BILL FORD RETROACTIVELY PAID FOR WORK AS CHAIRMAN
By Mark Kleis
Following five consecutive quarters of profitable growth, Bill Ford Jr. will finally end his five-year wage freeze, being paid a $4 million salary and in stock options worth $11-12 million, according to the Associated Press. The compensation covers Bill’s work for the last two years, retroactively.
“The ongoing success of Ford Motor Company is my life’s work and I am fully confident we are on track for sustained profitable growth through our commitment to building great products, a strong business and a better world,” Bill Ford said in an e-mail to Ford employees, obtained by the AP.
Bill Ford filed with the SEC today to sell $28 million in stock, which he explained to employees was being done in order to pay off personal loans he had taken in order to purchase Ford stock.
Ford also announced that he will be donating $1 million of his new payment towards the scholarship fund for Ford Motor Company employees’ children.
Prior to today’s compensation, the last payment the chairman received was a stock award in March of 2006, of which Bill donated the proceeds in their entirety to the same scholarship fund.
source: leftlanenews
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In: Business Stories · Tagged with: Automaker, Bill Ford, Chairman Bill, Consecutive Quarters, E Mail, Executive Chairman, Ford Employees, Ford Motor, Ford Motor Company, Ford Stock, Fund Source, Kleis, Personal Loans, Profitability, Profitable Growth, S Automotive, Salary Information, Scholarship Fund, Stock Ford, Stock Options
Facts About Sexual Harassment
Sexual harassment is a form of sex discrimination that violates Title VII of the Civil Rights Act of 1964.
Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature constitutes sexual harassment when submission to or rejection of this conduct explicitly or implicitly affects an individual’s employment, unreasonably interferes with an individual’s work performance or creates an intimidating, hostile or offensive work environment.
Sexual harassment can occur in a variety of circumstances, including but not limited to the following:
- The victim as well as the harasser may be a woman or a man. The victim does not have to be of the opposite sex.
- The harasser can be the victim’s supervisor, an agent of the employer, a supervisor in another area, a co-worker, or a non-employee.
- The victim does not have to be the person harassed but could be anyone affected by the offensive conduct.
- Unlawful sexual harassment may occur without economic injury to or discharge of the victim.
- The harasser’s conduct must be unwelcome.
It is helpful for the victim to directly inform the harasser that the conduct is unwelcome and must stop. The victim should use any employer complaint mechanism or grievance system available.
When investigating allegations of sexual harassment, EEOC looks at the whole record: the circumstances, such as the nature of the sexual advances, and the context in which the alleged incidents occurred. A determination on the allegations is made from the facts on a case-by-case basis.
Prevention is the best tool to eliminate sexual harassment in the workplace. Employers are encouraged to take steps necessary to prevent sexual harassment from occurring. They should clearly communicate to employees that sexual harassment will not be tolerated. They can do so by establishing an effective complaint or grievance process and taking immediate and appropriate action when an employee complains.
See also: How To File A Charge of Employment Discrimination
source: EEOC
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In: On The Job Advice · Tagged with: Case Basis, Civil Rights Act, Civil Rights Act Of 1964, Discrimination That Violates Title, Economic Injury, Eeoc, Grievance Process, Grievance System, Harasser, Harassment In The Workplace, Offensive Conduct, Offensive Work Environment, Sex Discrimination, Sexual Harassment In The Workplace, Sexual Nature, Title Vii Of The Civil Rights Act, Unlawful Sexual Harassment, Unwelcome Sexual Advances, Work Performance, Workplace Employers
What to expect after an interview
| 1) Do not expect to be hired on the spot Candidates must realise that interviewers usually are not there to hire anybody immediately. They are only trying to make a screening decision to determine whether the company should talk with you further. By the end of the interview, most companies will try to spell out as clearly as possible what to expect next. (Whom any further action will come from and when.) 2) How companies tell you they are interested 3) How you can tell them you are interested Another good way to demonstrate interest in a company is to demonstrate knowledge of it. Candidates, especially those already invited to a second interview, should research the company on the web, read the annual report, company literature, and anything they can find about the company if they have not already. 4) How they tell you “NO!” In many cases, candidates who are not offered a job will be informed within a few weeks of the interview. In other cases, candidates may not receive any further correspondence unless a suitable position is identified before their date of availability. A negative reply may dent your ego, but almost everybody hears a “No” or two before they land a job. |
source: bigbreak
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In: Job Search Advice · Tagged with: Annual Report, Company Literature, Company Location, Correspondence, Good Interviewer, Interview 1, Interviewers, Invitation, job, Knowledge, Party Time, Screening Decision, Short Time, Suitable Position, Time 3, Time And Date