Twitter has major security problems that pose a threat to its own users' personal information, to company shareholders, to national security, and to democracy, according to an explosive whistleblower disclosure obtained exclusively by CNN and The Washington Post. READ MORE
Quiet quitting is the latest workplace trend, but it doesn't mean what you think
Years of long hours, understaffed companies and burned-out employees have all led to the latest TikTok trend: quiet quitting.
The catchphrase quiet quitting is misleading, however, making some people think it means workers doing the bare minimum at their jobs. READ MORE
Why transparency can be the key to getting DEI reporting right
The acronyms DEI, CSR and ESG have grown in popularity in the last several years, and for good reason. Given today’s social and legal landscape, it’s more important than ever for organizations to document and share their diversity, equity and inclusion (DEI) progress in support of corporate social responsibility (CSR) and environmental, social and governance (ESG) reporting. READ MORE
Are you offering the benefits employees most want? Probably not, data finds
As the last two-plus years have proven, employer support—in the form of employee benefits, flexibility and regular communication—is vital in helping organizations address challenges, keep employees happy and boost retention.
But a new report finds that there’s a sizable gap in what support employees want from their employer and what organizations are actually offering—data that indicates employers may want to reevaluate what they offer and prioritize, especially in a tight labor market. READ MORE
5 ways to retain high-performing employees
The Great Resignation (also known as the “Great Reshuffle”) is still in full swing. It has become increasingly challenging to retain high-performing employees during this competitive time for talent. According to Gallup, replacing an individual employee can cost the employer from one-half to two times the person’s annual salary. As a result, now more than ever, organizations must prioritize the employee experience to avoid costly staff turnover, which lowers morale and negatively impacts the productivity of the team members left to pick up the slack. READ MORE
Use a scalpel when cutting startup expenses, not an axe
Experienced sailors know that if they turn the wheel too hard, they will soon need to compensate by turning it in the other direction, or worse, they will capsize the boat.
The same holds true for startup entrepreneurs and venture capitalists attempting to manage through lean times. READ MORE
How To Prevent Team Burnout In The Important Moments Of A Startup
Many people or CEOs only talk about the business, their product or how to get more revenue. Still, few are asking questions about the people working for the product and getting that revenue. When working with people, you must understand that you’re also working with something fragile—a human—that can break into many pieces if you’re not paying attention to their needs, especially when building a startup. READ MORE
Mark Cuban: Buying real estate in the metaverse is ‘the dumbest’ idea ever
Buying digital land in the metaverse may not be the best use of your money, according to billionaire investor Mark Cuban.
Although Cuban is a well-documented cryptocurrency enthusiast, he called purchasing virtual real estate in the metaverse “the dumbest s--- ever” in a recent interview on the Altcoin Daily YouTube channel. READ MORE
Why Americans are increasingly dubious about going to college
Even as freshmen nervously arrive on campus for the fall semester, policymakers are grappling with what they say has become an “alarming” decline in the number of high school graduates willing to invest the time and money it takes to go to college. READ MORE
IRS faces online uproar over special agent job posting requiring ability to use deadly force 'if necessary'
An online job posting for special agents within the law enforcement branch of the Internal Revenue Service (IRS) is causing a stir on social media, as Congress prepares to pass a spending bill that would greatly expand the federal agency.
A link to a job posting for "Criminal Investigation Special Agents" appeared to have been briefly deleted on Wednesday, following online criticism of the posting's language, though it reappeared back online after a FOX Business inquiry to the agency. READ MORE
Congress made a liar out of Biden with Inflation Reduction Act
President of Americans for Tax Reform Grover Norquist blasted Joe Biden, accusing the president of lying to Americans as the Inflation Reduction Act hits the middle class with taxes - contrary to his pledge not to raise taxes.
"If you tax a corporation, who pays for it? Workers in lower wages," he told "Mornings with Maria" on Tuesday, noting that consumers will be forced to pay more given higher prices will be a result of the legislation; investors in their 401(k) plans and Individual Retirement Accounts (IRA) will be facing lower stock prices because of the bill. READ MORE
Smart Prep for the SEC’s Corporate Climate Risk Disclosures Rules
Climate risk is financial risk, according to the Securities and Exchange Commission, and publicly traded companies are on the precipice of having to disclose how they’re safeguarding against these challenges.
The agency aims to aid investors by helping them more clearly understand and quantify how companies are managing climate issues, and what impact those decisions might have on a company’s stability and bottom line. READ MORE
Trying to keep talent in the fold? It’s time to think big picture
When it comes to keeping talent of various workplace generations from jumping ship in today’s turbulent times, “show me the money” is far from the only thing employees are thinking, according to a new survey. READ MORE
The Great Resignation turns to the Great Regret
The fact that workers regret quitting during the Great Resignation underscores a more significant issue: worker needs are not getting met. READ MORE
Kyrsten Sinema wants to snuff out stock buybacks by adding an excise tax. Here’s why that would hurt regular shareholders
The compromise that the Senator Kyrsten Sinema (D-AZ) forged with fellow Democrats to clear passage for the Inflation Reduction Act of 2022 includes a pivotal provision that could upend the way companies are run, and how they reward the 53% of America’s families that own stock. To pledge her vote, Sinema demanded that the bill include a 1% excise tax on share repurchases that now reign as far and away the top vehicle for returning cash to equity investors. READ MORE
Why returning to the office is in your best interest
The "Blink" and "Outliers" author told the host, Steven Bartlett that people should return to the office to regain a "sense of belonging."
"It’s very hard to feel necessary when you’re physically disconnected," Gladwell said. "As we face the battle that all organizations are facing now in getting people back into the office, it’s really hard to explain this core psychological truth, which is we want you to have a feeling of belonging and to feel necessary." READ MORE
Why a recession might not mean huge job losses
Most recessions in US history have been accompanied by severe job losses and high unemployment rates, but this time may be different. Should a recession take hold in the US, the ongoing labor shortage may be the key to protecting vulnerable workers in what may prove to be a "job-full" recession. READ MORE
Elon Musk's empire: Tesla, SpaceX and possibly Twitter
Elon Musk's empire has been in the spotlight over the years as his fame — and bank account — continue to grow.
From Tesla to Solar City to The Boring Company and his new interest in Twitter, Musk is noted for his ingenuity, expertise and accomplishments. READ MORE
July jobs report 'scorcher' raises odds of another super-sized Fed rate hike
The sizzling-hot July jobs report could force the Federal Reserve to continue raising interest rates at the fastest pace since 1994 as it tries to crush inflation and cool the labor market. READ MORE
How to Get Your Team on Board with a Major Change
George, head of the Asia Pacific region for a global industry leader, was running the annual meeting of his group’s 300 executives and managers. After reviewing the year to date and addressing the changing context for the coming year, he was heading for the usual wrap up. This time, however, he had a key decision to share with his people, a decision he told us he felt both resolute in and nervous to share. Their operating model — the model that everybody knew and understood and that guided every interaction — needed to change. READ MORE
