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☆ 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.

☆ The labor shortage is bringing job seekers all kinds of new perks: Pick-your-pay, student-loan benefits, bonuses, and flexible work
▼ + stars: | 2023-01-05 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

A greater number are also offering remote work options, educational benefits, and fertility services. It's not just about remote work, though that remains one of the most important benefits for many workers. "What we're also seeing is that there are different approaches to hybrid work that people are exploring." This comes as more companies are outsourcing talent from lower cost-of-living countries after the pandemic made remote work more feasible. Some of these companies are also giving staffers the option of shorter workweeks and remote work.

☆ So You Worked for FTX. Now What? Advice From Recruiters and Employers
▼ + stars: | 2023-01-02 | by ( Mengqi Sun | ) www.wsj.com time to read: +5 min

Former employees of FTX and other failed crypto firms will likely face extra scrutiny in their job hunt. While not all of the failed firms are associated with fraud allegations like FTX, anyone who worked at these businesses could face a tough slog finding their next job. “I worked with plenty of compliance folks who came from Lehman Brothers…Is it gonna be career-ending for some people? “People who you worked with that can vouch for you can bolster and can set you apart,” Mr. Brown said. Candidates also need to practice how to separate themselves and their own work experience and accomplishments from the firm they worked at, recruiters and hiring managers said.

New legislation working its way through Congress could improve retirement security for U.S. workers. The plan is part of a stopgap spending bill, and it includes a provision that would automatically enroll eligible employees into their company's retirement plan. Under the new legislation, employers could consider a worker's student loan payment to be the equivalent of a 401(k) contribution and match it accordingly. Finally, the legislation offers a 100% tax credit to businesses with 50 employees or fewer for the cost of maintaining a 401(k) plan. "It’s a bill that helps all income levels and all different types of workers and retirees," Richman, of the Insured Retirement Institute, said.

☆ New York City Delays Enforcement of AI Bias Law
▼ + stars: | 2022-12-13 | by ( Richard Vanderford | ) www.wsj.com time to read: +3 min

New York City is delaying the enforcement of a law requiring bias audits of artificial intelligence systems used in hiring, following questions from industry over the specifics of how in practice the groundbreaking legislation would apply. The move comes after an outpouring of concern among businesses, AI vendors and professional firms about how exactly they could comply with the city’s law. Detractors have expressed concern that the use of AI tools could inadvertently apply prejudices at scale to the recruitment process. Proponents, though, have argued that AI systems used in hiring could ultimately be fairer and more transparent than human resources staff, who can bring their own biases to the job. The scrutiny of AI tools is good, but should be balanced, said Emily Dickens, head of government affairs for the Society for Human Resource Management.

☆ Railroad workers aren't the only Americans without paid sick leave
▼ + stars: | 2022-12-01 | by ( Tami Luhby | ) edition.cnn.com time to read: +6 min

The US does not have a national standard on paid sick leave, a rarity among industrialized nations. “The most disempowered workers – who are low-wage workers – don’t have an opportunity to demand paid sick leave from their employers,” he said. Railroad workers’ battleWhile the vast majority of union members have paid sick days, the freight railroad workers do not. Meanwhile, a growing number of states, cities and counties have been enacting paid sick leave laws in recent years. Advocates see the railroad workers’ battle as an opportunity to renew interest in expanding the availability of paid sick leave.

☆ Class of 2023 rejoice: Companies are ramping up hiring of new college grads as experienced workers are harder to find amid the labor shortage
▼ + stars: | 2022-11-06 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +9 min

The labor market is still tight, but employers are ready to hire from the pool of new college graduates. NACE found that respondents plan to hire 14.7% more 2023 graduates compared to the class of 2022. That's good news for workers, especially recent college graduates. "For instance, in many cases it costs less to hire a recent college graduate compared to a mid-career or senior-level professional." But it noted "only 6% expect to cut back on hiring new college graduates."

☆ Fidelity is the latest employer to offer free college education to workers
▼ + stars: | 2022-11-03 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Despite growing economic uncertainty, employers are still waging a war for talent, and employees are coming out ahead. Now, more businesses are expanding their benefit offerings with free college programs to attract and retain workers. Most recently, Fidelity Investments said it will offer fully funded undergraduate degrees to 18,000 employees, including entry-level customer service phone representatives. Roughly 38,000 Citi front-line consumer banking employees are eligible for its education benefits program, including free college. Now, 48% of employers said they offer undergraduate or graduate tuition assistance as a benefit, according to that survey.

☆ A state-by-state guide to where you're guaranteed paid time off for voting—and where you aren't
▼ + stars: | 2022-11-01 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Federal law doesn't require employers to give employees any time off to vote, much less paid time off. Instead, the laws vary from state to state: Just 29 states and the District of Columbia currently require employers to give employees time off to vote in general elections. Only 23 of them require that you actually get paid for that time, and those rules also vary by state. Some require up to three hours of paid time off, while other states leave it up to employers to determine what constitutes a "reasonable amount of time to vote." That leaves 21 states where your employer is not required to offer you any time off in order to cast your ballot next week.

☆ 96% of bosses say they give in-office employees more recognition—how to combat 'proximity bias'
▼ + stars: | 2022-10-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

As more companies adopt hybrid work arrangements, with teams split between in-person and remote employees, a pressing question arises: How important is it, really, to be clocking in face-time with your bosses and co-workers? While an overwhelming majority of executives place greater value on in-office contributions, 42% of employees believe their bosses notice their remote contributions as much as their work in the office. There's a difference in opinions, however, among executives and employees on the importance of face-time. Envoy found that a greater percentage of female executives (8%) notice employees' remote contributions as much as in-office contributions compared to their male counterparts (3%). Gen Z employees were the most aligned with executives, with 73% of Gen Z employees believing that their onsite contributions are noticed more, while just 56% of workers from different generations agreed.

☆ Papa John's is the latest employer to offer free college for frontline workers
▼ + stars: | 2022-09-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn a war for talent, employers are drastically expanding their benefit offerings to attract and retain workers. More from Personal Finance:Inflation and higher rates are a ‘dangerous mix’Companies are slashing parental leave benefitsHere are the 'most employable' college degrees "Wherever you can differentiate yourself is pretty critical," said Marvin Boakye, Papa John's chief people and diversity officer. Now, nearly half, or 48%, of employers said they offer undergraduate or graduate tuition assistance as a benefit. "We're seeing it shift a little in how they are thinking about attracting talent," according to Buban. "The majority of our leadership team were delivery drivers and moved up through the organization," Papa John's Boakye said.

☆ New York’s Landmark AI Bias Law Prompts Uncertainty
▼ + stars: | 2022-09-21 | by ( Richard Vanderford | ) www.wsj.com time to read: +7 min

“If you are an organization that’s using some type of these tools…it can be pretty confusing.”The city law will potentially impact a large number of employers. New York City in 2021 had just under 200,000 businesses, according to the New York State Department of Labor. AI technology can help businesses hire and onboard candidates more quickly amid a “war for talent,” said Emily Dickens, SHRM’s head of government affairs. Which is scary,” Ms. Zuloaga said, adding that she supports the scrutiny AI systems have started to receive. Some critics have argued the New York law doesn’t go far enough.

☆ Here's what to do if you find out an employee is in a secret relationship with a boss
▼ + stars: | 2021-05-25 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

Office romance is tricky— especially if you find out an employee is in a relationship with a boss. 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.

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