Author: KnowledgeHippo

Earlier this year, Uber hired its first chief diversity officer, following a series of sexual harassment allegations and other public relations crises for the brand. Last month, after a year plagued by controversy, the NFL posted a job opening for a chief diversity and inclusion officer. Diversity officers also appear in many other high-profile companies. Titles may vary — “diversity and inclusion director,” “equality director,” or “diversity, inclusion and engagement officer” — but more organizations are realizing that this is something that matters to their employees. It’s even worth a whole post (or sometimes, even its own section). According to…

Forty years ago, business leaders couldn’t imagine entire career paths in diversity management, let alone schools offering diversity and inclusion majors. But now, diversity chiefs at Facebook, Google and other high-profile companies are taking a deeper look at how companies hire, promote and welcome employees from all backgrounds. The business world is finally paying attention — and so are aspiring leaders. But what does it take to succeed in this growing field? Know the psychology “I definitely didn’t grow up thinking, ‘I’m going to be the head of diversity at a company somewhere,'” says Candice Morgan, head of inclusion and…

Ryanair has introduced restrictive new rules on luggage that risk upsetting passengers. The budget airline said customers will only be able to bring one small piece of luggage into the cabin from November. The bag should be small enough to fit under a seat. Passengers will have to pay to bring extra baggage into the cabin or stow it. Up to 95 customers per flight can pay £6 ($7.70) when they book for priority boarding and the ability to bring a 10kg (22lb) bag in the cabin. Another option is to pay £8 ($10.30) to check a 10kg bag. Ryanair…

Editor’s note: This story was originally published on September 6, 2018. Sometimes a new job turns out not to be the dream job you thought it was. But you can’t always afford to walk away from a paycheck. Unless the company pays you to leave. Some companies facilitate parting ways, paying disgruntled employees to bow out gracefully. Executive Brief Zappos offers new employees a month’s salary to leave within three months of their start dateAmazon offers some workers up to $5,000 once a year to leave At online retailer Zappos, new hires are offered a month’s salary to leave within…

In Europe, gender quotas are old news. In 2003, Norway became the first country in the world to introduce a gender quota for boards of directors, requiring listed companies to add female members to make up at least 40% of total board representation. Other countries, such as Belgium, France and Italy, followed suit. But in the United States, companies are reluctant to enact gender and diversity requirements for inclusion, even as representation numbers continue to lag. Margarethe Wiersema, a professor of management at the University of California-Irvine, says the reason behind the hesitation is very simple: Americans don’t like being…

It’s been months since celebrities first wore Time’s Up pins on the red carpet, but the advocacy organization hasn’t stopped fighting for women facing harassment. On Sunday, Ronan Farrow published another bombshell investigation in The New Yorker. In its latest story, six young women accused CBS CEO Leslie Moonves of sexual misconduct. Moonves, one of America’s highest-paid CEOs, resigned hours later — but in hopes of a final payout from his former employer. “A couple of days ago, they were still talking about letting him go with a very generous severance package, up in the neighborhood of $100 million,” Farrow…

How can I benefit from investing in real estate without becoming an owner? Real estate remains a strong investment, even with slowing prices. But owning property can be a hassle. A huge amount of capital is tied up in a handful of properties. And you have to deal with the logistics of maintaining and managing that home, office or apartment. Investing in real estate is a great way to diversify a portfolio, says Jeff Rose, a certified financial planner based in Nashville. “But you’ll only want to have 5% of your portfolio in real estate,” he says. “Up to 10%,…

If you’re looking forward to retirement, you’re not alone. Countless workers dream of leaving their jobs behind and enjoying the freedom of unstructured days. But before you pull the trigger on retirement, be sure to tackle the following moves so you don’t regret your decision later. 1. Assess your personal savings Hopefully, you spent a good portion of your working years saving money in an IRA or 401(k). If you’re thinking about retirement, now is the time to evaluate your balance and see what it really means in terms of usable everyday cash. It’s easy enough to look at, say,…

Recent graduates still desire jobs on Wall Street or at well-known consulting firms. But high tech companies is also on their short list of potential employers. Amazon, for example, has grown in popularity among business and engineering students, according to a new survey from Universum, a research and consulting firm. The online retail giant was ranked 13th on this year’s list of the most desirable employers for business students, up from number 26 last year. It also raised its profile among engineering students, rising to 10th place from number 13 last year. “Amazon is climbing the list like crazy,” says…

How can I get protection from bot risks? Robo-advisors have remade the investment landscape: they’re simple, low-cost, and passive investing almost always outperforms active investing over the long term. For most people, the “set-and-forget” mode of passive investing will produce better results than trying to manage your own portfolio — or not investing at all. But while robo-advisors can do well with rules based on modern portfolio theory during a bull market, their algorithms falter during a correction, a bear market, a period of high inflation or greater than usual volatility they may be more demanding. “Because robo-advisors have a…