Fully remote workplaces are becoming harder to find

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When a promotion isn't in the offing, provide a roadmap | More than half of Gen Z embraces gig economy | Employers cushion the blow with longer notice periods

Created for [email protected] | Web Version

December 12, 2023

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Getting Ahead

When a promotion isn't in the offing, provide a roadmap

(mikkelwilliam/Getty Images)

Being passed over for a promotion can discourage an employee, but leaders who express empathy and help them map out a plan for future advancement can give them a new sense of motivation, writes Luis Velasquez, the founder and managing partner of Velas Coaching LLC. That roadmap should include an assessment of their current skills and exactly what areas they'll need to master to advance in the organization, Velasquez recommends. Full Story: Harvard Business Review (tiered subscription model) (12/11)

More than half of Gen Z embraces gig economy More than one-third of US workers turned to freelancing this year, according to a report from Upwork, and almost half offered knowledge-based services, such as marketing, consulting or computer programming. Freelancing was most common among the youngest generation of workers, with more than half of them holding contract-based, temporary or supplemental jobs, compared with 44% of millennials. Full Story: BNN Bloomberg (Canada) (12/12)

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Employers cushion the blow with longer notice periods Large employers, including Disney and Wells Fargo, are giving longer notice periods, sometimes for several months, to staff who are being laid off to give them ample time to find new opportunities. Although longer notice periods come with risks, the benefits to company reputation and employee relationships shouldn't be underestimated, experts say. Full Story: The Wall Street Journal (12/10)

The Landscape

US health care employment makes unexpected gains Bureau of Labor Statistics data show that nearly 40% of the 199,000 US jobs created last month were in the health care field. November saw a gain of 77,000 positions in the sector, a significant rise over the previous 12 months' average, and the agency reported that the greater-than-expected gains helped to reduce the nation's unemployment rate to 3.7%. Full Story: HealthLeaders Media (12/8)

Conference Board: Job market continues to slow The US job market showed further signs of cooling in November, according to the Conference Board's Employment Trends Index, which fell to 113.05 from a revised 113.09 in October. The Employment Trends Index has steadily declined since reaching a peak in the spring last year. Most new jobs in the last six months have been added in government and service sectors like health care, leisure and hospitality, while other industries have experienced flat growth or job losses. Full Story: The Wall Street Journal (12/11)

Fully remote workplaces are becoming harder to find While most companies have let go of all-office-all-the-time models, many are also moving beyond the era of fully remote work, an EY report found. Just 1% of business leaders surveyed by the firm said their organizations were fully remote, compared with 34% a year earlier, and EY's Mark Grinis said a sense that fully remote workforces lose out on culture and growth may explain the shift. Full Story: CNBC (12/12)

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Your Next Challenge

Med students increasingly opt for business degrees

(Pixabay)

Physicians increasingly are pursuing dual MD-MBA degrees, with more than 60% of medical schools offering programs. The shift may be driven by a desire to combine clinical expertise with management skills and the opportunity for greater financial rewards. Full Story: KFF Health News (12/11)

The Water Cooler

United flies Colo. children to "North Pole"

(Chicago Tribune/Getty Images)

United Airlines partnered with Make-A-Wish Colorado, Girls Inc., Children's Hospital Colorado and Rocky Mountain Down Syndrome Association to fly children to a "North Pole" holiday party Dec. 9 at Denver International Airport. "I just can't give it up. It's such a beautiful thing to be a part of," said Capt. Paul Purkey, who has volunteered for "fantasy flights" for 15 years. "To see the joy and the happiness in their faces is just overwhelming." Full Story: The Denver Gazette (12/9), KCNC-TV (Denver) (12/9)

SmartBreak: Question of the Day

Which of the following locations listed here was NOT a node of the ARPANET when it was established in December 1969?

MIT

University of California at Los Angeles

University of California at Santa Barbara

University of Utah

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I have written scores of thousands of words on hundreds of subjects, about a good many of which I know somewhat less than all. But that's journalism.

Edwin Yoder,
journalist, columnist, Pulitzer Prize winner
1934-2023

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