Google is giving full-time workers and interns the day off today, creating a four-day holiday weekend, in an effort to promote wellbeing in this seventh month of the pandemic. "Please take the time to do whatever you need for yourselves," the company said. Full Story: CNBC (9/3)
Many people plan to work during retirement Fifty-four percent of workers report that they plan to hold a job during retirement, according to a study by Voya Financial. Fifty-six percent of respondents cited their mental well-being as a reason to keep working in retirement, while 40% said they would work to provide a financial cushion. Full Story: CNBC (9/3)
Making the Connection
Patience is key to effective leadership Leaders need patience for both looking into the future as well as for the now, such as dealing with a team who can't meet deadlines. Slow down if you lose your patience, and "a good way to manage the pressure you feel from the clock ticking is to reframe how you perceive time," writes David Sluss of Georgia Tech's Scheller College of Business. Full Story: Harvard Business Review online (tiered subscription model) (9/2)
As schools reopen and many employees are still working from home, companies such as PwC and Ernst & Young have boosted benefits to include child care, tutoring and tuition reimbursements. Other benefits include time off for caregiving and no-video Fridays, so employees can schedule personal matters that day. Full Story: CNBC (9/3)
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Among new hires, women make 96% of what men do In new hires as of July, women earned about 96% of what men earned -- up from approximately 80% in 2010, according to the New Hires Quality Index from the W.E. Upjohn Institute for Employment Research. The share of all wages among new hires is closing in on 50-50. Full Story: Bloomberg (tiered subscription model) (9/3)
Firms still laying off workers, jobless claims show First-time unemployment claims in the US are rising, indicating that employers are still laying off workers to cope with the coronavirus recession. States received 833,000 new claims for regular unemployment and 759,000 new claims last week from part-time workers, freelancers and others covered by the Pandemic Unemployment Assistance program, both higher than the previous week's totals. Full Story: The New York Times (tiered subscription model) (9/3)
Some of the most-populous countries on Earth are expected to undergo massive demographic changes over the course of the next 80 years. You might have heard about China's one-child policy, but did you realize it is expected to contribute to China's population being cut nearly in half by the end of this century? Also, the country tapped to have the second-largest population in 2100 might surprise you. Full Story: Visual Capitalist (9/2)
Editor's Note
SmartBrief will not publish Monday In observance of Labor Day in the US, SmartBrief will not publish Monday. Publication will resume Tuesday.
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