Employers face salary challenges on multiple fronts | What's your "anchor belief" in difficult times? | Why the end of a feedback session is so important
Employers face salary challenges on multiple fronts Many employers will have to change their compensation practices to accommodate remote work, labor shortages, inflation and the cultural and regulatory trend toward pay transparency, says David Buckmaster, who handles pay and benefits at Wildlife Studios. "One of the challenges is that a lot of your heads of HR typically don't go through the compensation team, nor do they even necessarily know how much do people in their organization make," Buckmaster says. Full Story: Charter (1/22)
What's your "anchor belief" in difficult times? When facing difficulties at work, you can control how you respond when your "anchor belief," as author Brenda Bence calls it, is positive rather than negative. Alaina Love shares the story of a client who was struggling with work pressures and needed to shake his negative "inner defeatist" before he could work with his boss on solutions. Full Story: SmartBrief/Leadership (1/24)
Making the Connection
Why the end of a feedback session is so important Feedback sessions -- whether positive or constructive -- should give the recipient a clear sense of what happened and why it matters, writes David Burkus. While the end goals might be similar, don't combine negative and positive feedback, Burkus writes. Full Story: David Burkus (1/24)
The Landscape
$122,000 per year considered baseline for financial health Americans consider earnings of $122,000 per year, which is more than twice the national earnings average, as the minimum amount for financial wellness. The news comes as rising consumer prices overtook wage increases last year and reduced people's buying power. Personal Capital Chief Investment Officer Craig Birk notes that many Americans' perception of financial comfort is influenced by social media, meaning they may have set unrealistic expectations for themselves. Full Story: CNBC (1/20)
Dealing with retirement savings accounts still a pain Unfortunately, the hassles associated with transferring a retirement savings account after making a job change doesn't look like they will go away anytime soon. Full Story: Axios (1/22)
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