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Some Companies Are Asking Employees to Pay for Training to Increase Buy-in. But Does It Work?

Success

You make it through hurdle after hurdle, from multiple interviews to onboarding, and you are ready to start training. And then, you are asked to sign a Training Repayment Agreement Provisions (TRAPs) agreement. And as sketchy as the name sounds, you do it because, well, you need a job!

Training 238
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3 Steps to Take Before Going Into Business for Yourself

Success

A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. According to the Bureau of Labor Statistics , the average employer paid “78% of medical care premiums for single coverage plans” in 2021, which is a nice perk. Create a plan.

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The sector responds to the Spring Budget

Workplace Insight

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. The Autumn Budget in November 2023 teased us with the “Back to Work” plan to support sick or disabled adults back into work along with a launch of the occupational health consultation.

Budget 59
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Good to Great: 6 Tips for the Journey from Health to Strength

Success

Additionally, a 2021 study published in PLOS ONE found that obese adults spent about $1,800 more in medical bills than the average person, which accounted to over $170 billion annually in the U.S. In fact, health care costs in general have been rising sharply for many years, as they continue to consume a larger share of our budgets.

Health 263
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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

Your part-time consulting job likely won’t cover all the bills, so you may need to cut the fat from your household budget. That may mean canceling your Audible membership, exercising at home instead of the fancy gym or shopping at the budget supermarket instead of Whole Foods. He didn’t try to do it all—not at first.

Salary 363
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The Art of Problem-Solving: 4 Creative Strategies to Tackle Your Biggest Obstacles

Success

The problem: Revenue was $50,000 last year, but 2021 is off to a slow start; you sold zero training packages in January and February. We review key performance indicators and note: First-quarter 2021 revenue was only $3,000, down 71%. Can we cut costs elsewhere? White hat : Just the facts, ma’am. Let’s talk to our lawyer.

Salary 310
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How to Cultivate a Growth Mindset

Success

In a 2021 study published in the Psychologica Belgica, researchers found that placing a priority on positivity moderately increased well-being, happiness and overall life satisfaction in participants. Positive mindsets reduce stress. For example, in its infancy, Airbnb tried out tactics to sign up new users.

Stress 296