A September 2024 report from Intelligent, a platform focused on guiding young professionals in their careers, revealed that many U.S. employers are firing newly graduated Gen Z employees just months after hiring them.
In theory, PIPs seem beneficial, but some business experts argue that they can place undue pressure on employees to overperform, as many fear termination if they don’t meet the goals outlined in the plan.
Who would've thought the folding chair would become a symbol of a movement? 🪑
Read this if you've ever met a negative employee.
(Black Web 2.0) — Looks like another employee has accidentally leaked company secrets. Well, not secrets about his own company. It seems one Derek Goode, in possession of slides on Windows 8, posted them online in a public place. Probably by accident, but you never know. An Italian blog then got their hands on the slides […]
(Black Web 2.0) — Next time you’re wondering why you can’t steal the Foursquare title of Mayor from whoever currently holds the crown at your favorite venue, take a look behind the counter. There’s a good chance that the Mayor’s an employee putting in an unbeatable 40 check-ins a week on the throne. Read More…
(Ad Age) — In a new addition to its benefits package, retail giant Wal-Mart is offering its U.S. employees a way to obtain discounted college degrees through an online university, The New York Times’ Stephanie Clifford and Stephanie Rosenbloom report. Executives from Wal-Mart told the Times that the point of the program was to help […]
(Wall Street Journal) — Every year, business owner Jim Fab lends his 25 employees as much as $4,000 interest-free for personal expenses they can’t afford up front, ranging from down payments on homes and cars to funeral and legal fees. Most pay him back – eventually. “I had a guy send me $300 a month […]
(CNNMoney.com) — You probably cost your boss a lot more than you think you do. For Jim Garland, who owns a corporate aircraft cleaning and support services company, a $14 per hour worker has a true cost of $19.63 per hour, or about 40% more than base pay. This so-called “loaded rate” includes fixed expenses […]