Employers created 374,000 jobs in August, according to data from ADP. While an improvement on the 326,000 additions recorded in July, the August figure falls significantly short of estimates from Dow Jones and other economists. Full Story: The Hill (9/1)
It's not business as usual COVID-19 has dramatically changed our financial landscape and work culture, sparking a lasting shift in how we do business. Returning to a "new normal" can also mean new risks - and new insurance needs. Learn more.
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Recruiting & Retention
Survey: Why people are quitting their jobs Thirty-two percent of people who quit their jobs in the past six months are seeking to start their own business, and the top motivator for 62% of them was being their own boss, according to a Digital.com survey. Respondents overall said the top reasons for leaving their job was pay and benefits, health and pursuing their passion in another role. Full Story: Inc. (tiered subscription model) (8/31)
Junior Achievement Means Work Readiness With partners like you, Junior Achievement's proven programs help the next generation become work- and career-ready adults. But we can't do it alone! Contact your local JA office to see how you can get involved!
Report: Social Security fund could run out by 2033 The latest trustee report on the Social Security Old-Age and Survivors Insurance Trust Fund says the fund could be depleted in 2033, a year sooner than what the report had estimated last year. The fund's reserves stood at $2.9 trillion at the end of 2020, but the report cites a rapidly aging population, expected shortfalls in budget allocations and setbacks caused by the pandemic as factors that will hasten depletion. Full Story: ThinkAdvisor (free registration) (8/31),The Hill (8/31),Reuters (9/1),InvestmentNews (tiered subscription model) (8/31)
Why creativity relies on collaboration, diversity Our differences create contrast, which creates room for new ideas if we let it, writes Steve McKee. "One way to describe creativity itself is the combination of previously unrelated ideas, and a great way to generate unrelated ideas is to put unrelated people in close proximity to one another," McKee writes. Full Story: SmartBrief/Leadership (9/1)
About the Editor
Kanoe Namahoe
I got home from the gym last night to find a driveway full of Harleys and a patio deck full of bikers, laughing and sipping on beers. One of my tenants was holding a barbecue with his motorcycle club. They head out tomorrow for a long ride and biker event, and last night’s barbecue was a precursor to the weekend’s activities. I love these guys. They’re a terrific group. And all very different. Some are fathers and husbands. Some are single. Some are entrepreneurs. Some are formerly incarcerated. Some are young, some are older. One has his MBA and writes contracts for the government. Another has his bachelor’s and manages operations programs for the Navy. One runs his own trucking company. What strikes me as interesting about this club is the engagement of its members. I watched them last night, eating, laughing, planning and talking. Despite their differences, they’re locked into a common interest and goal. Their culture is healthy. They talk daily, are honest with each other and have genuine respect for their leaders and the club. They gather regularly. There are squabbles like any other organization, but these conflicts are handled with maturity and transparency. One guy left recently. No one got upset. It happens. I thought of that this morning when I read today’s Leadership & Development story about employee engagement. Healthy culture. A mosaic of backgrounds. Transparent leadership. Proper management of conflict. All of it works together to keep staff and members locked in and moving forward. What are you doing to foster employee engagement? Let me know! And if you enjoy this brief, tell others so they can benefit also.
