Report: First-quarter CEO turnover goes up | How leaders can succeed by serving their staffers | Help workers find inspiration in nature, individual strengths
The number of CEOs who left their jobs in the first quarter this year hit the highest level of first-quarter CEO departures since 2020, according to a Russell Reynolds Associates report, which found 52 CEOs left during the quarter. "In a challenging macroeconomic environment coupled with the rise of emerging technology, newly appointed CEOs will need to lean on strategic counsel from experienced board members to make the right appointments to ensure an enduring legacy," says Russell Reynolds' Stephen Langton. Full Story: Human Resources Director (6/3)
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Recruiting & Retention
How leaders can succeed by serving their staffers Hiring employees with the right skills, talents and passions for the business forms the foundation for success, which is then built on a model of servant leadership that gives those employees the support they need to flourish, writes Tom Sacco, CEO of Happy Joe's Pizza & Ice Cream. "When you encourage debate, welcome different perspectives and treat people with respect, you pave your own road to success," Sacco writes. Full Story: QSR (5/31)
Gen Z challenging employers with call for transparency Gen Z workers' expectations for transparency in the workplace are creating a foundational change. For employers, across-the-board transparency improves worker trust and productivity while reducing turnover. Full Story: Training magazine (6/3)
Benefits & Compensation
Child disability coverage can help parents manage costs Child disability insurance is a recent development that employers can add to their benefit packages to help parents handle health care expenses. A policy through the benefit provider Juno entitles parents to up to $1 million over 10 years for a child who develops a serious illness, injury or disability. Coverage extends from birth to age 26 years. Full Story: Employee Benefit News (free registration) (6/3)
The HR Leader
"I don't know" is not weakness -- it's wisdom Saying, "I don't know," as a leader isn't a sign of weakness; instead, it shows that you know your team can often be smarter than you and have ideas and solutions you may not have yet considered, writes columnist Jason Aten. "As a leader, even though it can seem unsatisfying to not have an answer for everything, making bad decisions just because you want to look like you know everything is the one thing you should never do," Aten notes. Full Story: Inc. (tiered subscription model) (6/3)
SmartBreak: Question of the Day
Auto accidents, of course, followed soon after motorized vehicles were invented. What kind of vehicle was involved in the first accident committed to record in 1869?
Dear Gen Zers, I love you. You add glitter and shine to life. You have a beautiful energy and a genuine desire to make the world around you better. I respect that. And I respect that you have high expectations for the organizations where you work. You want transparency from your employers. You want them to be open about pay ranges, culture, company goals and decisions. You want them to honor work-life balance and provide opportunities for growth. That’s fair. But transparency and expectations work both ways. If you want respect, integrity and open communication from your employer, you must provide that also. What do I mean? Be honest when you take time off. Don’t do the “quiet vacationing” thing. That’s shady. Worried about pressing deadlines and looking like a “slacker”? You should be more concerned about looking dishonest. Smart managers can often tell when someone is trying to get one over on them. That’s not something you want in their mental files of you. Plus, if you’re at a good place, management will want you to take time off for your own mental and physical wellness. And have a strong work ethic and a thick skin. Show up on time and don’t cut out early. Respect and listen to those who have been in the business longer than you. Their wisdom and experience is valuable. Be coachable. Constructive criticism is key to professional growth. Gen Z, you have much to offer. Those of us who have gone before you are excited to see what you will do with your talents, skills and energy. We want to see you soar. And we want to see you do it right. Honor and work ethic will always serve you well. Best, Your Gen X Aunty PS. I grew up drinking out of the water hose, and playing baseball and dodgeball in the street. I can take whatever criticisms you have about this note. But, do it with respect. That’s another measure of professionalism. How can I serve you better with this brief? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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