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Subscribed 6 years, 9 months ago
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August 9, 2022
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<![endif]-->
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</td>
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</tbody>
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</td></tr></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="r-outlook -outlook pr-12-outlook pl-12-outlook hm-1-outlook -outlook" style="width:600px;" width="600" bgcolor="#fffffe"><tr><td style="line-height:0;font-size:0;mso-line-height-rule:exactly;">
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<span style="font-size: 32px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 36px;">
The
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monday.com
</a>
weekly
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monday.com
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’s take on the latest work trends - sent on Tuesdays
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<table align="center" border="0" cellpadding="0" cellspacing="0" class="r-outlook -outlook pr-12-outlook pl-12-outlook hd-1-outlook -outlook" style="width:600px;" width="600" bgcolor="#fffffe"><tr><td style="line-height:0;font-size:0;mso-line-height-rule:exactly;">
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The
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monday.com
</a>
weekly
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monday.com
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’s take on the latest work trends - sent on Tuesdays
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Inside this issue
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Workplace trends
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<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 400; color: #009aff; line-height: 23px; text-decoration: underline;">
</span>
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Join our fast growing
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LinkedIn
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Empowering your team members by making them feel heard
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Water cooler chatter
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<li style="margin: 0;">
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Question of the week
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Just for laughs
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</ul>
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<tbody>
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<td align="left" style="direction: ltr; font-size: 0; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; padding: 24px 50px 10px; border: none;">
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<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width="100%">
<tbody>
<tr>
<td style="border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; padding: 8px 8px 8px 0px; border: none;" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width="100%">
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Workplace trends
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<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 23px;">
Employment
</span>
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<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 26px;">
CEOs are also joining The Great Resignation
</span>
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<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
Since the start of 2022, over 500 CEOs have left their jobs, according to data from Challenger, Gray & Christmas. Furthermore, in a recent Deloitte study, an astonishing 70% of executives said they are seriously considering quitting due to their emotional well-being, and over 80% said that improving their mental health was more important than their career. At the start of the pandemic, CEOs were tasked with navigating the global health crisis then quickly pivoting to fighting the war for talent. Now, between skyrocketing inflation, plummeting stocks, supply chain disruptions, and talks of a looming recession, they’ve had to cut costs, enact hiring freezes, and downsize staff. All these challenges have brought many to their breaking points, leading a lot of executives to walk away.
</span>
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<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 23px;">
Job market
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 26px;">
The job market just got more confusing
</span>
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<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
In a matter of months, leaders have gone from hyper-growth mode to managing complete macroeconomic uncertainty. Companies that hired like crazy in the last two years to meet surging customer demand are now making sweeping cuts or imposing hiring freezes. While tech and finance employees are navigating headcount and cost reductions, workers in hospitality industries such as airlines, hotels, and eateries are confronting the very opposite, as these businesses rapidly pick up following Covid-induced closures. At this very point in time, tech and finance are preparing for the worst, retail is rocky, and travel can’t hire fast enough – but if we’ve learned anything, it’s that things could all change tomorrow.
</span>
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<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
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<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 23px;">
Economy
</span>
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<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 26px;">
Americans are racking up credit card debt
</span>
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<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
Last week’s data from the Federal Reserve Bank of New York revealed that American credit card balances grew 13% year over year, which marks the largest jump in 20 years. In Q2, US credit card balances increased by $46 billion from the previous quarter, and the total amount of outstanding credit card debt climbed to $890 billion. The reasoning? Experts suggest that a large part can be attributed to the fact that while average hourly earnings have risen 5.1% from a year ago, prices have been rising faster at 9.1% as of June, leading many consumers to rely on their credit cards just to get by.
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<span style="font-size: 24px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #000000; line-height: 30px;">
Empowering your team members by making them feel heard
</span>
</p>
<p style="display: block; margin: 16px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 400; font-style: italic; color: #878787; line-height: 19px;">
By
<a style="text-decoration: none; color: #878787; cursor: auto; white-space: nowrap;">
monday.com
</a>
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<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
Since the start of the pandemic, employees have been reevaluating what they need in order to feel fulfilled at work – and many are choosing to walk away altogether when those needs are not met. While pay, burnout, isolation, and unclear growth paths have been frequently cited as key causes of employee turnover in The Great Resignation, not feeling heard is a major cause that many organizations often tend to overlook.
