Address

10 Street Name, City Name

Country, Zip Code

Get in touch

555-555-5555

info@pecuniamlex.com

Follow us

From Norberto Cruz to 'Lunch with Lucy' on a Public Bus: A Fair Wage as a Means to Create Stronger Companies

Phillips J. Diaz-Vicioso, LL.M.

September 9, 2023

Norberto Cruz, the day of his retirement

The story of Norberto Cruz, driver of line 517 in Bahía Blanca, south of the Buenos Aires province, in Argentina concluded on May 5, 2023, after 30 years of service.


His last day of work turned into a celebration, marked by a sign that read: “Last round, I retire! 1993-2023.” Norberto, throughout his years behind the wheel, leaves us a valuable message: pride in a job well done.


“People walking by greeted me, other cars honked at me, they applauded. It was moving to see people from the construction sites stopping what they were doing to greet me and those who got on wished me the best, all lovely,” he reported to a local media outlet in Bahía Blanca, the city where he spent long hours of his life over 3 decades as a driver.


This touching tribute to his commitment and dedication leads us to reflect: How can we, as business owners, contribute to making our employees feel as proud and valued in their work? The answer may lie in the concept of a fair wage.


A fair wage refers to remuneration that allows workers and their families to live decently, covering their basic needs such as food, housing, health, education, transportation, and recreation, among others. When employees receive a fair wage, they feel valued and appreciated, which generates a sense of pride and satisfaction in their work.


Preserving and promoting pride in work, exemplified so well by Norberto Cruz, is essential for building strong and sustainable companies. When employees feel valued and appreciated in their work, it generates positive emotions that translate into greater commitment, productivity, and quality in the work performed.


An emblematic example is that of Sherry Stewart Deutschmann, founder of LetterLogic, who implemented fair wage policies and active employee participation in decision-making. As a result, her company experienced sustainable growth, and her employees showed greater commitment and loyalty.


In her book “Lunch with Lucy: Maximize Profits by Investing in Your People”, Deutschmann shares her employee-centered business philosophy and methods. She argues that investing in people through fair wages and respectful work environments can improve company outcomes and have a positive impact on society.


When employees receive a fair wage, they feel valued and appreciated, generating a sense of pride and satisfaction in their work.


The story of Norberto Cruz, our retired bus driver, and Sherry Stewart Deutschmann, a successful businesswoman, may seem different, but they share a fundamental lesson: the importance of pride in work and the crucial role that fair wages play in fostering it. By ensuring our employees are fairly compensated, we're not just promoting their well-being; we're also building more prosperous companies and equitable societies.


When employees receive a fair wage, a sense of value and recognition is created that goes beyond the financial aspect. The emotional impact is significant. Feeling valued for the work done leads to greater commitment and job satisfaction. Additionally, pride in work is reflected in the quality of products and services offered, as well as in interactions with customers.


The story of Norberto Cruz is a living testament to how recognition and respect for his work generated tangible impact in his surroundings. People in the streets of Bahía Blanca not only greeted him, but also stopped their activities to express their best wishes. These types of interactions demonstrate the importance of the connection between employees and the community they serve.


Furthermore, the example of Sherry Stewart Deutschmann and her company, LetterLogic, is inspiring. Through her focus on fair wages and active employee participation in decision-making, Deutschmann managed to create a culture of pride and commitment, resulting in sustainable growth and a highly committed workforce.


By recognizing the importance of fair wages and pride in work, business owners can have a positive impact on their employees' lives and business success. This means not only meeting minimum legal requirements but going beyond to ensure fair compensation that reflects each employee's value and contribution.


When employees feel valued and appreciated, they take pride in their jobs, companies, and communities. By investing in employees and their well-being, we can build a more equitable and successful business future.


By Phillips J. Diaz-Vicioso, LL.M.


Further Reading:

  1. Lunch with Lucy by Sherry Stewart Deutschmann.
  2. More about Sherry Deutschmann.
  3. More about the story of Norberto Cruz.
  4. Fair Wages
  5. The effect of Fair Wages in the community.


