Happy And Succeeding: For Those Who Have Blind Ambition To Achieve Great Things
Our Weekly Roundup
Follow The Incentives And That Will Tell You Everything You Need To Know About A Company’s Culture
It seems to workers that upper management’s strategies and actions are often cloaked in mystery, as they secretly plot in their buttressed conference rooms while employees are left on the outside looking in. To understand why your managers do certain things, you need to follow the incentives offered by the organization and its corporate leadership. For example, if employees are financially incentivized to carry out unethical practices by being given a huge bonus, it will appear to everyone else that this is the standard for conducting business. The incentive for breaking the rules creates a corporate culture of doing questionable activities in pursuit of profits at all costs without concern over the repercussions.
Dead-End Jobs And Meaningless Work Will Make You Feel Miserable
One of the biggest challenges that workers face is the proliferation of go-nowhere, dead-end jobs. People need to commute long distances to go into a sterile office building and spend their days doing what feels like meaningless tasks that add little or no value to the company or society. During the Great Resignation up until fairly recently, there have been numerous waves of workplace memes, such as acting your wage, bare minimum Mondays and quiet quitting. The sentiment behind those viral catchphrases was that the boss and company are oppressors, and workers should find any means to shirk responsibilities and do their best to coast and cyberloaf throughout the day.
Strapped For Cash, More Americans Are Making Early Withdrawals From Their Retirement Savings
In need of emergency cash, Americans are increasingly withdrawing from their retirement savings, according to a recent Bank of America Q2 2023 Participant Pulse Report. Many adults in the United States are prioritizing short-term expenses over their long-term savings. Data analysis from the survey showed that the number of 401(k) participants taking hardships distribution surged 36% year-over-year, following an uptick in Q1. Additionally, the rate of people borrowing from their workplace plans increased in Q2.
FDIC Chair Gruenberg Calls For Tougher Regulations On Large Regional Banks
The chair of the Federal Deposit Insurance Corporation wants more aggressive oversight of large regional banks. Martin Gruenberg said the FDIC plans to propose a rule that would require banks with more than $50 billion in assets to provide certain information in the contingency plans they’re required to submit to regulators, outlining what they’ll do in case their institution runs into trouble.
White-Collar Workers Face Hyperspecialization, Fewer Job Openings And Threats To Their Job Security
The recent news of UPS drivers earning $170,000 created a stir, as tech professionals took umbrage over how much the blue-collar workers were earning. The headlines didn’t tell the whole story: the $170k will consist of base pay, pensions, benefits, overtime and other criteria. Nevertheless, white-collar, college-educated office workers felt an existential threat over how the labor market is starting to change—not in favor of the laptop class.
Skirt Lengths, Lipstick, Men’s Underwear And Champagne Sales Are All Recession Indicators
There are several dry, specific metrics used by economists and Wall Street prognosticators to predict when a recession will happen. They center around economic activities, gross domestic production and yield curves. However, for those who are not interested in or shy away from economic jargon and insider explanations predicting a recession, there are a number of amusing and quirky ways for the average American to gauge the odds of an upcoming recession.
As Summer Comes To A Close, Here’s How You Mentally Prepare For A Return To The Daily Work Grind
Across America, students are gearing up for another school year. Simultaneously, adults are also getting into that same back-to-school mindset. You feel summertime slipping away and the end of three-day weekends, vacations, and a generally slower pace at the office, as your colleagues begin to trickle back into the office. Now is when it dawns on you: that slow pace of mid-to-late August will soon pick up steam. Once the summer ends and September starts, there’s a tacit acknowledgment that it is time to gear up for the daily grind.
SEC’s Whistleblower Chief Manages Growing Pains as Program Gains Popularity
Nicole Creola Kelly has worked at the Securities and Exchange Commission for a quarter-century in a variety of roles. Now, as head of the agency’s whistleblower award program, she is facing perhaps her biggest challenge: critics who say the program favors those with connections to the regulator.
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.
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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.