-
Dec 11, 2024 | 
kornferry.com | Mark Royal |Val Olson
They’re baaaack. Office-holiday-party season is in full swing, and firms are celebrating in all kinds of ways. From small team gatherings to large catered blowouts to Zoom cocktails, leaders are experimenting with different formats and settings this year.
-
Oct 23, 2024 | 
kornferry.com | Val Olson
It’s easier than ever to apply for a job. It’s also harder than ever to land one. That’s the conundrum facing job seekers in the current labor market—and it’s getting frustrating. Thanks to artificial intelligence, job seekers can tailor résumés and cover letters to specific roles and apply with a few keystrokes. On the receiving end, that same AI can scan a candidate’s application and determine if it’s a fit or not in milliseconds.
-
Sep 25, 2024 | 
kornferry.com | Val Olson |Frances Weir
In a time of general professional anxieties—like right now—it’s great to know what your professional superpower is. Experts say a work superpower isn’t simply about the ability to do something really well: rather, it involves a combination of talent, experience, and, importantly, self-awareness. According to recent research, people who know their top strengths are six times as likely to say their job offers them the chance to do what they do best every day.
-
Sep 11, 2024 | 
kornferry.com | Mark Royal |Val Olson |Maria amato
Envy. Sadness. Occasionally, relief. When a colleague leaves, there’s a host of emotions coworkers could experience. But these days, there’s a good chance those remaining will experience one thing: extra work. A coworker might leave, but the deals they were negotiating, the spreadsheets they were compiling, and their other tasks don’t just fade away. And these days, organizations are increasingly relying on the colleagues who remain to pick up the slack.
-
Aug 21, 2024 | 
kornferry.com | Mark Royal |Frances Weir |Val Olson
As companies begin tightening their belts, more employees are bracing for potential layoffs. Indeed, seven in 10 workers say they are preparing for this possibility, according to a new survey. Their fears are fueled by recent data on rising unemployment—which has hit a new three-year high. Meanwhile, at least 132,000 employees have been laid off at 400 tech companies this year, according to a layoff tracker.
-
Jun 18, 2024 | 
kornferry.com | Val Olson |Tiffinee Swanson |Frances Weir
The number of job openings is declining. Layoffs are always lurking. Corporate leaders are pushing a mantra of doing more with less. All of which means one thing for workers: more work. Across industries, the demands on workers continue to grow while the support offered to them stays the same. Three years after the pandemic, burnout levels remain elevated among workers in industries like financial services, insurance, construction, professional services, telecommunications, and others.
-
Jun 5, 2024 | 
kornferry.com | Val Olson |Frances Weir
It was supposed to be a formality. Every year the client’s contract with the firm came up for renewal, and every year they signed a new one. It was so automatic that the revenue from the deal was already figured into your sales goals. So when the client decided not to renew and left for a competitor, it came as a shock—both to you and your manager.
-
May 29, 2024 | 
kornferry.com | Mark Royal |Val Olson
If Memorial Day kicked off (unofficially, at least) the start of summer, then it also commenced the season when thinking about beach vacations and cookouts starts impinging on the work of many entry-level employees, corporate bosses, and the workers in between. According to a 2023 Korn Ferry survey, 46% of professionals said that the quality of their work slumps in the summer. That drop in focus can be a drag—not only on an company’s productivity, but also on an employee’s career.
-
May 6, 2024 | 
kornferry.com | Val Olson
It’s tough out there: Many top performers have put in the time and the work all year—and still haven’t been promoted. According to the Society of Human Resources Management, the the average promotion rate for organizations is only 6%. And the spike in firms’ use of AI tools has made many people worry about both short- and long-term job security. But experts say there are ways to beat the odds and increase your value, mostly by becoming irreplaceable in your current job.
-
Nov 15, 2023 | 
kornferry.com | Val Olson
Hiring is cooling. Layoffs are always lurking. Corporate leaders are pushing a mantra of doing more with less. All of which means one thing for workers: more work. Across industries, the demands on workers continue to grow while the support offered to them stays the same. Three years after the pandemic, burnout levels remain elevated among workers in industries like financial services, insurance, construction, professional services, telecommunications, and others.