The Lady with an Ermine (1489-1491) by Leonardo Da Vinci
By Phillips J. Diaz-Vicioso LL.M. January 12, 2024
"Extending the Family Circle" delves into the evolving legal recognition of pets as family members in Colombia, Panama, and El Salvador. Inspired by a landmark Colombian court case, this article explores how societal changes and global legal precedents could influence pet custody laws in these countries. It highlights the need for legal systems to adapt to the changing role of pets within families, ensuring their welfare is considered in divorce and separation cases. This shift towards more compassionate family law practices reflects a broader societal recognition of the deep emotional bonds between humans and their pets.
A friend in need (1903) by Cassius Marcellus Coolidge
By Phillips J. Diaz-Vicioso LL.M. October 6, 2023
Explore the evolving legal recognition of pets as more than property in familial disputes, focusing on the Dominican Republic's potential to adapt its laws in line with global trends. This article delves into the significant shift towards acknowledging pets as family members in custody cases, inspired by international precedents and a personal commitment as an animal lover. Learn about the challenges and opportunities in navigating pet custody and visitation rights within a legal framework that increasingly reflects our deep emotional bonds with our animal companions.
By Phillips J. Diaz-Vicioso, LL.M. May 30, 2023
Unlock the secrets to successful hiring with insights from leading experts in the field. Dive into our curated selection of articles and books that challenge conventional hiring practices and offer transformative strategies for finding the right talent. From Eric Garton's critique in HBR to Jim Collins's timeless wisdom in 'Good to Great,' learn how to avoid costly hiring mistakes, embrace the potential over perfection, and understand the real impact of employee turnover on business success. Perfect for entrepreneurs and business leaders aiming to build a resilient and thriving team for the future
By Phillips J. Diaz-Vicioso, LL.M. May 7, 2023
Discover how Napoleon Bonaparte's leadership strategies can revolutionize modern business practices in our latest article. Dive into the transformative wisdom of 'The Slow Fix' and explore how appreciation, effective communication, and empowerment not only built an empire but can also build a successful company. Learn from one of history's greatest leaders how to foster a loyal, motivated, and highly productive team. Join us as we uncover the lessons from a conqueror that can lead to satisfaction, loyalty, and unprecedented success in the business world today. Embrace the strategies that made Napoleon a legend in leadership and apply them to achieve your own business victories.
By Phillips J. Diaz-Vicioso, LL.M. May 2, 2023
Explore the transformative power of 'The Slow Fix' by Carl Honoré, where success is redefined through mindfulness and reflection. This review delves into how slowing down can revolutionize productivity and creativity in the fast-paced business world. Discover key strategies for mindful decision-making, the importance of quality over quantity, and the art of meaningful work relationships. Embrace a new approach to leadership and personal growth with insights from the forefront of the Slow Movement. Unlock the secret to achieving balance and effectiveness in both professional and personal spheres with 'The Slow Fix'
By Phillips J. Diaz-Vicioso, LL.M. April 25, 2023
Discover the key to boosting employee efficiency and business success with our latest insights on maximizing the utilization rate. Learn how strategic free time during work can enhance satisfaction, loyalty, and meet SLAs, while preventing burnout in successful companies. Explore evidence-based strategies from top studies by McKinsey & Company and Stanford University, demonstrating the significant benefits of balanced workloads on productivity and health. Embrace a modern approach to work management that keeps your team productive, motivated, and healthy. Dive into our comprehensive analysis to transform your workplace and achieve unparalleled performance.
By Phillips J. Diaz-Vicioso, LL.M. April 21, 2023
Unlock the Secret to Customer Satisfaction with PECUNIAM LEX SAS: Meeting deadlines isn't just a practice; it's a promise to our clients. Discover how our unwavering commitment to punctuality and effective project management fosters trust, loyalty, and business success. Dive into the world of PECUNIAM LEX SAS, where every second counts towards building lasting relationships and driving growth. Experience the difference reliability makes in the legal and business realms.
By Phillips J. Diaz-Vicioso, LL.M. April 18, 2023
A Venetian Festival, Canaletto, 1575.
By Phillips J. Diaz-Vicioso, LL.M. April 14, 2023
Crowned by Apollo, Andrea Sacchi, 1641
The Scouts (1902) by Charles Marion Russell
By Phillips J. Diaz-Vicioso LL.M. December 17, 2022
