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Search resuls for: "Work Summit"


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☆ Elite New York restauranteur Will Guidara on why luxury spending isn't the key to making people happy
  + stars: | 2022-11-05 | by ( Kaitlin Balasaygun | ) www.cnbc.com   time to read: +4 min
Will Guidara, former owner of elite New York City restaurant Eleven Madison Park, thought his soon-to-be wife would love the Cartier necklace he bought her for their one-year anniversary. Guidara was surprised to see that his wife appreciated this gift far more than the thousands of dollars he spent on the necklace. The lesson, according to Guidare: The weight that money holds is incomparable to the weight that time holds to humans. Mal Fairclough | Afp | Getty ImagesUnder the Make it Nice hospitality group, the two went on to open NoMad New York, Nomad Bar, Made Nice, NoMad Los Angeles and NoMad Las Vegas. One night, Guidara recalled, he saw the kids of a family from Spain mesmerized by the snow falling outside his restaurant.
☆ 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.
☆ Salesforce's Clara Shih on how chatbots are easing employee burnout
  + stars: | 2022-10-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce's Clara Shih on how chatbots are easing employee burnoutSalesforce Service Cloud CEO Clara Shih joins CNBC's Work Summit to discuss the role of technology, including chatbots, in remaking customer service post-pandemic.
☆ Dropbox CEO Drew Houston: Why companies pushing a return to 2019 office life are wrong
  + stars: | 2022-10-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDropbox CEO Drew Houston: Why companies pushing a return to 2019 office life are wrongDropbox went virtual-first during the pandemic and it is not going back, CEO Drew Houston said at the recent CNBC Work Summit. Employees overwhelmingly prefer work flexibility and the company is benefitting more than it ever imagined from this shift, he says.
☆ This CEO says companies investing in their workers are better off financially
  + stars: | 2022-10-26 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
Companies that support their workers do better financially in the long run, according to Just Capital's CEO Martin Whittaker. Companies that do right by their stakeholders, do better financially." Those names tend to perform better financially, as evidenced by how they fared during the pandemic lockdowns and reopening. The backbone of the strategy starts with paying a fair and living wage, which can better engage workers and boost productivity, he said. Whittaker points to Alphabet , Microsoft , PayPal and Verizon as some of the companies aggressively investing in their stakeholders.
☆ Maven Clinic, women and family-focused health startup, is booming in the post-Roe v. Wade world
  + stars: | 2022-10-26 | by ( Barbara Collins | ) www.cnbc.com   time to read: +4 min
Maven Clinic, a virtual women and family clinic, is allowing companies to offer their employees an extensive online network of fertility, pregnancy, adoption, parenting and pediatrics services. Ryder's goal for Maven is to put women first when it comes to their health care, filling any gaps they may experience. Maven Clinic was ranked No. Ryder said Maven Clinic was anticipating the overturning of Roe v. Wade after SB-8 in Texas in 2021, which banned virtually all abortions and health care relating to abortions after six weeks. "All the major medical associations have come out … saying this is a health access issue, a health-care issue," Ryder said.
☆ The U.S. Army is struggling to find the recruits its needs to win the fight over the future
  + stars: | 2022-10-26 | by ( Ian Thomas | ) www.cnbc.com   time to read: +7 min
That has also impacted the U.S. Army, which as the largest branch of the U.S. military has a current workforce of 466,400. "Wages have gone up a lot, and that's great for Americans, but it's making it harder for us in the Army to compete." The Army missed its recruitment goal for fiscal 2022 by 25% or 15,000 soldiers, the military service said earlier this month. However, changing the broader propensity of Americans to serve in the military is a challenge that is a much longer-term. The Army also needs to change how parents think about the Army and the risks it poses to children.
☆ A 'catastrophe' is coming for the economy, but it's not recession or inflation, says Secretary of Labor Marty Walsh
  + stars: | 2022-10-25 | by ( Eric Rosenbaum | ) www.cnbc.com   time to read: +3 min
But U.S. Department of Labor Secretary Marty Walsh doesn't see the recent job gains reversing, according to an interview at CNBC's Work Summit on Tuesday. Walsh said in a slower economy, the federal government's infrastructure act will support job growth in sectors including transportation. ... if we did have a downturn in the economy, those jobs will keep people working through a difficult time." From a policy perspective, Walsh expressed disbelief that a higher federal minimum wage remains a contentious issue on Capitol Hill. But Walsh conceded that legislation to increase the minimum wage, which was held up in the Senate, has an uncertain future ahead of the midterm elections.
☆ Why companies like UPS and Disney are allowing workers to show their tattoos
  + stars: | 2022-10-16 | by ( Ian Thomas | ) www.cnbc.com   time to read: +9 min
Companies including Disney, UPS and Virgin Atlantic have relaxed their dress and style codes to allow employees to show their tattoos in the workplace. Shifting views on tattoos at workBartlett said after that policy was well received, UPS began looking at changes to its tattoo policy. Previously, the company barred employees from showing any visible tattoos — workers with tattoos had to cover them with long sleeves or pants, or skin-colored coverings. According to the Disney cast member handbook, visible tattoos that are no larger than an extended hand are permitted except for any on the face, head, or neck. That carried over into corporate culture, where hiring managers would stereotype applicants with visible tattoos, or where employers would worry that employing someone with tattoos would turn off customers.
☆ The female venture capitalist creating billions in a new world of work beyond the office
  + stars: | 2022-10-15 | by ( Rebecca Fannin | ) www.cnbc.com   time to read: +11 min
Worklife Ventures holds weekly meetings for its portfolio company founders to seek advice from successful Silicon Valley operators. You have to have an eye out for people and for new tools," Kimmel said. Worklife Ventures is betting on good returns from its 50 investments in startups, and with nine of them as unicorns, the stakes are high. With venture funds typically having a 10-year life cycle before investment returns are tallied, Worklife Ventures still has a ways to go. Join us October 25 - 26, 2022 for the CNBC Work Summit — Dislocation, Negotiation, and Determination: The World of Work Right Now.
☆ Companies Should Treat Cyber Threats as Core Business Risk, U.S. Cyber Official Says
  + stars: | 2022-09-20 | by ( Catherine Stupp | ) www.wsj.com   time to read: +2 min
Corporate boards need to propel companies’ investment in cyber defenses and push management to treat hacking threats as a core business risk, according to a top official of the U.S. Cybersecurity and Infrastructure Security Agency. As boards learn to assess those defensive measures, cybersecurity will become more ingrained in American corporations, Mr. Wales said. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. PREVIEWRecently, the U.S. Securities and Exchange Commission proposed that companies be required to disclose detail on board members’ cyber expertise and how often the board addresses cybersecurity. CIOs should address third-party risks when discussing cybersecurity with boards, Mr. Wales said.
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