Happy And Succeeding In The Future Of Work
Telltale Signs That Your Workers Are Ready To Quit
If it comes as a surprise that your employee tendered their resignation, you weren’t paying attention. People don’t just quit on a whim. The decision has been simmering and building up for a long time. An empathetic supervisor would have seen the red flags early on and taken proactive measures to remedy the situation. There is no excuse for a manager to miss out on the signs of an employee who is unhappy and disconnected. The Great Resignation trend has empowered 4 million workers to quit their jobs on a fairly regular basis. The massive attrition rate of workers should have every boss on high alert.
Fidelity Investments Adding 12,000+ New Jobs; on Track for Third Consecutive Year of Record Hiring
Fidelity Investments one of the industry’s most diversified and largest financial services companies committed to strengthening and securing its clients’ financial well-being, today announced the creation of more than 12,000 new jobs to be filled by the end of the third quarter. The jobs will put the company on track to meet or exceed its hiring in 2021, which saw 16,600 new hires – more than double the 7,200 associates hired in 2020. These increases come as Fidelity sustains growth across its market-leading businesses, including in assets under administration, daily trades, and advisory assets.
An Amazon Employee Got An 11% Raise As Part Of A Companywide Pay Hike, But Says It’s Not Enough: ‘It’s Just Not Worth It To Stay Here Any More’
Amazon is doubling its maximum base pay to draw new hires and retain talent, but some employees say the subsequent raises still aren’t enough to keep workers at the company as it faces a wave of attrition. Insider reported Wednesday that some of the e-commerce giant’s employees are disappointed with the company’s compensation overhaul. Several workers told Insider the raises don’t amount to much of a boost in the end, given record inflation, which recently hit a 41-year high. Prices for consumer goods have risen nearly 8.5% in the past year, according to the Bureau of Labor Statistics.
Searches For “Burnout” Are At An All-Time High
Are we feeling more burned out than ever? According to Google Trends, which since 2004 has collected data on what the world is searching for, queries for “burnout”—from work, life, and school—are at an all-time high in the US. The pandemic has exacerbated a trend that was already in evidence: Searches for “burnout from life” began to rise around 2017, but in 2020 they skyrocketed. Burnout from work and school—whether that’s homeschooling kids or attending school oneself—also saw big increases.
What Is Cryptocurrency’s Role In The Future Of Work?
Cryptocurrency – the most famous example of which being Bitcoin – is a decentralized digital currency that does not depend on traditional institutions, such as the government, to maintain its use and exchange rates. As it stands, most places of work do not offer cryptocurrency of any sort as compensation. The legal status of cryptocurrency is somewhat ambiguous, and regulations on it are quite likely given its high environmental costs and its potential for facilitating fraud and illegal marketplaces.
What Ford, A 9-to-5 Workweek Pioneer, Is Learning About The Hybrid Office
After several setbacks and delays due to the Covid-19 pandemic, Ford Motor Co. finally started to welcome its salaried workforce back to its offices earlier this month. It also came alongside a significant shift in workplace policy from the company that helped establish the traditional five-day, 40-hour workweek as the norm: the start of its new hybrid work model where non-site-dependent employees could work flexibly between a Ford campus location and remote.
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 How To Get A Job In Tough Times, as well as the co-host of the Happy And Succeeding In The Future Of Work podcast.