Sunday, December 7, 2008

The true spirit of giving!


One of the nicest stories I’ve heard during this holiday season is about a family owned business called Peer Bearing just outside of Chicago, Illinois. The company, run for three generations by the same family, was recently sold to a Swedish company for over 6 million dollars. Rather than greedily hide the money away for self gain, the CEO and his family decided to share the wealth with all his employees. The workers were called into the cafeteria for an announcement of the sale of the company, which worried many employees. During the meeting the workers were given envelopes with a card of thanks as well as a bonus check. This act of good will awarded some employees as much as $100, 000 (others received $35,000 and $10,000, for example) depending on the employee’s amount of time at the company. As you can imagine, the employees were stunned, pleasantly surprised at the huge checks they were looking at! The family said they felt a duty to share the money with their employees because the workers are the driving force behind their business. The employees said they have always been treated like extended family and were amazed at the size of their bonuses. And, further good news, the Swedish company that bought Peer Bearing has agreed to keep all workers at the plant.

During this time of greedy CEOs pilfering the funds of their company workers and spending excessively while their own employees are struggling with home foreclosures, its nice to see an example of the beautiful human spirit that we can aspire to. I know for many of us now, bonuses at Christmas, turkeys at Thanksgiving and other workplace gifts are a thing of the past. The days of holiday bonuses and company picnics have gone the way of the dinosaur. So, I say THREE CHEERS to the Spungen family of Peer Bearing for being a shining example of true giving and, hopefully, inspiring other companies to take a look at how they treat their workers.

Saturday, December 6, 2008

The Green for Grade$ Program...are we bribing our kids to learn?

Good Morning America had a segment earlier this week about a program that has been started in Chicago by The Paper Project, which was created by the Education Innovation Laboratory at Harvard University. Students earn $50 for each "A", $35 for each "B" and $20 for each "C", giving a "straight-A" student the chance to earn $ 4,000 during a two year period. The program focuses on the first two years of school, when the possiblity of dropping out is the highest. During the junior and senior years of high school, the students are given support in the areas of career and college, aimed at forging a path for the students to meet their academic goals. The student is awarded half the money up front during the freshman and sophmore years and the rest is received upon graduation from high school. Students are encouraged to open bank accounts and the money is direct deposited, with the idea of helping foster financial responsibility. The money is NOT paid by the school; private donors sponsor the program.

While I like the idea of rewarding good grades, I wonder...is cash necessarily the best policy? Should a school be involved in paying a student to do what is, essentially, their "job"? While low-income, high risk students are the primary purpose of "Green for Grade$" and I understand that we must make an every effort to help these young people meet their goals, I guestion the choice of monetary compensation for doing well, or even average, in school. In America, because we are so fortunate to have the chance to learn, we often forget that in some parts of the world, an education is a privilege. The chance to learn, socialize with fellow students, and following the rites of passage into young adulthood should be enough for young people. I remember receiving Certificates of Achievement in school for good grades or excelling in a certain subject and feeling proud of my accomplishment. I don't recall ever thinking, "Man, I should get 500 dollars for making the A honor roll."

Perhaps giving students tickets for movies, concerts or sports events (donated, of course) or downloading 5 or 10 songs from a music provider who would work in tandem with such a program could be enough. Or even, as a friend suggested, points to buy things in the school store could also be a possibility. The more I think about it, however, I think it seems we are bribing our kids with money to do things they SHOULD ALREADY BE DOING. Young people can make it out of their particular situations without educators dangling a carrot of cold, hard cash to entice them into meeting their responsibility...to LEARN.

Today's world is already hyper-focused on money. We get it, we spend it and we want and work excessively for more of it. And in this climate of excess, a lot of kids are growing up with a sense of entitlement....they think they should be able to have all they want without the blood, sweat and tears of working for it. Are we setting up a generation of children who think they are owed for all that they find work-oriented? Leave the money making to the "real" world. The true currency of high school is knowledge. I think an education is payment enough.