Prioritizing your time and putting the most important tasks first help to alleviate job-related stress, writes Jessica Desjardins. Take a big-picture overview at the start or end of each day as to what is most important and then focus on only those tasks while blocking out distractions, she suggests.
Major US banks reportedly plan to transfer assets totaling $283 billion to Frankfurt, Germany, and make the city their European hub in anticipation of Brexit. Goldman Sachs, JPMorgan Chase, Morgan Stanley and Citigroup are all said to be planning such a move, which would include a large volume of derivatives contracts with EU clients, although sources say plans may change depending on the Brexit negotiations.
HR vendors are embedding performance-measurement tools in their platforms and soon may offer automated technologies that use data-based algorithms to rate employees. "The trend is toward slick, user-friendly mobile tools to provide real-time feedback," says Bhushan Sethi, a PwC performance-management analyst.
Outdated payroll programs should be replaced with systems that allow same-day pay and use cloud technology, on-demand analytics and chatbots, executives say. "We've seen the adoption of self-service technology increase dramatically even for smaller and midmarket companies, since many employee questions come in the area of payroll," says Stacey Harris of Sierra-Cedar.
A survey says many job seekers aren't convinced artificial intelligence is a good recruitment tool, but HR teams find it useful for testing skills, sharing information, requesting references and rejecting applicants. However, Reid Rasmussen, CEO of freshbenies, expressed skepticism that AI should be used for direct communication in an already tough hiring environment.
The Openpath app lets employees use their smartphones to get into their workplace buildings. The system, which replaces keys or badges, also allows employers to admit guests and easily update the list of people who are given access.
HR professionals are using augmented analytics to study people data and communicate the conclusions in easy-to-understand terms. "The best augmented analytics tools can aggregate those data flows to be able to tell leaders, 'Here are the top-level stories you should focus on in your data, and here are the major factors driving them,'" says Brian Kropp of Gartner.
LinkedIn's expanded learning system uses algorithms to recommend training and opens the platform to other content sources, writes Josh Bersin, founder of Bersin by Deloitte. "Coming in the newest release, LinkedIn is also adding collaboration and Q&A features to LinkedIn Learning courses that let learners communicate with each other and interact with the author or publisher, making it a collaborative learning platform as well," he writes.
Starbucks plans to lay off 5%, or about 350 people, of its corporate workforce, with employees in marketing, creative, product technology and store development affected. The layoff applies to work that has been eliminated or deprioritized, CEO Kevin Johnson says.