ADP: Private payrolls jumped 296K last month | Hiring requires a place "where workers want to show up" | Female Army Reserve officer first to earn Ranger tabs
Hiring at private enterprises unexpectedly increased in April, defying projections for a slowing labor market, according to payroll processing firm ADP. Private payrolls increased by 296,000 for the month, exceeding the Dow Jones projection of 133,000. Full Story: CNBC (5/3)
Create a healthy work culture with SHRM23 Prioritizing mental health in the workplace is crucial for a healthy and productive work environment. Join your peers at the SHRM Annual Conference & Expo 2023, June 11-14, in Las Vegas and virtually, to hear from a wide range of experts on how to support employee mental health in the workplace. Register now.
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Recruiting & Retention
Hiring requires a place "where workers want to show up" The company named as 2023 Small Business Administration Manufacturer of the Year has good pay and benefits, but when hiring, Hygrade Precision Technologies CEO Pedro Soto also knows that people also seek "a good place to work, where they want to show up and have other good people around." Soto says everyone at the aerospace high-precision machining and finishing company models those values and likes working with each other, which is the type of edge manufacturers need in such a competitive hiring market. Full Story: Chief Executive (5/1)
Inflation and Participants High inflation has impacted households as food and housing costs soar. How has it impacted participant behavior? Find out with Retirement at a Glance and get other timely facts on the retirement industry, too.
SmartSummit: Leading through uncertain times Learn how to build a healthy culture of success and retain your work teams during an uncertain business landscape in this free one-hour webcast. Register now for the Thursday May 18, 2pm EDT event.
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Primary care can help support staff mental health A report by One Medical and Workplace Intelligence suggests that while many workers are affected by mental health issues, they often do not take advantage of available services due to benefit complexity and low awareness of resources. Report authors said placing a greater emphasis on primary care could be helpful to engage workers more in their own mental and physical health. Full Story: BenefitsPRO (free registration) (5/2)
Technology
Goldman Sachs says it may start generative AI use soon Goldman Sachs Group Chief Information Officer Marco Argenti says the bank has been testing the capabilities of generative artificial intelligence and could be months away from implementing it. "The technology is changing so fast in front of our eyes that I think it's almost like the limit is ourselves and being able to rationalize it," Argenti says. Full Story: The Wall Street Journal (5/2)
Our comfort with nature's endless turns -- the falling of leaves, the spinning of planets -- can be an apt lesson for handling business problems, marketing consultant Steve McKee writes. Leaders can view such turns along a well-mapped straight road as opportunities instead of obstacles and detours instead of disruptions, McKee suggests. Full Story: SmartBrief/Leadership (5/3)
SmartBrief Podcast Network
SmartBreak: Question of the Day
May the 4th be with you! Han Solo claims the Millennium Falcon completed the Kessel Run in how many parsecs? Check your answer here.
The roommate got in from the gym after midnight last night to find me still hunched over my laptop, writing. “Are you still working on that story?” “I don’t want to talk about it.” “Same one you were working on when I left?” “Really don’t want to talk about it.” “Need anything?” “Sleep.” He smiled, gave me a side hug and ambled away to shower off the gym grime. I rubbed my eyes, put my head in the triangle of my hands and sighed. Then I sat up straight, stretched my back and neck, and inhaled deeply. “Back at it, Namahoe,” I mumbled to myself, returning to my keyboard. I finally finished the draft and dragged myself to bed. I groaned when I saw the time. 1 a.m. I had to be up in four hours to work. “I am too old for this,” I muttered, drifting off. Today’s Leadership & Development story offers some great advice for recovering after a poor night’s sleep. I didn’t read it until I started editing this brief, but turns out I had already done a couple things the story suggests. I got some light (I open all the curtains in my office as soon as I get to my desk in the morning) and I took a quick walk about the house. It helped. My head didn’t feel so foggy and I didn’t feel punchy as I worked. How do you get yourself up and functioning if you don’t get good sleep the night before? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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