Happy At Work
Omicron Creates Havoc For Return To Work Plans, Schools, Universities, Live Events And Restaurants
Within the last couple of weeks, a large number of major corporations, including Apple, Uber, Lyft, Meta, Ford, Capital One, DoorDash, Zillow, Twitter, Microsoft and Dropbox, have given up or pushed back indefinitely on requiring workers to return to their offices. Omicron, according to politicians and the mass media, is becoming a surging threat. In addition to business offices closing, we’ve seen colleges, Broadway shows, concerts and sporting events canceled over what President Joe Biden is predicting to be a winter of “severe illness and death.”
The Story Behind McDonald’s Former CEO Returning Over $105 Million To Settle A Dispute Over Allegations Of Multiple Consensual Sexual Activities
Disgraced former McDonald’s CEO, Steve Easterbrook, returned over $105 million in equity and cash to the fast food chain after the company “learned that he had lied about the extent of his misconduct while he was its top executive” the Associated Press reported. Easterbrook said “During my tenure as CEO, I failed at times to uphold McDonald’s values and fulfill certain of my responsibilities as a leader of the company. I apologize to my former co-workers, the board and the company’s franchisees and suppliers for doing so.”
Mental Health, Working Mothers, Four-Day Workweeks, Omicron-Induced Remote Work, Job Switching And Interviewing In The Metaverse Will Be Fast-Growing Trends In 2022
Making a “prediction” is a sophisticated way of saying you’re making a guess as to what will happen in the future. It’s not too far removed from using a Ouija board or magic eight ball. The reality is that if we could all gaze into a crystal ball and see into the future, we’d be rich from investing early in Bitcoin, the right pumped-up meme stocks and NFTs. Very little in life is black and white. Instead of making ironclad predictions, it makes more sense to give the odds of something happening. Here are some of the changes that we are 30% to 65% likely to see happen in 2022.
Elon Musk Says He Will Pay Over $11 Billion In Taxes This Year
Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history. “For those wondering, I will pay over $11 billion in taxes this year,” the Tesla CEO tweeted on Monday. That’s close to a CNBC estimate that Musk was set to pay a total of $12 billion in taxes in 2021.
Peloton Founder Faces Staff Anger Over Swanky Holiday Party
Peloton’s CEO is facing backlash for hosting a swanky, invite-only holiday party for some of his instructors—after nixing a company-wide bash amid concerns about the company’s tanking stock price. John Foley, who also instituted a company-wide hiring freeze just last month, held an opulent holiday party at New York’s luxury Plaza Hotel on Dec. 8, according to social media posts.
Starbucks Says It Will Negotiate With Workers Forming A Union In Buffalo, New York
Starbucks plans to negotiate in good faith with workers at its Elmwood store in Buffalo, New York, the company said Monday, days after the employees’ votes to form the coffee chain’s first U.S. union were certified. In a letter to all U.S. partners, Rossann Williams, Starbucks EVP North America, said that while the company’s conviction that it does not want a union “between us as partners” has not changed, it will respect the legal process.
Barclays Among Investment Banks Set To Boost Bonuses Between 25% And 50%
Barclay’s is joining the long list of investment banks ramping up pay for its employees. The bank is expected to boost its bonuses by more than 25% this year after record results and in a global competition to retain talent in the industry. The boosts in pay are a stark delta from 2020, when pay rose about 10%, Bloomberg reported this week. But with “deal making at record levels” in 2021 and profits “surging”, banks have made the decision to bump bonus pay for employees higher.
Forget 9 To 5—These Experts Say The Time Has Come For The Results-Only Work Environment
A management strategy known as the results-only work environment (ROWE) has seen a surge in interest during the pandemic, says one of the architects of the system. “I think based on the pandemic…companies are more ready now to look at something bold, look at something progressive,” said Jody Thompson, who first developed the concept in 2004 with co-founder Cali Ressler when they both worked for electronics giant Best Buy.
Learning This Skill Could Help Reduce Work Burnout, According To An Anxiety Expert
Work burnout and stress levels remain sky-high as Americans prepare to enter year three of the pandemic. Through it all, leadership expert Deborah Grayson Riegel has had a pulse on where workers are struggling the most, based on the demand for her online courses that cover leadership and communication skills. In 2020, for example, she developed a course on managing anxiety, a skill that saw a 4,000% increase in demand on the online learning site Udemy for Business.
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.