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☆ Goldman Sachs and American Express are among the leading companies for working parents in 2024, new study shows
▼ + stars: | 2024-05-10 | by ( Brandon Gomez | ) www.cnbc.com time to read: +3 min

With no federal oversight of workplace benefits like paid leave and caregiving policies, corporate leaders are being asked to take the lead. Goldman Sachs , American Express , Deckers Outdoor, S&P Global and Splunk are the top companies for parents in 2024, according to Just Capital's research. The "indirect costs" are the loss of productivity during an employee's leave, temporary replacement and cost of administering a paid leave program. "Paid parental leave is an expensive proposition," said Yvette Lee, an HR knowledge advisor at SHRM. Lee said the investment in paid parental leave and similar policies may make sense in the long run.

Persons: Alison, it's, Goldman Sachs, Lauren, Mario Washington, SHRM, Yvette Lee, Lee Organizations: Just Capital, CNBC, American Express, P, P Global, Society for Human Resource Management Locations: SHRM

☆ How CEOs are preparing for possible employee protests
▼ + stars: | 2024-04-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

You can always choose to move on, but remember you don’t have a right to work at most companies. We can’t keep re-litigating when we also have a business to runYou speak with CEOs every day. Most of the CEOs I’ve talked to said they haven’t seen their employees protest, but they’re bracing for it. But I will say that I don’t think it will become that widespread because of how swiftly and unapologetically Google addressed it. I don’t think it will become a thing.

Persons: Sundar Pichai, Bell, Johnny C, Taylor Jr, that’s, we’re, We’re, we’ve, I’m, You’d, They’re, I’ve, Royce, Peter Valdes, “ We’re, ”, Martin Fritsches, “ That’s, Brian Fung, Sean Lyngaas, Satya Nadella, Sam Altman, Northrop Grumman, Alejandro Mayorkas Organizations: CNN Business, Bell, New York CNN, Google, Tech, Society for Human Resource Management, Companies, Royce, BMW, OpenAI, Microsoft, Department of Homeland Security, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil Locations: New York, Israel, Chichester , England

☆ Jim and Pam Knew How to Survive a Soul-Crushing Office
▼ + stars: | 2024-04-08 | by ( Alexandra Molotkow | ) www.businessinsider.com time to read: +20 min

Office crushes, in all their mercurial glory and pain, continue to shape our working lives in deeply meaningful ways. But through all these changing norms, workplace crushes remain remarkably common. Jim, after all, doesn't even ask Pam on a date until the season-three finale of "The Office." That most workplace crushes never lead to consummated relationships doesn't make them any less powerful. An admitted serial crusher, she still gets work crushes — last year she counted "a solid eight."

Persons: Derek, Brendan, Michael Rosenfeld, Manny, Sean Horan, we're, she'd, Karis, Stefan, Darcy, —, Helen Fisher, Lakshmi Rengarajan, Rengarajan, smolder, Jim, Pam, I've, it's, I'd, Slack, Mikel Jaso, didn't, couldn't, weirdly, they'd, Johnny C, Taylor Jr, MeToo, Ayear, Tiana Reid, texted Derek, Alexandra Molotkow Organizations: Society for Human Resource Management, Stanford, Fairfield University, Match.com, BI Karis, Society for Human, York University Locations: New York City, Singapore, Brendan's, New York, Chicago, Toronto

☆ I dated my coworker. Then he broke up with me and became my boss.
▼ + stars: | 2024-02-27 | by ( Lara Sterling | ) www.businessinsider.com time to read: +9 min

While we didn't work together directly, I interacted with him sometimes. But even back then, I knew that dating a coworker was a bad idea. AdvertisementThough our company didn't forbid colleagues from dating one another, we both already sensed the taboo nature of our dalliance so we tried to keep it a secret. When you add in the chance of sexual harassment allegations, I would never recommend dating a coworker. Even if you work in different departments, dating a coworker is opening a Pandora's box of emotions that are difficult to navigate professionally.

