More than 3.5 million employees who are married left the workforce between February 2020 and last month, more than accounting for the 3 million drop in labor participation during the time period, according to a report by Barclays. "We think that this reflects the fact that 'co-insurance' from being in a dual-earner household provides greater scope for sidelined spouses to be more circumspect about re-entering the labor market," the report says.
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There are several traps that hiring managers fall into when writing a job posting, such as not including a salary range, using an ambiguous or creative job title and requiring a cover letter. Hiring managers should be specific about the job requirements, such as having a master's degree, so they are not wading through candidates who aren't what they need.
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Whatfix CEO Khadim Batti shares three tips on hybrid working based on the company's long-term experience of managing both remote and in-person employees. Cultivate a culture of trust with transparent mechanisms that enable feedback and honest communication, create empathetic policies to promote wellness, and encourage adaptability among workers by investing in their continuous learning, Batti advises.
A 2021 study indicates that low financial literacy among employees is at the root of poor financial decision-making. Focus group data showed that pandemic-related stress has worsened the problem in recent months, but employers can help reverse the trend by providing financial-wellness programs.
Imposter syndrome is a natural part of many people's career journeys, but it doesn't have to dominate you, writes Alaina Love, who cites advice from CEO and executive coach Alisa Cohn. "One way to counteract the negative mind chatter is to replace it with a new narrative in which you see yourself positively," Love writes.
Perfectionism is a nasty enemy as we see in today’s HR Leader story about “imposter syndrome.” People with ADHD -- which I have -- commonly struggle with it. It’s stalled me more times than I care to remember. Breaking free of this demon, though, is possible, but it takes concerted effort and a lot of practice.
I’m still working on it, but I’ve made progress. And for that I’m grateful.
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