A worker shortage might be excellent news for the economy! Maybe, just maybe, firms will awake and see workers’ substantial contribution to their success. Some CEOs take unconscionable sums and destroy their firm’s value, unlike many frontline workers who create value. During the pandemic, CEOs took vast sums as they laid-off workers. Some firms sought bankruptcy protection, but hat didn’t stop their greedy CEOs from snatching hefty bonuses.

We have a worker shortage and firms are scrambling to hire whomever is willing. Some firms, like McDonalds have paid signing bonuses. Canada’s Loblaw and its competitors paid a bonus to frontline workers when the pandemic began. They stopped it after three months in unison with their competitors. When government confronted them about this collusion, they claimed it happened independently. Go figure! It’s like you caught your three-year-old with her hand in the cookie jar and she said, Mom, “Cookie Monster did it!”

Worker Shortage Inevitable With Shoddy Treatment

Loblaw’s behavior disturbs me. During the bonus period, profits soared. Per se, that’s no problem. I favor firms making profits. To be sure, I am against government taxing profits. But paying workers the bonus during the pandemic shouldn’t hinge on profits. It was just right. Meanwhile, my wife and I shopped at a Loblaw store and workers continued their excellent service despite Loblaw’s slight.

Leaders must realize frontline workers are the firm’s foundation and treat them well, not as cogs turning out CEOs bonuses! When employers treat workers like machines, they disengage. Gallup said, over several decades, they and other researchers found a strong link between employees’ workplace engagement and the company’s overall performance. Yet employers refuse to accept this. But there is good news: surveys show some firms break the mold and treat workers with respect: Cisco, Apple, Accenture, IBM, FedEx are a few.

Next Quarter’s Earnings Drives Businesses

Companies see next quarter as the prize, so they exploit workers and fudge next quarter’s numbers. I repeat: I am against government taxing business. However, I favor the Biden Build Back Better provision to tax share buybacks that the House passed, and it is before the Senate, even if it might have only a modest effect on share buybacks. Companies shouldn’t be spending billions buying back shares while exploiting workers.

Firms should present to shareholder meetings options to use buyback funds. Choices might include effects of paying bonuses to frontline workers with buyback funds. Shareholders should hear about potential strategic investments, too. Another option is stopping buy-backs for five years after layoffs. Executives, too, shouldn’t get bonuses within five years of layoffs. We must get rid of worker exploitation that enhances CEO bonuses.

It is very important to brand an agency. Mostly, the companies associated with manufacturing and distributing products and others need their help. There should take in a proper branding strategy in the first stages; otherwise, it will be very difficult to reach the mass customers. Several ways are there that can make a brand successful. Advertising through the social media, radio, print media, sponsorship, and television promotes a brand. The financial support is often raised from several events, sports and awards from anywhere in the world.The Important Aspect of a Brand Marketing AgencyThe company should have a separate and hard-working team that should look after the marketing aspect of the company. This will help to set up a proper brand. The company that needs to do branding can take the help of a brand marketing agency to get the desired results. This is because the agency is mostly an expert in the field and specializes in this kind of work.The advantages of choosing a brand advertising agencyIt is very much helpful to hire a branding agency. The primary advantage is that a branding agency has experience in the field and is thus aware of all the nooks and corners of the field. This will help the company to set up a brand value in the market and in turn, make it successful. The hiring of a marketing agency is a complex process and involves keen attention and knowledge to select a proper one. The reason behind this is that there are many businesses and it is important to secure a foothold for every business. There are also many brand marketing service providers. The owners have to select them carefully. Most of the branding companies try to create a slogan for the company so that it gets a unique identity. Most of these slogans or taglines define the company policy with an eye-catching logo design. Whatever it be the customers should find it relatable to the products of the company. The logo and slogan should also sync well with each other. This is the branding strategy that the branding agency has to give shape perfectly.Guide to Hiring the right agencyWhile you are selecting a marketing firm then make sure to check the earlier works of the agency. You should check the works that are similar to his or her own business. This will enable them to analyze the work of the agency and they can decide whether to deal with the agency or not.

Once upon a time a Native American boy asked his grandfather, “What determines if we are successful in life?” The grandfather said, “We have two wolves within us. One is our good wolf and the other the evil wolf.” The boy then asked, “Which wolf will win?” The grandfather paused for a moment, looked straight into the boy’s eyes and said, “Whichever one you feed.”

So which wolf are you feeding when you work your business? Is it the good wolf or the evil wolf?

What do I mean by feeding the good wolf?

- having a positive attitude – always seeking new ways to increase productivity – a never give up attitude – being respectful of co-workers – going out of your comfort zone – educating yourself about your industry (classes, seminars, online searches, etc.)

What do I mean by feeding the evil wolf?

- always complaining about your work – no passion or drive – being nasty to co-workers – not giving your 100% every day, all day – trying to cheat others – thinking of yourself before others – degrading the company or product because you are not having any success

So, which one are you feeding today? Most of us would like to think we are feeding the good wolf, but we all know the evil wolf gets a snack here and there. I urge you to start feeding the good wolf. Once you start doing this, not only will you want to continue to do so, you will see very positive results. This is the key to online business branding.