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Companies are increasingly dropping four-year college degree requirements for their jobs and putting more emphasis on experience. And that is not just entry-level jobs.
A third of those who dropped degree requirements did so for senior-level roles, a recent survey found. READ MORE
One of the biggest challenges managing in a hybrid work environment is finding ways to accurately assess performance. With some employees working most of the time at the office and others working most of their time remotely, it’s essential that evaluations are not unduly influenced by the amount of time a manager sees his or her employee face-to-face. READ MORE
High inflation, rising interest rates, rampant regulations and ongoing supply chain problems are forcing small companies to make sacrifices just to survive, several small business owners in West Virginia told House lawmakers on Monday.
Members of the House Ways and Means Committee traveled to Petersburg, West Virginia, on Monday to hear directly from small business owners there about the difficult reality they face thanks to rising costs and the ever-present threat of more federal regulations. READ MORE
Elon Musk is tired, his back hurts and his mom wants him to get some sleep.
“I had trouble sleeping last night, so unfortunately, I’m not at my best,” the billionaire entrepreneur recently told a lawyer during a trial in San Francisco. Later, Mr. Musk added: “I’m sorry for squirming around. I have quite severe back pain.” READ MORE
Over the last three years, managers have taken on incredible loads: from the emotional strains of the pandemic to the challenges of social unrest to the fear and difficulties of returning to the office. And now, here they are, watching their colleagues and employees get laid off, knowing they will have to pick up the pieces of what is left behind.
Is it any wonder that managers are less engaged and effective READ MORE
There has been a lot written about the emergence of ChatGPT and the impact it will have on everything from college term papers to journalism to HR. It’s a fascinating topic that simultaneously fills me with both amazement at the technology and a sense of dread about what it means to the human condition. READ MORE
Rising prices are taking a bite out of Americans' budgets and market volatility is hammering their portfolios, leading many to reassess their plans for retirement.
A majority now plan to remain in the workforce longer than they originally planned or have abandoned the idea of leaving it altogether. But with the added threat of further layoffs, older Americans are increasingly looking to gig work to make ends meet, according to new data from AARP. READ MORE
Companies have long used contingent workers to help address workforce challenges—and the demand is now greater than ever.
Today, with the rise of remote and hybrid work, organizations can more easily expand their searches for talent in different markets, countries and populations—and this has also enabled companies to engage temporary and other types of contingent workers, a critical source of talent to help organizations confront the Great Resignation and quiet quitting. Staffing companies in the U.S. engaged 2.7 million temporary and contract workers per week on average in the first quarter of 2022. READ MORE
Three years after the start of the pandemic, remote work is becoming a permanent fixture among American middle market businesses, according to a recent survey.
What began out of necessity early in the pandemic has become a preference—and middle market businesses, desperate to attract and retain employees, are going along. READ MORE
As 2022 came to a close, I was enjoying a year-end reflection session with an executive client, whom we’ll call Logan. As we looked back over his accomplishments for the year, he said something that utterly astonished me: “You know, I was almost happy.” Probing into what he could have possibly meant, he reflected that despite having met or exceeded nearly all his goals, he was obsessed with the one goal he fell short on (which, frankly, was inconsequential to his year’s runaway success). I thought we’d met to revel in the many fruits of his hard work. Instead, his ability to feel well-earned joy was hijacked by only partially achieving one of his goals. READ MORE
For years, we’ve heard of the potential challenges artificial intelligence posed for multiple industries. Now, as Microsoft’s partnership with OpenAI blossoms, experts are signaling a potential new threat to white-collar workers and the tech industry.
Hudson Institute senior fellow Arthur Herman warned FOX Business that OpenAI’s program, ChatGPT could push the country into a "different kind of credential society." READ MORE
There’s an eerie similarity to the statements tech companies have made about their recent layoffs. Mainly, if the press releases are to be believed, the C-suite of every Big Tech company on Earth — well, with the notable exception of Apple, which has not announced layoffs — figured no one would ever go outside or spend money offline again after the pandemic and their various online businesses would stay just as big as they were during the heights of covid. READ MORE
There’s no doubt employees across the country have been pulling back at work.
Labor productivity slowed in 2022, according to the U.S. Bureau of Labor Statistics. The government agency comes up with this measurement by taking output per hour and dividing that number by an index of all the workers — paid and unpaid. READ MORE
The tech industry is reeling from a seemingly nonstop parade of layoffs across Silicon Valley and beyond.
And we're not talking small numbers either. READ MORE
You commute to the office only to find your security badge no longer works.
You log on to your work computer and are denied access.
A pre-dawn email arrives that you miss — especially if it’s sent ahead of a major holiday.
A dispassionate Zoom call is held with hundreds of people.
You get an automated call.
Or — surprise! — you get a severance payment for the job you thought you still had. READ MORE
Mr. Wonderful has his finger on the pulse of small business innovation — and is claiming that states like New York, Massachusetts and California no longer do.
Millionaire entrepreneur and television personality Kevin O’Leary called out Sen. Elizabeth Warren, D-Mass., by name Friday on "Varney & Co.," as well as other anti-business leaders, for punishing American success. READ MORE
"Slashing," or engaging in several vocations simultaneously, is not a new phenomenon. Employees have long pursued side hustles and interests outside their 9-to-5 routine, making names for themselves as writers/musicians, bankers/freelance designers, and coders/photographers. But slash careers are on the rise. According to a recent survey from software company Zapier, 40 percent of Americans dabbled in a side hustle in 2022, compared to 34 percent in December 2020. That's a boon to employers. READ MORE
In January 2021, Microsoft CEO Satya Nadella spoke in lofty terms about how the first year of the pandemic had sparked a staggering shift toward online services, benefiting his company in the process. “What we have witnessed over the past year is the dawn of a second wave of digital transformation sweeping every company and every industry,” he said. READ MORE
Dotdash Meredith, the publisher that houses well-known brands such as People, Better Homes & Gardens, InStyle, Travel + Leisure, and others, will lay off 7% of its staff, the company’s chief executive said Thursday.
It’s the latest example in a brutal wave of layoffs that have consumed the media and technology industries. READ MORE
Last month, Larry Page and Sergey Brin, Google’s founders, held several meetings with company executives. The topic: a rival’s new chatbot, a clever A.I. product that looked as if it could be the first notable threat in decades to Google’s $149 billion search business. READ MORE