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It’s been a stressful time for U.S. workers, with significant layoffs being announced at high profile tech companies including Twitter, Meta, and Amazon. According to experts, losing a job is not only one of the most emotionally traumatic experiences a person can go through, but also affects those who are not laid off in downsizing […]
It is no secret that the pandemic has changed the way people work and interact with each other. It has also, inadvertently, ushered in an era of increased globalization opportunities. Businesses looking to expand into new countries have access to global markets and new talent pools, which provide growth opportunities for firms operating in multiple industries. Before the pandemic, many early- and medium-stage businesses were […]
In a surprising change of events, Amazon is no longer contemplating bringing its $2.5 billion campus to Long Island City, New York, after receiving public and political backlash. Just because a city has a long history as a hub for new and expanding companies doesn’t mean it’s the right fit for everyone. You don’t have […]
The rise of telecommunications tools like email, online chat, and smart phones has meant that people can stay connected virtually wherever they are, at all times. While that interconnectedness can be a blessing in some situations, it has also led to a lot of stress and burnout among workers who feel like they can’t disconnect […]
by Jane Meacham, Contributing Editor The U.S. Department of Labor (DOL), in late December 2016, issued an information letter that indicated employer plan sponsors are entitled to use lifetime income products as a part of a prudent qualified default investment alternative (QDIA), even if the products contain certain liquidity and transferability restrictions.
To understand what teamwork means, consider your favorite rock band, which consists of individuals with a variety of skills and experiences that complement one another and function cohesively toward a shared goal of delivering great music. Contrast, for example, a band with enduring popularity such as U2 to any number of ‘supergroups’–instances where already famous […]
The pandemic has tested the plasticity of company cultures like never before. Organizations that were flexible enough to change large parts about how they operate, and do it quickly, were able to spark innovation that will outlive the circumstances that motivated those changes in the first place. In some cases, entire businesses changed, not just […]
The U.S. workforce is facing a critical moment of talent stagnation, marking a shift away from the disruption of The Great Resignation. Today, employers say they are struggling to fill limited open roles due to a lack of well-qualified applicants, meaning less new talent is coming into the fold. Meanwhile, workers are now looking to […]
Cris Grossmann’s passion for frontline workers was ignited during his childhood growing up in Mexico City. On summer afternoons, he’d visit both of his grandfathers who worked in factories and each one taught him valuable lessons. On one hand, Grossmann learned how to produce paints and color and, on the other, he learned how a […]
An employee who was reassigned to a new position after taking medical leave and then quickly laid off was not the victim of an “elaborate sham,” as he alleged, a federal appeals court has determined.