Spiceworks
AUGUST 15, 2024
Cisco Systems, Inc. announced it will layoff approximately 7 percent of its global workforce, or approximately 5,000 employees. The post Cisco to Layoff 7% of Global Workforce to Focus on AI and Security appeared first on Spiceworks Inc.
McKensey
AUGUST 15, 2024
While AI and generative AI may enable a new age of productivity, redesigning end-to-end processes and using traditional optimization methods can lay the foundation for transformation.
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Office Skills
AUGUST 15, 2024
The Burnout Battleground: Why Women Are More Susceptible And How Businesses Can Bridge The Gap Employee burnout, a state of emotional, physical, and mental exhaustion caused by prolonged or stress, […] The post Employee Burnout appeared first on Office Skills Training.
Workplace Insight
AUGUST 15, 2024
A new poll claims that a significant majority of voters who supported the new Labour government are in favour of transitioning the UK to a shorter working week. According to data collected by Survation and commissioned by The Autonomy Institute , 72 percent of Labour voters back the idea of a four-day work week. The survey, which included responses from 2,048 adults, specifically asked whether participants would support a government initiative to move towards a shorter working week, with no loss
Office Snapshots
AUGUST 15, 2024
How can workplace design seamlessly blend an organization’s ethos with the ever-evolving needs of its employees? This was the question Genworth, a long-term care financing and services firm, asked as they prepared to transition from their multi-building campus to a renovation-ready 1970s office building. With a blank canvas before them, they aimed to craft an office experience that not only embraced employees’ post-pandemic lifestyle changes but also prioritized satisfaction, excitement, l
Workplace Insight
AUGUST 15, 2024
People are commonly blind to how much influence Generative AI (GenAI) has over their work, when they choose to enlist the support of technologies such as Chat GPT to complete professional or educational tasks, new research finds. The study, carried out by associate professors Dr Mirjam Tuk and Dr Anne Kathrin Klesse alongside PhD candidate Begum Celiktutan at Rotterdam School of Management Erasmus University , claims to reveal a significant discrepancy between what people consider to be an
Work Life
AUGUST 15, 2024
Starbucks said on Wednesday incoming CEO Brian Niccol was eligible for annual equity awards worth $23 million and would receive additional stock grants of $75 million for giving up his shares in Chipotle Mexican Grill. Niccol’s initial annual base salary will be $1.6 million, Starbucks said in a filing. He will also receive a cash signing bonus of $10 million.
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Work Life
AUGUST 15, 2024
All managers make mistakes. However, some mistakes are not only avoidable, they’re costly to business and hinder team’s development and growth. Most managers are too busy playing a catch-up game—handling unexpected issues, calendars filled with meetings, and pacifying unhappy stakeholders—that they fail to pay attention to harmful practices that hurt their team’s productivity and performance.
Office Snapshots
AUGUST 15, 2024
It’s not everyday you get to design a dream workspace for yourself. But after outgrowing our previous space, we jumped at the chance to transform an unloved building into Bath’s best office. The brief? After previously working in a basement, we wanted a light-filled new office, with flexible workspaces to suit everyone. Areas of community were particularly important, as was being able to host clients, suppliers and friends of Interaction.
Work Life
AUGUST 15, 2024
“I honestly don’t know how I became this person.” This anguished remark came as a newly promoted pharmaceutical executive read through an assessment report detailing scathing feedback from his team and colleagues. Long known as an engaging leader who cultivated high-performing teams, it took less than a year in a new role for him to be described as combative, self-absorbed, and overly competitive.
Wellness 360
AUGUST 15, 2024
Social media is a powerful tool for communication and connection, but it also carries significant downsides. In the U.S., concerns about the impact of social media on mental health are growing. As of February 2023, one-third of people reported experiencing negative effects from social media. At work, employees often browse social media during breaks, unaware […] The post The Impact of Social Media on Mental Health in the Workplace appeared first on Wellness360 Blog.
Work Life
AUGUST 15, 2024
Employees and executives remain in a battle of wills over where workers should be based. The result is a stalemate: Hybrid work is the new norm. There is no fairy godmother floating in to make the often awkward shared-time arrangement of hybrid work magically disappear. No, the job of making hybrid work function falls on the shoulders of our nation’s corps of middle managers.
Office Snapshots
AUGUST 15, 2024
The office of Tyger Capital, formerly known as Adani Capital, designed and built by JTCPL Designs, exemplifies modern office architecture with a global touch. Situated on the 19th floor of the iconic Rupa Renaissance building in Navi Mumbai, this 55,000 square foot space boasts a harmonious blend of functionality and aesthetics. The premises enjoy an enviable location with scenic mountain views to the east and stunning city and sea vistas to the west.
Work Life
AUGUST 15, 2024
Employees want to find meaning in their work , but they also want to feel like they mean something to their employer. According to a survey by the career site Indeed , not feeling valued and wanting better relationships with management are two of the top five reasons people quit. “As humans, we just want to feel seen, heard, and appreciated,” says Jessica Chen, author of Smart, Not Loud: How to Get Noticed at Work for All the Right Reasons.
