Who's the worst boss in the US?
A new report takes Dish Network's founder and chairman Charles Ergen to task for treatment of the company's employees.
Bad bosses aren't uncommon, but according to one report there's one that stands a head above (or should it be below?) the rest of America's managers: Dish Network (DISH) Chairman Charles Ergen.
Ergen, with an estimated net worth of $9 billion, doesn't allow its employees to have company credit cards -- and for many years would deduct money from an employee's paycheck if they tipped more than 15%, according to Bloomberg Businessweek.
Expecting workers at their desks no later than 9 a.m., Dish previously used identification badges for entry to its headquarters. But after noting that some workers were asking colleagues to "badge-in" for them, Ergen reportedly had the company switch over to fingerprint scanners.
"Multiple ex-employees say it’s not uncommon to see Ergen publicly berate an executive for scanning in a few minutes late," the article notes, "even if that executive had spent the previous 12 hours at home working through the night."
Ergen isn't warm and fuzzy to Wall Street, either. Sanford C. Bernstein analyst Craig Moffett tells Businessweek that when he first started in his job, he asked to fly to Denver to meet with Dish's management. Dish responded, "We’re too busy creating value around here to sit down and talk about it. Thanks but no thanks.”
Despite his critics, Ergen's focus appears to have helped the company's bottom line: Dish has beaten estimates for five out of the last eight quarters, and its stock jumped 27% last year.
A spokesman for Dish told the New York Post, "It is a challenging place to work." He added that Dish is a "cost-conscious company", where executives are required to share hotel rooms when they travel.
Since Ergen stepped down as chief executive, the company has relaxed some policies: for instance, it's now acceptable to leave a 17% tip without getting your paycheck dinged.
On employment site Glassdoor.com, Dish receives only 2.2 stars out of 5, based on roughly 600 reviews from employees. That means its workers are "dissatisfied." But one recent reviewer, who awarded Dish just one star, wrote, "Joe Clayton (CEO) put us up to upgrading our score."
A Dish spokesman tells MSN Money Now that Clayton has encouraged employees to read the Businessweek article and add reviews to the employment site. According to an excerpt from the memo, Clayton wrote, "If you are happy here at DISH, and believe the company is moving in the right direction, log on to glassdoor.com (here) and provide feedback."
The spokesman adds, "It's Joe's regular practice to solicit direct feedback -- good and bad -- from employees so we can improve the business. This is an effort we take very seriously."
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Working for this company is an exercise in extreme micromangement. Imagine you are a plumber who works for a large corporate plumbing company. Your boss shows up on your jobsite and unloads your truck, searches it and counts everything.. He calls you over and says "You have 8 2" gaskets in theback door of your truck. First of all, they are in the wrong place, they are supposed to be in the side door up front. second, you are only allowed to carry 5 of these on the truck and you know it. Also, I found a screwdriver in your toolbag that is obviously not one of our brands, it is a personal tool and I am going to have to give you a write-up"
Now, seems exxagerated? No, this is how the company operates. They have eased up a bit on this extreme in the past two years, but if you are on there bad side this conversation will happen every day.
Lunch? Forget it. If you know you are lined up for a 16 hour day (mandatory), there is no time for lunch. You are actually expected to clock out for lunch yet keep working. Since other techs all put in work for free on a daily basis, you are compelled to do the same or else you look like a low performer compared to them. It is a vicious cycle.
"According to one report"!!! No mention of where the report came from or who wrote it.
So, lets see. The writer is upset because the CEO rebuffed her request for an interview and decides to write THIS piece of garbage claiming that he is the worst boss simply because he expects his employees to turn up for work at the agreed time.
Yes, that about sums it up.
Wah Wah Wah....
Are you kidding me? So you have to be at work on time and you can't spend the company's money as though you were a playboy out on the town. 15% is a good tip and should you be "SO" impressed with the service that you feel you need to add more then please feel free to do so at your own expense.
This guys deserves a medal for protecting employee's jobs through the worst economic times in decades.
Grow up. This is not the hand out America that Obama wants you to believe it is.
The worst boss in the US is the collective US. Workers show late, leave early. Make better money and better bennies. People screw up and just get transferred. Representatives worry mostly about keeping their head in the trough. Oversight is non existant. Billions are squandered while no one cares.
too many on the payroll. too many with cars and perks we pay for. The list could go on for pages.
The Boss or bosses do nothing to improve the situation. If America were a business it would be bankrupt and unable to come out of it.
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
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