How We Talk About Pay is Changing, Don't Fight It

My mom used to tell me to never tell anyone at work about how much I was being paid. Times have changed.

There’s a marked shift toward pay transparency on the job, as evidenced by a series of state and local laws passed in the last several years. The trend is colliding with the rise of remote work and employee mobility, creating a tangled web for employers.

New York City’s broad pay transparency law that goes into effect in November, for example, requires that job advertisements include a specific anticipated salary range. The law covers all employers with four or more employees. Any open position that could be performed even part of the time in the city. This is one of at least four different pay transparency laws just within the state of New York.

Similar laws are also on the books in Colorado and Washington. Legislation passed by the legislature in my adopted home state of California would require employers with 15 or more workers to disclose salaries or hourly wages in job postings.

Getting ahead of this trend is critical if you want to build trust with your employees and avoid costly litigation.

See Full Article https://news.bloomberglaw.com/business-and-practice/good-counsel-how-we-talk-about-pay-is-changing-dont-fight-it

Robert Chesnut
The Economist -- Building a Brand That Will Last: Intentional Integrity and Accountability
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Intentional Integrity is not just a vow to be virtuous. It means making a serious and thorough effort to, first, identifying an organization’s purpose and the values it stands for; then develop specific rules that reflect those value; and finally, drive the importance of following the rules into every corner – and level - of a company.

It’s often not a straight-line journey, and you need to be prepared for setbacks.

But in my experience, the effort can deliver both business success and positive social value.

In fact, there is growing evidence that failing to establish trust and ignoring issues important to an organization’s entire slate of stakeholders will hurt companies’ bottom-line performance.

The Economist Article
https://lnkd.in/dK2xqUM

Robert Chesnut
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⁠Intentional Integrity Webinar💻 Airbnb veteran Rob Chesnut delivers a six-step process for leaders to foster and manage a culture of integrity at work in his book, “Intentional Integrity: How Smart Companies Can Lead an Ethical Revolution”. During this virtual event, Chesnut and Ann Gregg Skeet, senior director, leadership ethics discuss the book and the importance of ethics and integrity in workplace culture.

Register: https://lnkd.in/gzxKtwb

Robert Chesnut

Integrity is often grey. The Long Beach law requiring grocery stores to bump worker pay by $4 an hour during the pandemic is no doubt well intentioned, and IMO anyone required to work in a crowded setting like a grocery store in these times should be paid more.

The other side, of course, is that a pay hike like this will get passed along to consumers in the form of higher food prices, a tough pill to swallow when so many people who can't afford to buy food.

And the law doesn't cover big box stores that sell groceries like Costco, Target and Walmart, which puts Kroger at an unfair disadvantage.

I think the real failure occurred when Kroger posted record earnings and profits last year, and didn't pass along a healthy chunk of that money to its workers, while some national chains like Trader Joes increased worker pay and handed out bonuses.

So Kroger's failure to do the right thing voluntarily led the government to pass a poorly designed law to help workers...and Kroger responds like a petulant child by closing the stores and putting 200 people out of work.

Everyone loses.

LINK TO ARTICLE

Robert Chesnut

Congratulations to Roz Brewer, who will become not only Walgreens' first female CEO, but the only Black woman chief executive of an S&P 500 company.

Youngest of five children to two parents working the assembly lines in Detroit, and part of the first generation in her family to attend college, she's had an extraordinary career...and now she's now breaking the "concrete ceiling" with this new role.

As a Walgreen's customer at this critical time in the healthcare industry, I'm an ally.

LINK TO ARTICLE

Robert Chesnut
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Congratulations to all of my friends and former colleagues at Airbnb for achieving the status of a public company today.

It's been quite a journey -- when I first heard of Airbnb nearly 10 years ago, I thought "I'll never sleep on someone's sofa."

I didn't get it.

By the time I joined the company as their general counsel in 2016, I got it -- in an age where everything is about computers and social media, Airbnb is about connecting people on a very human level through immersive travel experiences.

Thank you to the many Airbnb hosts who opened their doors to me personally, and to the millions of Airbnb hosts who have joined this phenomenal platform over the years. and made today's milestone possible.

