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BBCNEWS Talking Business July 7, 2024

the boss of buffer, a company where everyone s pay is public information, and professor peter bamberger, who has literally written the book on pay transparency. also on the show. yeah, avon is still calling, the direct selling cosmetics giant is still going strong. and the global boss tells me about reimagining the business for the 21st century. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, vanity fair magazine today best known for interviews and photographs of powerful celebrities, businesspeople and politicians, but around 100 years ago in new york city, the magazine was the scene of a worker revolution. some of the magazine s star writers, such as dorothy parker and robert benchley, they started talking about how much they were paid, something that they weren t allowed to do. when they were reprimanded, they all came in the next day with a painted sign around their necks displaying their pay. today, ....

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BBCNEWS Talking Business July 7, 2024

hello, this is bbc news. the headlines: the former chancellor rishi sunak has received more than 100 backers has received more than 100 hackers and could enter the conservative leadership elections. the leader of the commons, penny mordaunt, is the only person to formally announce that she s running. she has fewer supporters than the two men. in other news, ukrainian officials say around a million and a half households are without power following a new wave of russian attacks. and england s lionesses will face china and denmark at next year s women s world cup in australia and new zealand. now on bbc news. talking business with aaron heslehurst. hello, everybody, and a very warm welcome to talking business weekly with me, aaron heslehurst. let s go take a look at what s on the show. how much do you make? roughly 60,000. 107k. 35 and some change. yep. how much do you make? for years asking that question, it was taboo. it could have even got you the sack. now, though, aro ....

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BBCNEWS Talking Business June 4, 2024 00:49:00

Than 70 countries. and i ve been speaking with its big boss, angela cretu. a real pleasure having you on my show. and angela, let me start with this, because my show s focus this week is about wage transparency. and when we look at the avon model, sellers are given a commission on their sales. i mean, i mjust wondering how much are they walking away with? can people actually make a living from selling avon or is this more about supplementing income? the beauty of our business model is that we do share our earnings, our value chain, not with some brick and mortar network, but with millions of women around the world. so our representatives will be gaining a commission from 20 to 45%, including other benefits like education, recognition, incentives pending or their affiliation with avon. so could go from simply sharing beauty with their friends. it s more like a beauty fund in a micro community advocating ....

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BBCNEWS Talking Business June 4, 2024 00:41:00

A company and you do it for the first time, you know, people are going to immediately be looking at, 0k, whatam i making compared to other people? and that might lead to those things. well, joel, let me end on this. what advice would you give to to other companies considering to address pay transparency? i would say start small, but reallyjust move forward with it because the benefits of of greater transparency within a company are really significant income in terms of the trust that you build. joel gascoigne, the big boss of buffer, really appreciate your time. thanks forjoining me. thanks so much. so pay transparency. it can mean many things and have lots of consequences for, well, how workers and bosses feel about their job and their company. professor peter bamberger s book pay exposed. it s out next year. he s also a professor at the college school of management and one ....

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BBCNEWS Talking Business June 4, 2024 14:50:00

So i think there s a general trend towards greater transparency. professor peter bamberger, a real pleasure having you on this show. thanks forjoining me and i ll check in with you soon, 0k. thanks again. bye bye. the global beauty industry is big business, and avon is one of the biggest in the world. globally, they sold directly to customers in over 70 countries, and i ve been speaking to the big boss. a real pleasure having you on my show. and angela, let me start with this, because my show s focus this week is about wage transparency. and when we look at the avon model, sellers are given a commission on their sales. ....

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