Employers have until Sept. 30 to file salary data for 2017 and 2018 with the Equal Employment Opportunity Commission. The EEOC wants to use the data to help eliminate pay gaps based on race, gender and ethnicity.
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Leaders should embrace a paradoxical mindset that allows them to simultaneously empower and maintain control, writes INSEAD associate professor Ella Miron-Spektor. "Adopting a paradox lens shifts the focus from competitive to complementary thinking, thus allowing people to confront tension, scrutinise inherent contradictions and find creative ways in which competing demands can be met," she writes.
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Executive presence means exuding a sense of confidence and belief in oneself, writes Marc Raybin, president of Cardinal Communications Strategies. Leaders can cultivate this presence through actions, dress and honest communication.
Medical, dental and vision benefits are important to workers overall, but younger employees also are attracted by perks such as pet insurance, telehealth, elder care services, student-loan repayment assistance and identity theft protection, writes EverythingBenefits CEO Rachel Lyubovitzky. Younger workers may feel more comfortable using an app on their cellphone to connect with a health care professional, Lyubovitzky notes, and telemedicine can reduce absenteeism, increase productivity and limit the spread of illnesses.
Women have claimed more C-suite jobs at companies in the US retail, technology and health care sectors in the past year, Fortune magazine's 22nd annual ranking of the Most Powerful Women in Business shows. "We couldn't believe how competitive the list is this year," says Fortune senior editor Beth Kowitt, who helped compile the rankings, which include female leaders at Accenture, Best Buy and CDW.