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Treat Your Remote Work as a Long Distance Relationship

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After completing a Zoom call with my boss I sat down in deep thought on my couch. I felt distant from my work and my colleagues who were so integral to my life were now beginning to become mere professional acquaintances. I wondered if things would ever get back to the way they were. My wife looking at me swimming in my dark pool of thought asked me what was bothering me. I told her about my insecurities about my job. She told me candidly that treat your job as a long distance relationship. What did she exactly mean? She elaborated:

Make use of technology

Even though technology can hardly replace real meets, it is still a powerful tool to connect with all your colleagues. Don’t stick to just professional calls, make your calls interesting with some personal touch. Tell your colleagues about some interesting events or incidents you’ve encountered recently. You can even, without getting too personal talk about your life with your family and kids. Don’t just say you had a great day, describe that awesome day. Details matter.

Show your commitment

Your commitment towards your company and colleagues is important at all times but even more crucial while you are working remotely. There is a massive scope for misunderstanding as there is no real time supervision. Your employer may misconstrue your situation, he/she may not understand why you took so long to deliver a particular task for example. You must be prompt to inform about what kept you busy or what are the issues you are facing on a regular basis. Furthermore, this is also a good opportunity to gauge your commitment towards your job. Is this job motivating enough to wake up day in day out and perform? Are you aligned with your company’s vision and vice versa?

Much of the workplace solutions lie in humanizing the workplace and setting rigid modes of thinking for our professional and personal.

Do stuff together even though you’re apart

You don’t have your coffee breaks anymore or your team outings and activities but still you can find some common free time and chat about things in an unprofessionally – just like you would do on a coffee break. You can even have play some online team building games, have fun quizzes, discuss movies, recommend the best restaurants in town…etc.

Fight off insecurities

It’s but natural that being apart from an office environment can bring in lots of insecurities. Insecurities make us do funny things. They make us think more, work harder to prove ourselves, communicate excessively. It’s important to feel secure in your relationship with your co-workers and your boss. There must be a constructive communication and connection that helps to develop an agreeable, confident relationship.

Stick to a Schedule

Don’t make yourself available to your teammates and bosses at all times. And also don’t go incognito for too long. Find a balance and make a schedule that’s convenient for all parties to meet. Communicate regularly but not too often and not without purpose.

Much of the workplace solutions lie in humanizing the workplace and setting rigid modes of thinking for our professional and personal. If we stopped looking at ourselves and the people we work with as tools to achieve a business goal but human beings in pursuit of wellbeing and happiness we would certainly have a more harmonious relationship.

WorkPod Minisode: Why it’s Hard To Implement Competitive Advantage

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Businesses lose too much time in planning and strategizing competitive advantage. Right from the top executive level to the ground workers there are strategies in place to generate value but the question is when and how.

In this video, Ram Charan, co-author of the bestselling Execution and Confronting Reality, talks to us about the implementation process of competitive strategies and the struggles leaders face in bringing in that change.

To watch the full podcast of Ram Charan on: https://work2.org/rethinking-competitive-advantage-with-ram-charan/

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WorkPod Minisode: Balance Between Resilience And Failure

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There’s a fine balance between being resilient and casting aside one’s pride and embracing failure. Failure may be terrible for individual entrepreneurs but perhaps beneficial for larger systems to have small failures and learn from it.

In this video, Thomas Eisenmann, author of the new book “Why Startups Fail” gives us an understanding of failure in the context of startups. He also provides some handy tips on how to detect early signs of failure and how to avoid them.

To watch the full podcast of Thomas Eisenmann on: https://work2.org/workpod-why-startup-fails-how-to-avoid-doing-it-right/

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WorkPod Minisode: Rapidfire Q&A with Sabrina Horn

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In this video, Sabrina Horn, author of “Make It, Don’t Fake It”, indulges with us on a quick Q&A session. She gives us some candid answers on various work related subjects.

To watch the full podcast of Sabrina Horn watch on: https://work2.org/workpod-sabrina-hornsabrinahorn-on-leading-with-authenticity-for-real-results/

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WorkPod Minisode: RapidFire With Melissa Ribeiro

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In this video, Melissa Riberio, a diversity champion, and leader, indulges us in a quick question and answer session on various topics related to work and the future of work.

To watch the full podcast of Melissa Ribeiro on: https://work2.org/workpod-leading-the-diversity/

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The American Dream Needs a Revisit

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If you’re seeking out for a new job or even a veteran in your industry it’s time reassess your career. The reason for this that the American dream which promised that hard work opportunity will lead you to enjoy a better life is slowly ending. According to science.org while 90% of people born in the 1940s achieved higher wages and standard of living than their parents, only 50% of millennials born in the 1980s experienced the same. Today the situation is such that no matter how hard you work you will not you will not be able to have the life or the wealth your parents enjoyed because there’s just not enough wealth going around.

But surely, US has prospered over the years and is still the richest country in the world. So you may wonder who are the beneficiaries of this? The short answer is the few high profile, high performing executives who’re of “high value” to companies. Between 1978 and 2020 wages of these executives have risen by 1,322% while in the same period the average employee wage has grown by only 18%. The middle class on t日本藤素 he backs of whom America stood is now breaking.

Although companies are attempting to bring in flatter organizations there isn’t enough time for these structural changes to take place. Employees must take it upon themselves to act before they’re completely dispensable to organizations. They need to look around for the latest trends and formulate their strategy based on their assessment of where the future of work is heading.

