Fri.Jun 16, 2023

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The Financial Job Market Is About To Get Even More Rough

Allwork

What’s going on: Major U.S. banks, including Citigroup, Goldman Sachs, and Morgan Stanley, are set to cut over 11,000 jobs before the end of this year, according to Financial Times. Additionally, Bank of America has plans to reduce 4,000 positions through attrition. JP Morgan has not yet announced any large-scale layoffs. Why it matters: It’s reported that the top five banks that dominate Wall Street – JP Morgan, Bank of America, Morgan Stanley, Goldman Sachs, and Citi – had hired m

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How to Negotiate Severance: Tips and Strategies for the Modern Workforce

Success

In an increasingly unpredictable job market, knowing how to face layoffs and navigate severance negotiations is a necessary skill. According to a recent JustAnswer survey , “58% of people who received a severance package when laid off did not negotiate that package.” Despite that high number, severance negotiations are not a lost cause. Sho Dewan, career coach, founder and CEO of Workhap, and Merry A.

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Workplace Acoustics: A Tool To Draw Employees Back To The Office

Allwork

Workplace acoustics can underpin a strategy to get employees agreeably back into the fold. Collaborative areas should be loaded up with acoustically absorptive materials. By employing easy workplace acoustic concepts, the office has a new chance to be an attractive and productive place where employees will be comfortable in their work. This article was originally written by Steve Johnson for Work Design Magazine.

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Cloudy with a Chance of Files: Unlocking the Potential of Cloud-Based File Storage

Tips From T. Marie

No matter what type of home business you may be running, storing files and information are part of the package. That used to mean digging through cluttered desktops, searching for lost USB drives, and the frustrations of figuring out how to share files. These days you don’t need clunky file cabinets anymore. With cloud-based file storage, your life is about to take a delightful turn.

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SME Relationships: Proven Solutions for Seamless Collaboration and Success

Speaker: Tim Buteyn, President of ThinkingKap Learning Solutions

💢 Do you find yourself stuck in never-ending review cycles? Are you wondering if your Subject Matter Expert actually got that last review request? Are you having trouble trying to decipher impractical or conflicting feedback? 💢 If any of these scenarios sounds familiar, you may benefit from a crash course on managing SME relationships!

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Half Of U.K. Employees Considering Job Change

Allwork

What’s going on: A recent study by U.K.-based Omni RMS reveals that half of the U.K. workforce would consider changing jobs for better pay and benefits, according to Staffing Industry Analysts. The research underscores an eagerness for career advancement opportunities, with 44% of the 500 participants surveyed giving it higher precedence than remote or hybrid work arrangements.

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Governments Are Pioneering the Flexible Work Revolution

Allwork

The U.S. federal government has urged agencies to craft a balance between required in-person work and promoting remote work flexibilities. As a beacon of global business, New York City’s decision sends an unambiguous signal: flexibility is the future of work, and adaptability is essential to remain pertinent. Federal government policies often act as a barometer for broader labor market trends.

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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. What pay is taxable? What do you do with their final paycheck? Are there special reporting requirements? Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen.

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Survey Reveals 4-Day Work Week Boom Is Coming Fast

Allwork

What’s going on: A recent survey conducted by ResumeBuilder.com revealed that 20% of American employers have already implemented a four-day workweek, while another 41% stated that their company has plans to implement the policy. The survey asked 976 business leaders questions on their current attitudes towards 4-day work week policies. The data stems from 600 respondents who completed the full survey.

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Whinging Poms? Why the UK workforce is one of the unhappiest in Europe

Workplace Insight

Nearly all UK workers (90 percent) are not enthused by their work and workplace, according to Gallup’s State of the Global Workplace 2023 Report. The UK workforce rate of engagement at work (10 percent) remains one of the lowest in Europe, ranking near the bottom among peer countries (33 out of 38) with countries like the US reporting triple the number of engaged employees (31 percent).

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Elevating the Virtual Interviewing Experience

Sharing your authentic self in a virtual interview can be an unwanted challenge. How do you break through the digital barrier when conducting a virtual interview and share your exceptional self? Think in unconventional ways to elevate the virtual interviewing experience.

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Worxbee Insights: Embracing Contractors

Worxbee

In the second installation of this blog mini-series, we sat down with Kenzie Biggins, Founder and CEO, for actionable insights into smarter, more sustainable ways of working—whether you’re a soloprenuer, small business or big corporate outfit. Email Address Subscribe Thank you! How Worxbee is Different than Gig Workers “I’ve noticed a shift in how people think about engaging contractors, which needs to continue,” reveals Biggins.

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How to Showcase Work Samples in Your Professional Portfolio: Procedures Writing Sample

All Things Admin

Whether you’re searching for a new job, making a case for a promotion or raise, showcasing your skills during your annual review, or simply want to be in a position to take advantage of opportunities that may come your way, a professional portfolio is an invaluable tool for any administrative professional. Your portfolio should include your resume, letters of recommendation, awards and recognitions, past performance reviews, and certifications.