To retain top talent, in addition to pay, you need to treat people with respect, show appreciation, gratitude and empathy and offer a career path forward within the organization.
Twitter CEO Takes Heat From Employees Over Musk Takeover
Twitter CEO Parag Agrawal fielded heated feedback from employees during a Friday meeting over Elon Musk’s recent purchase of the company, according to Reuters. The feedback came during an internal town hall, which Reuters gained access to. “I’m tired of hearing about shareholder value and fiduciary duty. What are your honest thoughts about the very high likelihood that many employees will not have jobs after the deal closes?” one Twitter employee asked Agrawal.
Citi Says A Trader Error Caused Europe’s ‘Flash Crash.’ Here’s How It Unfolded
A so-called flash crash in European markets on Monday prompted several indexes to tumble sharply, sparking alarm among investors on a day when trading was thin due to public holidays around the world.
Job Openings And The Level Of People Quitting Their Jobs Reached Records In March
Employment openings exceeded the level of available workers by 5.6 million in March while a record number of people quit their jobs, the Labor Department reported Tuesday. The level of job postings hit 11.55 million for the month, also a fresh record for data that goes back to December 2000, according to the Job Openings and Labor Turnover Survey. That was up 205,000 from February and representative of a jobs market still historically tight.
What Should The Office Of The Future Look Like?
Many managers want employees to return to the office. Many employees don’t want to go back. So if leaders are going to get their employees to return—and be happy about it—they need to make a strong case for the purpose of the office and the type of work that can best be done in person. They also need to rethink what the physical space looks like. After all, it’s easy to make a list of the problems: long commutes, lack of natural light, no privacy, and open-office layouts that make it hard to focus.
What Makes People Happiest In The Workplace In 2022? Hint: It’s Not The Salary
Over 38 million people quit their jobs in 2021, with more projected to leave this year as part of The Great Resignation. What this shortage has done is pose a new challenge for employers to not only hire quickly but retain the workers they have by optimizing job satisfaction — and we’re not just talking about ping pong tables and the occasional company parties. But what new research has shown is that workplace flexibility plays an overwhelming factor in employee retention.
Gary Gensler Has Become Crypto’s Enemy No. 1. Does He Care?
In April, SEC Chair Gary Gensler gave a cautious assessment of crypto: “lots of innovation, but plenty of hype.” Ripple general counsel Stuart Alderoty picked up on something else Gensler said in his speech at the University of Pennsylvania, in which he reminisced about studying at his alma mater’s law school library.
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.