Word: talentedly
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...Goldman Sachs and our own mother ship, Time Warner--that are exploring how employers can hang on to the people they can least afford to lose. Especially when companies need to reinvent themselves to survive, she warns, they can't afford the huge costs associated with stressed-out talent: "It's not good for the bottom line," she says, "and it's not good for individuals." The Harvard Business Review looked at a survey of what happened in companies that went through layoffs of even 1% of the workforce: among the surviving workers, they typically saw a 31% increase...
...stigma attached to the crippled banks that needed the money - won't have to give anything back to fly under the federal paydar. "We need to be tough and strict but sensible," President Obama said. "We do not want to deny companies the ability to attract the talent pool they need." That's not good enough for some Senators, like Missouri's Claire McCaskill, who want to make the pay caps retroactive and intend to make that part of the stimulus bill...
...that they shouldn't. An Administration source admitted as much, sort of: "We have to, in governing, be tough in protecting the public trust, making sure money is not inappropriately used. But to do measures that would make it impossible for one of these companies to actually have the talent pool and function to survive, and pay the government back, would be self-defeating in any responsible policy." (See pictures of TIME's Wall Street covers...
...almost guaranteed to bring in business and get paid for it. "I could put a monkey in that chair and get a certain level of business," he said. With 46,000 financial jobs having been lost in New York City already, demand is falling, so the risk of losing talent to rivals is declining. The bigger question that should be asked of these big earners, says the Wall Street vet, is this: What is your alpha relative to a monkey? Alpha refers to the measure by which you beat the expected return. In other words, how much better could...
Madoff's greatest talent, the witness indicated, was his use of a "hook" or lure to play "hard to get" and the false security of exclusivity, a hallmark of a Ponzi scheme...