Weight-loss drugs are becoming a popular employee perk, with almost a third of workers saying they’d switch jobs to get GLP-1 coverage. Now, Bank of America is spending $250 million or more yearly on the drugs for its staffers—and CEO Brian Moynihan says the upsides are well-worth the eye-watering cost. “What we see is a
You’re not imagining it. Getting a job right now really is harder than it used to be. That’s because Greenhouse CEO Daniel Chait has crunched the numbers on the job market, and they’re brutal: for every 10 open roles on his hiring platform alone, there are 2,539 applicants fighting over them. His advice for standing
Employees have long been sold the idea that working hard and outperforming their peers would lead to sizable pay hikes and title upgrades. But now, some companies are ditching merit-based wage bumps in favor of “peanut butter raises”—and it’s hurting employee morale. Around 36% of U.S. companies say they gave out standard, across-the-board pay increases
Good morning! Ruth Umoh, C-suite and leadership editor, filling in for Kristin Stoller. She’ll be back in your inboxes next week. A new survey of thousands of HR practitioners conducted by HR Certification Institute reveals a profession at a crossroads. The data points to a lack of clarity around career progression and a growing willingness
