Tuesday Digestif (24/2016): LinkedIn acquired for $26.2 billion all-cash πŸ’΅πŸ’

Tuesday Digestif: Weekly Perengo Newsletter on Labor Policy & HR Management

Hi everyone,

today:

  • Companies have troubles finding qualified talent
  • Microsoft acquires LinkedIn
  • Praise is an effective management tool

Cover Story – Less Hiring in the U.S.

Department of Labor said job openings rose to 5.8 million whilst hiring slipped to 5.1 million.

Main reason: they don’t find enough qualified candidates.

US job openings rise, yet employers cut back on filling them
US job openings rise, yet employers cut back on filling them

This Week’s Finest – LinkedIn and Salaries in SF

Microsoft Buys LinkedIn (URL) – Microsoft has acquired LinkedIn in a $26.2 billion all-cash deal.

Expect Microsoft products (especially their CRM) to have a deep integration with the LinkedIn professional graph.

Interactive Salary Chart for SF Bay Area (URL) – Bottomline: Salaries in Tech are very high.


Worth Reading – Acknowledge Good Work!

Insights from Former Yum Brands CEOΒ (URL) – Managing employees is easy:

  1. Recognize good work
  2. Reserve the highest praise only for excellent work
  3. Recognize bad performance, but not publicly

Secrets to Higher Output Without Higher Pay (URL) – Research in China showed that acknowledging good work led to higher work output in the control group.

Learning: be a nice manger and reap the benefits.


Please let us know what you liked, what you disliked and which topics you would love to see in the future.

Drop us a mail: hello@perengo.com

Have a great week,
Team Perengo

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