Iceland's research into shorter workweeks suggests that employees are more productive, focused and motivated when they shave three to five hours off their week. The experiment, which did not cut pay, may offer lessons to other countries considering similar changes.
Introverts need to speak up and speak more often -- building executive presence and gaining notice starts as simply as that, says Joel Garfinkle in this blog post and video. "As an introvert, you already have smart analysis and critical thinking skills, and your input will be greatly appreciated and valued," he writes.
Job seekers with competitive skills could receive offers from multiple companies. Here is what candidates should do if they receive an offer but want to wait to hear back about other opportunities.
Is America Returning To The Office? Going back to the office has been a hot topic among America's workforce and we're interested in hearing from leaders like you about your plans (or lack of) to return to the office. Take the survey and stay tuned to learn about what over 1M of our readers are saying.
Hiring friends can complicate relationships, but clear processes and discussions can ease difficulties, writes Alisa Cohn in this book excerpt. Founders who decide to hire friends should go through the typical hiring process, including conducting interviews, and discuss early on what giving feedback will look like, Cohn writes.
Wall Street banks including JPMorgan Chase, Goldman Sachs and Morgan Stanley are reportedly planning the biggest increases in salaries and bonuses for their key dealmakers since the 2008 financial crisis. Generally strong bank earnings in Q3 along with tougher competition to attract top talent have been cited as factors.
American Express is revamping its flexible working model and placing employees into one of three groups: hybrid, on-site or fully virtual, with a "large majority" likely to be in the hybrid group, CEO Steve Squeri told staff. The firm will also allow all employees to work from anywhere they wish for at least four weeks per year, Squeri said.
People who have left or plan to leave their jobs talk about what spurred them to join the "Great Resignation," citing reasons such as feeling underpaid, undervalued or overworked, as well as wanting the freedom to focus on priorities outside of work. "From working-class individuals who refuse to continue letting a 9-to-5 burn them out to white-collar workers deciding it's time to unplug for a while, people are on a journey to rediscover who they are outside of their skills as workers," Michael Blackmon writes.
Take an old oil rig and renovate it with 800 hotel rooms, 11 restaurants, water slides, a wave pool, roller coasters, ziplines, bungee-jumping, go-karts, submersibles and even a Ferris wheel. Saudi Arabia's Public Investment Fund has made "THE RIG" a reality.