Here’s an interesting business news item regarding Woolworths, one of the biggest national supermarket chainstores in Australia. The CEO is reportedly calling for an increase in his workers’ wages so their real purchasing power keeps up with inflation. Calling for? Who is he calling upon?
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Unlimited #vacation leave policy – a pricing error
It sounds like a good thing – unlimited holiday time, still meeting budget, making bonuses. Here’s a recent piece on the topic. It might work for some, perhaps not others.
It will be clear if it isn’t working. Customers will suffer, other colleagues will complain about being overworked to make good the leave, budgets will not be met. It will be a shambles, obvious very early on. Continue reading
Australian Actuary 