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☆ Bosses are back in power — so get used to companies quiet cutting and quiet firing workers this year
▼ + stars: | 2024-02-25 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

Workers who choose to be fully remote will face limited career progression, an anonymous source told The Register. AdvertisementThese tactics are more commonly known as "quiet firing" or "quiet cutting ," — a workplace trend that has taken off after the end of the zero interest rate era. It's a subtle move by bosses to make a role less appealing, motivating workers to quit rather than forcing them out through layoffs. A lot of companies sell the rhetoric of "we are family" to employees, and public layoffs cut against that perception, Hardy said. AdvertisementUltimately, quiet firing and quiet cutting help employers maintain greater control over the narrative and how they're perceived publicly, Schawbel added.

Persons: they're, Meta, Ben Hardy, Hardy, it'll, Dan Schawbel, Schawbel, they've, it's Organizations: Google, Business, Technology, Dell, Workers, Amazon, London Business School, Workplace Intelligence

☆ Big companies enforcing RTO mandates may drive workers into the arms of startups and small businesses
▼ + stars: | 2024-02-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +1 min

RTO mandates could drive workers to startups and small businesses. Some research shows that RTO mandates can hurt employee morale. AdvertisementDisgruntled workers who are forced to come back to the office by major companies, could present an opportunity for startups and small businesses to scoop up talent. Dan Schawbel, a future-of-work expert and managing partner at Workplace Intelligence, told Business Insider that employees at big companies with return-to-office mandates might find more flexible working options at smaller firms. This story is available exclusively to Business Insider subscribers.

Persons: —, Dan Schawbel Organizations: Service, Workplace Intelligence, Business

☆ Half of Gen Z workers think ChatGPT gives better career advice than their manager, survey says
▼ + stars: | 2024-02-13 | by ( Allie Kelly | ) www.businessinsider.com time to read: +3 min

To retain Gen Z talent, companies should emphasize mentorship and learning in the workplace. AdvertisementWhen some Gen Z workers need career advice, they think ChatGPT will offer better guidance than their managers. In fact, 44% of Gen Z respondents said they are considering quitting their jobs in the next six months. Gen Z workers are looking for learning and development, not just money, from their jobs, according to research by The Standard. And, when young workers feel disconnected from their managers, they likely feel disconnected from their employers.

Persons: —, Gen Z, Zers, Gen Zers, Gen Xers, Gen Organizations: Service, Workplace Intelligence

☆ Companies forcing workers to come back to the office are creating a 'massive disruption' in their lives, workplace expert says
▼ + stars: | 2024-02-13 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Many remote workers also invested in having an office setup, including buying office equipment or designating a room as an office. "There's that investment too, and they don't want to have to sell everything and come back to work," Schawbel said. AdvertisementMajor companies across the US have enforced RTO mandates in the past year, including Meta, Google, and Salesforce. In fact, Nicholas Bloom, a Stanford economics professor, said making workers come back to the office would just make them unhappier. Advertisement"I think RTO mandates will reduce employee morale unless it is handled very carefully," Bloom told BI over email.

Persons: —, Dan Schawbel, Schawbel, millennials, Dell, Nicholas Bloom, Bloom Organizations: Service, Workplace Intelligence, Business, Meta, Google, Katz Graduate School of Business, Stanford, Big Tech

☆ Companies forcing workers to come back to the office are creating a 'massive disruption' in their lives, workplace experts say
▼ + stars: | 2024-02-13 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

RTO mandates are a "disruption" to remote workers' lives because they made big changes during COVID. Many remote workers moved cities, bought houses, and invested in home offices during the pandemic. Additionally, many remote workers invested in having an office set up, including buying office equipment, or designating a room for an office if they have a house. AdvertisementMajor companies across the US have enforced RTO mandates in the past year, including Meta, Google, and Salesforce. In fact, making workers come back to the office will just make them unhappier, according to Nicholas Bloom, a Stanford economics professor.

Persons: Dan Schawbel, —, Schawbel, millennials, Dell, Nicholas Bloom, Bloom Organizations: Workers, Service, Companies, Workplace Intelligence, Meta, Google, Katz Graduate School of Business, Stanford, Big Tech

☆ A workplace expert says Gen Zers posting videos of themselves getting laid off online are seeking 'validation' because they feel lonely
▼ + stars: | 2024-02-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Read previewThe youngest generation at work have found a new way to vent their frustrations at working in corporate America: filming themselves getting laid off or fired, and posting it on social media. "From the Gen Z perspective, this woman feels like a hero," Schawbel said about Pietsch. She got followers, she got attention, because of the algorithm and the echo chamber that surrounds her on social media, and on TikTok especially." Social media fame, likes, followers, and comments might create a facade of social connection for some lonely Gen Zers. A lot of recruiters would be wary of hiring someone like that because company’s "don’t want to be the next victim" of a social media rant.

