Happy At Work
Executives And Employees Dramatically Differ On How Things Are Going And The Future Of Work
NTT, a leading global technology company and business solutions provider, has released its Global Workplace Report, offering important insights into the future of work gathered from a survey of 1,146 executives across 23 countries. The results clearly indicate that “business leaders are significantly more satisfied with how they have adjusted to new working norms than their employees are.” This chasm in experiences and expectations highlights that managers are not listening or understanding the mindset and wants of their workers.
Macy’s Is Offering Debt-Free Tuition, Higher Wages And Flexibility In An Effort To Attract And Retain Workers
In this transitional time, slowly emerging from the pandemic into the new future of work, we’ve seen amazing changes. One of the most pleasantly surprising developments is the sudden increase in the power and leverage of workers.
GE To Break Up Into 3 Companies Focusing On Aviation, Healthcare And Energy
U.S. industrial giant General Electric will split into three companies following years of seeing its stock underperform, the company announced Tuesday. The company will be divided into separate units focused on aviation, health care and energy. GE plans to spin off the health-care unit by early 2023 and the energy unit by early 2024, the company said in a news release.
Google Parent Alphabet Hits $2 Trillion Market Value After Rally This Year
Google parent Alphabet Inc. rallied Monday to breach $2 trillion in market value for the first time, fueled by a rebound in spending on digital ads and growth in its cloud business. Its Class A shares gained as much as 1.2% to hit an all-time high before paring the advance to close up 0.1% and just short of the mark. Alphabet is the top performer this year among the five biggest U.S. tech stocks by sales, with a 70% advance fueled largely by the growth in Google’s advertising business.
Economists Say Now Might Be A Good Time To Ask For A Raise
For several decades, wages for U.S. workers have grown sluggishly. And for several months, inflation has been rising and cutting into how much workers are able to buy with their paychecks. “Over the past 12 months [wages] certainly did not keep up with inflation,” Erica Groshen, senior economics advisor at the Cornell University School of Industrial and Labor Relations and former commissioner of the Bureau of Labor Statistics tells CNBC Make It. “The other thing that’s quite true is that for about 40 years, the median real wage in the U.S. has been pretty stagnant.”
JPMorgan’s Raghavan: Long Hours Part Of Life For ‘Exceptionally Well-Compensated’ Bankers
Banks need to root out the “waterfall of inefficiencies” to improve work-life balance for juniors, but the long hours culture is unlikely to disappear entirely, according to one of JPMorgan’s top investment bankers. With a laser focus on improving the brutal hours of junior bankers currently, firms face pressure to overhaul old ways of working, Vis Raghavan, chief executive of Europe, the Middle East and Africa at JPMorgan told Financial News in a wide-ranging interview, but the job will still “come with an element of sacrifice,” he said.
‘Workplace Diversity’ Still an Elusive Dream
Diversity in the workplace affects the entire corporation. Human Resources might be the focal point, but everyone from owner to worker — full-time, part-time or contractor — is a responsible party. HR experts Dorothy Dalton and Meghan M. Biro were of single mind as they talked about diversity’s effect and prospects for making it the norm throughout business.
Cash In, Fraud Out: Criminals Target Bitcoin ATMs As Crypto Popularity Surges
Criminals are cashing in on bitcoin ATMs around the country, using the convenient, largely anonymous transactions for drug trafficking, money laundering and a variety of fraud, law enforcement officials say. The machines, mostly located in convenience stores and owned by private companies, allow customers to easily buy bitcoin and other cryptocurrencies using cash. The funds are then sent to that customer’s crypto wallet.
Hiring in Crypto? Top Tips From Headhunters About What to Do
Cryptocurrency hiring can be tricky. The industry has evolved so quickly that traditional metrics and procedures don’t necessarily apply. With the rise in digital-asset prices and the expansion of decentralized finance (DeFi) and non-fungible tokens (NFTs), there’s been a boom in companies and organizations — and a need for qualified people to make them function. Crypto firms have been fighting for top talent as job listings soar in an industry that’s so new, someone with just a few years of experience is often considered a veteran.
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