Remember your first friends from work? | Tech workers no longer in the job market driver's seat | 5 steps to make business changes as smooth as possible
Friendships made at your first major job were often instrumental in your career and even resulted in lifelong personal relationships. Today, with more people working remotely and meeting over Zoom, forging such friendships is more difficult, but some employers are striving to foster work relationships. Full Story: The New York Times (7/14)
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Recruiting & Retention
Tech workers no longer in the job market driver's seat Tech workers could pretty much demand what they wanted as the pandemic led companies to scramble for remote workers. But as recessionary times take hold, major tech companies are slowing hiring and reconsidering whether jobs should be remote. Full Story: The Wall Street Journal (7/15)
Large pay raises likely, but inflation could weaken impact Facing a tight labor market, employers are expected to boost average annual pay raises to 4.1% in 2023 -- the biggest increase in 15 years -- but that won't make up for inflation if it continues at its pace of more than 9% as of June. In this case, workers may face seeing their pay cut as their purchasing power is also cut. Full Story: CNN (7/14),CNBC (7/14)
The HR Leader
CFO: Simple employee recognition pays off Employers that recognize employees for contributions either inside or outside the workplace are more likely to retain workers and to improve productivity, Workhuman Chief Financial Officer Scott Dussault writes. "Recognition ensures people feel engaged, connected, and respected, even in the most difficult of times," Dussault writes. Full Story: CFO (7/14)
Workplace Chatter
"Soberforce" group supports sobriety at Salesforce A Salesforce employee who is an alcoholic invited colleagues in 2020 to form a support group called "Soberforce," and today the Slack-based group has over 400 members. "We always said that if we helped one person, it would be worth it, and I still get goosebumps when I tell this story, because the reaction was so swift," says Marin Nelson, the then-employee who sent the invite and has since joined Visit.org. Full Story: Employee Benefit News (free registration) (7/14)
About the Editor
Kanoe Namahoe
Stacy kicked my tail. I was going through my divorce when she hired me to be her sales associate. It was a rough beginning. She was the top sales rep in the company and my job was to make sure she stayed there. I had no idea what I was doing and she demanded I learn quickly. I was miserable the first few weeks, but I had rent, bills and a son to raise. I did not have the luxury of running away from the job. Thank God. That job not only launched my career in publishing, but it gave me one of the best people I’d ever know. Slugging out together in the ad sales trenches brought us close. We went to the spa and soccer games together. She became Aunt Stacy to my kids. When I gave birth to Kawai, she was at the hospital. When she got married, I flew to Hawaii to be there. When I received an award for having among the top sales in the company, she was on her feet, tears in her eyes, cheering wildly. I became a better professional, mother and woman thanks in part to Stac. The friendships we make early in our careers change us, as we see in our top story today. These folks are more than just cubicle buddies. They teach us critical lessons and help define our professional character. July 8 marked 24 years for me in B2B publishing. It’s been a long, good run. When I started, I never expected to be where I am now. That 28-year-old Kanoe just wanted to pay bills and raise her children. But as I learned and grew, I found the career pathway that filled my cup. And it all started over lunch at the Hyatt in Westlake, California, with the pretty blond in the white Toyota 4Runner. Thanks, Stac. How can I serve you better with this brief? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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