If you believe reports from employers, they’re desperate to find good workers but can’t lure them at any price. Talk to job seekers, though, or existing employees at those same companies, and you’ll hear a different story. READ MORE
5 Questions Every Manager Needs to Ask Their Direct Reports
Sara, a departing employee, sat across from her company’s HR leader for an exit interview. As a marketing executive for a financial services company, she was resigning after five years to take a CMO role at a fintech startup.
When the HR director asked Sara, “Is there anything else we could have done to keep you here?” Sara paused. “Yes. I wish there had been conversations about my career goals and opportunities for growth,” she said. READ MORE
Meta: Facebook owner wants to build ‘the most powerful AI supercomputer in the world’
Meta says it wants to build the most powerful artificial intelligence supercomputer in the world.
The Facebook owner has already designed and built what it calls the AI Research SuperCluster, or RSC, which it says is among the fastest AI supercomputers in the world. READ MORE
These 4 states have fully regained the jobs lost during the pandemic
America's job market hasn't fully recovered yet. But some states are already back to normal.
In November, Texas and Arizona joined Utah and Idaho in recouping all their pandemic job losses, according to a report by ratings agency Fitch. READ MORE
Meet the COVID-19 testing company behind one of Google’s most coveted perks
Last week, when many Americans were waiting in long lines and scouring drugstores for COVID-19 tests due to the spread of the omicron variant, some Googlers were casually testing daily from the comfort of their own home. The device they use, a $249 machine that churns out molecular test results in 20 minutes, comes from a San Diego-based company called Cue Health. The company has been painted as providing COVID-19 testing for the elite, but Clint Sever, one of the company’s cofounders and its chief product officer, says that the test was designed with accessibility in mind. READ MORE
How to conduct a ‘stay’ interview with your employees, and why you should
Although organizations have been obsessing over the “war for talent” for two decades, it is surprising how often they will end up losing valuable employees for avoidable reasons, such as not knowing they are disengaged and open to other opportunities. A familiar outcome of this cycle has employers trying to match or improve their competitor’s offer to retain the employee, only to realize it is too little, too late. Current concerns about the Great Resignation have no doubt increased managers’ fear of losing valuable employees in a tight talent market. READ MORE
How the US messed up its new 5G rollout: ‘It wasn’t our finest hour’
The Biden and Trump administrations had years of warnings. But the government failed this week to avoid a collision between U.S. telecom companies and airlines over the rollout of new 5G cellular networks.
That failure, rooted in longstanding disagreements over potential risk and a lack of cooperation by U.S. regulators, led to a last-minute scramble that threatened the cancellation of thousands of flights and raised tensions between two powerful industries. READ MORE
Stem the flow of employees leaving by asking this question
A record number of 4.4 million Americans quit their jobs in November while employers continue to scramble to lure talent to join their organizations. To combat turnover and attract new talent, leaders are implementing a myriad of benefits, including flexible work options, offering employee referral bonuses, and introducing additional merit increases. But for many who have quit and are looking for the next opportunity, they are looking beyond the free lunches and fitness reimbursements. This is actually the number-one question on their minds: Why should I work here? READ MORE
Why it’s sometimes harder to get a job you’re ‘overqualified’ for
The prevailing belief is this: Don’t hire overqualified workers. They’ll be bored. They’ll be dissatisfied. They’re flight risks.
But isn’t this for the candidate, not the company, to decide? Why are we comfortable believing there’s more satisfaction to be found in a job that consistently strains us past the limits of mental capacity, time, and stamina? Hasn’t the Great Resignation shown us that we can’t keep this pace? READ MORE
Starbucks facing calls for boycott after dropping vaccine mandate
Calls to boycott Starbucks erupted on social media Wednesday after the coffee giant announced that it would be reversing its coronavirus vaccine policy to align with the Supreme Court's ruling on the matter. READ MORE
The pandemic boom is over
When the coronavirus pandemic swept across the world in 2020, investors responded by pouring money into companies that would benefit from people spending much more time at home.
Netflix (NFLX) and Peloton (PTON) were two of the biggest pandemic winners, along with video call provider Zoom Video (ZM) and electronic signature firm DocuSign (DOCU).
Now, the pandemic boom is over. READ MORE
Toyota halts production at 11 plants due to parts crunch from COVID-19
The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top automaker.
Production at 11 plants in Japan will be halted Friday, Saturday and next Monday, Toyota Motor Corp. said. READ MORE
Tesla investors urge judge to order Musk repay $13 billion for SolarCity deal
Tesla Inc shareholders urged a judge on Tuesday to find Elon Musk coerced the company's board into a 2016 deal for SolarCity and asked that the chief executive be ordered to pay the electric vehicle company one of the largest judgments ever of $13 billion. READ MORE
The Next In-Demand Job Title: Head Of The Future Of Work
When the C-suite has a new management priority, a new job title often follows. In the mid-2000s, businesses added innovation executives to focus their companies on organic growth. In recent years, chief diversity officers multiplied to guide businesses toward better equity and inclusion amid a national racial reckoning. READ MORE
‘It’s All Just Wild’: Tech Start-Ups Reach a New Peak of Froth
How crazy is the money sloshing around in start-up land right now?
It’s so crazy that more than 900 tech start-ups are each worth more than $1 billion. In 2015, 80 seemed like a lot. READ MORE
Addressing the unprecedented behavioral-health challenges facing Generation Z
A series of consumer surveys and interviews conducted by McKinsey finds Gen Zers reporting the least positive life outlook, including lower levels of emotional and social well-being than older generations. READ MORE
Microsoft buying Activision in $68.7B deal
Microsoft is buying Activision Blizzard Inc., the maker of ‘Call of Duty’ and ‘Candy Crush’, in a deal worth $68.7 billion, the companies announced on Tuesday and embattled CEO Bobby Kotick will remain in his role at the video-game maker. READ MORE
What Makes A Successful Founder Into An Effective CEO?
My co-founders and I started Beam in 2012 with the mission to revolutionize dental insurance and employee benefits. At first, I was focused on building Beam to fulfill that mission.
By 2016, we were struggling. Our first product didn’t scale, our second didn’t find customers, and our third was stuck in regulatory purgatory. READ MORE
Citigroup to fire unvaccinated employees this month
Citigroup staff in the United States who have not been vaccinated against Covid-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, a source familiar with the matter said on Friday. READ MORE
Where are all of the jobs? These industries hired the most workers in December
Although U.S. job growth slowed markedly in December, most industries still added to their payrolls last month, with restaurants and bars leading the way in hiring before the threat of the new omicron variant. READ MORE