Persons: —, Austin, peeking, we'd, Logic, Eros, didn't, It's, I've, I'm, you've, who've, haven't, Lara Sterling Organizations: Service, Business, Austin, Society for Human Resource Management Locations: Austin, Los Angeles

☆ Remote Employees Are More Likely to Get Laid Off; WFH Is Risky
▼ + stars: | 2024-02-15 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

Executives at the online furniture retailer Wayfair told its staff in January that remote workers were likelier to be hit in its latest round of job cuts. Add in long-term trends, like the decline in loyalty between employers and employees , and it's no wonder remote workers feel anxious about cuts. “It’s not too surprising,” Peter Cappelli, a management professor at the Wharton School who has never been a big fan of remote work, said. “That is something remote workers should be thinking about as they’re engaging with supervisors,” she said. Remote workers aren’t doomed to the unemployment line, but they may want to try a little extra to get noticed.

Persons: Wayfair, ”, Dell, Goldman Sachs, “ It’s, ” Peter Cappelli, “, Nick Bloom, ” Bloom, Emily Dickens, ” Prithwiraj Choudhury, ” Joseph Fuller, pang, Emily Stewart Organizations: IBM, Reuters, Google, Wharton School, Stanford, Society for Human Resource Management, Harvard Business School, Employers, Workers, “ Workers, Staff, Business

☆ Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report Says
▼ + stars: | 2024-02-01 | by ( Steve Lohr | ) www.nytimes.com time to read: +1 min

A new generation of artificial intelligence is poised to turn old assumptions about technology on their head. For years, people working in warehouses or fast food restaurants worried that automation could eliminate their jobs. But new research suggests that generative A.I. — the kind used in chatbots like OpenAI’s ChatGPT — will have its biggest impact on white-collar workers with high-paying jobs in industries like banking and tech. “There’s no question the workers who will be impacted most are those with college degrees, and those are the people who always thought they were safe,” said Matt Sigelman, president of the Burning Glass Institute.

Persons: “, ”, Matt Sigelman Organizations: Burning Glass, Society for Human Resource Management, Glass Institute

☆ As more offices go back to normal, companies face a choice: Maintain a compassionate workplace or risk losing employees
▼ + stars: | 2023-10-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Organizations that maintain a culture of empathy can see higher engagement and profits. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "The ways that you are supported during hard times makes a big difference in how you feel able to be included and thriving at work," Manning said. To maintain that practice, Manning said, managers need to be trained in having conversations about tough times.

Persons: —, Alayna, Almén, wouldn't, Katharine Manning, who's, Manning, Molly Lipson Organizations: Service, Gallup, Bureau of Labor Statistics, Society, Human Resource Management

☆ While most workers want a 4-day workweek, other job perks may be an easier way to get flexibility
▼ + stars: | 2023-10-27 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

No-mad | Istock | Getty ImagesThe United Auto Workers union has brought new attention to the idea of a 32-hour workweek as part of its strike demands. A recent Bankrate survey found 81% of full-time workers want a four-day workweek. That goes particularly for younger workers ages 18 to 42, with 83% embracing that work schedule, the personal finance website found. The enthusiasm for a four-day workweek comes as the Covid-19 pandemic prompted many workers to question the so-called "hustle culture" that has defined traditional full-time in-office work. The availability of a formal four-day workweek is still limited, Schweber said.

Persons: Sarah Foster, Z, Foster, it's, Gen Z, Julie Schweber, Schweber Organizations: United Auto Workers, Employers, Employees, Society for Human Resource Management, Finance

☆ The 3 in-demand soft skills candidates are 'most lacking in,' according to ZipRecruiter
▼ + stars: | 2023-10-23 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Hiring managers are less and less impressed by where you went to college — or if you have a four-year degree at all. Nearly half — 45% — of companies have dropped degree requirements for some roles this year, according to new research from ZipRecruiter, which surveyed more than 2,000 U.S. employers. Instead, companies are prioritizing skills over education: 42% of companies are now explicitly using skills-related metrics to find candidates, LinkedIn told CNBC Make It in June, up 12% from a year earlier. "Employers have the perception that younger generations are no longer picking up these important soft skills at school or at college," she explains. Between 2021 and 2022, when companies were desperate to fill vacancies, many lowered their recruiting standards, hiring more "novice employees" lacking these important soft skills, says Pollak.

