Tue.Apr 02, 2024

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WeWork Grapples with $122M Loss, Lease Rejections, and Ex-CEO’s Acquisition Offer

Allwork

In a recent court filing, WeWork disclosed February 2024 financial statements revealing a $122 million monthly loss. As part of the company’s restructuring efforts, WeWork has been actively managing its real estate portfolio — renegotiating terms and, in many cases, rejecting leases within major markets around the world. According to a report published by BisNow , the company recently downsized four locations while revealing plans to reject a lease in Salt Lake City.

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Transforming wasteful meetings into productive ones

Practically Perfect PA

Transforming wasteful meetings into productive ones We all know that meetings are an essential way for teams to collaborate, share ideas, make decisions and progress projects. But we also know that many of those meetings are poorly run and unproductive and, of course, from an Assistant's point [.

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HR Executives Unveil The New Rhythm Of Hybrid Work Choreography

Allwork

The hybrid model provides employees with unprecedented flexibility, empowering them with choice and liberating them from geographical constraints, which has positive implications for work-life balance, talent acquisition, and personal growth. The hybrid workplace is a catalyst for reducing burnout and fostering creativity; transitioning from a presence-centric to a performance-centric culture nurtures trust.

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Virtual meetings can boost wellbeing and performance

Workplace Insight

Virtual meetings – often derided as impersonal and prone to technical glitches – can improve employee wellbeing and performance, a new study led by a Trinity Business School researcher has found. The research, conducted alongside Karin S. Moser (UniDistance Suisse, University of Queensland), Stefan Diestel (University of Wuppertal) and Isaac Alshaikh (South East Technological University Waterford), conducted during the ongoing shift to hybrid work environments and just published in the Journal o

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Investors Show Growing Interest in Minority-Owned Businesses and AI Companies in 2023

Allwork

U.S. Census Bureau data reveals a major spike in entrepreneurs filing applications for new businesses in 2023. According to Gusto’s 2024 New Business Formation Report , women and minorities have been at the forefront of this entrepreneurial boom — despite facing challenges in accessing funding. Surveying 1,300 business owners who launched companies in 2023, Gusto’s data reveals women accounted for nearly half (49%) of all new business owners in 2023, which is a significant increase from jus

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All you need to know about the changes in employment law from 6 April 2024

Workplace Insight

There are a number of employment law changes coming into effect on 6 April 2024 that will impact SMEs the most. These modifications to employment law will profoundly influence the daily functions of businesses, especially during a period when SMEs face substantial economic challenges. It is essential for managers to revise their policies, engage with employees, and adapt their procedures in alignment with the updated regulations prior to their implementation.

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Nine in ten employers of knowledge workers offer hybrid working. Nearly all would like them in the office more

Workplace Insight

Around 91 percent of companies with a workforce that can work from home currently offer some form of hybrid working, according to a new poll of 500 HR professionals from Towergate Health & Protection. On average 39 percent of the workforce are hybrid working and 27 percent of employers have more than half their workforce hybrid working. The poll also suggests that 30 percent of employees work from home for at least three days a week.

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