Persons: —, Brittany Pietsch, Zers aren’t, they’re, virality, Dan Schawbel, Schawbel, Ben Voyer Organizations: Service, Business, Workplace Intelligence, Harvard Graduate School of Education, BI, Social, Gen Locations: America, Cloudflare

☆ Over half of employees have no idea how their companies are using AI
▼ + stars: | 2023-10-24 | by ( Deborah Kong | Nbc East Coast Page | ) www.cnbc.com time to read: +2 min

Over half of employees (54%) say they have no idea how their company is using AI, according to a new survey conducted by UKG, a human resources and workforce technology company. That's despite the fact that the majority of C-suite leaders (78%) say that their company is using artificial intelligence today, according to UKG. Employees should be worried: 68% of C-suite respondents said their company has made AI decisions that are not in employees' best interests. In fact, executives that responded to the survey estimated that 56% of their workforce is directly using AI to automate or augment job tasks. Meanwhile, among workers already transparently using AI, 75% say it makes them more efficient, productive, and accurate.

Persons: Al Drago, UKG, Hugo Sarrazin, Dan Schawbel Organizations: Amazon Devices, Amazon.com Inc, Bloomberg, Getty, Workplace Intelligence, UKG Locations: Arlington , Virginia, UKG

☆ Why RTO mandates are layoffs in disguise, according to workplace experts: ‘Companies are daring employees to quit’
▼ + stars: | 2023-09-12 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +6 min

However, that is exactly what some companies want, according to workplace experts that CNBC Make It spoke to. RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs. "Rolling back those gains, such as remote work and flexible hours, is audacious, but companies are daring employees to quit," Ruettimann added. "RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs," said Ruettimann. "Announcing direct layoffs can lead to a drop in morale among remaining employees, which could affect productivity and overall workplace atmosphere," he added.

Persons: Dan Schawbel, Laurie Ruettimann, Meghan Biro, Schawbel, Ruettimann, It's Organizations: Companies, Workplace Intelligence, New York Times, CNBC, Bloomberg, Employees

☆ The hidden consequence of the return-to-office crackdown — more workers will lose their jobs
▼ + stars: | 2023-08-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

The push to get workers back to offices could put millions of jobs at risk if people don't comply. What makes this even more difficult to swallow for Meta employees is just how quickly Meta's tone has changed. In June, they were informed about the need to come into the office three days a week from September 5, per The Information. AdvertisementAdvertisementAmazon is making a similar play to Meta, with a return-to-office strategy that involves scare tactics. But since few people can afford to be out of a job right now, employers may get their way.

Persons: they'll, Zuckerberg's Meta, Lori Goler, Goler, Andy Jassy's, Insider's Linette Lopez Organizations: Labor, Stanford University, University of Chicago, MIT, ITAM University, Meta, Wall, Deloitte, Workplace Intelligence Locations: Silicon Valley, Silicon, Wall, Mexico, East Coast

☆ Two-thirds of executives at US financial services firms would quit if they had to return to the office 5 days a week, survey finds
▼ + stars: | 2023-08-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Executives at US financial firms say they would quit if they had to return to the office full-time. They want to work remotely but are worried that it will impact their careers negatively. Deloitte and Workplace Intelligence conducted a survey of 700 full-time executives at US financial services organizations in April 2023 to explore their attitudes around work arrangements including remote and hybrid work. It found that 66% of executives who worked remotely at least part of the week said they would quit if they were mandated to come back to the office full-time. Over half of executives say they're feeling pressured to go into the office more often.

Persons: they'd, they're, Goldman Sachs, Slack's, Cal Henderson Organizations: Service, Deloitte, Workplace Intelligence, Citigroup, McKinsey Locations: Wall, Silicon

☆ The AI boom is screwing over Gen Z
▼ + stars: | 2023-07-17 | by ( Ed Zitron | ) www.businessinsider.com time to read: +13 min

Now, with the advent of generative AI, organizations are starting to automate many "junior" tasks — stripping away their dubious last attempt to "teach" young employees. America's young workers are headed toward a career calamity. Nobody wants to teach anymoreEven before the rise of AI, young people were facing an early-career crisis. This lack of care is clearly weighing on the young workers who need career development the most. Humans can be enhanced by AI, helped by AI, but replacing them with AI is a shortsighted decision made by myopic bean counters who can't see the value in a person.

