In business, success is rarely about performance alone. Everyone who has risen to the top of the firm has talent or they wouldn’t be there. Now, instead of focusing on your talent, go about learning how to spot dangers before they arise, and how to handle the situations strategically. Individuals are chosen for management and leadership positions because their skills and technical or industry knowledge have been recognized. It is tempting to jump into your new position... more
Challenger, Gray & Christmas Blog
A new survey from the U.S. Travel Association shows that 40 percent of all Americans do not use all of their vacation time. At the end of the year, there are roughly 430 million unused vacation days on the books as a result of our “dedication” to work. Of course, this dedication is not driven by job satisfaction. It is driven by fear – the fear of being laid off, fear of being passed over for promotion, fear of not getting a salary increase, and fear of being over-... more
By Rick Cobb
Every month we publish the Challenger Layoff report. Most writers and producers of business information are familiar with our releases, and come to us regularly for comment on issues of employment. Invariably we’re asked the question: “Where are the jobs…who’s hiring?” We respond with the “hot” sectors and geographies, but we seldom get to address a core issue.
CEO John Challenger discusses tech sector job cuts and the economy on Fox Business
A shocking shooting at the offices of Arrowstream in the Chicago loop has our experts discussing workplace violence and how to handle employee demotions.
See the clip here: http://firstbusinessnews.com/workplaceshooting8114-3/?channelId&channelL...
Last week, Mexican billionaire Carlos Slim used his speech at a conference in Paraguay to advocate for the three-day work week. While workers would clock 11-hour days to keep productivity at acceptable levels, Mr. Slim envisions a workforce that will be able to work longer into their lives while enjoying more work-life balance. He also sees peripheral economic benefits in the creation of new leisure and entertainment activities.
It is unlikely that a three-day... more