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Accepting a job below one's skill level can be severely penalizing when applying for future employment because of the perception that someone who does this is less committed or less competent, according to new research from a sociologist at The University of Texas at Austin.
New research released today shows that workers at a Fortune 500 company who participated in a pilot work flexibility program voiced higher levels of job satisfaction and reduced levels of burnout and psychological stress than employees within the same company who did not participate.
This is the first time a randomized controlled trial has been used to measure the effects of workplace flexibility in a U.S. firm.
New research suggests a significant number of national and international American banks hired new Chief Risk Officers to mitigate risk but may have actually helped lead the industry into widespread insolvency.
Starting in the 1990s, many major banks hired Chief Risk Officers (CROs) in a response to new laws and regulations put in place following financial meltdowns in the 1980s. In an effort to comply, banking officials elevated risk analysts to corner offices to show they were serious about tackling risk.