The “Great Reshuffle” Continues Reality checks are never pleasant, but thousands of tech workers, some enviably the recipients of sky-high salaries, free lattes, and even massages, are among the nearly 100,000 caught up in mass layoffs so far in 2023. And it is not just the tech sector in downsizing mode. Intelligenz reports that as of February 21, over 451 …
How to Effect Loyalty in the New Workforce
It used to be obvious why employees felt disloyal to their companies. Autocratic management, insufficient support, and hatchet-style layoffs led to a lack of trust – a foundational principle of loyalty. But today, the best companies with top-notch pay, benefits, and training investments are finding a younger workforce less loyal, less trusting, and more willing to bail for higher pay, work-at-home, or …
Two Smart Hiring Strategies Heading into a Recession
America’s economy is at a strange tipping point where unemployment is low at 3.6%, help wanted ads abound, and talented candidates call the shots. Yet, simultaneously, rising interest rates, business costs, record inflation, and sinking consumer confidence are signaling the potential for a hiring slowdown. So how should businesses approach near-term hiring decisions with an eye to a sudden downturn in the economy? …
When Job FOMO Gets Real!
Were you one of the 467,000 who decided they were not going to miss out on a plum job in January? If so, congratulations on your workplace reentry! However, if you are one of the unemployed 6.5 million thinking about reentering the workforce, FOMO is here! But there is still time to beat the crowd, leverage your skills and talent, and snag that once-in-a-lifetime …
Building a Career is a Stepping Stone, Not a Bungee Jump
Imagine arriving in New York as a young man from small-town U.S.A. with dreams of becoming the next Wall Street superstar. What happened next was not an instant leap to success but a slow slog toward achieving a vision. In this age of “instant” everything – instant data, instant entertainment, instant friends – we learn to expect “instant success.” But …