Why honest conversations about retention are important | 4 ways you could be undermining your integrity | What to say when a job interviewer asks about your goals
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The pandemic has given employees time to rethink their careers, and leaders should likewise rethink how they can engage and support employees, even if that means encouraging some of them to depart, says Tania Luna, co-founder of management training company LifeLabs Learning. "One of the things that I have been continuously surprised by is that both managers and organizations that have the highest retention encourage conversations with their team, with their employees about leaving," Full Story: Charter (10/3)
4 ways you could be undermining your integrity Leaders who are inconsistent, disrespectful or spring surprises on employees will be unable to build trust, writes Marlene Chism. "When the rules constantly change, or when there's a different standard for different people, employees lose faith in the integrity of their leader," Chism writes. Full Story: SmartBrief/Leadership (10/4)
3 quick tips for hiring better salespeople When hiring salespeople, place a premium on the ability to recall details and listen properly during a conversation, advises sales consultant Colleen Francis. Be wary of a job candidate who doesn't have any questions at the end of the interview, as candidates should be interviewing the company during the process, too. Full Story: Engage Selling (10/5)
The Landscape
What will COVID-19 testing cost employers? Some employers may have to pay for COVID-19 tests for unvaccinated workers due to state-level reimbursement rules for job-related expenses, according to employment lawyers. There are other compensation issues to consider, such as questions about whether state or federal rules will require workers to be paid for the time needed to take the tests. Full Story: Bloomberg Law (9/29)
Pay for low-wage workers rises 5.3% in Q2 Pay for low-wage employees increased by 5.3% year-over-year in the second quarter and is projected to rise to 6% during Q3, according to Goldman Sachs. Leisure and hospitality nonsupervisory employees experienced a 13% wage rise, and Goldman Sachs advised that the increases are being fueled by pandemic-related issues. Full Story: CNN (10/1)
Comparably has published its annual ranking of US companies based on the happiness of their employees. Among larger employers with more than 500 employees, Adobe took the top spot, followed by RingCentral, HubSpot, Peloton and Microsoft. Full Story: Business Insider (tiered subscription model) (10/4),Fast Company (tiered subscription model) (10/4)
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Some 11.9 million documents, dubbed the "Pandora Papers," have been leaked to the International Consortium of Investigative Journalists detailing the hidden wealth of hundreds of the world's most powerful individuals. A massive investigation involving more than 600 journalists worldwide has rippled across the globe, reportedly exposing financial secrets of figures including Russian President Vladimir Putin, former UK Prime Minister Tony Blair, Ringo Starr, Shakira and Elton John. Full Story: International Consortium of Investigative Journalists (10/3),The Washington Post (tiered subscription model) (10/3),The Guardian (London) (10/3)
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