A worker shortage might be excellent news for the economy! Maybe, just maybe, firms will awake and see workers’ substantial contribution to their success. Some CEOs take unconscionable sums and destroy their firm’s value, unlike many frontline workers who create value. During the pandemic, CEOs took vast sums as they laid-off workers. Some firms sought bankruptcy protection, but hat didn’t stop their greedy CEOs from snatching hefty bonuses.We have a worker shortage and firms are scrambling to hire whomever is willing. Some firms, like McDonalds have paid signing bonuses. Canada’s Loblaw and its competitors paid a bonus to frontline workers when the pandemic began. They stopped it after three months in unison with their competitors. When government confronted them about this collusion, they claimed it happened independently. Go figure! It’s like you caught your three-year-old with her hand in the cookie jar and she said, Mom, “Cookie Monster did it!”Worker Shortage Inevitable With Shoddy TreatmentLoblaw’s behavior disturbs me. During the bonus period, profits soared. Per se, that’s no problem. I favor firms making profits. To be sure, I am against government taxing profits. But paying workers the bonus during the pandemic shouldn’t hinge on profits. It was just right. Meanwhile, my wife and I shopped at a Loblaw store and workers continued their excellent service despite Loblaw’s slight.Leaders must realize frontline workers are the firm’s foundation and treat them well, not as cogs turning out CEOs bonuses! When employers treat workers like machines, they disengage. Gallup said, over several decades, they and other researchers found a strong link between employees’ workplace engagement and the company’s overall performance. Yet employers refuse to accept this. But there is good news: surveys show some firms break the mold and treat workers with respect: Cisco, Apple, Accenture, IBM, FedEx are a few.Next Quarter’s Earnings Drives BusinessesCompanies see next quarter as the prize, so they exploit workers and fudge next quarter’s numbers. I repeat: I am against government taxing business. However, I favor the Biden Build Back Better provision to tax share buybacks that the House passed, and it is before the Senate, even if it might have only a modest effect on share buybacks. Companies shouldn’t be spending billions buying back shares while exploiting workers.Firms should present to shareholder meetings options to use buyback funds. Choices might include effects of paying bonuses to frontline workers with buyback funds. Shareholders should hear about potential strategic investments, too. Another option is stopping buy-backs for five years after layoffs. Executives, too, shouldn’t get bonuses within five years of layoffs. We must get rid of worker exploitation that enhances CEO bonuses.The Business Roundtable Stakeholder Capitalism DisappearedThe Business Round Table (BRT) had a revelation in 2019 and decided maximizing shareholder value is not a corporation’s sole purpose. That metrics from the 1980s is wrong, it said. I wrote then that the BRT “… came up with lovely platitudes about looking after stakeholders and quickly ditched it and returned to their greedy practices… ” They continued to move away from those bromides during the pandemic.Let the worker shortage continue! It might be the force to rid firms of myopic, greedy incompetent CEOs. To be sure, the scarcity will cause disruptions in supply chains and elsewhere, but workers’ creativity, if allowed, will solve these challenges. Here is the million dollar question: Will enough firms decide to scrap the quarterly rat race and concentrate on building robust businesses for the long-term?
Everything You Need to Know About Fixing Flooded Bathrooms
How often are you encountering flooding problems in your bathroom? Dealing with huge issues such as a flooded bathroom in your living space can cause you a lot of trouble and inconvenience. However, when your bathroom is flooded, you have to fix this issue as soon as possible because it can lead to serious problems in the long run.
If you think about how often you are suffering from bathroom floods, can you also imagine how hard it is to fix this problem for good? You have nothing to worry about fixing your flooded bathroom anymore because these days, you can simply follow the steps that most people use when they experience the same problem.
When you encounter flooding in your bathroom, the best first thing that you need to do is to stop the flow of the water. As much as possible, you should always start with stopping the water flow if you want to make sure that the flooding problem in your bathroom will never worsen. If you need to stop the water flow in your bathroom water connection, you should find the valve that controls the water pressure and twist it accordingly.
For instance, if your flooding problem starts from your toilet, you have to look for the valve with a shape of an oval which is usually located at the bottom part of the water tank. When the problem is in your sink, there is also a valve placed under it or at least a few inches or feet from your floor. You should check how often are you experiencing problems with your different water connections so that you can save yourself from future problems.
If you want to make sure that you will not have a hard time looking for a good evidence supporting your claim, you should also consider documenting the entire effect of the damage. If you are the owner of the living space where the bathroom flooding occurred, you can claim your homeowner’s insurance coverage but you will need the documentation of the damages you incurred. Documentation is also very important when you are just renting a property because it will allow you to strengthen your claim for renter’s insurance. Once you have proof or any kind of evidence, insurance companies will always look into how often you are encountering your bathroom flooding problem so they can address the issue accordingly.
Right after you have made the necessary documentation, it is time for you to proceed to clean up the huge mess. When you are cleaning up the mess your broken water connection caused, you have to make sure that your drain is well functioning so that you can easily drain the water down. But draining a lot of water can also damage your drainage system so you should also look into how often you are putting too much pressure in your drain. Gathering up all the water in a pail using a thick rug can also help you clean up your flooded bathroom and reuse the wastewater for your garden or any other needs.