Going public isn't the end of the journey, it's just a milestone along the way.

So much more this company can and will do.

I'm rooting for them, still.

https://lnkd.in/drBwnMa

Robert Chesnut
Leaders Who Learn Podcast
Really enjoyed the discussion, this was a fun podcast. #ethics #management#hr #health

Really enjoyed the discussion, this was a fun podcast. #ethics #management#hr #health

“Intentional integrity is making specific, authentic human efforts within an organization to openly and directly encourage a culture that regularly promotes integrity. - Rob Chesnut, former General Counsel and Chief Ethics Officer at AirBnB, and author of Intentional Integrity: How Smart Companies Can Lead An Ethical Revolution

Listen to our monumental episode of Leaders Who Learn with special guest Rob Chesnut, Available on iTunes, Spotify, and Google Podcasts. Thanks for listening!”

Robert Chesnut
Inc. Magazine - 10 Best New Business Books of 2020
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Wow! I'm so excited to announce that Intentional Integrity has been listed by Inc. Magazine as one of the 10 Best New Business Books of 2020. There are some terrific authors here and I'm honored to be listed among them.

When I wrote this book, I hoped that it would be a starting point from which we can all applaud acts of integrity and demand change when basic ethical principles are being violated. I never imagined that it would be listed as one of the top business books of the year. This is pretty cool.

Congratulations to the other Top 10 authors, including my friend/neighbor Reed Hastings of Netflix and Erin Meyer, Susan Fowler (whose act of courage sparked an ethical revolution), Sarah Frier, and everyone else!

A special thank you to my partner in crime Joan Hamilton, my wife Jillian Manus(the best agent in the world), Jessica Pellien and Mark Fortier, Michelle Cashman and my wonderful friend and editor Tim Bartlett at St Martins, and so many others who helped me get to this point.

And of course...all of my friends here on Linkedin, who have helped me spread the word and drive #integrity into the culture of companies worldwide. Thank you!

Click Here for Full Article

Robert Chesnut
Computer History Museum

Most companies think they have integrity, until they get exposed by data, skewered by the press, boycotted by customers, dropped by investors, and protested by their own employees.

They’ll punish and apologize for transgressions but throw up their hands about how to prevent them—even though they can cost a company everything.

So - how can you prioritize integrity and ethics in the workplace?

On 11/18 I did an interactive workshop with the Computer History Museum sharing my take on how to assess and improve an organization’s culture of integrity.

Watch the recording HERE

Robert Chesnut
Project HR Podcast

Today, integrity isn’t just a concern for high-profile organizations - it’s an issue for every organization – and if a company hasn’t determined, developed and communicated its unique code of ethics to its team and to the public at large, that company is missing a critical opportunity to bring out the best in themselves, in their industry and in their community.

I joined the projectHR podcast to talk a little bit more about that, how you can avoid "The Top 10 Most Common and Problematic Categories of Ethics Dilemmas", and more.

If you need a break from election coverage, check it out!

CLICK HERE TO LISTEN

Robert Chesnut
Reimagining Capitalism Interview

The world's different now. 

We're starting to rethink shareholder value. 

We're recognizing the damage done by companies to our environment, for example, or in factories on the other side of the world when they try to get the cheapest price on something. 

Instead of causing these huge problems, we need companies to step up and solve some of the world's biggest challenges. 

I think we've lost faith that government is going to do it and so we're looking at companies to step up. 

And if they don't step up, we’re seeing signs that people are going to push them hard.


Check out the Reimagining Capitalism newsletter interview I did with Nina Montgomery, where we talk about this and a whole lot more!

Click Here to check it out!

Robert Chesnut
Business Unusual Documentary

I was really fortunate to be part of the Interbrand 2020 documentary called Business Unusual about the extraordinary year that we've all been trying to survive. 

For my bit, they shipped me a recording studio in a trunk, I had to set it up myself and even do my own makeup (which means, of course, there was no makeup)! 

No, no SAG card either. I'm just glad I remembered to hit the "record" button. 

Check out the Documentary Here!

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Robert Chesnut