Pay Your Interns, You Cheap #@$#%*

I just had lunch with a summer intern here at Time Inc. My employer pays its interns (though my friend was shocked that they categorize the housing stipend as a “signing bonus” and thus lop off a huge chunk in taxes). But many don’t. These bosses seem to think of it as an even exchange: I give you experience, you give me free …

An end to corporate guidance counseling?

According to the FT,

An unprecedented coalition of large companies, pension funds, and trade unions will on Monday urge corporate America to scrap quarterly earnings guidance in an attempt to curtail the influence of hedge funds and other short-term investors.

The move, backed by leading corporate figures such as Jeff Kindler, chief

Another Reason Working Parents Deserve a Hand

Let us now talk of poo. As in, my daughter’s.

As she approached her third birthday still bubble-butted in diapers, I pondered this Zen koan: If both parents work fulltime, how is a child supposed to learn how to go on the potty?

We had no idea. The time-tested methods offered by other parents mostly involve letting the toddler toddle …

New Book Review by Reader!

A while ago, out of sheer, eyeball-clawing desperation, I sought to reduce the mountain of books covering every surface of my office by Tom Sawyering some readers into reviewing them. Many of you wrote in offering to take on my workload. I didn’t really expect anything to come of this purely selfish exercise, but reader John Struan is …

How Consultants Earn Their Keep

Last year, my company hired the consultancy firm McKinsey to–okay, I don’t pretend to know what exactly they do. They buzzed around the offices for some time and when they left, a bunch of people were laid off. But they left behind this gem:

My company paid God knows what for their services, and this is what we get: an Idea …

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