New York City and other high-income places come with housing costs that make it prohibitive for workers such as janitors to live there, according to a report from economists at the University of Chicago and Harvard University. A janitor in New York would, on average, pay more than half of his or her income in housing costs.
Municipal bus ridership and funding in the US has yet to recover from the Great Recession, hurting residents' mobility and affecting employers' ability to retain workers. "We have great people but their barrier to employment most of the time is their ability to get to work," says Stacy McCall, CEO of ServiceMaster by Stratos in Memphis, Tenn.
Voters in Kansas City, Mo., have approved an increase in the city's minimum wage, despite state legislation that bars local governments from enacting their own minimum wage rules. The approved proposal would increase minimum wage from $7.70 to $10 per hour beginning Aug. 24, but it will likely be nullified when the state rules take effect on Aug. 28.
A Kaiser Family Foundation study found that uncertainty surrounding the Affordable Care Act is leading insurers to pursue double-digit premium increases. Insurance companies are unsure about the ACA's future because of the Trump administration's actions and threats to take steps such as ending cost-sharing subsidies, according to the study.
Avoiding tough feedback can be harmful to employees and the company, writes Angela Sebaly. Truly being kind means telling people where they need improve -- and in a way that shows "respect and concern for the person on the receiving end," she writes.
It is a rule at cybersecurity startup Cloudflare to never grow by more than 100% in a yearlong span, said CEO Matthew Prince. "The culture can start to suffer because there's nothing foundational to keep you stable," he said.
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