Mon.Oct 28, 2024

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Skip “Employee of the Month” And Do This Instead To Save Millions

Allwork

Effective recognition programs are closely integrated with organizational culture — indicating to employees that their contributions are appreciated and that employers are committed to their professional growth and success. Understanding the psychological principles behind workplace recognition highlights its effectiveness in boosting employee performance, satisfaction, and morale by fulfilling the need for validation and respect.

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Kate Kennedy Fosters Connection Through Authenticity

Success

Chicago-based entrepreneur, author and podcast host Kate Kennedy did not set out to become an internet sensation, but when an Australian radio station shared her “turn off your straightener” doormat on their social media a decade ago, the post went viral. “I was in a very Pinterest-forward era where I wanted cute home decor,” Kennedy reflects. “I didn’t want a paper sign on my door, so I built it into another household item….

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Meta Enters AI Search Engine Race

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Meta Platforms is working on an artificial intelligence-based search engine as it looks to reduce dependence on Alphabet’s Google and Microsoft’s Bing, The Information reported on Monday. The AI search engine segment is heating up with ChatGPT-maker OpenAI, Google and Microsoft all vying for dominance in the rapidly evolving market. Meta’s web crawler will provide conversational answers to users about current events on Meta AI, the company’s chatbot on WhatsApp, Instagram and Facebook, according

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Standing desks may not be any better for you than office chairs

Workplace Insight

Last week at Orgatec, many firms continued to repeat the claim that “sitting is the new smoking” in their marketing spiel. There’s something in this. The risks of a sedentary lifestyle include health problems such as obesity, diabetes, and cardiovascular disease. Standing desks have been seen as a way to reduce the time people spend sitting while at work as a fix for such health problems.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Volkswagen To Close Factories, Lay Off 10,000+ Workers In Germany

Allwork

Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe’s biggest economy as it plots a deeper-than-expected overhaul, the company’s works council head said on Monday. Europe’s biggest carmaker has been negotiating for weeks with unions over plans to revamp its business and cut costs, including considering plant closures on home soil for the first time, in a blow to Germany’s industrial prowess.

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Remote workers are more likely to miss out on promotions

Workplace Insight

A new report claims that more than a quarter (27 percent) of office workers who work flexibly believe they have missed out on a job promotion or opportunity. Even so, most remote workers say they still wouldn’t want to give up on flexibility. The Work Remastered 2024 survey of 1,000 office workers in the UK and US, carried out by consultancy United Culture claims to highlight a disconnect between what leaders and employees want.

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U.K. Business Confidence Hits Four-Month Low

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British business confidence sank to a four-month low in October ahead of the first budget plan from the country’s new government, a survey showed on Monday, echoing other signs of corporate nervousness about possible tax increases. Lloyds Bank’s business barometer — representing the difference between the percentage of firms with positive and negative views — fell by 3 percentage points to +44%.

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Japan’s Political Parties Propose 42% Minimum Wage Increase

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Japan’s political parties are promising to raise the minimum wage, a step that may win votes in Sunday’s general election but could squeeze the small and midsize firms that form the backbone of the world’s fourth-largest economy. The wage-hike pledges particularly threaten small businesses, which account for two-thirds of jobs and over half of economic output, as they are already struggling to manage rising costs.

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