Initial jobless claims increased to 223,000 last week, rising 6,000 from the prior period, according to the Labor Department. The tally was roughly in line with the projections of economists polled by Reuters, who had expected 220,000 claims. Full Story: Reuters (1/23)
Recruiting & Retention
How Krystal prioritizes workforce empowerment Quickservice chain Krystal has embraced a people-first approach under the leadership of Amanda Hyde, senior vice president of operations, whose management style emphasizes listening to long-term employees and leveraging existing operational strengths. The company has introduced performance-based incentives and new training programs to empower employees, and Hyde has focused on coaching district managers to foster a culture of recognition and accountability. Full Story: QSR (1/22)
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CFOs expect wage growth in 2025 More than 70% of CFOs from large companies expressed optimism about the North American economy improving by late 2025 -- a significant shift from previous quarters, according to a recent Deloitte survey. CFOs also expect a 7.3% increase in wages and salaries this year, nearly doubling the previous quarter's projection. Full Story: CFO Dive (1/22),CFO (1/22)
Technology
Sensor tool aims to improve use of office space Logitech has introduced "Logitech Spot," a new sensor tool designed to enhance office efficiency by monitoring space utilization and energy consumption. The device features radar-based presence detection and integrates with various collaboration platforms, offering businesses insights into space usage and energy-saving opportunities.
The HR Leader
Remote work at top of workplace accommodation requests Remote work became the accommodation employees requested most in 2024, according to an AbsenceSoft survey, as major companies such as JPMorgan Chase, Goldman Sachs and Amazon require more in-office work. Employees often ask managers before HR about working remotely, but HR should lead the accommodation process to ensure compliance, AbsenceSoft Chief Strategy Officer Seth Turner says. Full Story: WorkLife (1/21)
SmartBreak: Question of the Day
Charles Stanton is credited with inventing the modern traffic cone. An article from 2022 wrote of a prankster in Ohio who painted several of them to resemble what?
