Managers find annual reviews to be time-consuming, while employees often see them as inaccurate and biased. Here are eight tips for conducting an effective annual performance review.
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Retirees have seen the purchasing power of their retirement income fall, while working Americans will now need to save and invest for a higher retirement income goal to ensure the same desired retirement standard of living. This erosion of purchasing power may continue for at least the next couple of years, lending urgency to the task of revisiting and potentially revising individuals’ personal retirement plans.
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As the nation’s population becomes more diverse and inclusion more important, the financial advice industry needs to reflect the same since the advice-seeking public will turn to professionals that have backgrounds and experiences similar to theirs.
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The robot revolution in the office will not be about robots existing separately from the worker, like it is in the case of manufacturing; instead, robots will mostly exist side-by-side with office workers to help them become more productive employees.
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The five-day, 40-hour workweek goes as far back as 1926 when Henry Ford replaced his six-days-a-week work schedule with a five-day workweek, with no change in compensation. His motivation? He thought his workers would become more productive and use their extra time off spending their money.
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