If done right, 15-minute meetings can be sufficient | JPMorgan's Dimon: AI could create 3½-day workweek | How to meet the challenges of hybrid work
Fifteen-minute meetings are on the rise and now make up 60% of scheduled meetings, according to Microsoft Teams data. Executives and employees are becoming more protective of their time and shrinking the standard 30-minute meeting block, and more than 75% of workers in a recent poll said shorter meetings are more efficient. Full Story: The Wall Street Journal (10/2)
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Recruiting & Retention
JPMorgan's Dimon: AI could create 3½-day workweek AI is being used throughout JPMorgan Chase's operations and is going to lead to major improvements in employees' quality of life, even if some positions become obsolete, CEO Jamie Dimon says. "Your children are going to live to 100 and not have cancer because of technology," Dimon says. "And literally they'll probably be working 3½ days a week." Dimon also says JPMorgan is expanding its business line for startups and venture capital firms after the failure of two prominent lenders in that space this year. Full Story: Bloomberg (10/2),Bloomberg (10/2)
5 steps to guide performance-based compensation Astron Solutions' Jennifer Loftus explains five steps to introducing a performance-based compensation model, which can help to motivate and retain employees. Loftus offers guidance on mapping performance benchmarks, identifying metrics, providing upskilling opportunities and developing a supporting communications strategy. Full Story: Training magazine (9/25)
Benefits & Compensation
Most employers don't offer student loan payment help Many Americans will be turning to their employers for assistance paying off student loans as more than three years of paused payments come to an end, but Society for Human Resource Management data show that only 7% of US employers were offering repayment assistance as of last year. Average federal student loan debt stands at $37,338 per borrower, and those with private loan debt carry an average of $54,921, according to the Education Data Initiative. Full Story: Employee Benefit News (free registration) (10/2)
Cultivating a sense of curiosity is not only an essential skill for professional success, but also a vital aspect of how you can find meaning in your work, writes author John Coleman. A strong sense of curiosity underlies each action that you can take to find more purpose in your career, including tailoring your job to your interests, honing a sense of craftsmanship, finding ways to serve others and investing in positive relationships, Coleman writes. Full Story: Harvard Business Review (tiered subscription model) (10/2)
SmartBreak: Question of the Day
Actor Rock Hudson's AIDS-related death in October 1985, drew attention to the mostly mysterious disease that killed 6,000 that year. In 2022, how many people worldwide died from AIDS-related illnesses?
The first trade show I covered for SmartBrief, a PR firm that was new to me used a speed-dating format for its media meetings. The editors rotated around the room, spending 10 minutes with each vendor. A cow bell signaled the end of the meeting and that it was time to switch tables. In the hour I was in that media room, I met with six vendors, heard their product updates and talked with them about how to work with us for story coverage. It was fantastic. That speed-dating format became my go-to for all future media meetings. I set my time limit at between 10-12 minutes and immediately noticed a difference in the conversations -- far more efficient and productive, with no time wasted in small talk. We dove right into business and got to the meat of what’s important. “Meetings can be the workday’s quicksand,” writes Anne Marie Chaker in today’s top story. She’s right. Meetings have a way of dominating our calendars and keeping us from being able to focus on project work. It’s maddening. So I welcome this trend toward 15-minute meetings. Some folks will resist -- they’re used to longer meetings and don’t believe anything can be discussed in full in under 45 minutes. Use the four rules Chaker outlines here to help get folks on board with the abbreviated timeframe. Do you think your team would be willing to transition to a 15-minute meeting format? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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