Stress management

... The St.

Petersburg Times - Business Special - Facing an Employee’s Pyramid of Needs Name: Password: Login Issue #1156(22), Tuesday, March 28, 2006 !

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Moscow Times BUSINESS SPECIAL Facing an Employee’s Pyramid of Needs By Yekaterina Dranitsyna Staff Writer In a bid to uncover why well-trained employees suddenly resign from a seemingly solid and attractive firm, we confront the principles of Maslow’s pyramid of needs.

According to recruiters, when an employee’s needs, both in terms of money and career, are undervalued, loyalty counts for nothing, and they will quickly seek a new challenge.

“If people want to grow professionally but understand that in a particular organization this is impossible, then that becomes the main reason for resigning.

For top managers self-fulfillment is very important,” said Olga Chebotkova, partner at Top Hunt International.

But whatever the importance of self-actualization, most people leave when they are paid less than their market price, Chebotkova said.

“Talking to colleagues from other companies a person finds out that they are underpaid.

As a rule, it happens within a year of working in a new position,” sai...

...Why Don't Banks Fail Anymore?

By Daniel GrossPrint Help HomeNews & PoliticsArts & LifeBusiness & TechHealth & ScienceStyle & ShoppingTravel & FoodSportsSlate on NPROutput OptionsAbout Us Search Slate Advanced Search moneybox Commentary about business and finance.Why Don't Banks Fail Anymore?

Is it the strong economy?

Better regulation?

Luck?

By Daniel GrossPosted Monday, March 27, 2006, at 4:48 PM ET George Bailey (Jimmy Stewart) confronts Mr.

Potter (Lionel Barrymore) in It's a Wonderful Life The Federal Deposit Insurance Corp.

is the Joe DiMaggio of federal regulators: It's got a tremendous streak going.

Yesterday marked the 639th day without a bank failure, the longest run in the institution's history.

(The prior record, 609 days, ended in 1946, the year the best film about a busted bank, It's a Wonderful Life, premiered.) And 2005 was the first calendar year since the FDIC's inception, in 1934, in which no banks failed.

Meanwhile, in February, President Bush signed legislation that, for the first time since 1980, would raise the cap on insured deposits.

Are these signs that the vast banking industry has reached a new plateau of permanent prosperity and competency?

Or is it the calm before the storm?

The FDIC was one of those awful, socialistic, anti-capitalistic, doomed-for-failure New Deal projects that has, in fact, contributed enormously to the nation's well-being.

"No depositor has lost a single cent of...

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