Happy At Work
A Covid-19 Breakout At An Investment Bank Sends People Home And Could Cause Other Financial Firms To Reconsider Remote, Hybrid And Flexible Work Choices
Jefferies, an investment bank located in Manhattan, with around 4,500 employees worldwide, reported over 40 new Covid-19 cases in December—with 10 on Tuesday. Peregrine “Peg” Broadbent, the bank’s chief financial officer, previously died from Covid-19 complications back in March 2020. Reuters reported that CEO Richard Handler wrote in a memo, “Our priority now is to best protect every one of you and your families.” Handler continued, “Effective today, we are canceling all social events and entertainment until January 3rd.” Staff was asked to return home. Moving forward, the company is also requiring a mask mandate in all of its offices, even for those who are already vaccinated.
Two Young Black Entrepreneurs Started An EdTech School To Help Underserved Groups Pivot Into Fast-Growing, Well-Paying Tech Jobs
A tornado knocking out your building, followed by the Covid-19 outbreak is not a good way to start a business. Despite some early challenges, Joshua Mundy and Quawn Clark founded Pivot Technology School, a fast-growing Tennessee-based EdTech startup. Isaac Y. Addae, an assistant professor at Tennessee State University, joined the duo as Chief Strategy Officer.
The Future Of Work Will See Leadership Leverage Data And Facts Over ‘Gut Feelings’ And A ‘We’ve Always Done It This Way’ Mentality
You can visualize important business decisions being made in wood-paneled executives suites with older executives sitting around expensive, mahogany conference tables, saying, “I have a gut feeling.” Then, they offer an edict to the workers. Ben Waber, cofounder and president of Humanyze, a workplace analytic provider, contends important decisions could now be made with powerful data rather than relying upon emotions and doing something because “we’ve always done it this way.”
Money Problems May Have Led Ghislaine Maxwell To Find Girls For Jeffrey Epstein, Prosecutors Say
Jurors in Ghislaine Maxwell’s trial heard about a possible motive for her to procure young girls for sexual abuse by Jeffrey Epstein: money. David Rodgers, a former pilot for Epstein, testified on Wednesday that Maxwell “downsized” to a Manhattan studio apartment after the 1991 death of her financially distressed father, British publishing tycoon Robert Maxwell. In less than a decade though, she was living in her own five-story Upper East Side townhouse that was “maybe 7,000 square feet.”
Blizzard Employee Says She Was Told To ‘Get Over It’ After Reporting Sexual Harassment
In the midst of multiple lawsuits and investigations over allegations of gender discrimination and sexual harassment at Activision Blizzard, an employee on Wednesday made a public statement about the abuse she says she’s experienced over her four-year career at the studio. Christine works for Blizzard, the group responsible for games including Overwatch and Diablo, and she stood outside the studio’s headquarters in Irvine, California, with her lawyer, Lisa Bloom, by her side.
Remote-Working Job Surveillance Is On The Rise—For Some, The Impact Could Be Devastating
Remote-monitoring and surveillance tools could devastate employee relations unless efforts are made to put more power into the hands of workers, the author of a report by the European Commission’s Joint Research Council (JRC) warns.
Is Burnout Driving ‘The Great Resignation’?
There are many reasons why people are choosing to quit their jobs in record numbers. While some of the catalysts for this trend are more complicated than others, is it possible that burnout is an underlying factor in many cases? In this segment of Backstage Pass, recorded on Nov. 15, Motley Fool contributors Jason Hall, Rachel Warren, and Toby Bordelon delve into this question and respond to a member’s comment.
New Jobless Claims Totaled 184,000 Last Week, Reaching Lowest Since 1969
New initial jobless claims improved much more than expected last week to reach the lowest level in more than five decades, further pointing to the tightness of the present labor market as many employers seek to retain workers.
The Happy At Work Podcast S1E3 - A Conversation with Zak Brown, CEO of McLaren Racing
In this episode, we talk with Zak Brown, CEO of McLaren Racing about the importance of building strong teams.