Goldman's Solomon: No emergency rate cuts from Fed | Use a positive mindset to protect your leadership energy | Why you need a roadmap for your change strategy
Fed is not expected to make an emergency rate cut after the stock market plunge. (Michael M. Santiago/Getty Images)
The Federal Reserve will avoid emergency interest-rate cuts before September, despite market volatility and weaker-than-expected employment data, Goldman Sachs CEO David Solomon says. "The economy will chug along, and we probably won't see a recession. ... Based on the economic data we're seeing now and the messaging from the Fed, I think it's likely that we'll see a cut or two in the fall," Solomon says. Full Story: Bloomberg (8/6)
Recruiting & Retention
Return-to-office mandates delivered interesting results Return-to-office mandates negatively impact employee retention and productivity, according to a survey involving over 4,400 US workers. The survey found that remote workers are more likely to enjoy their jobs, experience a healthier workplace, and avoid office politics. Full Story: Ars Technica (8/6)
Ready to elevate your org's leadership? In today's dynamic workplace, a strong leadership development program is vital for attracting, retaining, and nurturing future leaders. This webinar equips you with the tools to foster effective leaders within your organization. Don't miss out—register now!
Online shoe and clothing retailer Zappos supports LGBTQ+ employees by offering six weeks of paternity leave for all parents, fertility benefits, child care assistance and a Transgender Day Visibility Chat, which allows employees to share their experiences, says Zappos' Cody Britton, who points out the company uses the Human Rights Campaign's Healthcare Equality Index as a guide. "Zappos is not my first job, but it is the first job I've ever had where I wasn't afraid to show up authentically," says Britton, who adds she was able to have a baby thanks to the company's in vitro fertilization benefits. Full Story: Employee Benefit News (free registration) (7/30)
Path to Workforce
New center elevates workforce skills A Louisiana school district and River Parishes Community College are partnering on a new technical training center that offers welding, process technology and electrical instrumentation courses. The program aims to address poverty by providing high-demand skills and will serve as a model for similar initiatives across the state. Full Story: The Advocate (Baton Rouge, La.) (8/7)
The HR Leader
Your team can't read your mind, so communicate clearly Instead of assuming that your team knows what you want or how to solve a problem, be clear about your expectations by communicating them clearly five times in five different ways and check that they understand, write Karin Hurt and David Dye. "Clear communication cuts through the chaos, reducing misunderstandings and setting the stage for less stress, more calm, and better collaboration," they write. Full Story: Let's Grow Leaders (8/5)
