Happy And Succeeding In The Future Of Work: Weekly Roundup
Jack Kelly
Forbes, Board of Directors Blind, Founder and CEO of The Compliance Search Group and Wecruitr.com, Co-host of the Blind Ambition Podcast
A recent?study?conducted by?Workvivo, an employee experience app that increases employee engagement, highlights the challenges human resources professionals have to contend with. The study surveyed more than 520 HR professionals in the United States and U.K. on burnout in the HR department. The results are concerning—and should create a call to action. READ FULL STORY
Paid time off (PTO) has always been an issue. Candidates with 10-plus years of experience, at the end of a long interview process, would receive an offer and then inquire about benefits. It would be common for the human resources person to say that you will be afforded two weeks’ vacation with a small amount of PTO. READ FULL STORY
Barring any new surprises, it looks like companies are on track for a return to the office. There’s a segment of the workforce that wishes to remain solely remote. Meanwhile, tech companies are championing a hybrid model—spending two or three days a week in the office and the rest at home or anywhere else—and Wall Street banks demanding people to be in the office five days a week. READ FULL STORY
It’s pretty obvious, at this point in time, that employees would prefer to remain working at home or remotely anywhere they so choose. Meanwhile, management and C-suite executives are eager to have workers get back to their desks at headquarters. Since the unexpected two-year trial run of remote work was so highly successful, bosses don’t have the evidence to order people to start commuting once again into the city and sit in a cubicle for over eight hours a day, five days a week. READ FULL STORY
In 2021, landlords were petrified. The abrupt mass pivot to remote work looked like office buildings, based in major global cities, were a relic of an antiquated age. In a time of social distancing, herding thousands of human beings into close contact in steel enclosures for eight to 10 hours under fluorescent lights and forced air seemed barbaric. READ FULL STORY
A “zero tolerance” Covid-19 policy in China has caused chaos, fear, panic and dread. Shanghai, one of the largest cities in the world, with around 26 million residents, is under strict lockdown, due to draconian government orders. It’s somewhat surprising, as Shanghai is a relatively wealthy area, financial hub and home to large global corporations, including Tesla and Apple. READ FULL STORY
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Etsy is an online platform that enables artists and creative entrepreneurs to sell their handmade vintage items, jewelry, bags, clothing, home decor, furniture, toys and art to customers. During the pandemic, the eCommerce retailer saw a huge spike in consumer interest—sending the company’s stock price to record highs of nearly $300 per share. As the virus outbreak waned and restrictions lifted, the stock plummeted to around $117 per share. READ FULL STORY
The tech sector is on fire. The pandemic compressed a decade of digital innovations and advancements into just a couple of years. There has been a flood of new startups, initial public offerings and venture capital investments fueling the flames of rapid growth. READ FULL STORY
It’s disconcerting that venture capital and corporate leaders turn a blind eye at times to CEOs that may be brilliant, but toxic. You may recall the viral story of Vishal Garg, CEO of unicorn mortgage lender startup Better.com. After receiving a $750 million cash infusion with a valuation of around $7 billion, Garg bluntly informed his 900 employees that around 15% of the workforce will be fired in a cold, awkward?one-way video announcement. READ FULL STORY
Love or hate him, you have to admire Elon Musk’s chutzpah. Musk, one of the richest men in the world, recently disclosed a 9.2% investment in Twitter making him the largest shareholder, with a seat on the Board of Directors. While the social media site is smaller compared to Meta, Instagram and other massive platforms, it serves as the public town square. Much of the public discourse takes place on the site. Journalists, politicians, financial professionals and people from across all social and economic strata weigh in with their thoughts and opinions. READ FULL STORY
Walmart Thursday?said?its drivers can now make up to $110,000 in their first year at the company—and more once they hit longer tenures— in the latest sign the massive?trucker shortage?is causing major employers to do more to attract new drivers. READ FULL STORY
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About Jack Kelly
Jack?Kelly is the CEO, founder, and executive recruiter at one of the oldest and largest global search firms in his area of expertise. He has personally placed thousands of professionals with top-tier companies over the last 20-plus years. Jack?is passionate about advocating for job seekers. In doing so, he founded a start-up company, WeCruitr, at the beginning of the Covid-19 pandemic. The mission of WeCruitr is to help people in need and make the job search more humane and enjoyable. As a proponent of career growth,?Jack?shares his insider interviewing tips and career advancement secrets as a Senior Contributor for Forbes.?He?also covers timely topics related to corporations, high-profile people, Wall Street, politics and other important matters. The pieces offer insight into the news and how it may impact your career. Jack is the author of?How To Get A Job In Tough Times, as well as the co-host of the?Happy And Succeeding In The Future Of Work?podcast.