Even as freshmen nervously arrive on campus for the fall semester, policymakers are grappling with what they say has become an “alarming” decline in the number of high school graduates willing to invest the time and money it takes to go to college. READ MORE
IRS faces online uproar over special agent job posting requiring ability to use deadly force 'if necessary'
An online job posting for special agents within the law enforcement branch of the Internal Revenue Service (IRS) is causing a stir on social media, as Congress prepares to pass a spending bill that would greatly expand the federal agency.
A link to a job posting for "Criminal Investigation Special Agents" appeared to have been briefly deleted on Wednesday, following online criticism of the posting's language, though it reappeared back online after a FOX Business inquiry to the agency. READ MORE
Congress made a liar out of Biden with Inflation Reduction Act
President of Americans for Tax Reform Grover Norquist blasted Joe Biden, accusing the president of lying to Americans as the Inflation Reduction Act hits the middle class with taxes - contrary to his pledge not to raise taxes.
"If you tax a corporation, who pays for it? Workers in lower wages," he told "Mornings with Maria" on Tuesday, noting that consumers will be forced to pay more given higher prices will be a result of the legislation; investors in their 401(k) plans and Individual Retirement Accounts (IRA) will be facing lower stock prices because of the bill. READ MORE
Smart Prep for the SEC’s Corporate Climate Risk Disclosures Rules
Climate risk is financial risk, according to the Securities and Exchange Commission, and publicly traded companies are on the precipice of having to disclose how they’re safeguarding against these challenges.
The agency aims to aid investors by helping them more clearly understand and quantify how companies are managing climate issues, and what impact those decisions might have on a company’s stability and bottom line. READ MORE
Trying to keep talent in the fold? It’s time to think big picture
When it comes to keeping talent of various workplace generations from jumping ship in today’s turbulent times, “show me the money” is far from the only thing employees are thinking, according to a new survey. READ MORE
The Great Resignation turns to the Great Regret
The fact that workers regret quitting during the Great Resignation underscores a more significant issue: worker needs are not getting met. READ MORE
Kyrsten Sinema wants to snuff out stock buybacks by adding an excise tax. Here’s why that would hurt regular shareholders
The compromise that the Senator Kyrsten Sinema (D-AZ) forged with fellow Democrats to clear passage for the Inflation Reduction Act of 2022 includes a pivotal provision that could upend the way companies are run, and how they reward the 53% of America’s families that own stock. To pledge her vote, Sinema demanded that the bill include a 1% excise tax on share repurchases that now reign as far and away the top vehicle for returning cash to equity investors. READ MORE
Why returning to the office is in your best interest
The "Blink" and "Outliers" author told the host, Steven Bartlett that people should return to the office to regain a "sense of belonging."
"It’s very hard to feel necessary when you’re physically disconnected," Gladwell said. "As we face the battle that all organizations are facing now in getting people back into the office, it’s really hard to explain this core psychological truth, which is we want you to have a feeling of belonging and to feel necessary." READ MORE
Why a recession might not mean huge job losses
Most recessions in US history have been accompanied by severe job losses and high unemployment rates, but this time may be different. Should a recession take hold in the US, the ongoing labor shortage may be the key to protecting vulnerable workers in what may prove to be a "job-full" recession. READ MORE
Elon Musk's empire: Tesla, SpaceX and possibly Twitter
Elon Musk's empire has been in the spotlight over the years as his fame — and bank account — continue to grow.
From Tesla to Solar City to The Boring Company and his new interest in Twitter, Musk is noted for his ingenuity, expertise and accomplishments. READ MORE
July jobs report 'scorcher' raises odds of another super-sized Fed rate hike
The sizzling-hot July jobs report could force the Federal Reserve to continue raising interest rates at the fastest pace since 1994 as it tries to crush inflation and cool the labor market. READ MORE
How to Get Your Team on Board with a Major Change
George, head of the Asia Pacific region for a global industry leader, was running the annual meeting of his group’s 300 executives and managers. After reviewing the year to date and addressing the changing context for the coming year, he was heading for the usual wrap up. This time, however, he had a key decision to share with his people, a decision he told us he felt both resolute in and nervous to share. Their operating model — the model that everybody knew and understood and that guided every interaction — needed to change. READ MORE
Inside EY’s $22 million strategy to get workers back into the office
When EY was trying to get its employees to return to the office earlier this year after years of remote working, it, like many other employers, didn’t quite know where to turn. While a survey of its workers found that many wanted to be in the office part-time—say, a couple of times a week—the company wasn’t seeing that desire reflected in the number of workers actually showing up in the office. READ MORE
What Employers Should Have Learned From The Great Resignation
There is no denying that the world has shifted during the height of the pandemic. In the years 2020 to 2021, there has been a historic record of employee turnover, and this incident occurred globally. During this period of uncertainty, it has coaxed individual workers to re-evaluate their employment obligations and priorities. READ MORE
Massive jobs surprise: US economy added 528,000 jobs in July
The US economy added 528,000 jobs in July, according to data released Friday by the Bureau of Labor Statistics, far surpassing economists' expectations. READ MORE
Hybrid work is looking like a silver bullet
The man who predicted the working from home revolution long before the pandemic has a recommendation for employers looking to keep their workers around and happy—let them spend some time at home. READ MORE
At Software Startups, Remote Hiring Rules. For Other Sectors, Not So Much
If you want a job at one of the hottest American startups, there’s a decent chance it’ll be an on-site gig.
However, if it’s a software company whose output is fully digital, the likelihood of remote work goes way up. READ MORE
Most employers still require college degrees, but for how much longer?
College degrees still matter to employers. And while that might be a great sign for higher education, it might not be the best measure to solve the jobs crisis in America.
The new Employability Report released by Cengage Group shows that 62% of all employers surveyed still believe a degree is a must-have for their candidates, despite the fact that less than 40% of all adults in the U.S. have a bachelor’s degree and many have the skills to do the required work via other credentials. READ MORE
Employers are giving workers the WFH days they want
More than two years after the start of the covid-19 pandemic, US workers are closer than ever to getting the remote-work arrangements they want.
In late 2020, the gap between how many work-from-home days workers wanted and how many remote days hybrid employers were planning was 1.38 days, according to a monthly online survey from WFH Research, a project that has been tracking workplace attitudes and worker arrangements each month since May 2020. By June 2022, that gap had narrowed to 0.44 days. READ MORE
Are You Too Responsible?
Taking responsibility is an essential element of strong leadership. As we are often reminded, “The buck stops here” and “Leadership is taking responsibility while others are making excuses.” READ MORE