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☆ Employees don't trust bosses anymore, says psychologist: They got a 'champagne taste' of great leadership during the pandemic
▼ + stars: | 2024-07-19 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

If you're having trouble trusting your boss right now, you're not alone. Gone are the days of seeing managers in their homes on virtual meetings, bonding over shared pandemic experiences and chatting about families and lifestyles, he says. They had all that exposure to senior leadership and then that got scaled back," Granger tells CNBC Make It. Add on the waves of layoffs that occurred after the pandemic — some of which took place abruptly over email or Slack — and employees feel more stressed and less trusting than ever, says Granger. The result: Bosses may find it difficult to effectively lead their organizations, and workers could quiet quit — or actually go.

Persons: Ben Granger, Granger, Slack — Organizations: CNBC, Resilience Survey Locations: Qualtrics

☆ Germany's plan to halve military aid to Ukraine is a gift to Trump, expert says
▼ + stars: | 2024-07-19 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewA draft budget approved by Germany's government shows the country is planning to halve its military aid to Ukraine next year. The draft budget slashes the amount promised to Ukraine to $4.35 billion in 2025, compared to the roughly $8.14 billion it is receiving this year, Reuters reported. There are fears that Trump will scale back or even totally halt US aid to Ukraine. Germany is the second-biggest donor country by volume of military aid to Ukraine and is Europe's biggest economy. As such, the draft budget is a "moral hazard" for the country, Loss said.

Persons: —, Christian Lindner, Lindner, Rafael Loss, Donald Trump, Mary, Trump, he's, MAGA, JD Vance, there's, Olaf Scholz, Scholz Organizations: Service, Reuters, German, Business, European Council, Foreign Relations, Ukraine, Politico, Trump Loss, NATO Locations: Ukraine, Germany, Berlin, Europe

☆ I've stopped making friends at work
▼ + stars: | 2024-06-04 | by ( Alexandra Karplus | ) www.businessinsider.com time to read: +8 min

Because the city has a large transient population, I've seen many friends and coworkers come and go — but even this has had benefits. I've made trips to visit my work friends in their new homes around the world. Work friendships started back in New York and are still going strongThese types of strong connections with colleagues didn't just start in Singapore. More than half of those surveyed said they'd met a close friend through their work or a spouse's work. I haven't been introduced to any of my coworkers' friends or partners, nor has my husband met any of them.

Persons: —, Peter, he'd, I've, I'm, didn't, Jacques Torres Chocolate, lockdowns, they'd, Slack, Vivek Murthy, Murthy, haven't Organizations: Service, Singapore Botanic Gardens, Business, Global, Business Insider, Research, Survey Center, American, Associated Press Locations: Singapore, New York, Guildford, Bali, —, Manhattan, Dumbo , Brooklyn, Bangkok

☆ 4 Slack communities helping creators of color and women land paid deals and discuss obstacles they face building businesses
▼ + stars: | 2024-03-08 | by ( Shriya Bhattacharya | Marta Biino | ) www.businessinsider.com time to read: +7 min

For creators and influencers, working online means it's not always easy to build community. TikTok creator Morgan Gadley started the Slack workspace OohhMG in early January because she wanted other BIPOC creators to have access to the brand deal opportunities that were constantly flooding her inbox. Here are four Slack workspaces helping women and creators of diverse backgrounds build their brands, as well as three other groups for influencers. After that, she started introducing creators of color with smaller followings into the group. Other Slack groups for influencersHere are three other Slack groups that influencers told BI have helped them make industry connections or land deals:

Persons: Slack, TikTok, Morgan Gadley, Jessy Grossman's, —, I've, Florence Howard, Shaakira Molisho, they've, Gadley, Grossman, she's, Calveiro, Ogilvy, Naimeesha Murthy, influencers Organizations: Business, Walmart, LinkedIn, Products, Women Locations: New York, India

But in the last few years, increasing pay transparency has become a common cause for young workers, anti-discrimination advocates, and, increasingly, state legislators. But employers in states with transparency laws make up for it by imposing informal rules that prevent employees from talking about pay. If the "new norm" of salary transparency had supplanted the old taboo, then we'd expect a large majority to chafe under outdated restrictions against discussing pay. Strong support for managers in general appears to translate into strong support for managerial approaches to pay secrecy or transparency. If salary transparency is actually going to become the "new norm," it will clearly require more than our existing set of state laws.

☆ Benioff vs. Benioff
▼ + stars: | 2023-04-28 | by ( Ashley Stewart | Ellen Thomas | ) www.businessinsider.com time to read: +29 min

Within Salesforce, Benioff riffs are at times met with backlash from an angry workforce. "You're not going to fire your family during times of need," a former Salesforce executive told Insider. "I don't think they understand Ohana," Benioff told Insider. "Look, we have to be the example of stakeholder capitalism," Benioff told Insider. A 'New Day' at Salesforce"I use the Japanese principle of shoshin, beginner's mind," Benioff told Insider in a phone interview in March.

☆ Salesforce's Marc Benioff has revised a plan to stack rank a bottom 5% and ordered employees back to the office, according to leaked messages
▼ + stars: | 2023-02-21 | by ( Ellen Thomas | Ashley Stewart | ) www.businessinsider.com time to read: +6 min

Salesforce CEO Marc Benioff has made revisions to the company's annual strategic plan, including return-to-office mandates and policies that would have implemented stack ranking, according to an internal Slack message viewed by Insider. "He's still pushing performance culture," a Salesforce employee who read the revised draft told Insider. It currently requires three days a week in the office for non-remote employees and four days a week for employees in "non-remote" and "customer-facing" roles. Revenue for fiscal 2022 grew 25%, to $26.5 billion, according to the company's annual report. Or, as an employee previously posted in a Slack channel, "Can execs commit to never referring to Salesforce employees as 'family' again?

☆ 'People come and people go,' says a defiant Benioff. And we're sticking with the Salesforce CEO despite the smoke
▼ + stars: | 2022-12-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

In a CNBC interview Thursday, Jim Cramer pressed Salesforce co-founder and veteran leader Marc Benioff on the recently announced departure of his co-CEO , Bret Taylor. Taylor will step down as his co-CEO at the end of January , at which point Benioff will resume his prior role as sole chief executive. For his part, Jim said he was satisfied with Benioff's responses, while reiterating the Club's continued backing of the stock. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Salesforce cofounder and co-CEO Marc Benioff speaks during the grand opening of the Salesforce Tower, the tallest building in San Francisco, Calif., Tuesday, May 22, 2018.

☆ Salesforce is losing the key execs behind some of its biggest and most expensive bets at a critical moment
▼ + stars: | 2022-12-06 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +5 min

Slack CEO Stewart Butterfield is also departing, along with some other product-focused execs. The departing execs championed Salesforce's product strategyThe departures of Taylor, Butterfield, and Nelson come as Salesforce's strategy comes under the microscope on Wall Street. With Slack and Tableau, Salesforce already had a lot to prove. Salesforce has already said that Lidiane Jones, an executive VP, will take over for Butterfield as Slack CEO. What it does mean, however, is that Salesforce, Slack, and Tableau are all losing the biggest champions of the integrated product strategy right as the company faces hard questions.

☆ Big Tech workers who've been laid off finally get a vacation
▼ + stars: | 2022-12-02 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

For some laid-off tech workers, that thought isn't confined to just daydreams — some employees told us that since they've been laid off, they've taken the opportunity to finally go on vacation. In Big Tech, getting laid off can mean taking a fancy vacation. While the typical US worker receives little to no severance pay when they get laid off, firms like Facebook, Snap, and Twitter have been relatively generous. Some laid-off tech workers have racked up few years of sky-high pay, frequent bonuses, generous stock awards, and now, decent severance — so some are thinking, "why not travel?" See where other "freed" tech workers are headed.

☆ These 16 cloud-software companies could be acquired by tech giants or private equity as the economy sours, according to RBC analysts
▼ + stars: | 2022-10-18 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +3 min

Here are the 16 software firms RBC analysts say are M&A targets for tech giants and private equity. More software M&A is in the forecast as valuations and stock prices continue to drop — and private companies aren't the only ones likely to get gobbled up. Additionally, private-equity firms will likely continue snapping up public cloud-software companies and taking them private while prices are low, according to analysts. "In other words, we believe larger scale debt-financed private-equity takeouts could be unlikely in the near-term," RBC analysts wrote. Here are the 16 software firms that are M&A targets, according to RBC analysts:

☆ While DeSantis was flying legal asylum seekers to Martha's Vineyard, business owners in his state are struggling for workers
▼ + stars: | 2022-09-26 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

Which is why some business owners in Florida were perplexed when Florida Governor Ron DeSantis sent legal asylum seekers from San Antonio, Texas, to Martha’s Vineyard on two flights earlier this month. Asylum seekers are legally able to work in the United States while they await their asylum cases. Whether the asylum seekers intended to go to Florida or not, business owners there are signaling they would welcome them. Florida granted 7,101 asylum seekers permanent political asylum status between 2018-2020, just behind California and New Jersey. Gautam believes if more asylum seekers are granted permanent status, it will be “a game changer” for the longevity of his business and workforce.

☆ While DeSantis was flying legal asylum seekers to Martha's Vineyard, business owners in his state were struggling for workers
▼ + stars: | 2022-09-26 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

Which is why some business owners in Florida were perplexed when Florida Governor Ron DeSantis sent legal asylum seekers from San Antonio, Texas, to Martha's Vineyard on two flights earlier this month. Asylum seekers are legally able to work in the United States while they await their asylum cases. Whether the asylum seekers intended to go to Florida or not, business owners there are signaling they would welcome them. Florida granted 7,101 asylum seekers permanent political asylum status between 2018-2020, just behind California and New Jersey. Gautam believes if more asylum seekers are granted permanent status, it will be "a game changer" for the longevity of his business and workforce.

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