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
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<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
Recent research has revealed that making employees feel seen and heard can profoundly impact their productivity, engagement, and turnover. In fact, highly engaged employees are more than three times as likely to say they feel heard at their workplace than highly disengaged employees, and 74% of employees report they are more effective at their job when they feel heard. Additionally, when you really listen to your team members, it can give you the perspectives and insights you need to improve your workflows, processes, and workplace culture.
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 26px;">
How can you make your employees feel heard?
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 26px;">
Acknowledge the feedback you receive
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
When employees come to you with ideas or insights, show them that you are listening and make it clear you value their opinions. Starting your response with, “first of all, thank you for sharing,” “I really appreciate you coming to me about this,” or “this is super helpful,” is a great way to set a tone in which employees can feel comfortable coming to you with their thoughts and perspectives in the future.
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 26px;">
Offer multiple communication channels
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
Not everyone communicates in the same way, which is why it’s important to offer a variety of ways for employees to share their thoughts and feedback. Some more outspoken employees may prefer brainstorming workshops or team strategizing sessions, while others may feel more comfortable sharing their input in an anonymous forum or in a one-on-one conversation. So, be sure to have multiple channels for employees to contribute their ideas, and take each approach seriously.
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 26px;">
Share the mic in group settings
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
Often in team syncs and meetings, certain voices tend to dominate the conversation and cause others to feel more hesitant to chime in. That’s why, as a leader, it’s important to be present and really read the room – keep an eye out for team members that seem like they have something to say but are lacking the confidence to speak up. If the call is remote, you can message them privately to check in, before giving them the stage, and if the meeting is in person, you can try making eye-contact to first gauge the situation. Those small efforts on your end can effectively convey to an employee that you see them and value their contributions.
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 26px;">
Create opportunities for visibility
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
As often as possible, give your team members the chance to shine! Share big presentation opportunities with your employees and call out specific contributions in larger settings to help convey to your team that their voices matter. Giving credit where credit is due is an essential way to encourage employees to speak up and share their thoughts and ideas going forward.
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 26px;">
Follow up with your team members
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
After an employee is open with you about their ideas or concerns, show them you are listening – circle back and update them on any conversations you’ve had or changes that have been made since you received their feedback. This is the best way to prove you really listened.
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #6c6cff; line-height: 26px;">
Recognize and reward great ideas
</span>
</p>
<p style="display: block; margin: 8px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 26px;">
When an employee makes a suggestion that produces real change or serves as the basis of a new strategy, honor their contributions. Whether it’s a monetary bonus or a formal acknowledgement from leadership, actively show them that you value their input and impact to effectively encourage them and others to keep sharing down the line.
</span>
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Water cooler chatter
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<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 24px;">
Tiger Woods turned down $700 - $800 million
</span>
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 24px;">
to join the LIV Golf series due to the insurgent league’s ties with the Saudis. Over the course of his career, the 15-time major winner earned about $121 million – roughly 15% of what LIV dangled in front of him.
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“The players who have chosen to go to LIV and to play there, I disagree with it. I think that what they’ve done is they’ve turned their back on what has allowed them to get to this position.”
</span>
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<p style="display: block; margin: 12px 0 0;">
<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 22px;">
- Tiger Woods,
</span>
<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 400; color: #333333; line-height: 22px;">
American professional golfer
</span>
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The new Batgirl movie, reportedly budgeted at $90M, has been scrapped
</span>
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #333333; line-height: 24px;">
by Warner Bros Discovery just months before its scheduled release. The New York Post claims Warner Bros. canceled it in order to avoid staining the DC brand after poor performance in recent test screenings, but the studio’s official reason is due to the strategic shift in leadership following its merger with Discovery and appointment of a new CEO earlier this year.
