Microsoft CEO Satya Nadella says women don’t need to ask for a raise. They should just trust “the system.”
Speaking on October 9 at an event in Phoenix to celebrate women in computing, Nadella was asked: What advice do you have for women who feel uncomfortable asking for a raise?
His reply: “It’s not really about asking for the raise, but knowing and having faith that the system will actually give you the right raises as you go along.
“Because that’s good karma. It’ll come back because somebody’s going to know that’s the kind of person that I want to trust.”
Satya Nadella
This from a CEO at whose company women comprise only 29% of its more than 100,000 employees. And where its CEO has a net worth of $45 million.
Click here: Satya Nadella – Wikipedia, the free encyclopedia
If it’s true that corporations are people, then they are exceptionally greedy and selfish people.
A December, 2011 report by Public Campaign, highlighting corporate abuses of the tax laws, makes this all too clear.
Summarizing its conclusions, the report’s author writes:
“Amidst a growing federal deficit and widespread economic insecurity for most Americans, some of the largest corporations in the country have avoided paying their fair share in taxes while spending millions to lobby Congress and influence elections.”
Its key findings:
- The 30 big corporations analyzed in this report paid more to lobby Congress than they paid in federal income taxes between 2008 and 2010, despite being profitable.
- Despite making combined profits totaling $164 billion in that three-year period, the 30 companies combined received tax rebates totaling nearly $11 billion.
- Altogether, these companies spent nearly half a billion dollars ($476 million) over three years to lobby Congress. That’s about $400,000 each day, including weekends.
- In the three-year period beginning in 2009 through most of 2011, these large firms spent over $22 million altogether on federal campaigns.
- These corporations have also spent lavishly on compensatng their top executives ($706 million altogether in 2010).
Among those corporations whose tax-dodging and influence-buying were analyzed:
- General Electric
- Verizon
- PG&E
- Wells Fargo
- Duke Energy
- Boeing
- Consolidated Edison
- DuPont
- Honeywell International
- Mattel
- Corning
- FedEx
- Tenet Healthcare
- Wisconsin Energy
- Con-way
The report bluntly cites the growing disparity between the relatively few rich and the vast majority of poor and middle-class citizens:
“Over the past few months, a growing protest movement has shifted the debate about economic inequality in this country.
“The American people wonder why members of Congress suggest cuts to Medicare and Social Security but won’t require millionaires to pay their fair share in taxes.
“They want to know why they are struggling to find jobs and put food on the the table while the country’s largest corporations get tax breaks and sweetheart deals, then use that extra cash to pay bloated bonuses to CEOs or ship jobs overseas.
“….At a time when millions of Americans are still unemployed and millions more make tough choices to get by, these companies are enriching their top executives and spending millions of dollars on Washington lobbyists to stave off higher taxes or regulations.”
Assessing the results of corporate tax-dodging, the report states:
- Using various tax dodging techniques, including stashing profits in overseas tax havens and tax loopholes, 29 out of 30 companies featured in this study succeeded in paying no federal income taxes from 2008 through 2010.
- These 29 companies received tax rebates over those three years, ranging from $4 million for Corning to nearly $5 billion for General Electric and totally nearly $11 billion altogether.
- The only corporation that paid taxes in that three-year period, FedEx, paid a three-year tax rate of 1%, far less than the statutory rate of 35%.
The report bluntly notes the hypocrisy of corporate executives who call themselves “job creators” while enriching themselves by laying off thousands of employees:
“Another area where these corporations have decided to spend lavishly is compensation for their top executives ($706 million altogether in 2010).
“Executives doing particularly well work for General Electric ($76 million in total compensation in 2010), Honeywell International ($54 million), and Wells Fargo ($50 million).
“Executives who have seen the greatest increase work for DuPont (188% increase), Wells Fargo (180% increase) and Verizon (167% increase).
Despite being profitable, some of these corporations have actually laid off workers.
Since 2008, seven of the corporations have reported laying off American workers. The worst offenders–by 2011–are Verizon, which laid off at least 21,308 workers, and Boeing, which fired at least 14,862 employees.
Insisting that “corporations are people” wins applause from the wealthiest 1% and their Right-wing shills. But it does nothing to better the lives of the increasingly squeezed poor and middle-class.
If the nation is to avoid economic and moral bankruptcy, Americans must demand that powerful corporations be held accountable–and punished harshly when they behave irresponsibly.




