It comes at no surprise that most businesses are shifting to on-demand workforce to optimize costs, survive and thrive in a post-COVID-19 world. Although a contingent workforce existed for many years, very few businesses relied primarily on independent contractors and freelancers. Contract roles were mostly available either to highly skilled management consultants and experts or to seasonal workers. [Read full article on Entrepreneur]
Andrew Frame launched Citizen in 2017, merging 911-dispatch data and your smartphone's GPS location to alert you about nearby dangers—fires, robberies, car crashes, assaults. Now he's betting Citizen's mobile technology, location capabilities and network of millions of users can warn you about possible Covid-19 exposure. "We're all at war. Right now, the only weapon we have is staying home," says Frame, 40, in an interview over Zoom. "The question is, are there better ones we can use in this war...
Working from home comes with its fair share of distractions and can be difficult to adjust to. With the current pandemic forcing millions of people to stay home, it may be even more difficult to look after your family while trying to manage your workload. However, a successful work-life integration is possible with a few tips. [Read full article on Forbes]
Messages on social media range from: "If you don't come out of this pandemic with a new skill, you don't lack time, you lack discipline" to "It's OK if you're not achieving peak productivity in the throes of a global pandemic! It's fine to just chill in your pyjamas." In these stressful times, how do you strike the right balance between taking care of your mental health and taking advantage of some downtime? [Read full article on Entrepreneur]
The coronavirus pandemic has left us all with a heap of uncertainty. Endless cancellations and postponements, from school classes, sports games and proms, to graduations and internships, have created a new world view where our hours, days and weeks look very little like they used to. What's more, it's difficult to plan anything when you don't know what tomorrow will bring. [Read full article on Wharton]
The COVID-19 pandemic ended a record 11-year bull run of the U.S. stock market. This, coupled with an oil price crash instigated by Saudi Arabia and Russia, has all the signs of an imminent global recession. Depending on who you trust with your forecasts, most experts are predicting a global contraction that can last anywhere between 6 months up to 2 years. [Read full article on Entrepreneur]
Though remote work has risen steadily in recent years, according to the Bureau of Labor Statistics, full-time work from home is still a surprisingly new concept for more than two-thirds of Americans. And managing a staff virtually calls for a modified mindset, perhaps more than many leaders understand or appreciate, especially during a global pandemic. [Read full article on Entrepreneur]
In the middle of the worst economic downturn since the Great Depression, Elon Musk has unlocked the first tranche of his massive $55 billion compensation package. [Read full article on Forbes]