June 12, 2022
Image: Christopher T. Fong/Protocol
Welcome back to our Workplace newsletter. Today: a look inside the premium benefit more employees are being offered at work, what’s happening over at Coinbase and the latest findings on the four-day workweek.
We’re back! And today, we’re taking a deep dive into one of the hottest corporate benefits on the market at the moment: executive coaching. Except it’s no longer just about the executives. More companies are providing access to coaching as a benefit at every level of the organization.
Leaders know that in order to stay competitive in today’s still-hot job market, it pays to offer more personalized and exclusive perks. That being said, career and personal development companies everywhere are seeing a windfall. Tech companies ranging from Meta to Zendesk have deployed coaching services to swaths of employees.
What can you expect to get out of offering coaching to your employees?
After learning all of this, I wanted to find out for myself what employees can expect from these cushy new services and benefits hitting the market. A couple of weeks ago I did a trial with Skye, a coaching marketplace with a majority female user and coaching base.
Coinbase employees took a big swing last week and launched a now-deleted petition to remove three top leaders at the company over actions "that have led to questionable results." The petition, titled "Operation Revive COIN,” was first published on Mirror.xyz and called for Chief Operating Officer Emilie Choi, Chief Product Officer Surojit Chatterjee and Chief People Officer LJ Brock to be fired. The list of complaints spanned a number of failed plans and controversial decisions at Coinbase, ranging from its struggling NFT marketplace to the decision to rescind job offers.
CEO Brian Armstrong responded to the petition in a series of tweets, reprimanding those who publicly shared the petition and calling the demands "really dumb on multiple levels.”
"There is probably lots we can be doing better, but if you're at a place where you want to leak stuff externally then it's time for you to go. You're hurting yourself and those around you," he said.
Full-stack observability with business context enables companies to digest IT performance to easily identify where they can prioritize performance and tackle issues that strategically impact their bottom line. This correlation of technology and business data allows IT leaders to make smarter, strategic decisions based on actual business impact.
Workers want a four-day workweek, claiming that they’ll be more productive if they get one. This is according to 400 workers who use Ladders, a career site that focuses solely on jobs that pay over $100,000.
Notion just acquired the calendar app Cron, officially launching itself into the hot space of digital calendaring.
Elon Musk is far from alone in his opinion about the need to return to offices.
FTC Chair Lina Khan said companies need to think more about how their mergers and acquisitions affect working conditions.
Salesforce’s employees are divided on the company’s work with law enforcement.
Organizations that have already started the move to a full-stack observability approach are seeing results and clear return on investment (ROI). In the AppDynamics research, 86% of technologists reported greater visibility across their IT stack over the last 12 months when implementing full-stack
A roundup of workplace news from the farthest corners of the internet.
This company claims to be “extremely recession-proof,” but also just laid off 10% of its workforce.
Related: Is a 10% reduction of staff really a layoff? This VC says no. The workers that don’t work there anymore might think differently.
RTO isn’t working.
Dog beds for the workplace, but for workers to nap in.
Thoughts, questions, tips? Send them to firstname.lastname@example.org. Have a great day, see you Tuesday.