Building trust is a key ingredient for any thriving workplace culture. While it’s encouraging to see a decrease of 8% since 2022, it’s concerning to hear that 25% of workers still lack trust in their employer.
Trust is a journey that can be achieved with the right mindset and effort. As a leader, you should understand what trust means, why it’s important, and how you can foster it to create a culture built on trust, respect, and success.
Late last week, the IRS published additional guidance modifying the COVID-19 coverage that high deductible health plans (HDHPs) can provide while maintaining their HSA-qualified status. This notice was provided in response to the end of the COVID-19 Public Health Emergency (PHE) and National Emergency Period.
Artificial Intelligence, or AI, has been painted in a negative light even before it exploded onto the scene in a big way with ChatGPT. One example is the movie Terminator 2: Judgment Day, where the AI known as Skynet has taken over the world and awoken killer machines to destroy humanity.
And recently, horror stories have been creeping up in the news.
One story involves the Writer’s Guild of America (WGA), a TV and movie screenwriter collective. They went on strike on May 2, 2023, which is still ongoing. Besides fair residuals from streaming content, one of the issues behind the strike is that writers want AI tools like ChatGPT to help only with research or brainstorming ideas, not to replace writers.
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The pandemic and the economic downturn that followed put many businesses in shaky situations and left people in uncertain situations that they may still be navigating to this day.
It’s not the first, or the last, time in history that business leaders navigated uncertainty. Businesses have been succeeding and failing since capitalism began. It’s a fact of life when you go into business, sometimes you win, and sometimes you lose.
