FEI Weekly

January 16, 2018

The top reason people switch jobs, and why you'll want to double check your paychecks next month.

The Top Reason People Switch Jobs

Inc.

Now that we're in a strong job market, you can expect workers to be moving and shaking and looking for the greener grass. But for what reasons exactly? As it turns out, more money or higher salaries didn't even crack the top three reasons. According to a Korn Ferry poll of nearly 5,000 professionals, the top reason people are looking for a new job in 2018? They're bored.

Check Your February Paycheck

CNN Money

About 90% of people will see more take-home pay, according to the U.S. Treasury. Unfortunately, you may end up with too much money in your paycheck -- meaning you'll either be stuck paying it back at tax time next year or get a smaller refund. There's also a possibility that too much will be withheld, and your paychecks will be smaller than they should be.

How Should We Measure Workplace Culture?

HR Drive

While some organizations measure change more formally than others, signs of a culture shift are often universal. Factors to consider include an intangible feeling from employees or customers, anecdotal stories gleaned through interviews, focus groups and surveys, turnover rates, time to fill positions, employee satisfaction ratings, external reputation (such as Glassdoor reviews), productivity, quality or safety, and quantity and quality of new ideas or products.

Tax Reform Gave "Huge Jolt of Confidence" to Country, Says Fiat Chrysler CEO

Fox Business

Fiat Chrysler Automobiles CEO Sergio Marchionne said the tax reform bill, which encouraged the automaker to hand out $2,000 bonuses to employees, is a boon to the U.S. The tax bill allowed the automaker to move forward with employee bonuses and an additional $1 billion investment in its Warren, Michigan, truck plant. The investment will create 2,500 new jobs that will support the expansion of production when the heavy-duty trucks arrive in 2020.

Books to Read in Davos

The Guardian

The World Economic Forum has released a list of books recommended by two Davos regulars who also happen to be proud bookworms: Bill Gates and Mark Zuckerberg. They both agree that Better Angels of Our Nature: Why Violence has Declined – an 800-page tome by Harvard psychologist Steven Pinker is a must-read. Gates, in a review posted on his own blog, said Pinker’s book was “one of the most important books I’ve read – not just this year, but ever”.