The BLS has put together a report of the lists of the fastest-growing jobs and careers along with how much they pay. Let’s look at the list and see what we can draw from this compelling read:

  • Wind turbine service technicians: $56,230
  • Nurse practitioners: $111,680
  • Solar photovoltaic installers: $46,470
  • Statisticians: $92,270
  • Physical therapist assistants: $59,770
  • Information security analysts: $103,590
  • Home health and personal care aides: $27,080
  • Medical and health services managers: $104,280
  • Data scientists and mathematical science occupations, all other: $98,230
  • Physician assistants: $115,390
  • Epidemiologists: $74,560
  • Logisticians: $76,270
  • Speech-language pathologists: $80,480
  • Animal trainers: $31,520
  • Computer numerically controlled tool programmers: $57,740
  • Genetic counselors: $85,700
  • Crematory operators and personal care and service workers, all other: $28,420
  • Operations research analysts: $86,200
  • Actuaries: $111,030
  • Health specialties teachers, postsecondary: $99,090
  • Forest fire inspectors and prevention specialists: $42,150
  • Interpreters and translators: $52,330
  • Athletic trainers: $49,860
  • Respiratory therapists: $62,810
  • Substance abuse, behavioral disorder, and mental health counselors: $47,660
  • Food preparation and serving related workers, all other: $27,080
  • Nursing instructors and teachers, postsecondary: $75,470
  • Woodworkers, all other: $33,630
  • Phlebotomists: $36,320
  • Software developers and software quality assurance analysts and testers: $110,140

From a quick over view of this report here are the sectors that hold bright prospects for the future: leisure and hospitality, healthcare and social assistance sector, Technological (hence Computer and mathematical occupations, statisticians, information security analysts and data scientists) and environmentally friendly initiatives.

Today the situation is such that no matter how hard you work you will not you will not be able to have the life or the wealth your parents enjoyed because there’s just not enough wealth going around.

One important point that needs to be highlighted in this report also is that employment in US is predicted to grow “153.5 million to 165.4 million over the 2020–30 decade, an increase of 11.9 million jobs.” So there isn’t going to be job starvation but who will be prepared to take up these jobs is the question still to be answered.

WorkPod Minisode: Success through coaches and mentors

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In the world of gig/flex and wfh world how do coaches and managers inspire employees in relationship development?

In this video, the author of Influencing Up, gives us some hacks to deal with some of the most obvious biases we witness in the workplace. The second half of the video attempts to define workplace conflict with tips to deal with it.

To watch the full podcast of David Bradford check us on: https://work2.org/workpod-secrets-to-building-exceptional-relationship-that-work

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WorkPod Minisode: Competitive Advantage: Misconceptions & Strategies

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Like in the case of any other economic theory there is no shortage of muddled up ideas about competitive advantage.

In this video, Ram Charan, co-author of the bestselling Execution and Confronting Reality, breaks some of the myths and misconceptions about competitive advantage. He also gives up a few tips on how businesses can remain competitive during crisis times.

To watch the full podcast of Ram Charan on: https://work2.org/rethinking-competitive-advantage-with-ram-charan/

STAY CONNECTED
Subscribe to see more videos like this:

Website: https://work2.org/category/workpod-minisode/

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Spotify: https://spoti.fi/2S3JFQ1

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Gravity Payments – A Case Study in Employee Retention and Employee Well-Being

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Attracting and retaining skilled employees continues to be a massive challenge for companies. They’re trying to make the employee experience better by monitory incentives, provide better work life balance, increasing engagement and changing its work culture but still productivity in the United States is growing by only 1% every year. So what really is the cure?

The reality is that every employee understands that these employee well being programs, bonuses and incentives are only bandages placed on a very deep wound. The wound of debts and the fight for survival in a world that is getting increasingly unaffordable. The few dollars that are being invested for the employees are paltry in comparison to the fat salaries of the executives. Today the salary of a CEO is 320 times higher than their typical workers. And this gap is only widening further. Companies lure you by showing you that posh corner office but the truth is that there is lack of leadership grooming within companies and it’s more likely that external hiring may take over internal promotion.

In such a state of affairs a maverick CEO of Gravity Payments named Dan Price did something that was unprecedented. In 2016 he decided to keep a minimum salary 70000$/year for every employee. This meant doubling salaries of most employees. Experts called this a crazy socialist move which was destined for failure. But it’s now been five years and the companies still alive and thriving. They have now tripled their workforce and all the employees are still getting a base salary of 70000$.

This idea came to him while he was talking to one of his friend who was struggling to pay his bills despite earning $40,000 annually. Dan then decided that 70000$ is the amount to live a comfortable life in Seattle. This decision came with a cost. He had to cut his own salary by 1.1 million dollars, mortgage his two houses and break his stock and savings.

The reality is that every employee understands that these employee well being programs, bonuses and incentives are only bandages placed on a very deep wound. The wound of debts and the fight for survival in a world that is getting increasingly unaffordable.

The outcome of this was that he had more loyal and dedicated workforce whose lives got better. They could not only pay their bills but live but thrive. More and more employees are having babies (60 of them) and the number of employees buying homes has gone up tenfold. In an interview with CBS News, Dan says “Our turnover rate was cut in half, so when you have employees staying twice as long, their knowledge of how to help our customers skyrocketed over time and that’s really what paid for the raise more so than my pay cut.”

During the pandemic Gravity Payments lost 55% of its business the staff volunteered to take a temporary paycut to ensure continuity of business. And now when business as bounced back, the employees have not only returned to their normal salaries but are being given back the money they had given up. The employees aware of the sacrifices their boss made for them have now chipped in and bought a new Tesla car as a sign of gratitude. Dan exclaims “My employees have done way more for me than I could ever do for them.”

According to Deloitte the cost of losing one employee can range from tens of thousands of dollars to 1.5-2X their annual salary. It’s true that increasing the salary isn’t going to solve the employee loyalty issue but certainly if they made a true attempt to understand and empathize with staff members the dangerous job hopping trend can be reversed.

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