- 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.
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 CEO (URL) – Managing employees is easy:
- Recognize good work
- Reserve the highest praise only for excellent work
- 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.
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