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☆ Most Gen Z Brits want to 'be their own boss' — but one expert says they'll face a reality check
▼ + stars: | 2024-09-13 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

Gen Z is increasingly proving to be the entrepreneurial generation, with the majority wanting to set up their own business — but one expert warns it might not be as straightforward as they think. In contrast, just over a third of Gen X and Boomers said there were fewer opportunities to start their own businesses when they were young because of pressures to pursue traditional education and career paths. Gen X were born between 1965 and 1980, while baby boomers were born following World War II, between 1946 and 1964. "Gen Z is proving to be the most entrepreneurial generation yet, and it's no coincidence," Sam Jones, Dragon's Den star and founder of Gener8, said in the survey. "Instead, entrepreneurship appeals to Gen Z as it offers more control over their work and life, opportunities for innovation, and the potential to leverage their technological skills.

Persons: Z, —, X, Gen X, Sam Jones, Dragon's, Gener8, they've, They're, –, Dan Schawbel, Alexis Firment, they're, Schawbel, Gen Organizations: Santander UK, Boomers, Workplace Intelligence, CNBC Locations: Ohio

☆ A tech company with 30,000 workers is bucking the trend of enforced RTO and letting its employees be completely flexible
▼ + stars: | 2024-04-15 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +3 min

Globant, a software company with nearly 30,000 employees, is letting its workers stay fully remote. AdvertisementWhile many tech companies have enforced workers' return to the office, software company Globant is allowing its nearly 30,000 employees to remain fully remote. Related storiesOther companies haven't been so favorable on remote work and have enforced RTO mandates for at least part of the working week . AdvertisementWhile Dell told employees that if they went fully remote, they would not be considered for promotion. Those who enforce RTO mandates say that it boosts productivity and facilitates collaboration, improving the company's bottom line.

Persons: Bloomberg he's, —, Martin Migoya, Migoya, haven't, Dell, Dan Schawbel, millennials Organizations: Bloomberg, Service, Apple, Meta, Google, Katz Graduate School of Business

☆ Deutsche Bank's 3-day-a-week return-to-office policy has been met with fierce criticism by staff who say there isn't enough space for everyone
▼ + stars: | 2024-02-28 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Deutsche Bank staff have criticized the company's new return-to-office policies. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "There's enormous resistance among staff," Stephan Szukalski, the head of the labor union DBV, which represents Deutsche Bank staff, told Bloomberg via email. Szukalski, who is also part of the bank's supervisory board, said there isn't enough office space and that staff are already complaining about bottlenecks. The spokesperson told BI: "The bank remains committed to our hybrid working model, which has been received extremely positively by staff.

Persons: —, Christian, Rebecca Short, Stephan Szukalski, Szukalski, EY, Dan Schawbel, Nicholas Bloom Organizations: Deutsche Bank, Staff, Service, Bloomberg, Business, DBV, Google, General Motors, SAP, Stanford Locations: Germany

☆ 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

☆ 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

☆ 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

☆ 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

☆ 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

☆ 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

☆ 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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