Leadership

Why Time Bends for the Boss

The reason you're never as stressed about deadlines as your employees are, and more news about work in the latest Watercooler

Written by Staff

Every month, PROFIT and Canadian Business scour the landscape to find the most quirky, curious and (hopefully) useful workplace news you can apply to your organization. Here’s what we uncovered for our latest issue. (Illustrations by Kagan McLeod.)

Department of Superpowers

Time bends for the boss

According to a study from the University of California, Berkeley, being in a position of power influences your perception of time—namely that you have more of it. The study, a series of five experiments that involved 500-plus participants, concluded that the less power a participant had, the more likely he or she was to report feelings of insecurity about time. The study also indicated that one’s perception of available time led powerful people to be, in general, less stressed. Why do powerful people believe they have more hours in the day? Perhaps the control one has in other areas of life spills over to one’s sense of time. Moreover, if time really is money, it’s another way your boss is richer than you.

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Language Lesson

“Bae”

Definition: An unnecessary abbreviation of “baby” or “babe.” We can thank Pharrell Williams, whose late-summer hit, “Come Get It Bae” (featuring Miley Cyrus), brought the word to the mainstream.

Sentence: “I told her you’re my work bae. Everyone has a work wife.”

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Dear Al Rosen:

I own season Leafs tickets. Are income taxes payable on profits from selling some of them?

*Unless you’re a frequent scalper (and so long as you avoid selling to tax auditors)

(Al Rosen is director of forensic accounting with Accountability Research Corp.)

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Statistically speaking

Here’s a statistical argument for the business fist bump. Germ exposure compared to not touching:

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The Serious Chart

What we’re celebrating in October:

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Power Move

Say my name

“Some say repeating a person’s name in conversation is a power move, but names are like currency: If you print too much of it, you devalue it. If you’ve used it more than, say, three times, you’ve probably printed too much. Eye contact is more important.”
Mark Bowden, expert in human behaviour and body language, and president of Truthplane, a communications training company.

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The moral majority:

Have you ever told a colleague that you never received an e-mail that you really just ignored?

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Another reason to be kind to high school weirdos:

“Of the six people who built PayPal, four had built bombs in high school.”
Zero to One: Notes on Startups, or How to Build the Future, by PayPal co-founder Peter Thiel (Crown Business, $32)

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Ask a Zamboni Driver:

Have you ever crashed?

“It was during an NHL game, in my early days. As I was making a turn behind the net, the back end of the machine bumped the boards a little bit. I went in too deep towards the boards as I was making my turn, and I just bumped it a bit, but it kind of shocked the people who were sitting there. Driving a Zamboni takes a lot of concentration.”
€“Anthony Kirkpatrick, ice technician at the Air Canada Centre in Toronto

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And finally€¦

This month’s excuse:

“I can explain the extra bandwidth. October is the only month all five professional sports leagues play—and Say Yes to the Dress is on.”

The Watercooler appears in each issue of Canadian Business. Subscribe now!

Originally appeared on PROFITguide.com