Wed.Feb 15, 2023

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Jump Financial And Others Buy WeWork Stock

Allwork

What’s going on: Jump Financial LLC recently made an investment in WeWork, purchasing 15,391 of its shares with a total estimated value of $41,000, as revealed in the company’s filing to the Securities and Exchange Commission. Institutional investors own 81.61% of the company’s stock. Why it matters: Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company.

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They’re Back: Boomerang Employees on the Rise for Good or Bad

Success

The great resignation and the great reshuffle during the pandemic, tied in some cases to childcare and homeschooling and in others to reevaluation of priorities, appears to be driving a new trend: boomerang employees. Workers are returning to their former employer more often than in the past and often after a shorter time away. According to LinkedIn data , boomerang employees accounted for “4.3% of all job switches” in 2021, up from under 2% in 2010.

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Office Party Etiquette Matters All Year

Allwork

According to a study of 1,000 corporate American workers, 60% of them experienced improved relationships with coworkers after attending office parties. Additionally, 1 in 10 received a promotion after an office party. The fallout from office parties isn’t always positive: 35% of workers experience strained relationships, 26% are reprimanded somehow, 17% lose a client, and 14% get fired.

Etiquette 261
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How Dany Garcia is Creating a Culture of Acceptance, Diversity and Vulnerability

Success

Dany Garcia may not be a household name, but her fingerprints are in much of the past 10 years of entertainment, athletics, clothing, spirits and finance. She capped off her multimillion-dollar empire when she led the $15 million purchase of the XFL football league in 2020 as the key investor and negotiator for a group consisting of her ex-husband and longtime business partner Dwayne “The Rock” Johnson and Gerry Cardinale of RedBird Capital Partners.

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SME Relationships: Proven Solutions for Seamless Collaboration and Success

Speaker: Tim Buteyn, President of ThinkingKap Learning Solutions

💢 Do you find yourself stuck in never-ending review cycles? Are you wondering if your Subject Matter Expert actually got that last review request? Are you having trouble trying to decipher impractical or conflicting feedback? 💢 If any of these scenarios sounds familiar, you may benefit from a crash course on managing SME relationships!

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Serendipity Labs Signs Operating Agreement With The Durst Organization

Allwork

What’s going on: Serendipity Labs, an international flexible office space provider, has announced a 10-year contract with The Durst Organization in which it will operate a 41,000 square foot office facility within their 532,000 square foot 205 East 42nd building, which is located just a stone’s throw from Grand Central Terminal. It will open on March 1 st.

Policies 234

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Huge Landlord In LA Defaults On $755 Mil Loan As Remote Work Keeps Workers Out Of Office

Allwork

What’s going on: Brookfield Corp., the parent company of the biggest office landlord in downtown Los Angeles, has defaulted on loans associated with two of its buildings instead of opting for refinancing, due to an unmet demand for space. According to a filing , the two affected properties from the Brookfield DTLA Fund Office Trust Investor portfolio are the Gas Company Tower, with its $465 million in loans, and the 777 Tower, with approximately $290 million in debt.

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Employees Are ‘Rage Applying’ Instead of Quiet Quitting. Is It Working?

Success

We learned recently with the “ great resignation ” that American workers have had enough. They want higher pay, work-life balance, job security and an increase in workplace diversity and inclusion, among other things, according to a 2022 Gallup study. In January 2023, the unemployment rate hit an all-time low of 3.4%—“the lowest jobless level since May 1969,” according to CNBC —showing that it’s an employee’s market.

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Employers brace for ‘talent exodus’ as people seek better pay

Workplace Insight

Over half (58 percent) of employers in the UK believe that they will lose staff in the next six months as they seek to earn more by moving jobs, according to a new poll. According to the survey by talent services company, Morgan McKinley for its 2023 Salary Guide , 56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reason, followed by ‘better career growth and development opportunities’ (17 percent).

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How to Fly Forward with Dr. Neeta Bhushan

Success

Everyone goes through moments where they reflect on past experiences and think, ‘Well, that didn’t go as planned.” Dr. Neeta Bhushan thinks these moments can be magical and life changing. She’s a former cosmetic dentist turned bestselling author, international speaker and leadership coach. This week, she talks with On Your Terms host Erin King about changing course, forgiving ourselves and dealing with grief and trauma.

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Elevating the Virtual Interviewing Experience

Sharing your authentic self in a virtual interview can be an unwanted challenge. How do you break through the digital barrier when conducting a virtual interview and share your exceptional self? Think in unconventional ways to elevate the virtual interviewing experience.

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Flexible working drives productivity and stronger company culture

Workplace Insight

Future Forum , a consortium launched by Slack with founding partners Boston Consulting Group , MillerKnoll , and MLT has published the latest findings from its global Pulse survey , which suggest that flexible working plays a key role in fostering organisational culture and has a significant positive impact on productivity. According to the poll, flexible workers were 57 percent more likely to say that their company culture has improved over the past two years compared with those required t

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Episode 462: Inbox Done with Yaro Starak

Productivityist

In this episode of A Productive Conversation with Mike Vardy – we have special guest Yaro Starak. Yaro is the co-founder of Inbox Done. He shares his insights on why email management and delegation can be a challenge for some people and how to overcome these obstacles and we delve into the various types of clients that Inbox Done serves. We both share our thoughts on how Inbox Done has helped our clients streamline their email and become more productive.

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Why Tech Literacy Should Be a Part of Your Office Skills Toolkit

Office Skills Blog

As a virtual assistant, you’ve gained skills and experience that make you an effective source of administrative support. You have technical abilities that ensure you excel in your tasks and a unique combination of soft skills that boost the workplace culture. Yet, it’s worth considering what else you can do to maximize your skill set. […] The post Why Tech Literacy Should Be a Part of Your Office Skills Toolkit appeared first on Office Skills Blog.

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People will leave jobs that don’t align with their values, author claims

Workplace Insight

Pay and benefits are no longer the only critical factors in deciding where to work, with a majority citing their employers’ values (80 percent) and commitment to the environment (76 percent) and social equality (75 percent) as key criteria, claims a survey commissioned by advocate and author Paul Polman. The Net Positive Barometer, a survey of 2,000 British employees, claims that 41 percent are concerned about paying their bills, while 69 percent are anxious about the future of the planet and so

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Is Training the Right Solution?

Speaker: Tim Buteyn

Let's set the scene: you’ve identified a critical performance gap in your organization and need to close that gap. A colleague suggests training, but you suspect there’s something going on that training can’t address. How can you determine if training is the right solution before you commit your budget and resources to a new training program? In this webinar, you will learn how to determine if training is the right solution using the Behavior Engineering Model.

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Collaborate to Innovate!

All Things Admin

Innovation is the key to moving forward in your admin career. Constantly brainstorming and implementing new ideas, improving on imperfect processes, and looking to the future makes you a valued part of your team, and shows your executive and organization that you have their best interests at heart. Collaboration is a big part of innovation. Coming up with a great idea or a new way of doing things is good; working with others to make that idea or process the best it can possibly be is better.