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What’s going on: Major U.S. banks, including Citigroup, Goldman Sachs, and Morgan Stanley, are set to cut over 11,000 jobs before the end of this year, according to Financial Times. Additionally, Bank of America has plans to reduce 4,000 positions through attrition. JP Morgan has not yet announced any large-scale layoffs. Why it matters: It’s reported that the top five banks that dominate Wall Street – JP Morgan, Bank of America, Morgan Stanley, Goldman Sachs, and Citi – had hired m
No matter what type of home business you may be running, storing files and information are part of the package. That used to mean digging through cluttered desktops, searching for lost USB drives, and the frustrations of figuring out how to share files. These days you don’t need clunky file cabinets anymore. With cloud-based file storage, your life is about to take a delightful turn.
Workplace acoustics can underpin a strategy to get employees agreeably back into the fold. Collaborative areas should be loaded up with acoustically absorptive materials. By employing easy workplace acoustic concepts, the office has a new chance to be an attractive and productive place where employees will be comfortable in their work. This article was originally written by Steve Johnson for Work Design Magazine.
In an increasingly unpredictable job market, knowing how to face layoffs and navigate severance negotiations is a necessary skill. According to a recent JustAnswer survey , “58% of people who received a severance package when laid off did not negotiate that package.” Despite that high number, severance negotiations are not a lost cause. Sho Dewan, career coach, founder and CEO of Workhap, and Merry A.
Forgetfulness is costing you time, money, and a ton of missed opportunities. In the age of automation, it’s easy to underestimate the power of a well-trained human mind. But memory isn’t just a parlor trick, it's a strategic edge. Human memory is one of the most underrated business skills. Whether you’re managing people, leading sessions, or having high-stakes conversations, remembering names, details, and concepts can be transformative in building trust, absorbing knowledge, and driving perform
What’s going on: A recent study by U.K.-based Omni RMS reveals that half of the U.K. workforce would consider changing jobs for better pay and benefits, according to Staffing Industry Analysts. The research underscores an eagerness for career advancement opportunities, with 44% of the 500 participants surveyed giving it higher precedence than remote or hybrid work arrangements.
Have you ever had the feeling that some of your colleagues are working only for themselves, and are not true team players? If your answer is yes, then it is possible that you are working with a narcissist. Narcissists have a heightened sense of what they are entitled to and have a constant need for attention and admiration. They are arrogant and see themselves as superior to others.
The U.S. federal government has urged agencies to craft a balance between required in-person work and promoting remote work flexibilities. As a beacon of global business, New York City’s decision sends an unambiguous signal: flexibility is the future of work, and adaptability is essential to remain pertinent. Federal government policies often act as a barometer for broader labor market trends.
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The U.S. federal government has urged agencies to craft a balance between required in-person work and promoting remote work flexibilities. As a beacon of global business, New York City’s decision sends an unambiguous signal: flexibility is the future of work, and adaptability is essential to remain pertinent. Federal government policies often act as a barometer for broader labor market trends.
Nearly all UK workers (90 percent) are not enthused by their work and workplace, according to Gallup’s State of the Global Workplace 2023 Report. The UK workforce rate of engagement at work (10 percent) remains one of the lowest in Europe, ranking near the bottom among peer countries (33 out of 38) with countries like the US reporting triple the number of engaged employees (31 percent).
What’s going on: A recent survey conducted by ResumeBuilder.com revealed that 20% of American employers have already implemented a four-day workweek, while another 41% stated that their company has plans to implement the policy. The survey asked 976 business leaders questions on their current attitudes towards 4-day work week policies. The data stems from 600 respondents who completed the full survey.
Whether you’re searching for a new job, making a case for a promotion or raise, showcasing your skills during your annual review, or simply want to be in a position to take advantage of opportunities that may come your way, a professional portfolio is an invaluable tool for any administrative professional. Your portfolio should include your resume, letters of recommendation, awards and recognitions, past performance reviews, and certifications.
In the second installation of this blog mini-series, we sat down with Kenzie Biggins, Founder and CEO, for actionable insights into smarter, more sustainable ways of working—whether you’re a soloprenuer, small business or big corporate outfit. Email Address Subscribe Thank you! How Worxbee is Different than Gig Workers “I’ve noticed a shift in how people think about engaging contractors, which needs to continue,” reveals Biggins.
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. What pay is taxable? What do you do with their final paycheck? Are there special reporting requirements? Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen.
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