Happy At Work: Wishing You A Safe, Healthy And Happy New Year!
The pandemic made us reevaluate and scrutinize our work and lives. Traditionally, the end of the year and looking toward the beginning of a New Year has us engage in introspection. We start thinking about if we’re happy, hold a job that offers purpose, meaning and fulfillment and the chance to move forward in our lives and careers. We take stock of whether or not our boss treats us fairly and pays a competitive compensation. With this double shot of reflection, it’s natural that Americans and people around the world will think deeply about what they want to achieve in the New Year.
There’s a growing worldwide movement led by young people. Weighed down with overwhelming college debt, unable to find decent paying jobs (leading to the inability to purchase homes), stuck in low paying jobs with no future and being forced into the gig economy made Gen-Zs and Millennials feel misled and betrayed by their elders.
What keeps CEOs up at night is worrying about how to attract, recruit and retain workers. The job market is so challenging that Apple is awarding bonuses up to $180,000 to keep software engineers from being poached by rivals like Meta, Amazon and Google. Deskless people who work in warehouses, fulfillment centers, restaurants, bars and department stores are being offered sign-on bonuses, wage increases, flexible schedules and free college tuition.
Apple, one of the largest tech companies in the world, is worried. The war for talent, especially in the tech sector, is heating up. Surprisingly, the pandemic saw a boom in entrepreneurialism, cryptocurrency exchanges, FinTechs and rapid growth at big giants, like Amazon, Google, Microsoft, Zoom and Netflix. There has also been a rush in venture capitalists funding new startups. According to Bloomberg, Apple is particularly concerned over the thousands of new employees Meta—formerly Facebook—will need to build the metaverse. In a preemptive strike to retain top talent, Apple is offering an “unusual and significant stock bonuses to some engineers in an effort to retain talent, looking to stave off defections to tech rivals.”
It took a global pandemic for many business leaders to wake up and recognize the need to treat their workers with empathy, respect and dignity. Up until recently, it was accepted practices for CEOs, executives and middle managers to rule with an iron fist. Workers were paid to do their jobs, and that’s it. There weren’t any open and honest conversations held about the mental health and well-being of their employees. The old-school mindset was that if you showed some compassion, it’s a sign of weakness.
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In the United States, about half the people who start college don’t finish. This creates a big problem for nearly 40 million Americans—roughly 20% of the working-age population—that only have some college credits, no degree and tens of thousands of dollars in debt that anchors them down for the rest of their lives. The Federal Reserve Bank estimates that Americans owe about $1.73 trillion in student loans, with nationwide college debt increasing by 91% between 2011 and 2021. An undergraduate degree at a public school increased by 213% since the 1980s, according to the College Board.
The narrative lately is all about the surge in Omicron cases, closures of businesses, schools and canceling of air flights and live events. While doom scrolling through social media, you’re missing out on something. Amidst the chaos and madness enveloping us, there are amazing opportunities available for the brave and intrepid. Under the radar, there is a stealth trend that could change your life.
About Jack Kelly
Jack Kelly is the CEO, founder, and executive recruiter at one of the oldest and largest global search firms in his area of expertise. He has personally placed thousands of professionals with top-tier companies over the last 20-plus years. Jack is passionate about advocating for job seekers. In doing so, he founded a start-up company, WeCruitr, at the beginning of the Covid-19 pandemic. The mission of WeCruitr is to help people in need and make the job search more humane and enjoyable. As a proponent of career growth, Jack shares his insider interviewing tips and career advancement secrets as a Senior Contributor for Forbes. He also covers timely topics related to corporations, high-profile people, Wall Street, politics and other important matters. The pieces offer insight into the news and how it may impact your career. Jack is the author of How To Get A Job In Tough Times, as well as the co-host of the Happy At Work podcast.
Talent Acquisition-Recruiting | Project & Business Management | USN Veteran//Veteran Advocate/Coach | Active Clearance
2yHappy New and we greatly appreciate your time and effort supporting us all!
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2yThank you Jack Kelly !