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<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 400; color: #6c6cff; line-height: 26px;">
“The decision to not release Batgirl reflects our leadership's strategic shift as it relates to the DC universe and HBO Max.”
</span>
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<p style="display: block; margin: 12px 0 0;">
<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #333333; line-height: 23px;">
- Spokesperson,
</span>
<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 400; color: #333333; line-height: 23px;">
Warner Bros
</span>
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Question of the week
</span>
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<![endif]-->
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<span style="font-size: 12px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #000000; line-height: 20px;">
Last week’s answer:
</span>
<span style="font-size: 14px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #000000; line-height: 23px;">
CFO, COO, Divisional CEO, and Management below the C-suite
</span>
</p>
<p style="display: block; margin: 5px 0 0;">
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #000000; line-height: 26px;">
This week
</span>
<span style="font-size: 16px; font-family: Roboto,Arial,sans-serif; font-weight: 300; color: #000000; line-height: 26px;">
: How much revenue did the top 500 global companies generate in 2021?
</span>
</p>
</div>
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</tbody>
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<tr>
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New York
</a>
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<p style="display: block; margin: 0;">
<span style="mso-line-height-rule: exactly; font-size: 11px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #323338; line-height: 16px;">
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<a style="text-decoration: none; color: #323338; cursor: auto; white-space: nowrap;">
34 W 14th St
</a>
</span>
</p>
<p style="display: block; margin: 0;">
<span style="mso-line-height-rule: exactly; font-size: 11px; font-family: Roboto,Arial,sans-serif; font-weight: 400; color: #323338; line-height: 16px;">
<a style="text-decoration: none; color: #323338; cursor: auto; white-space: nowrap;">
NY, NY, 10011, USA
</a>
</span>
</p>
</div>
</td>
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</tbody>
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</td><td style="vertical-align:top;width:0;">
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<tbody>
<tr>
<td align="center" class="x" style="font-size: 0; word-break: break-word; border-collapse: collapse; mso-table-lspace: 0pt; mso-table-rspace: 0pt; padding: 0;">
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<p align="center" style="display: block; margin: 0;">
<span style="mso-line-height-rule: exactly; font-size: 11px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #323338; line-height: 16px;">
<a style="text-decoration: none; color: #323338; cursor: auto; white-space: nowrap;">
Tel Aviv
</a>
</span>
</p>
<p style="display: block; margin: 0;">
<span style="mso-line-height-rule: exactly; font-size: 11px; font-family: Roboto,Arial,sans-serif; font-weight: 700; color: #323338; line-height: 16px;">
</span>
<span style="mso-line-height-rule: exactly; font-size: 11px; font-family: Roboto,Arial,sans-serif; font-weight: 400; color: #323338; line-height: 16px;">
<a style="text-decoration: none; color: #323338; cursor: auto; white-space: nowrap;">
6 Yitzhak Sadeh St
</a>
</span>
</p>
<p style="display: block; margin: 0;">
<span style="mso-line-height-rule: exactly; font-size: 11px; font-family: Roboto,Arial,sans-serif; font-weight: 400; color: #323338; line-height: 16px;">
<a style="text-decoration: none; color: #323338; cursor: auto; white-space: nowrap;">
Tel Aviv
</a>
, 6777506, Israel
</span>
</p>
</div>
</td>
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</tbody>
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</div>
<!--[if mso | IE]>
</td></tr></table>
<![endif]-->
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<![endif]-->
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</div>
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</td></tr></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="r-outlook -outlook pr-16-outlook pl-16-outlook -outlook" style="width:564px;" width="564" bgcolor="#F5F6FA"><tr><td style="line-height:0;font-size:0;mso-line-height-rule:exactly;">
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</td></tr></table>
<![endif]-->
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</tbody>
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<![endif]-->
</td>
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</tbody>
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</div>
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</td></tr></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="r-outlook -outlook pr-16-outlook pl-16-outlook -outlook" style="width:564px;" width="564" bgcolor="#F5F6FA"><tr><td style="line-height:0;font-size:0;mso-line-height-rule:exactly;">
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3 years, 2 months ago - team@learn.mail.monday.com
Empowering your team members by making them feel heard
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