Blind conducted a survey to gain the “pulse” of how people feel about their jobs and business leadership, exclusively for the Happy at Work podcast and Forbes readers. According to Rick Chen, the company’s director of public relations, “Many companies employ employee engagement surveys, but they are unpopular among workers. Professionals often feel like their responses go into a black hole. Leadership and HR teams typically do not share insights from the survey, and it is unclear if they take any action from the feedback.” Chen said, “Blind’s mission is to bring transparency to the workplace. We created Pulse so that professionals can understand any company’s culture and access verified employee sentiment in real-time.” To determine top-ranked companies, Blind looked for six factors: high employee engagement, trust in leadership, career development opportunities, positive work-life balance, respect for diversity and inclusion and compensation.
OSHA Is Suspending Enforcement Of The Government’s New Employer Vaccine Rule
The Labor Department’s Occupational Safety and Health Administration said it is suspending its enforcement of the Biden administration’s new rules ordering larger employers to either require that their workers get vaccinated against COVID-19 or undergo weekly testing. OSHA, which posted the announcement on its website, added that it “remains confident in its authority to protect workers in emergencies.”
Wall Street Bonuses Poised To Hit Record Highs As Banker Shortage Slams Industry
Bonuses on Wall Street are expected to hit records this year as financial giants like Goldman Sachs and JPMorgan grapple with a dire lack of bankers, even as demand for dealmaking continues to surge. After winning significant salary bumps this year, Wall Street financiers can now expect a double-digit increase in year-end bonuses — a jump not seen since before the Great Recession, according to new data from compensation consulting firm Johnson Associates.
Binance CEO Says He Intends To Donate Up To 99% Of His Wealth
Binance CEO Changpeng “CZ” Zhao has said that he intends to donate up to 99% of his wealth as many business magnates do. “I do intend to give away most of my wealth, like many wealthy entrepreneurs or founders did from Rockefeller [late American business magnate John D. Rockefeller] until today. I do intend to give away 90, 95, or 99% of my wealth,” Zhao told The Associated Press in an interview published Tuesday.
Strategies to Get Through the Rest of the Year Without Burning Out
What a time to be managing a team. On a macro level, being a manager is a more complicated role than it used to be: Employees increasingly approach their bosses with more personal and professional issues than before the pandemic, according to 59% of managers in a recent Prudential survey. They also say they want more guidance and training from their companies on how to handle ever-changing needs and demands.
Women Warned Home Working May Harm Their Careers
She said office interaction was vital to advance in companies, but many women were still tied to home working. Mann said it was a particular issue for mothers facing school disruptions and difficulty accessing childcare. Earlier this year, Rishi Sunak warned about young people’s careers. The chancellor said he doubted his banking career would have been successful if he had started it in virtual meetings, and that being in the office helped build skills.
Staying Power! How To Thrive In The Great Resignation If You Don’t Want To Quit
The pandemic has sparked a surge in people leaving their jobs. But if you aren’t one of them, how do you survive the tumult – and even flourish? Here is the expert advice on how those left behind can prosper In the US, they are calling it the great resignation or (my preference) the big quit. In the UK, the language is less portentous, but the reality is similar: there are more vacancies than jobseekers. Nearly 1.2m jobs were open in the UK in the most recent quarter, with 15 of 18 sectors reporting record numbers.
Compliance: The Happiest Profession On Earth?
Compliance is no cakewalk. It requires resilience and optimism mixed with a healthy degree of skepticism—as well as long and erratic hours when crises occur. To many, the last 18 months have felt like an interminable and isolating crisis. It was therefore with some degree of surprise that this year’s “Inside the Mind of the CCO” survey showed, compared to the rest of the world, compliance officers are a happy bunch.