Leaders should preemptively recognize and reward top-performing employees as they learn new skills, gain experience and deliver results so a counter job offer never becomes necessary, writes George Bradt. Counter-offers often don't keep an employee long term, and others in the organization might find out and ask for more compensation in light of their own growth.
There's no reason to fully sever ties with a former company or institution because you never know if you might return in a different role, becoming a so-called boomerang employee, writes career coach Marlo Lyons. Maintain personal contacts, follow the organization in the news and social media and realize that what once wasn't a good fit might become one later with changes in management, Lyons advises.
After getting laid off as a Lyft tech recruiter, Jordan Gibbs documented her 173 job applications, 42 interviews and two rejections on TikTok. Among her suggestions from the 69-day process: Over-prepare for interviews, come clean about what you don't know and never count your chickens before they hatch.
Vickie Bulger, senior vice president and insurance chief compliance officer at Primerica Life Insurance Co., says she's dedicated to the advancement of her people after a past boss arranged a job interview for her at another company after she maxed out her possibilities in that role. "A growth mindset keeps you improving and really makes you better suited for your current and future roles," Bulger says.
Employers and their HR leaders can soften the blow from layoffs by planning them as much as six months in advance, sticking with only one round of job cuts and offering career counseling sessions for laid-off employees, says Naveen Bhateja, executive vice president and chief people officer at Medidata. "Make sure you're looking after the employees left behind -- the ones that still have their jobs -- through a 'survivor syndrome' lens, which can really derail morale and cause anxiety and fear to spike," Bhateja says.
More than half, or 51%, of American workers that earn $100,000 are living paycheck to paycheck, a 9-percentage point increase from the previous year that is attributed to inflation, according to a survey by Pymnts and the LendingClub. Including all Americans, 64% of respondents reported living paycheck to paycheck, up 3 percentage points from 2022.
With Valentine's Day right around the corner, it's helpful to know where the most romantic restaurants in America are, right? It might surprise you to learn that the #2 spot on OpenTable's latest list is Caesar Palace's Hell's Kitchen, a fine dining restaurant inspired by a reality TV show where Gordon Ramsay yells some not-so-romantic things at the contestants. It's far from the only Vegas-based restaurant to make the list, though.
