The Real Reason the German Labor Market Is Booming

Considering how Germany anchors a European continent plagued by high unemployment and slow growth, its labor market is on fire. The number of unemployed has been halved over the past decade. With just 2.6 million people out of work, the German unemployment rate has declined to 5.9%. The country’s exports reached nearly $1.3 trillion in 2016. That’s roughly, and remarkably,… Continue reading

We Know Female CEOs Get Paid More, But We Don’t Know Why

Last spring Equilar, an executive compensation firm, released a headline-grabbing study on gender and CEO pay. In a survey of 341 S&P 500 companies, it found that the 17 female chief executives in the group made nearly $8 million more on average than their 324 male counterparts. Some in the media responded with shock and excitement (Fortune called it, for… Continue reading

How to Keep Your Team Focused and Productive During Uncertain Times

Uncertainty is uncomfortable for everyone. Whether it’s political turmoil or a reorganization at your company, employees who are concerned about their future are likely to be distracted and unproductive. What should a manager do? How can you keep people focused while also helping them cope with the feelings that change and ambiguity bring up? What the Experts Say Most of… Continue reading

6 Companies Reveal How Their Unique Cultures Make Them a Success

Every business is different — from how they are run, who they hire and what their products or services are. Inevitably, this means each culture is not only unique, but requires something special to make the company a success. For instance, personal finance website The Penny Hoarder believes its success comes from a transparent culture. Whereas, HR company Gusto, thinks… Continue reading

9 Phrases Smart People Never Use In Conversation

We’ve all said things that people interpreted much differently than we thought they would. These seemingly benign comments lead to the awful feeling that only comes when you’ve planted your foot firmly into your mouth. Verbal slip-ups often occur because we say things without knowledge of the subtle implications they carry. Understanding these implications requires social awareness — the ability… Continue reading