Persons: Julia Pollak, Marissa Morrison, Morrison, Pollak, Gen, Amanda Augustine, you've, Augustine Organizations: CNBC, Harvard Business, Glass Institute, Employers, Society for Human Resource Management, Global Locations: ZipRecruiter

☆ 3 simple tactics the best bosses use to help people perform better—No. 1 is 'vacation minimums'
▼ + stars: | 2023-10-18 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

The average worker gets 10-14 days of vacation time per year after one year of service, the U.S. Bureau of Labor Statistics reports. "There are a number of organizations that we've worked with who, instead of having vacation maximums, will say vacation minimums, which is an interesting concept," she said. In some cases, companies even require at least five of each employee's vacation days to be taken consecutively — in other words, a mandatory "solid week" of vacation, said Pruitt-Haynes. Fifty-four percent of U.S. workers say they can't or shouldn't completely stop working while on vacation, according to a 2022 Glassdoor report. Turn off any company-owned devices while you're away and plan busy vacation days to keep yourself from thinking about work, he advised.

Persons: Christy Pruitt, Haynes, we've, Pruitt, Rebecca Port, I've, workcations, Jonny Edser Organizations: Society for Human Resource Management, U.S . Bureau of Labor Statistics, Genomics, CNBC Locations: New York, USA

☆ Here's what you should know about the new pay disclosure laws
▼ + stars: | 2023-09-21 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

New York CNN —New York State is the latest jurisdiction to implement a pay disclosure law that requires employers to list salary ranges for open roles. “We’re seeing a patchwork [of different pay disclosure requirements], which makes it hard for multistate employers to navigate,” said Monica Snyder Perl, a partner at Fisher Phillips. Some laws require employers to disclose ranges just for base pay, but others mandate that information about compensation and benefits be included as well. The impact of the lawsAll the pay disclosure laws are relatively new. Leniency may continue until employers and regulators work out their questions about each jurisdiction’s pay disclosure rules, which are still being interpreted by employment lawyers and, in some cases, being amended by legislators.

Persons: Fisher Phillips, ”, Monica Snyder, headcount, Perl, Washington ” —, it’s, “, ” Perl Organizations: New, New York CNN — New, New York CNN — New York State, New York, New York State, Evergreen State, Colorado —, Society for Human Resource Management Locations: New York, New York CNN — New York, New York State, New York City, Ithaca, Westchester County, Washington State, Washington, Kansas, Colorado, Hawaii, Illinois, California

☆ Some 70,000 child-care providers may close as federal aid ends, report finds. What that means for parents
▼ + stars: | 2023-09-12 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +6 min

Child care 'is a public good'Experts say that systemic change, such as broader parental leave and more public funding for child care, must be involved in order for child care to improve at a larger scale. The national annual cost of child care was about $10,853 for one child in 2022, the organization Child Care Aware of America found. In 2023, 67% of parents reported to spend 20% or more of their household income on child care, Care.com found. Use the benefits you have availableYour workplace may have some options to help you find care, such as backup care providers or on-site child care. Meanwhile, California, Colorado, Hawaii and New Mexico passed laws to provide universal preschool in the past year.

Persons: Lauren Rosenberg, Taryn Morrissey, Morrissey, Care.com, Katherine Gallagher Robbins Organizations: Portland Press Herald, Getty, U.S . Bureau of Labor Statistics, American University, U.S . Department of Labor, D.C, Strong, Society for Human Resource Management, District of Columbia, The National Partnership for Women, Washington, Washington , D.C, National Institute for Early Education Research Locations: Portland , Maine, Hamilton, America, Washington, U.S, California , Colorado , Connecticut, Delaware , Maine , Maryland , Massachusetts, Minnesota , New Jersey , New York , Oregon, Rhode Island, Washington ,, Florida , Iowa , Oklahoma , Vermont, West Virginia, Wisconsin, Georgia , Illinois, Maine, New York, , California , Colorado, Hawaii, New Mexico

☆ 64% of investors surveyed feel unlimited vacation time could help companies beat the S&P 500 — but only 1 in 5 say this trend could actually gain traction
▼ + stars: | 2023-08-14 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

2 in 3 surveyed investors feel companies with unlimited vacation could beat the S&P 500. Unlimited time off may make little difference to the leave days taken by employees. Of those surveyed, 65% of professional investors and 57% of retail investors believed unlimited vacation companies could outperform the S&P 500's performance. However, only 18%, or less than 1 in 5, believe the trend of unlimited vacation time is likely to take off. In 2022, Glassdoor reported a 75% increase in mentions of "unlimited" leave policies in employee reviews since the pandemic's onset.

