Securing top talent is everyone's responsibility in a company and should be an ongoing process, writes Scott Lerner, CEO at Better Choice. Lerner gives tips that include keeping a list of names, even if you can't yet hire them and creating new roles for certain talent.
As job seekers weigh options, they should be aware of red flags that might arise during their search. There are several warning signs to look for, including hiring managers who repeatedly reschedule calls without apologizing.
Earning a master's degree or Ph.D. later in life -- especially if life and work drag out the completion time -- can prompt thoughts of career changes and provoke a host of questions from well-meaning family, friends and colleagues, Lauren Easterling, director of trainee services at Indiana University's School of Medicine, writes. Easterling, who took 15 years to earn a doctorate, says you shouldn't feel the need to justify your long road to a degree, and explains how to figure out next steps and build a support network.
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Phrases such as "I'm sorry you feel that way" and "It's company policy" can make employees distrust you, so change the way you word the message, advises Judith Humphrey, founder of leadership communications firm The Humphrey Group. "Every word communicates an attitude, and avoiding ones that trigger discontent will make you a better, more caring manager," Humphrey writes.
Nearly all workers taking part in a recent John Hancock survey indicated that they would like their employers to offer financial wellness programs, and two-thirds of respondents said such a program would make them more likely to stay at their current workplaces. Allowing people to convert unused PTO into cash, reviewing appropriate salary benchmarking, and learning from other employers' successes are some keys to helping staff feel more financially stable.
A survey by MassMutual found that 73% of Americans are concerned about the Ukraine crisis' potential effects on the local economy and 46% are trying to increase their savings because of it. To successfully raise savings levels amid the effects of inflation, people could consider reviewing their budget for spending that could be reduced, setting aside incoming tax refunds from the most recent filing, or getting a side job.
Elon Musk and son X Æ A-Xii (Theo Wargo/Getty Images)
Elon Musk, the CEO of SpaceX and Tesla, has an estimated net worth of about $263 billion. A new study has suggested he could become the world's first trillionaire by 2024. Electric vehicles and commercial space travel are certainly at the forefront of the world's economic potential, so perhaps this projection shouldn't come as a surprise. Interestingly, the report predicts Jeff Bezos and Larry Page could reach that distinction by 2030 and 2032, respectively.