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Is staying at the same job for years on end a sign of loyalty or laziness? ForbesWomen contributor Amy Shoenthal asks this question in her latest piece for the site, and I’ll confess to a particular interest in the answer (in part because of the ongoing debate around job-hopping; in part because my own round-number workiversary is just around the corner).
Shoenthal’s sources provided her with a variety of opinions on the matter, with some noting that long tenures could make people “a little bit one-dimensional” or create the risk of what one source called “Last Name Syndrome,” which occurs when we make our company part of our identities. Yet others defended workers’ decision to stay put, noting that growing your skills—whether at your current company or elsewhere—is more important than the years marked on your resume.
It’s also important to not let safety and security lull you into complacency. “Feeling safe isn’t necessarily a good thing,” said Luminary founder Cate Luzio, who left a 20-year banking career to launch a global education and networking platform for professionals. “Always be cautiously paranoid, especially if you’ve been there a while. You need to make sure you don’t have blinders on.”
Cheers!
Maggie
Featured Forbes Profile: This Psychologist Got Rich Selling Her Chain Of Autism Treatment Centers. Now She’s Trying To Buy It Back.
“It is my baby, I can’t let it die,” says Doreen Granpeesheh of the Center for Autism and Related Disorders, the autism therapy company she founded at age 27. (Photo by David Livingston/Getty Images)
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Doreen Granpeesheh built the Center for Autism and Related Disorders into a national chain and sold it to private equity firm Blackstone in a $600 million deal. Now, in an unexpected twist, she is trying to buy the bankrupt company for a much smaller sum. “[I]f I was to make the decision again today, I would probably not have sold CARD,” says Granpeesheh, 60, who was the company’s sole owner until a year before the transaction, CEO until 2019 and on the board until summer 2022. “I have no other motivation but to try to help CARD succeed.”
ICYMI: News Of The Week
Wimbledon is allowing female tennis players to wear dark undershorts for the first time ever. Pictured here: Elena Rybakina of Kazakhstan during day two of this year’s match. (Photo by Clive Brunskill/Getty Images)
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Female tennis players at Wimbledon are now permitted to wear dark undershorts as long as they don’t show beneath their white skirts. The new rule was intended to reduce period anxiety for female competitors, but it has also started a welcome dialogue on worry surrounding menstrual mishaps.
Claudine Ying and Mimi Lau, partners of Hong Kong-based CGV Ventures, spoke to Forbes Asia about the future of their firm and why investing in the future of food security means funding ideas in fermented oil, AI weeding technology, and beyond. Here’s where they see the biggest value opportunities.
The Walt Disney Company owes female workers more than $150 million in wages, according to motions filed last week in a California lawsuit. The complaint alleges that women employed by the entertainment giant were short-changed due to Disney’s practice of asking new hires about their pay history.
A recent analysis of hunter-gatherer societies is calling into question one of the oldest stereotypes about the roles of men and women, finding that female members of many of the world’s remaining foraging societies are just as involved in hunting as men, despite long-held perceptions that men hunted and women gathered. The study painted this perception as the building block for more modern stereotypes about women being more nurturing and focused on children.
The Checklist
1. Manage the “intangibles.” Intangibles at work include things like employee welfare, learning opportunities, and innovation—and staying on top of these categories, rather than pure hours worked, can make your team happier and more effective.
2. Boost your podcast audience. Approximately 144 million people in the U.S. listen to a podcast every month, yet only 50% of podcasts get more than 31 downloads. Here are the tricks for ensuring your show ends up on the better side of that 50%.
3. Prepare for the end of the federal student loan pause. Thirty-seven million student loan borrowers will be required to resume their monthly payments in October, more than three years after the federal government paused them due to Covid-19. If you count yourself among this group, here are four tips for navigating the new repayment normal.
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