My reaction to tip #6- Eric Yoshikawa

The tip is called "kill unjustifiable perquisites." Basically this trimming expenses that aren't needed. When I say expenses they aren't exactly business expenses. They are more perks for senior executives, a "thanks for the hard work" if you will. Now keep in mind the title is called "ten ways to restore investor confidence in compensation". While the workers want to be compensated for their hard work, they are very well especially most executives. While the investors still want to be compensated for lending their money out. Ihave found that bonuses are always appreciated. I think paid for activities are better though. I've worked for several different people some of them would take me out to bars or to dinner. I've found this way you feel like your not just a "number". That your dedication isn't a cash symbol. One example give was how personal flights on corporate jets were changed to financial counseling. I've read several book on investing money, and it always interests me how few people will be ready to retire. I think financial counseling shows the workers that they don't want you to work for the rest of your life. They want you to retire happy. If you've got a corporation that cares this much about you, how would you not want to do your very best for them. I think this is the underlying theme, is to help your workers feel like they matter, so they will do the best they can do for you.