Persons: Glassdoor, Wharton, Peter Cappelli Organizations: Service, Bloomberg, Netflix, Microsoft, Society for Human Resource Management, Employees, Fast Company Locations: Wall, Silicon

☆ Struggling to hire? Just one day of remote work a week could make a big difference.
▼ + stars: | 2023-08-08 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

The analysis found that the fully remote companies in the study had head-count growth rates over double those of fully in-person companies. The findings were released against a backdrop of many major companies requiring employees to return to the office full time. This push may lead thousands of Americans to look for work at more flexible companies to avoid expensive commutes and childcare. The study found the average company requiring in-office work asked staff to come in just over 2.5 days a week. Over the 12-month period, fully flexible and structured-hybrid companies grew their workforce by more than double the rate of full-time in-office companies.

Persons: Goldman Sachs, Nicholas Bloom Organizations: Service, Scoop Technologies, Data Labs, JPMorgan, Apple, Society for Human Resource Management, Stanford, Disney, Company Locations: Wall, Silicon

☆ Just 21% of people with disabilities were employed in 2022—how employers can reduce hiring bias
▼ + stars: | 2023-07-28 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

In 2022, only 21.3% of the population of people with disabilities was employed, according to the Bureau of Labor Statistics. Here are a few reasons this population's employment rate remains low and what employers can do to ensure they are hiring equitably. First, this population faces various biases that prevent employers from hiring them. For others, it's about the bottom lineWhile considering applicants from the pool of people with disabilities, employers might assume their employment could get expensive. In fact, accommodations for people with disabilities typically cost just $500, according to the Society for Human Resource Management.

Persons: —, who's, Jessica Tuman Organizations: Centers for Disease Control, Bureau of Labor Statistics, Voya, Financial, IT, Accenture, Employers, Society for Human Resource Management, LinkedIn

☆ A software engineer asked: How do I date an intern? He got roasted on Blind.
▼ + stars: | 2023-07-08 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

A software engineer asked users on work discussion app Blind for advice on how to date an intern. The engineer told Insider he was surprised by the backlash, but still plans to ask out the intern. A software engineer asked an online forum for advice on how to date an intern — and users promptly roasted him. Blind users responded to his question — How can I ask her out? In just one day, dozens of Blind users commented on the post to express their disapproval over the engineer's ulterior motives.

Persons: —, he'd, couldn't, he'll, Microsoft didn't Organizations: Morning, Microsoft, Blind, Oracle, Society for Human Resource Management Locations: American

☆ Your Job Search Sucks Right Now Due to AI Hiring, Ghost Job Listings
▼ + stars: | 2023-05-22 | by ( Adrienne Matei | ) www.businessinsider.com time to read: +13 min

Finding a job right now isn't only tough, it's deeply weird. On a macro level, ghost-job postings contribute to a skewed sense of how many opportunities are really out there for US job seekers right now. Job platforms — including LinkedIn, ZipRecruiter, Indeed, and Monster — also use language-processing AI tools to filter applicants. And now, generative AI tools like ChatGPT are contributing to job loss. Suddenly, knowing how to work with AI tools and resources is an important edge for job seekers to have.

☆ Why job searches suck right now
▼ + stars: | 2023-05-22 | by ( Adrienne Matei | ) www.businessinsider.com time to read: +13 min

Finding a job right now isn't only tough, it's deeply weird. Individually, ghost-job postings can erode both trust in the job market and the morale of job seekers who are applying to hundreds of positions and never hearing back. On a macro level, ghost-job postings contribute to a skewed sense of how many opportunities are really out there for US job seekers right now. Job platforms — including LinkedIn, ZipRecruiter, Indeed, and Monster — also use language-processing AI tools to filter applicants. Suddenly, knowing how to work with AI tools and resources is an important edge for job seekers to have.