Persons: there's, Gen, Gen Zers, it's, Gen Z, Louis, Zers, millennials, Peter Cappelli, Capelli, Paul Osterman, they'd, Osterman, they'll, ChatGPT, Qualtrics, What's, they're, Ulrich Atz, Tensie Whelan, New York University's, Atz, Whelan, —, There's, Knight, It's, Ed Zitron Organizations: Management, Federal Reserve Bank of St, National Association of Colleges, Employers, University of Pennsylvania's Wharton School of Business, US Department of Labor, MIT, Pew Research Center, National Bureau of Economic Research, Gallup, Workplace Intelligence, Amazon, Boston Consulting Group, New York, New York University's Stern Center, Sustainable Business Locations: America, New, Fortune

☆ Most employees say their well-being has worsened or stayed the same — but their bosses disagree: new survey
▼ + stars: | 2023-06-26 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

Many employees are still struggling with low levels of well-being — with most of them saying that their health worsened or stayed the same last year, according to a survey from Deloitte and Workplace Intelligence. A new report highlights that leaders do not have "a firm grasp" of their employees' well-being. The C-suite is so focused on the macro picture of their organizations, that it's difficult for them to see the macro picture of their employees' well-being. Dan Schawbel Managing partner, Workplace Intelligence"This shows that executives are disconnected from the reality of the workforce," Dan Schawbel, managing partner at Workplace Intelligence told CNBC. Managers play a pivotal role in improving well-being, as they "interface directly" with employees on a daily basis, said Schawbel.

Persons: Dan Schawbel, there's, Schawbel Organizations: Deloitte, Workplace Intelligence, CNBC

☆ Many employees say their wellbeing has slumped since last year. Their bosses think it's improved, a survey found.
▼ + stars: | 2023-06-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Most respondents to a survey said their wellbeing slumped or stayed the same since last year. Many reported frequently feeling exhausted, stressed, and overwhelmed, the Deloitte survey found. But most of the C-suite execs who were surveyed said they thought workers' wellbeing had improved. "In fact, most employees say their wellbeing either worsened or stayed the same last year, and only around one-third say their health improved," the analysts wrote. Though the Deloitte survey didn't explore generational differences, evidence suggests wellbeing will increasingly become a workplace priority as Gen Z rises through the ranks.

Persons: — Organizations: Deloitte, Service, Intelligence, Financial, Employers Locations: Canada, Australia

☆ SVB listed remote work as a business risk before it collapsed. That's 'a convenient excuse,' experts say
▼ + stars: | 2023-03-17 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

'A convenient excuse'The SVB report noted employees may struggle with work-life balance while remote, which could lead to "reduced productivity and/or significant disruptions in our business operations." "Remote work itself is not the cause of performance issues," he tells CNBC Make It. Experts say a drop in employee performance has more to do with leadership than working remotely. The Federal Deposit Insurance Corp, which took over SVB, told workers to continue working remotely, except for essential workers and branch employees, per Reuters. Remote work isn't the only thing hindering productivity

☆ Google, Meta, Are Losing People to Walmart, Amazon in the Advertising Talent Wars
▼ + stars: | 2022-09-14 | by ( Lucia Moses | Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Amazon, Walmart, and others are in a war for talent as they build advertising arms. Amazon recently listed more than 2,800 advertising jobs on its site while Walmart's advertising arm, Walmart Connect, had nearly 1,000 openings. The biggest hirers were Walmart, Amazon, where advertising headcount has grown roughly fourfold in the past two years, and Instacart, per Revelio Labs' data. Walmart started building an ads business, Walmart Connect, in earnest in 2019 and has turned it into a $2 billion-plus revenue stream. Movement of advertising hires to Instacart, Walmart, Amazon, Jan. 2021-present.

☆ I feel I am falling through the cracks at work. Is it time to find another job?
▼ + stars: | 2022-09-14 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

I'm a Gen Z employee at a large company and I am a little over a year into my first full-time, professional job after college. Over the past few months, two members of my team have left the company and they're not being replaced. In the current market, I feel like my team could be on the chopping block if my company conducts lay-offs. On the other hand, because I love my team and the work I do, I want to stay and try to make it better. On the other hand, though, it never hurts to start passively looking for a new job while you remain employed.

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