Unemployment claims come in below expectations at 326K | Speed up hiring, reduce bias with surveys, automation | ADP economist: Job recovery uneven until pandemic ends
First-time jobless claims totaled 326,000 last week, below the Dow Jones forecast of 345,000. The figure was also down from the previous week's tally of 364,000. Full Story: CNBC (10/7)
Why private markets are no longer niche Private markets can be powerful investment tool for overcoming low returns. How do you maximize and manage the power? Read this.
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Recruiting & Retention
Speed up hiring, reduce bias with surveys, automation Automated recruitment software can help speed up hires and improve the quality of candidates by getting rid of manual compliance processes and tedious screenings, writes Survey Sparrow founder and CEO Shihab Muhammed. Artificial intelligence-driven interactive surveys can help "by sourcing and screening decisions based on data points and by ignoring demographic and socioeconomic data," Muhammed writes. Full Story: TechRadar Pro (10/4)
Is America Returning To The Office? Going back to the office has been a hot topic among America's workforce and we're interested in hearing from leaders like you about your plans (or lack of) to return to the office. Take the survey and stay tuned to learn about what over 1M of our readers are saying.
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Health care costs up for one-third of workers in 2021 Health care costs have increased for 1 in 3 working Americans this year, causing some employees to reduce retirement plan contributions or to accumulate credit card debt, according to a survey by the Employee Benefit Research Institute. Of respondents whose health care costs have increased, 4 in 10 have had difficulty paying bills or paying for living expenses. Full Story: CNBC (10/7)
The HR Leader
Servant leadership -- it doesn't have to be complicated Servant leadership attempts to take common sense principles and translate them into effective actions, starting with the strategy and following up with "service -- helping people accomplish the agreed-upon goals," write Ken Blanchard and Randy Conley. They offer several questions leaders use to assess how trustworthy they appear to colleagues and teams. Full Story: SmartBrief/Leadership (10/7)
Translation created a nearly three-minute "NBA Lane" spot to celebrate the NBA's 75th birthday that stars Michael B. Jordan as a school bus driver in a Hoop Bus, picking up children in a neighborhood that's home to former and current players, including Kareem Abdul-Jabbar, Oscar Robertson, Larry Bird and LeBron James, and mascots. The video includes plenty of Easter eggs for fans and will run in 30- and 60-second versions on TV. Full Story: Muse by Clio (10/7),Adweek (10/7),Ad Age (tiered subscription model) (10/7)
Editor's Note
SmartBrief will not publish Monday In observance of Columbus Day in the US and in recognition of Indigenous Peoples Day, SmartBrief will not publish Monday. Publication will resume Tuesday.
About the Editor
Kanoe Namahoe
I work with some wildly intelligent people. I learn constantly from them. Together, we have produced exceptional products and content. It’s been a struggle sometimes, though, and on some occasions, heated debate. That’s to be expected. When sales, marketing, audience and editorial get together and begin batting around ideas, friction can happen. But that friction produces energy and productive outcomes, as Natalie Nixon says in today’s Leadership & Development story about nontraditional collaboration tactics. It’s a powerful process. Bringing different minds to the table. Gathering input. Sifting through ideas -- separating the good ones from the bad ones -- until you have the right pieces in place. It calls for honesty, courtesy and active listening. And that’s how you achieve the best results. That’s how you create market-leading products -- by mastering the art of collaboration. How can I serve you better with this brief? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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