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Are Career Interruptions As Harmful For Senior Employees As For Junior Ones?

The Horizons Tracker

New research from UC Berkeley, Haas School of Business explores the resilience of bank employees in the wake of the Lehman Brothers bankruptcy. The study analyzes the fortunes of 14,536 employees at the bank as of January 2008, including their education, skills, and demographics. Uneven split. Avoiding the blame.

Career 123
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StrategyDriven Editorial Perspective – Panic of 1907 vs Great Recession of 2008

Strategy Driven

He went on to describe the similarities between the banking crisis of 1907 – the one that inspired the formation of the Federal Reserve – and the more recent 2008 financial crisis. As the underwriting weaknesses of subprime portfolios became known, banks stopped lending to each other, paralyzing credit markets.

Banking 50
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What Jeff Bezos’ Sell-Off Indicates About the US Stock Market

Strategy Driven

The global financial crisis of 2008 may appear to be a century-old event for many millennials, even though it’s hardly been a decade since the US economy started getting back on track. But just like every market cycle, the economy recovered and so did the stock market.

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Trust

Lead on Purpose

He discusses the concept of building a trust account, which is similar to a bank account. Trust is key to understanding your customers and your market. This focus has come primarily from reading The Speed of Trust by Stephen M.R. The ‘balance’ in the account reflects the amount of trust you have at any given time. .

Covey 265
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Employers to Offer Record Pay Rises in 2023

HR Digest

A tight labor market is set to benefit employees in 2023. While most companies give a 3% raise on employee salaries , they are putting aside budgets to give a raise of 4.1%, a record high since the Great Recession of 2008. Pay rises amidst a tight labor market. What is the average salary increase for 2022? If implemented, the 4.1%

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Shut-up & Listen | N2Growth Blog

N2Growth Blog

Hundreds of thousands of jobs are being shed by GE, Chevron, Sam’s Club, Wells Fargo Bank, HP, Starbucks etc. Jettisoned employees are finding that their hard won knowledge, skills and capabilities earned while being loyal are no longer valuable in the employment market place. and the state, counties and cities.

Blog 419
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The True State Of “Zombie” Firms

The Horizons Tracker

As the financial crisis 0f 2008 ripped across the world, governments and central banks enacted numerous policies to try and limit the damage. New research from the Bank of Finland suggests not. Are these accusations justified, however?