☆ Why Some Companies Are Saying ‘Diversity and Belonging’ Instead of ‘Diversity and Inclusion’
▼ + stars: | 2023-05-13 | by ( Jennifer Miller | ) www.nytimes.com time to read: +2 min

The belonging obsession is the result of a now-widespread corporate standard: Bring your whole self to work. Bring your whole self to work emerged before the pandemic but became something of a mandate at its height, as companies tried to stanch a wave of resignations. Last year, the Society for Human Resource Management conducted its first survey on corporate belonging. Respondents said that identity-based communities, like employee resource groups, helped foster belonging, while mandatory diversity training did not. Jonathan Haidt, a social psychologist and professor at N.Y.U.’s Stern School of Business, wishes we weren’t having this conversation about identity and belonging.

☆ Remote Jobs Going Back to the Office, Outsourcing to Cheaper Workers
▼ + stars: | 2023-04-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Finding a remote job is getting more and more difficult. That's because competition for remote work in the US remains fierce, the number of job postings are on the decline, and some of the remote jobs that remain are being outsourced overseas. Companies are moving remote jobs overseasSome companies are embracing remote work, but not in the US. Instead, they're outsourcing jobs overseas and saving on labor costs. For Americans who are eager to snag that remote job, it's not all doom and gloom.

☆ Here's what to do if you find a secret inappropriate boss-employee relationship in your workforce
▼ + stars: | 2023-04-13 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

Office romance is tricky— especially if you find out a manager is in a relationship with a report. I have heard from someone on my team that one of my employees is in a close relationship with a woman he supervises. "You could be wrong, and if you accuse Roger of something untrue, that could hurt your relationship with him," she said. Anticipate that Roger will deny the relationship or push back and say it's none of your business. Say that you're not trying to police people's lives but that the relationship creates a conflict of interest.

☆ Next Wave of Remote Work Is About Outsourcing Jobs Overseas
▼ + stars: | 2023-04-11 | by ( Konrad Putzier | ) www.wsj.com time to read: 1 min

The idea came to Johnny Taylor Jr . early last year, after one of his employees made a case that her technology position could be done anywhere. She wanted to leave Virginia, where she held a job at the Society for Human Resource Management, a professional association based in Alexandria. She asked to work remotely in North Carolina.

☆ An employee reportedly asked to go remote. Her CEO says he outsourced her job to India instead and saved 40% on labor costs.
▼ + stars: | 2023-04-11 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

CEO Johnny Taylor Jr. told WSJ he outsourced an employee's job after she requested it be remote. Hiring someone in India saved the company around 40% in labor costs, he told the Journal. Since the pandemic, some tech companies have hired remote workers overseas, sometimes amid layoffs. Some tech companies have already turned to overseas labor, including in Latin America, Europe, Africa, and the Middle East, Insider's Aki Ito reported. The year before, 17% of job postings offered remote work.

☆ Employees Need Positive Feedback From Bosses. Without It, People Quit.
▼ + stars: | 2023-03-28 | by ( Molly Lipson | ) www.businessinsider.com time to read: +11 min

A 2021 study by the global management-consulting firm McKinsey found that the top-two reasons people quit their jobs are because they don't feel valued by their company or their manager. And when employees feel happy and rewarded by their jobs, they are also more productive. How to really mean it when you give an employee praiseFor employees to really feel valued at work, it's important that they are recognized on a regular basis. While a simple acknowledgement of good work can be a powerful tool, Baumgartner told me that a simple "thank you" isn't sufficient to truly appreciate employees' work. Peer-to-peer recognition is also an important way employees can feel valued.

☆ Why Paid Sabbaticals Are Good for Business: Better Employees, Less Burnout
▼ + stars: | 2023-01-09 | by ( Crissie Hoskins | ) www.businessinsider.com time to read: +10 min

And through it all, I didn't get fired, there was no formal reprimand, and I got paid the entire time. Sabbaticals provide a proactive hedge against employee burnout, an antidote for attrition, and a protection from career wanderlust. Some employers argue that offering paid time off won't help keep employees around, but my sabbatical made me more passionate about my work — and my workplace — than ever. I love my job and want to be sure my team and clients get the best of me. Sabbaticals are good for businessMy sabbatical wasn't an anomaly — research shows that sabbaticals help employees fight burnout and improve their well-being.

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