Michael Corbat will retire as Citigroup CEO in February after eight years in the position and will be succeeded by Jane Fraser, marking the first time a woman has become CEO at a major US bank. Fraser has worked at Citi for the past 16 years and is president and CEO of Global Consumer Banking. Full Story: CNBC (9/10),The Wall Street Journal (tiered subscription model) (9/10)
Webinar: Digital Transformation starts at the front With ever-changing local & national conditions, how can you ensure every location is set for success? Collected from Fortune 500 leaders WorkJam presents a best practice guide of easy to implement ideas for Frontline Digital Transformation. Register for the webinar.
Payroll Department: Your Unsung Heroes The last thing your people need is an error in payroll. The smallest mistake could result in a loss of employee trust or penalties/fines. Learn how to avoid potential problems with first-class payroll software backed by artificial intelligence.
Introducing Fidelity® Health Savings Funds The industry's first mutual funds developed for investing in HSAs, designed to help people address the uncertainty of saving for medical expenses. Learn more
How Fidelity is supporting its working parents Fidelity Investments is helping parents cope with remote working and child care duties with its virtual summer Fidelity Kids Camp, which reached 900 families with full-day programming across five weeks, the company's Teresa Pelletier says. Additional support includes child care vetting, paid relief days, mental health benefits and an employee caregiver community. Full Story: HR Dive (9/9)
Technology
It's time to abandon the myth of performance management HR technology influencer Jason Lauritsen in this Q&A discusses why performance-management tools are obsolete and should be replaced by technology that enables digital collaboration. Lauritsen also explains how technology is becoming increasingly important with remote working, noting, "Organizations that thrive will be those that rethink the flow of work and then apply technology to make that process work as easily and seamlessly as possible for employees." Full Story: Human Resource Executive (9/9)
The HR Leader
3 ways to boost your career from home Technology can provide professional development while the COVID-19 pandemic has paused in-person conferences, classes and seminars, writes William Arruda of CareerBlast. Arruda shares places to find online communities, training simulations and volunteer opportunities. Full Story: Forbes (9/8)
Sharing SmartBrief on Workforce with your network keeps the quality of content high and these newsletters free.
SmartBrief will donate $10 per new reader to organizations fighting for climate reform, women's rights, global health initiatives and more.
