Turnabout is fair play, I guess, as Wayne Cascio, winner of the $50,000 Michael R. Losey Human Resource Research Award, promptly donated $10,000 back to the SHRM Foundation, on whose board he has served for eight years.
The Foundation, along with the HR Certification Institute and SHRM itself, selected Cascio because of his “high-impact contributions to both academia and the practice of HR,” said Howard Winkler, chairman of the HRCI board of directors.
He cited Cascio’s research on the the effect of downsizings, which “often fail to achieve [their] objectives,” as well as his research on virtual teams, women in global assignments, and the correlation of age and job performance, as well as his extensive outreach efforts to HR practitioners.
William Schiemann, chairman of the Foundation’s board of directors, spoke of Cascio’s work on trust, ethics and global issues, calling him a “great thinker, a wonderful humanitarian, a colleague of so many and someone I cherish to personally call a friend.”
During his brief remarks, Cascio lauded the namesake of the award, “who tirelessly has promoted the use of HR management practices that are informed by established research factors.”
And in donating back one-fifth of his award, he recited the words of Winston Churchill: “We make a living by what we get. We make a life by what we give.”