That means prospective employees have leverage - and some of them are trying to use it to get these companies to change their ways. Companies spend millions of dollars on recruiting efforts every year and offer a dizzying array of perks and benefits (lengthy parental leave, infertility treatment, free beer, unlimited vacation) to entice workers. In an article for Buzzfeed, Caroline O’Donovan writes that, “rained programmers, software engineers, and data scientists are in notoriously high demand in the tech industry. A series of forums has arisen out of the hashtag, and the handful of tech workers, who sparked the hashtag with screenshots of email conversations with recruiters, has become a community. The rise of an ethics-minded populace and workforce is represented in part by the hashtag campaign #TechWontBuildIt, which has allowed programmers, engineers, and data analysts to share information on big tech companies and trade stories about recruiting attempts gone wrong.
Whereas companies a decade or two ago would have eschewed publicizing any details about removing their CEO for allegations of sexual misconduct, today the threat of a broad social backlash against unethical behavior has companies toeing a much different line. Īlthough perhaps justified, given the number of accusations of sexual misconduct swirling around Moonves, the decision by the board to fight against paying out a single dime is a product of a new era of ethical considerations in the business world. After several more women came forward, incensed that Moonves would walk away with a payout, the board reversed their decision and stated that it was all but certain that the company will pay Moonves nothing. When the CBS Board of Directors finalized the ousting of former CEO Leslie Moonves, they initially agreed to pay him most of the $180 million owed to him if he were fired without cause. Sascha Matuszak ( is a reporter at SCCE in Minneapolis, MN.
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