How Trump's second White House term could impact the economy

It hasn't even been a week since Donald Trump was declared the winner of the 2024 presidential election, and investors have high hopes for the president-elect's second term in the White House. All three major stock indexes and the price of bitcoin all hit record highs on Monday, and the dollar surged.

While some experts are predicting that Trump's second term will bring an economic boom to the U.S., others are warning that the president's agenda will have a varying impact depending on industries. READ MORE

Trump 'won fair and square': Business leaders from Mark Cuban to David Sacks react to election result

Top business leaders, investors, and philanthropists have been reacting to Donald Trump's victory in the presidential election.

Fox News called the race early Wednesday morning. A little under four hours later, projections from CNN and other news organizations put Trump over the 270 Electoral College votes needed to win the presidency.

Throughout the campaign, Silicon Valley has been divided on which candidate to back. READ MORE

Top 5 Workforce Priorities For Leaders In 2025

As organizations evolve and face new challenges, leaders and managers are preparing to tackle pressing workforce priorities that will shape the future of work. Based on our data and experience at EXCELR8, and supported by extensive research conducted by Gartner, these priorities reflect the most significant areas HR leaders (and all leaders in the organization) need to focus on to remain competitive, retain top talent, and drive business outcomes. Below are the top five workforce priorities leaders must incorporate into their strategic imperatives for 2025. We highlight the key trends that will influence human resources strategies moving forward. READ MORE

Smart RTO Policies Can Offer Flexibility and In-Person Benefits

Return-to-office mandates can definitely influence employees’ perceptions of their employers. A study this year from the University of Pittsburgh’s Katz School of Business reported that S&P 500 companies’ mandates caused “significant declines in employees’ ratings of overall job satisfaction, work-life balance, senior management, and corporate culture.”

Both employers and employees making the RTO transition should consider seeking more opportunities for learning substantive and “soft” skills and relationship-building, while offering some of the flexibility that remote work has allowed. READ MORE

Ghost jobs are wreaking havoc on tech workers

If you’ve recently been laid off and have started the arduous process of looking for a new job, you’ve probably seen them on networking platforms like LinkedIn: postings for roles that are 30 days old, maybe more, with suspiciously wide salary ranges. They usually have hundreds, or even thousands, of hopeful applicants vying for the same position, but if you do a quick cross-check and notice that the role isn’t posted on the company’s actual website — or any of their social media pages — you should probably stop drafting that cover letter, because it’s possible they’re not hiring at all.  READ MORE

Forget Work-Life Balance. It’s The Future Of Less Work

For decades, work was governed by an unspoken social contract. Employees would trade their time, loyalty, and often large chunks of their personal lives for financial stability and upward mobility. The classic metrics of success—long hours, climbing the corporate ladder, and devotion to a single employer—were considered badges of honor. But today, that contract is being rewritten. The signs are everywhere: people are challenging the very foundation of what work should be, rejecting the notion that more time spent equals greater success. Instead, workers are pushing for a new arrangement—one that reflects a future of less work. READ MORE

The 3 most undesirable traits of leaders—and how to fix them

We have all been there before: A micromanaging manager who does not trust employees to carry out their job roles competently. An unempathetic manager who only has her self-interests at heart and does not recognize the feelings of others. An inarticulate manager with poor communication skills who encourages a culture of non-transparency and second-guessing.

For organizations with workplace leaders who demonstrate these undesirable traits, are they at risk of losing their best talent? Are employees really leaving managers and not organizations? READ MORE

AI in the Workplace: Answering 3 Big Questions

In November 2022, OpenAI launched ChatGPT, marking a new era in artificial intelligence. Since then, corporate investment in AI has soared, with businesses aiming to boost productivity. According to Gallup’s latest study on AI adoption, 93% of Fortune 500 CHROs say their organization has begun using AI tools and technologies to improve business practices.

However, most workers remain unaware of these efforts. Only a third (33%) of all U.S. employees say their organization has begun integrating AI into their business practices, with the highest percentage in white-collar industries (44%). READ MORE

Elon Musk’s X is worth nearly 80% less than when he bought it

The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity.

X no longer trades publicly after Musk shelled out $44 billion to take it private in October 2022.

However, Fidelity discloses what it believes is the value of its shares of X, and those estimates serve as a closely watched barometer for the overall health of the company. READ MORE

After Employee Died at Her Desk, Union Slams Wells Fargo for Allegedly Ignoring Her: ‘Went Unnoticed’ for 4 Days

Following the death of 60-year-old Wells Fargo employee Denise Prudhomme, who was found dead days after clocking into her Arizona office in August, one union didn't mince words when it came to the company.

In the statement, obtained by The Arizona Republic and NBC affiliate KPNX, a union that represents Wells Fargo workers said, "We are saddened and outraged by the devastating tragedy and loss of our coworker, Denise Prudhomme, who worked as a Business Execution Consultant in Corporate Banking in Tempe, Arizona." READ MORE

CEO exits up at unprecedented rate, study finds

Chief executives are leaving their posts at a higher rate than last year, when CEO departures hit an all-time high.

The latest CEO Turnover Report from coaching firm Challenger, Gray & Christmas found that 1,450 CEOs had announced their exits as of the end of August, marking the highest-year-to-date total on record. That is up 15% from the 1,261 departures recorded by the same time period last year, which was the previous year-to-date record. READ MORE

Employees voted on the worst workplace jargon. Here’s the number-one phrase that annoys your coworkers

The modern workplace is getting harder and harder to navigate. Between mass layoffs, return-to-office mandates, long hours, and the constant barrage of Slack pings and emails, it’s no wonder workers love to hate their jobs.

But if you’ve survived the latest org “restructuring,” with its “realigning,” “redefining,” and “downsizing,” you’ll probably agree that one of the most annoying things about working today is all the corporate jargon. Simply put, telling your boss you’ll “circle back” or “put a pin in it” is cringe. READ MORE

Which companies have dropped DEI so far?

Sometimes, diversity, equity and inclusion work is a matter of compliance. Sometimes, it’s a matter of building a culture of inclusion and belonging. Four years out from the summer of anti-racism and unconscious bias trainings, employers are still grappling with the best approach to DEI. 

The Society for Human Resource Management eliminated “equity” from its acronym — although a SHRM staffer previously told HR Dive that conversations about the program name are a “distraction” from inclusion work. READ MORE

Chipotle, Amazon, and Uber All Land on New York City's 'Employer Wall of Shame'

New York City released its first wall of shame for employers in the Big Apple that includes the likes of Chipotle, Uber, Amazon, alongside plenty of other big names. 

New York City Comptroller Brad Lander released the list in early September, along with a dashboard that compiles employers within New York City that have violated some type of labor law. This encompasses everything from harassment and wage theft to union busting efforts and offering unsafe working conditions. READ MORE