ABC NEWS, ADMINISTRATION, ATTORNEYS, BUREAUCRACIES, BUSINESS, CBS NEWS, CEOS, CNN, CORPORATIONS, CUSTOMER SERVICE, FACEBOOK, FBI, GOVERNMENT AGENCIES, L.G., LG, MSNBC, NBC NEWS, POLICE DEPARTMENTS, PROSECUTORS, ROBERT TOWENSEND, SELF-HELP, THE CHICAGO SUN-TIMES, THE CHICAGO TRIBUNE, THE HUFFINGTON POST, THE NEW YORK TIMES, THE SHARPER IMAGE, THE WALL STREET JOURNAL, THE WASHINGTON POST, TWITTER, USA TODAY
“YOUR CALL IS VERY IMPORTANT TO US”: PART ONE (OF TWO)
In Bureaucracy, Business, Self-Help, Social commentary on December 14, 2014 at 9:08 pmHow many times have you called a government agency or company and instantly found yourself put on hold?
To add insult to injury, you usually wind up serenaded by recorded music that would be totally forgettable if it weren’t so unforgivably irritating.
And every 30 seconds or so a recorded voice comes on to assure you: “Your call is very important to us.”
Have you ever wondered: “If my call is so important to you, why aren’t you answering it?”
The truth is that most companies and government agencies don’t want their employees speaking with the customers who make their existence a reality.
Having your questions answered by another human being requires the company/agency to assign–and pay–people to do just that.
Most hiring managers don’t want to hire any more people than they absolutely have to. Assigning people to answer customers’ calls means that many of those calls will take time to answer, because some problems can’t be solved in a matter of seconds.
This is especially true when the problem involves technology.
(Technical support employees of computer/software companies are notorious for advising customers to “just put the Restore Disk back into your computer and restore it back to default.”
This wipes out your problem–and everything you’ve saved on your computer. It also gets you off the phone quickly with Tech Support.)
To a bean-counting executive, time is money. And that’s money that won’t be going into the pockets of some already overpaid CEO.
Even government agencies like police departments don’t want to spend any more time than necessary taking the calls of those who need to reach them.
Even calls to 911 can leave you talking to no one, with only a recorded message telling you to wait until someone deigns to speak with you.
That’s why many bureaucracies arrange that when you call for help, you’re fobbed off with a recorded message telling you to visit the company’s or agency’s website.
This assumes, of course, that
If you
you’re flat out of luck.
And the agency/company couldn’t care less.
But it need not be this way.
Companies and agencies can treat their customers with respect for their time and need for help.
That’s why companies that genuinely seek to address the questions and concerns of their customers reap strong customer loyalty–and the profits that go with it.
One of these is LG, which produces mobile phones, TVs, audio/video appliances and computer products.
LG actually offers an 800 Customer Care number that’s good 24-hours a day.
Its call center is staffed with friendly, knowledgeable people who are willing to take the time to answer customer questions and guide them through the steps of setting up the appliances they’ve bought.
Another company that dares to have human beings stand behind its products–and explain how to use them–is The Sharper Image.
Recently, Dave, a friend of mine, bought an electronic alarm clock that allows you to wake up to a variety of exotic sounds–such as a thunderstorm, the seashore, chirping birds or foghorns.
A brochure on how to set the alarm and sounds came with the clock, but Dave couldn’t make sense of it. Luckily, there was an 800 number given in the brochure for those who needed to be walked through the necessary steps.
Dave called The Sharper Image and quickly found himself connected with a friendly and knowledgeable customer care rep. She clearly and patiently explained what he needed to do to choose which sounds he wanted to awaken to.
And then she just as patiently repeated that list of steps while he quickly typed them up for future use if he forgot what to do.
Such an approach to customer service is not new–just extremely rare these days.
In his 1970 bestselling primer on business management, Up the Organization, Robert Townsend offered the following advice to company CEOs: “Call yourself up.”
“When you’re off on a business trip or a vacation,” writes Townsend, “pretend you’re a customer. Telephone some part of your organization and ask for help. You’ll run into real horror shows.
“Don’t blow up and ask for name, rank and serial number–you’re trying to correct, not punish. Just suggest to the manager (through channels, dummy) that he make a few test calls himself.”
So how do you cope with agencies/companies that don’t care enough to help their customers?
I’ll address that in my next column.
Share this: