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New McKinsey data show U.S. companies are no longer promoting Black professionals at the higher rate of a couple of years ago. Photo: Gary Hershorn/Getty ImagesU.S. companies have lost momentum in promoting Black professionals into management, according to new data from McKinsey & Co.After the May 2020 murder of George Floyd set off a national conversation about race, equity and opportunity, American companies set ambitious goals for advancing Black talent in their ranks. They have made some strides in hiring and promoting more Black professionals, especially at the highest levels of the company; there are now eight Black chief executive officers in the Fortune 500, compared with four in 2020.
Persons: Gary Hershorn, George Floyd Organizations: McKinsey, Getty, McKinsey & Co
Why Is Everyone So Unhappy at Work Right Now?
  + stars: | 2023-11-27 | by ( Vanessa Fuhrmans | Lindsay Ellis | ) www.wsj.com   time to read: 1 min
Americans, by many measures, are unhappier at work than they have been in years. Despite wage increases, more paid time off and greater control over where they work, the number of U.S. workers who say they are angry, stressed and disengaged is climbing, according to Gallup’s 2023 workplace report. Meanwhile, a BambooHR analysis of data from more than 57,000 workers shows job-satisfaction scores have fallen to their lowest point since early 2020, after a 10% drop this year alone.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/if-the-job-market-is-so-great-why-do-i-feel-so-stuck-391bdf11
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/if-the-job-market-is-so-great-why-do-i-feel-so-stuck-391bdf11
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/if-the-job-market-is-so-great-why-do-i-feel-so-stuck-391bdf11
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/how-a-four-day-workweek-actually-works-from-the-companies-pulling-it-off-1a5c0e2a
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-four-day-workweek-gets-shorter-with-practice-companies-find-edc9eb2f
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-four-day-workweek-gets-shorter-with-practice-companies-find-edc9eb2f
Persons: Dow Jones
MillerKnoll Chief Executive Andi Owen in her Grand Rapids, Mich., home office. Photo: Sylvia Jarrus for The Wall Street JournalIt wasn’t the plan, but MillerKnoll Chief Executive Andi Owen passed on a crucial lesson to bosses everywhere this week: Zoom calls are a tricky venue for giving tough love to staff. Ms. Owen may have learned the hard way. In a video that sparked viral furor on social media, she gives a staff pep talk that shifts in tone as she addresses some employees’ “not-so-nice” questions about staying motivated if bonuses aren’t paid this year.
Andi Owen has run the company since 2018. Photo: Sylvia Jarrus for The Wall Street JournalThe chief executive of furniture company MillerKnoll Inc. is facing backlash after a video of her telling staffers worried about not getting a bonus to “leave pity city” went viral. “Questions came through about how can we stay motivated if we’re not going to get a bonus,” CEO Andi Owen said in a brief video shared on social media, adding that some of the questions were “not so nice.”
Illustration: SIMOUL ALVA FOR THE WALL STREET JOURNALWhether you’re about to graduate or exploring summer internships, now is the time to sharpen one of the most essential career skills you’ll ever need: networking. By now, you’ve probably heard how important professional networking is to building a future career. Finding a fulfilling job usually takes more than filling out an online application. Rather, it’s often the connections you make that open doors to new opportunities and help you stand out from the pack.
The notion of a four-day week has gained traction as the Covid-19 era ushered in acceptance of different work arrangements. Want to try a four-day workweek? Put this on the boss’s desk. A large majority of U.K. companies participating in a test of a four-day workweek said they would stick with it after logging sharp drops in worker turnover and absenteeism while largely maintaining productivity during the six-month study.
A Survival Guide for When You’ve Been Laid Off
  + stars: | 2022-11-09 | by ( Vanessa Fuhrmans | ) www.wsj.com   time to read: 1 min
You can’t predict whether you’ll be laid off, but you can have a solid plan in case it happens. The rapid succession of layoff announcements at Meta Platforms Inc., Twitter Inc. and other technology companies have put some workers on edge, and not just in Silicon Valley. The job market overall remains strong, but forecasts of slowing growth have stoked worries that more employers across the economy may slash their payrolls.
Management & Careers
  + stars: | 2022-02-22 | by ( Kathryn Dill | Angela Yang | Lauren Weber | ) www.wsj.com   time to read: 1 min
Lots of Americans decided during the pandemic they could do without the security of a regular check. Some say the path has been rewarding but challenging.
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