Mad in America
AUGUST 15, 2024
Dearest Doctor #2, don’t dollop me in shame (or throw me a death sentence for that matter). Don’t tell me I need to be happy with just scraping by. Yes, I can bear your diagnosis, AND I can still thrive. The medical perspective is barely alive. You’re supposed to help me heal. Your drugs are like band-aids on bullet holes. Stop acting like they’re miracles.
Work Life
AUGUST 15, 2024
The diversity, equity, and inclusion (DEI) backlash has set in. From slashed budgets to reduced DEI leadership, the corporate initiative that rose to prominence in 2020 now faces increased scrutiny. On top of the economic and political pressures leaders face, many are not measuring results from their DEI programs, and thus remain unsure of their impact.
Workplace Insight
AUGUST 15, 2024
An analysis by the European Central Bank (ECB) has raised concerns that several of the Euro zone’s leading banks may be inflating the value of commercial property, potentially obscuring the true state of their loan portfolios in a sector that is facing significant challenges. The analysis suggests that some banks are failing to properly account for the steep downturn in the commercial property market, which has been severely impacted by higher borrowing costs and weakened demand as busines
Success
AUGUST 15, 2024
Any parent who has taken extended time off work to raise their kids knows that trying to return to the workforce is a daunting task. Applications are met with questions about gaps on their resume—and if parents aren’t overlooked or rejected and do eventually get hired, the logistical nightmare of who picks up the kids from school or provides affordable child care during the nine-to-five workday adds a heap of stress onto balancing a new job with the responsibilities of family life.
Sarah Levitt
AUGUST 15, 2024
It happens to all of us. We get defensive or self-protective and don’t want to hear feedback that isn’t positive or celebratory of us. The irony is that we risk the very information that could be most helpful to us for future success. (Note: This does not mean allowing everything in.
Success
AUGUST 15, 2024
Nobody could have predicted today’s C-suite leaders would need to know how to navigate artificial intelligence , let alone a pandemic, a volatile economy and global unrest. Given the unpredictable nature of the future unknowns, hiring teams have a unique challenge and an opportunity—finding leaders with timeless strengths. Laura Gassner Otting is a Wall Street Journal bestselling author ( Limitless and Wonderhell ) who has spent 25 years consulting with executives from the corner office to the O
Work Life
AUGUST 15, 2024
My career was never a straight line. There were lots of zig-zags before I founded a multimillion-dollar leadership communications firm, The Humphrey Group. I never had a detailed plan for my future. What guided me was a willingness to quit jobs where I didn’t think I would succeed, where the people I worked with were not supportive, or I where felt there was a poor fit between my talents and ambitions and my current role.
WELCOA
AUGUST 15, 2024
Once viewed as a rare perk, working from home (WFH) became necessary for many during the pandemic. Despite the benefit’s popularity among many workers and businesses, some organizations have reverted their WFH policies amid fears of losing productivity and collaboration, replacing flexible and remote work arrangements with in-person mandates. In his article “Rethinking Group Insurance Benefits: Meeting the Needs of Hybrid and Remote Employees” in the May/June issue of Plans & Trusts ,
Minding the Workplace
AUGUST 15, 2024
(image courtesy of clipart-library.com) Long-time readers of this blog may know that I sometimes use this space to do some thinking out loud, by sharing thoughts and ideas that are still works-in-progress. The complicated realm of cancel culture is one of those ongoing contemplations. In a December 2023 blog entry, “Cancel culture knows no ideological boundaries, only an eliminationist instinct” ( link here ), I defined cancel culture this way: Cancel culture…is a disproportio
BMT Office Administration
AUGUST 15, 2024
When the IRS outlined its next steps for employee retention credit fraud enforcement , it said it would begin sending out disallowance letters to the 10% to 20% of employers that clearly didn’t qualify for the credit. Those letters have now started to flow. Recipients—or, more likely, their lawyers—have noticed some egregious errors. Letter 105C If the IRS disallows your ERC claim, you will receive Letter 105C, Claim Disallowance.
Work Life
AUGUST 15, 2024
In the face of shrinking populations , many of the world’s major economies are trying to engineer higher birth rates. Policymakers from South Korea , Japan , and Italy , for example, have all adopted so-called pronatalist measures in the belief that doing so will defuse a demographic time bomb. These range from tax breaks and housing benefits for couples who have children to subsidies for fertility treatments.
Success
AUGUST 15, 2024
President Joe Biden surprised Democrats and Republicans alike when he stepped down following intense scrutiny calling for him to drop out of the presidential race. Public perception of his physical and mental health , along with his older age, led to numerous callouts for him to reconsider pursuing leading the country for another four years. Regardless of political opinion, Biden’s resignation prompted Americans to take on a discussion both old as time yet as difficult to navigate as always: whe
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