Explore the dynamic opportunities for company formation in El Salvador with our in-depth analysis. Beyond its groundbreaking adoption of Bitcoin as legal tender, El Salvador offers a strategic mix of benefits for businesses. This guide highlights the country’s strategic geographic location as a gateway to American markets, comprehensive trade agreements enhancing access to global markets, and a business-friendly environment conducive to growth. Delve into how El Salvador is paving the way for innovation in the digital and fintech sectors with its Bitcoin fiduciaries, licenses, and regulatory frameworks. Additionally, learn about the country's commitment to international trade through participation in agreements like CAFTA-DR and its association with the European Union, providing Salvadoran companies with preferential market access. Whether you're intrigued by the potential of cryptocurrency or seeking a jurisdiction with favorable trade conditions and a supportive business climate, El Salvador presents a comp
Show More
The Lady with an Ermine (1489-1491) by Leonardo Da Vinci
By Phillips J. Diaz-Vicioso LL.M. January 12, 2024
"Extending the Family Circle" delves into the evolving legal recognition of pets as family members in Colombia, Panama, and El Salvador. Inspired by a landmark Colombian court case, this article explores how societal changes and global legal precedents could influence pet custody laws in these countries. It highlights the need for legal systems to adapt to the changing role of pets within families, ensuring their welfare is considered in divorce and separation cases. This shift towards more compassionate family law practices reflects a broader societal recognition of the deep emotional bonds between humans and their pets.
A friend in need (1903) by Cassius Marcellus Coolidge
By Phillips J. Diaz-Vicioso LL.M. October 6, 2023
Explore the evolving legal recognition of pets as more than property in familial disputes, focusing on the Dominican Republic's potential to adapt its laws in line with global trends. This article delves into the significant shift towards acknowledging pets as family members in custody cases, inspired by international precedents and a personal commitment as an animal lover. Learn about the challenges and opportunities in navigating pet custody and visitation rights within a legal framework that increasingly reflects our deep emotional bonds with our animal companions.
By Phillips J. Diaz-Vicioso, LL.M. May 30, 2023
Unlock the secrets to successful hiring with insights from leading experts in the field. Dive into our curated selection of articles and books that challenge conventional hiring practices and offer transformative strategies for finding the right talent. From Eric Garton's critique in HBR to Jim Collins's timeless wisdom in 'Good to Great,' learn how to avoid costly hiring mistakes, embrace the potential over perfection, and understand the real impact of employee turnover on business success. Perfect for entrepreneurs and business leaders aiming to build a resilient and thriving team for the future
By Phillips J. Diaz-Vicioso, LL.M. May 7, 2023
Discover how Napoleon Bonaparte's leadership strategies can revolutionize modern business practices in our latest article. Dive into the transformative wisdom of 'The Slow Fix' and explore how appreciation, effective communication, and empowerment not only built an empire but can also build a successful company. Learn from one of history's greatest leaders how to foster a loyal, motivated, and highly productive team. Join us as we uncover the lessons from a conqueror that can lead to satisfaction, loyalty, and unprecedented success in the business world today. Embrace the strategies that made Napoleon a legend in leadership and apply them to achieve your own business victories.
By Phillips J. Diaz-Vicioso, LL.M. May 2, 2023
Explore the transformative power of 'The Slow Fix' by Carl Honoré, where success is redefined through mindfulness and reflection. This review delves into how slowing down can revolutionize productivity and creativity in the fast-paced business world. Discover key strategies for mindful decision-making, the importance of quality over quantity, and the art of meaningful work relationships. Embrace a new approach to leadership and personal growth with insights from the forefront of the Slow Movement. Unlock the secret to achieving balance and effectiveness in both professional and personal spheres with 'The Slow Fix'
By Phillips J. Diaz-Vicioso, LL.M. April 25, 2023
Discover the key to boosting employee efficiency and business success with our latest insights on maximizing the utilization rate. Learn how strategic free time during work can enhance satisfaction, loyalty, and meet SLAs, while preventing burnout in successful companies. Explore evidence-based strategies from top studies by McKinsey & Company and Stanford University, demonstrating the significant benefits of balanced workloads on productivity and health. Embrace a modern approach to work management that keeps your team productive, motivated, and healthy. Dive into our comprehensive analysis to transform your workplace and achieve unparalleled performance.
By Phillips J. Diaz-Vicioso, LL.M. April 21, 2023
Unlock the Secret to Customer Satisfaction with PECUNIAM LEX SAS: Meeting deadlines isn't just a practice; it's a promise to our clients. Discover how our unwavering commitment to punctuality and effective project management fosters trust, loyalty, and business success. Dive into the world of PECUNIAM LEX SAS, where every second counts towards building lasting relationships and driving growth. Experience the difference reliability makes in the legal and business realms.
By Phillips J. Diaz-Vicioso, LL.M. April 18, 2023
A Venetian Festival, Canaletto, 1575.
By Phillips J. Diaz-Vicioso, LL.M. April 14, 2023
Crowned by Apollo, Andrea Sacchi, 1641
Other articles by our staff
Share by: