Happy And Succeeding: For Those Who Have Blind Ambition To Achieve Great Things
Our Weekly Roundup
Why We Find Ourselves Constantly Exhausted From Work
Workers are feeling exhausted and burned out. The lack of job security, concerns over finances, dealing with toxic co-workers and bosses, long working hours, disrupted remote and hybrid work routines and blurred work-life boundaries lead to stress and anxiety. This causes workers to feel exhausted, tired and worn out. Nearly six out of 10 labor participants in the United States self-reported feeling at least moderate levels of burnout, according to a 2023 Aflac report on workplace trends and attitudes.
Your Company’s High Employee Retention Rate Could Be Masking An Ugly Truth
There is a disconnect between what the CEO thinks is happening and what is really going on within an organization. Corporate leadership may boast about their high employee retention rate. The C-suite executives pat themselves on their backs, as fewer workers voluntarily separate from the payroll, contending that they’re doing a great job and their workers are happy.
How Corporate ‘Greedflation’ Contributes To Higher Consumer Costs And Job Losses
The United States Federal Reserve Bank has been hiking interest rates to combat runaway inflation, but there’s another force adding to higher prices—corporate greedflation. “Greedflation” is a relatively new pejorative term accusing companies of leveraging their power to price-gouge and reap excessive profits. Some of the largest S&P 500 companies in the U.S. have openly acknowledged that they’re benefiting from increased prices, according to a recent report by Accountable.US.
Credit Card Debt Hits A Record $1 Trillion As Americans Face Increasing Costs And Financial Insecurity
Credit card debt has topped $1 trillion for the first time on record, according to a recent survey from the Federal Reserve Bank of New York. The latest Quarterly Report on Household Debt and Credit showed an increase in credit card balances by $45 billion to $1.03 trillion, while total household debt reached $17.06 trillion. This data can have significant implications for Americans.
SEC Charges 11 Wall Street Firms with Widespread Recordkeeping Failures
The Securities and Exchange Commission today announced charges against 10 firms in their capacity as broker-dealers and one dually registered broker-dealer and investment adviser for widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications. The firms admitted the facts set forth in their respective SEC orders. They acknowledged that their conduct violated recordkeeping provisions of the federal securities laws, agreed to pay combined penalties of $289 million as outlined below, and have begun implementing improvements to their compliance policies and procedures to address these violations.
The Great Wealth Transfer From Baby Boomers To Millennials Will Impact The Job Market And Economy
Baby Boomers were in the right place at the right time. Following World War II, this generation experienced immense economic growth and prosperity. The state of affairs afforded them the golden opportunity to accumulate much wealth in their lifetime. Boomers—born between 1946 and 1964—are currently the wealthiest generation on the planet. Their mean net worth falls between $970,000 to $1.2 million, according to Fortune.
How To Spot A Co-Worker Who Has ‘Main Character Syndrome’
Main character syndrome is a term made popular on TikTok to describe a tendency among people to view themselves as the lead character in their own life story. People with main character syndrome tend to be self-centered and self-absorbed, making it difficult to work collaboratively with others. It’s often associated with negative traits, such as narcissism and entitlement.
How ‘Labor Hoarding’ Can Save Jobs Yet Cause Problems For Workers
Labor hoarding is a corporate practice where businesses keep more workers on their payroll than they strictly need. Employers will hold on to their talent tightly if the future of the business looks uncertain, there are concerns about competition or a desire to avoid layoffs. It can impact the job market, as labor hoarding keeps unemployment rates low as businesses hold off on letting people go.
Coachero: Career Advising
As the CEO, founder and executive recruiter at one of the oldest and largest global search firms in his area of expertise, Jack Kelly has diligently worked placing top-tier professionals for the last 20 years. As a proponent of career growth, Jack is thrilled to have the opportunity to personally share career-advancing advice with you in an honest, straightforward, no-nonsense manner. As your career coach, Jack will help you with every aspect of your job search or career growth plan, offering real support and professional guidance.
Book Jack Kelly As Your Next Keynote/Guest Speaker
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Media Inquiry
Jack Kelly is available to discuss a broad range of topics, including, but not limited to: the job market, the state of recruiting, trending news stories and career advice. He has appeared on CNBC, MSNBC, NBC, FOX, CBS, BBC and NPR. Jack has been quoted in the the Wall Street Journal, Washington Post, Economist, INC., New York Post and more.
About Jack Kelly
Jack Kelly is the CEO, founder, and executive recruiter at one of the oldest and largest global search firms in his area of expertise. He has personally placed thousands of professionals with top-tier companies over the last 20-plus years. Jack is passionate about advocating for job seekers. In doing so, he founded a start-up company, WeCruitr, at the beginning of the Covid-19 pandemic. The mission of WeCruitr is to help people in need and make the job search more humane and enjoyable. As a proponent of career growth, Jack shares his insider interviewing tips and career advancement secrets as a Senior Contributor for Forbes. He also covers timely topics related to corporations, high-profile people, Wall Street, politics and other important matters. The pieces offer insight into the news and how it may impact your career. Jack is the author of Happy and Succeeding in Your Job Search and How To Get A Job In Tough Times, as well as the co-host of the Blind Ambition podcast.