
| Message Name: |
Aon - ? (cont.) |
| Date Posted: |
01/13/2006 |
| In Reply To: |
Aon was "indelicate" by telling them that the British Airways was delaying the inevitable collapse-by-pension by not declaring bankruptcy?
I think that the rank-and-file would have rather enjoyed a little indelicacy by management.
Continuing to spout BS to your employees and insulting their intelligence is a Ponzi scheme. It will eventually cave in on itself.
While pretty out there by today's norms, telling your employees things such as:
1. Yes, we are IPO'ing in part to cash in on the risks that we, as owners, took with OUR money. You, taking no risk, will get some shares. Enjoy.
rather than:
1. Issuing stock will allow us to deal in a new currency to engage in joint ventures that would otherwise not be possible.
or:
2. We will NEVER take away free lunch.
rather than:
2. Some day it's conceivable that we might be in a position where taking away free lunch is what we do.
or (my personal favorite):
3. 3.1% of the first 90,000 of your gross salary is paid on your behalf for social security by Hewitt and will be included in "Your Total Compensation" statement.
instead of:
3. No freaking mention of it at all. It's the damn law people. Same as unemployment insurance and workers' compensation. Maybe those crossed the line. "Hewitt Associates pays $0.50 per $100 of payroll on your behalf so an insurance company will pay you if break your neck sliding on a slippery floor."
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| Message: |
By telling your employees the truth, hard as it may be, you may get a little more out of them and they might respect you in the morning.
And they might stay off these boards.
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