PwC's 21st CEO Survey shows that 80% of executives are worried critical skills will not be available in the workforce in the future and that companies are investing more resources in recruitment and training. Employers must get past four myths about learning, including that lecture-based instruction is most effective to convey information and that those who learn quickly are smarter than their peers.
Wage growth has slowed, and one theory is that companies are adding benefits and giving bonuses, instead of increasing wages. Experts dispute this, saying that while some companies have publicized changes in benefits and bonuses, retirement, leave and insurance benefits have remained steady, according to the Bureau of Labor Statistics.
Facebook announced Friday that it would end its forced arbitration of sexual harassment claims, following in Google's footsteps and allowing aggrieved parties the option to sue. Facebook also made changes to its workplace relationships policy, requiring higher-level employees to disclose relationships with other employees.
LinkedIn rolled out a test run of its new events tool in San Francisco and New York City, and plans to launch it worldwide after this pilot period. Users will only be able to create public events initially, but LinkedIn expects to add the ability to create private functions.
Scotland will become the first country to require schools to teach material on LGBTQ history. With a curriculum based on policy suggestions from the Time for Inclusive Education campaign, students will learn about LGBTQ equality, identity complexities and how to confront homophobia and transphobia.
Even talented workers may have their career progression halted by issues such as poor peer relationships or inadequate executive presence. These types of issues can be fixed, but there is often a breakdown during the feedback process.
The IRS is increasing the maximum allowable 401(k) contribution by $500, which puts the maximum allowable contribution to $19,000 per year. At a 7% compounded interest rate, that extra $500 per year equates to about $47,000 of retirement savings over a 30-year period, financial planner Neal Van Zutphen points out.
Confidence, both verbal and nonverbal, is the most important factor when sitting down for a job interview, explains Harriet Green of IBM Watson Internet of Things. A successful interviewee comes to the job interview prepared, sits up tall, doesn't fidget and speaks with confidence, Green says.
FourBlock aims to help veterans transition into civilian life by providing access to free university-accredited education in 20 cities across the country. Veterans often have to take a step back and essentially start over when returning to civilian life, and many vets can benefit from assistance in making this transition, suggests Michael Abrams, founder of FourBlock and Marine Corp veteran.