It’s hard to overstate the impact a proactive, insightful manager can have on a business — and its employees. At a time of unprecedented turnover, feeling connected to, respected by, and engaged with one’s manager is vital. Not to mention, recent research from analytics company Visier shows that highly effective managers drive 48% greater profits […]
Read MoreIllustration by Laurent Duvoux Jobs are plentiful; workers are in short supply. And their scarcity is having far-reaching effects on the labor market. Every student of economics learns the diamond-water paradox—that although water has more intrinsic value for our survival, diamonds command a higher price because of their relative scarcity. Less than two years after […]
Read MoreRecord numbers of Americans have quit their jobs in recent months, with more than 4.4 million submitting their resignation in September alone. Millions more may be preparing to follow them to the exits – one survey found that around a third of workers wanted to make a career change. But one of the things I learned over the […]
Read MoreBefore the pandemic, effective leaders benefited from a deep understanding of human psychology, including what motivates people and makes them feel fulfilled. Today, they require it. Abstract psychological concepts like intrinsic motivation and a sense of belonging are the main indicators of strong work performance and company loyalty, David Rock, cofounder and CEO of the […]
Read MoreMillions of people have quit their jobs this year. Some are looking for better opportunities while others are simply taking their leave from the American workforce. Collectively, the massive exit wave — nicknamed the Great Resignation — is a surprising effect of the coronavirus pandemic. As a result, there are more than 10.4 million open […]
Read MoreMany of us have re-evaluated our priorities during the pandemic, whether it’s seeking a better work-life balance or even a different job or career. According to a new Bankrate survey, over half of American workers are looking for new employment in the next year—and for groups disproportionately affected by the pandemic, such as Gen Z, […]
Read More(Bloomberg) — Exxon Mobil Corp. plans to close two Houston-area office towers after a raft of of unprecedented job cuts and employee departures over the past year and a half. Workers in the suburban office buildings known as Hughes Landing in The Woodlands, Texas, will relocate to the oil giant’s main Houston-area campus a few […]
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