Employee or Contractor? The Answer Could Change the Economy
Whether using Uber, Lyft, Handy, Task Rabbit, or Postmates, there is now a business for nearly any human task that needs doing. Organizations like these have hundreds of thousands of people working for them who are all classified as independent contractors (not as employees). If a flood of recently filed lawsuits decides that these workers are actually employees, the parent companies would have to pay benefits, health insurance, and incur other costs which could set a precedent that would greatly alter, and possibly dismantle, the entire sharing economy. Read more.
The Class of 2015 Graduates into Best Job Market since the Recession
The Class of 2015 is preparing to don their caps and cloaks, turn their tassels, and transition from college life into the "real world." Commencement speakers will encourage new graduates to follow their dreams and change the world, but many soon-to-be grads are worrying about the more immediate question: "Will I be able to find a job?" Read more.
Do New Grads' Job Expectations Match Reality?
New grads are starting out in the labor force with a firmly Millennial mindset about work. They have a high sense of self worth and elevated expectations for their future employers. Optimism reigns for the Class of 2015: 80% feel well prepared and more than half feel that they excel in essential job skills. But their assumptions may not match up with the reality. Employers don't share their positivity and new grads may have unrealistic expectations about what employers actually want or offer. Read more.
What Faking an 80-Hour Week Tells Us about Work Culture
A recent study of a global consulting firm found that many of their staff felt overworked and wanted to resist the expectation to be a 24/7 worker. Employees approached their objective to gain more manageable hours in two ways: some chose to make inconspicuous changes that allowed to them to have more flexibility while others chose to make more transparent decisions to push back against the expectations. The first group managed to "pass" as wholly devoted employees willing to put in their 80 hours (even though they were not), while the second group was harshly marginalized. Read more.
Cracking the Millennial Consumer Code
Millennials remain a mystery for many companies. Those belonging to Generation Y have been characterized as both self-absorbed narcissists and socially conscious advocates for change, as lazy Peter Pans and ambitious self-starters. Whatever they may be, Millennials will soon become the largest group of consumers in the United States with enormous buying power. Companies that understand four fundamental mindsets and experiences of Gen Y can crack the code to harness their enormous purchasing influence. Read more.
May Jobs Report
A second straight month of strong job growth continued to boost optimism that first quarter stagnation was due mostly to winter weather and not a sign that the economy is stalling. The U.S. economy added 280,000 jobs in May and the unemployment rate edged up slightly to 5.5% as more Americans returned to the labor pool and actively started looking for work. Read more.
Asking for Vacation Time
Summer is coming and that means many employees will be hoping to take a vacation, leave the office behind, and hit the beach. One manager expresses concerns that employees are no longing asking for time off, but telling her when they'll be out. Anita Clew offers advice on how to deal with employees needing time out of the office and how to handle vacation demands versus requests. Read more.