Workplace culture

Certified financial therapy is riding the pandemic-induced convergence of financial wellness and mental health benefits.

Employers surveyed last month expect about half their staff will return on an average weekday by the end of January — most expect employees to spend fewer than four days a week in the office.

The return will take place over the next six months.

Hopes that the pandemic has been curbed have dimmed as infections and hospitalizations are on the rise again due to the introduction of the extremely dangerous Delta strain. For some companies, this has disrupted their plans to bring remote employees back to their offices or institute a “hybrid” arrangement. While some are going ahead with their reopening plans. Join Danielle Caricofe, EVP, Chief Human Resources Officer at Machias Saving Bank and Hollen Spatz, VP of People & Operations at ClassPass as they discuss: (1) What companies should consider as they weigh their options; (2) The impact on employee morale and mental well being from this prolonged pandemic and how organization improve morale and support mental well being; and (3) How should companies rethink employee experience

(Bloomberg Opinion) — More than 100,000 people who used to work or live in New York State have received notices from the tax department questioning them about their whereabouts last year and asking why they paid less to the state than they have in years past.

2020 was a challenging year for banks. The impact of COVID on the economy as well as changes to accounting for loan loss provisions were evident in weaker financial and stock price performance in 2020 for many banks and yet CEO compensation increased. Learn from experienced executive compensation consultants about the challenges Compensation Committees faced in 2020, why pay levels increased relative to 2019, what were common COVID-related compensation changes, and what changes were made for 2021 incentive plan design.

Industry veterans are hoping that COVID brings about lasting change, while welcoming the return of some ancient finance traditions.

Instead of leading your team with the mantra "Never let them see you sweat," consider a more honest, real approach.

The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem.

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.