The Career Contessa website recently launched The Salary Project, a database to compare salaries within your industry and receive a personalized salary review service. Lauren McGoodwin, Founder and CEO of Career Contessa joins Your Cheddar to discuss why she feels salary transparency would create an equal work environment. McGoodwin believes salary transparency can create more of an open dialogue when it comes to closing the gender pay gap. Also, seeing what managers or superiors make could encourage employees to work harder to move up the food chain. Plus, how can you negotiate a salary you believe your skills deserve? McGoodwin says to make sure you know the difference between your self-worth and your net-worth. You can't make it personal when you don't get a raise. Your employer is paying you based on the skills you have, not the person you are.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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