Happy At 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
In this episode of the Happy at Work, we spoke with Dr. Laura Hamill about mitigating burnout in the workplace.
Laura Hamill, PhD, is an organizational psychologist and owner of Paris Phoenix Group, a consulting firm specializing in the intersection of science and HR. Laura also was a co-founder of Limeade, an employee experience software company, holding the Chief People Officer and Chief Science Officer roles, and she continues her work with Limeade as their Chief Science Advisor. Before Limeade, she worked at Microsoft as the Director of People Research and has worked at various other companies in employee research roles.
Learn more about Limeade: https://www.limeade.com/
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Economists and Wall Street experts were expecting a major loss of jobs or modest increase in employment for the month of January. Instead, surprising all of the prognosticators, employment?boomed with the addition of 467,00 jobs. The unemployment rate was little changed at around 4%, the United States Bureau of Labor Statistics reported Friday. Of note, employment growth continued in leisure and hospitality, in professional and business services, retail trade, transportation and warehousing. A record-setting surge in Omicron and Covid-19 cases was thought to derail growth, but it didn’t have the devastating effect economists anticipated. Read full story here.
Ari Meilich was an early pioneer in the metaverse by building Decentraland, along with Esteban Ordano and their team, the first decentralized virtual reality space in 2017. Through a $24 million initial coin offering, the proceeds went toward creating a unique virtual reality experience. The project enabled users to build a wide array of interactive experiences, ranging from playing video games to building cities and attending live events. Read full story here.
It’s a global renaissance for workers, as the tight job market has forced the hands of management. They now need to do whatever it takes to attract, recruit and retain employees. Businesses are offering free college tuition and remote, hybrid and flexible work styles. They are now also attentive to the mental health and emotional well-being of workers and concerned about helping people stave off burnout. Read full story here.
While you are doom scrolling on social media and hate watching cable news each evening, you’re missing the real story. There are wonderful advancements taking place to improve your work lives. People have taken for granted remote and hybrid work choices and the acceptance of becoming a digital nomad, working anywhere in the world—along with being paid the same as you did when residing in New York or San Francisco. Now, the world is starting to see the dream of a four-day workweek and three-day weekend becoming a reality. Read full story here.
“In the last year, job openings soared and record levels of worker turnover shifted the balance of power to the worker, with a large swath of employees and job seekers fine-tuning a better work-life balance,” said job aggregator site Glassdoor. To give a sense of the marketplace, Glassdoor has released its annual 50 Best Jobs in America report for 2022. The methodology behind the research included identifying specific jobs with the highest overall Glassdoor job score determined by “weighing three factors equally: earning potential (median annual base salary), overall job satisfaction rating and number of job openings. Results represent job titles that rate highly among all three categories.” Read full story here.
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The Great Resignation trend is still staying strong. Millions of Americans are quitting their jobs at record rates, with around 4 million leaving in some months. This is a positive development, as people no longer feel compelled to remain stuck in a dead-end job that is low paying, hating your?boss and being treated harshly. Read full story here.
In 2021, all eyes were on tech, cryptocurrencies and NFTs. Under the radar, Wall Street had a banner year. Trading, initial public offerings, SPACs, deal making, mergers and acquisition and wealth management did extraordinarily well during the pandemic. Read full story here.
We are in a hot job market. Businesses—ranging from mom-and-pop shops to mammoth global companies, such as Apple and Amazon—are desperately trying to find workers. Managers are also fearful of losing their best and brightest to their competitors. Read full story here.
Inflation is out of control. There is a Great Resignation trend with millions of people quitting their jobs and businesses waging a war for talent?to find, attract, recruit and retain workers. The value of the dollar has degraded, as inflation skyrocketed 7%. Bitcoin and other cryptocurrencies have become an attractive alternative for people to improve their financial situation. Read full story here.
A dirty, little secret of recruiting was exposed on social media. An internal recruiter for a Fortune 100 electronic manufacturing company proudly posted that she offered a candidate $85k for a job that had a budget of up to $130k. Her rationale for giving the lower end of the spectrum was that she didn’t have the “bandwidth to give lessons on salary negotiations.” Read full story here.
President Joe Biden told United States federal agencies to regulate cryptocurrencies and other digital assets, like NFTs. Biden maintains that regulating this fast-growing industry is so important that it’s become a “matter of national security.” It’s an interesting point of time for this action, as the crypto market is going through a tumultuous time, losing large amounts of value for its investors. Read full story here.
While Meta and other companies are creating virtual and augmented realities online, Sandbox VR is bringing an immersive metaverse experience to a location near you. The Hong Kong and Silicon Valley-based company, founded by CEO Steve Zhao, created technology that makes you feel as if you are in a blockbuster action movie. Read full story here.
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 At Work?podcast.