Work 

The future of work is a ‘work anywhere, live anywhere environment’ that’s all digital

By Tommy Flemm 1 year ago

Salesforce (CRM) CEO Marc Benioff said on Friday that employees will adopt to a future that’s increasingly digital, as the COVID-19 pandemic shifts the dynamic between companies and their workers.

As coronavirus lockdowns forced businesses and schools to rely on technology to replace in-person work and meetings, it accelerated already existing trends around the future of the workplace.

Weighing in on an increasingly hot topic, the billionaire tech chief — who disrupted the enterprise software space over two decades ago with Salesforce’s cloud-based enterprise software-as-a-service (Saas) — told Yahoo Finance that he’s been asked a lot lately about what the future of work looks like post-COVID-19. 

Benioff said that “we’re in this all-digital environment. Here we are, you know, using this technology to communicate and to do this interview,” he said in a wide-ranging interview.

“And that looks a lot like what the future of work is. It’s a work

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How a remote work boom will affect salaries, jobs, and where people live

By Tommy Flemm 1 year ago

For office workers who still have jobs during the coronavirus crisis, the Great WFH experiment of 2020 seems to be angling toward a success, albeit one with caveats.

Coronavirus won’t kill the office permanently. Eventually, when risks of gathering ebb to a trickle, some people, longing to wear something other than sweatpants, will be happy to work alongside their coworkers, resuming water cooler discussions and the occasional happy hour. 

But after being home on Zoom, Hangouts, Meet, FaceTime, Skype, and Slack, workers and companies alike are second-guessing the need to return. 

Already, companies like Twitter (TWTR) and Square (SQ), both founded and run by Jack Dorsey, have implemented a permanent work-from-home option. Facebook (FB) founder and CEO Mark Zuckerberg said that in the next decade, 50% of the company’s workforce might be remote, and that it would “localize” salaries to wherever its employees choose to be on Jan. 1

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Companies ‘haven’t done the work’ around diversity and inclusion: Bozoma Saint John

By Tommy Flemm 1 year ago

Speaking with Yahoo Finance, Bozoma Saint John, Chief Marketing Officer of the talent agency Endeavor, says that companies haven’t done enough work to apply the knowledge they’ve learned around diversity and inclusion.

“There are way too many white papers that have been written about why diversity and inclusion within our corporations makes sense,” she said. “I don’t think there is a CEO right now who has not heard of these white papers, or doesn’t at least superficially understand why it makes sense.”

“But we haven’t done the deeper work of actually applying it. And so right now, this very moment demands application. It demands more than just knowledge,” she added.

As George Floyd protests continue to roil the nation, companies have come out to show their support of the Black Lives Matter movement, often donating millions to racial equity initiatives. 

Nike (NKE) pledged $100 million to organizations that

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Biden’s age might work in his favor

By Tommy Flemm 1 year ago

President Trump frequently refers to his Democratic challenger as “Sleepy Joe” Biden, suggesting the former vice president is lethargic and confused. Informally, the Trump campaign claims the 77-year-old Biden is outright senile.

Biden’s verbal gaffes help feed this narrative, but Trump’s attacks on Biden’s age could backfire. Trump, 74 himself, has looked frail at times, such as when he struggled to lift a water glass to his mouth while giving the commencement address at West Point on June 13, and when he inched down a ramp after the speech. Trump recently belittled a 75-year-old protester in Buffalo who was injured by riot police, falsely claiming he was a violent anarchist, when in reality he’s a long-time peace activist. Slandering the elderly isn’t normally a shrewd vote-getting move.

Trump is also earning poor marks for his handling of a coronavirus crisis, which may concern seniors more than any

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millions of people won’t return to work because of COVID-19 pandemic

By Tommy Flemm 1 year ago

Enter Federal Reserve Chair Jerome Powell to toss some cold water on those giddy Wall Street bulls continuing to cheer the surprisingly upbeat May jobs report that sparked hopes for a V-shaped economic recovery after the worst of the COVID-19 pandemic.

Powell — speaking to reporters following the Fed’s latest decision on rates — said “millions” of people will not return to work for some time because of the aftershocks to businesses from the health scare. The Fed chief suggested the lack of jobs would be rooted in the reality that companies were unable to survive the pandemic or the role no longer exists in the new world order.

By extension, that would suggest a certain kind of structural unemployment that may continue to weigh on U.S. growth unless workers get re-trained for new jobs.

Federal Reserve Chair Jerome Powell pauses during a news conference, Tuesday, March 3, 2020, while

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