Top News
Happy Holidays!
NBMBAA wishes everyone a wonderful holiday season. Netwire is taking a hiatus and will return to your inboxes the first week of January.
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Career
Even when jobs aren’t scarce, you might find yourself pining for a position that is more hands-on and less middle management. When you’re submitting a resume, however, hiring managers might get the wrong idea of you "taking a step back" for the open position. But, you can still make your case and land that job, with a few simple techniques. (Money)
Visit http://time.com/money/4154045/overqualified-get-hired/ to view the full article online.
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Diversity in the Workplace
International
Hundreds of guests poured into the Pinefield Schools auditorium in Lagos for the second annual West African Gaming Expo, a showcase for software created in the region and hardware built elsewhere. Adedoyin Ogundoyin, the founder of local online gaming marketplace AfricGames.com, says he organized the expo on a budget of $5,000 to demonstrate to sponsors—including Google, local bank GTBank, and the U.K.’s Bournemouth University—that the region’s developers deserve more investment. (Bloomberg)
Visit http://www.bloomberg.com/news/photo-essays/2015-12-10/african-game-developers-gather-in-nigeria to view the full article online.
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David Cameron has said there is a "a pathway to a deal" on new terms for Britain's membership of the EU after talks with other leaders. The prime minister set out his reform demands, which include controversial plans to curb access to benefits for migrants, at a dinner in Brussels. He said "good progress" has been made but it would be "hard work" to get a deal by his February deadline. (BBC News)
Visit http://www.bbc.com/news/uk-politics-35128648 to view the full article online.
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Education
CommonBond is joining a small (about 3% of private sector businesses, according to the Society for Human Resource Management) but growing number of companies that are starting to implement this benefit. Klein chalks it up to employers staying ahead of a shift in preferences among millennials, who now make up one-third of the U.S. workforce and are carrying a load of debt. (The Atlantic)
Visit http://www.fastcompany.com/3054749/the-future-of-work/is-student-loan-repayment-the-new-401k to view the full article online.
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Often the only way to justify spending tens of thousands of dollars on business school is the promise of a high starting salary post graduation. We took a look at our list of the 50 best business schools in the world and re-evaluated them on a ratio of starting salary to tuition to determine which schools give you the best bang for your buck. (Inc.)
Visit http://www.inc.com/business-insider/the-24-best-business-schools-for-your-money.html to view the full article online.
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NBMBAA
As you finalized your year-end giving, consider supporting NBMBAA's LOT® Endowment Fund, a campaign that aims to improve scholastic opportunities through funding for Black youth between the ages of 15-18, through charitable support from the NBMBAA’s members, along with its corporate partners, friends and advocates. Help us to foster financial and educational assistance for Black students across the nation through undergraduate scholarships, with the goal of sending them to college at no or reduced cost.
Visit http://www.nbmbaa.org/donations to view the full article online.
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Entrepreneurship
Nearly a quarter, 23 percent, of Americans worked from home in 2014, according to a recent Bureau of Labor Statistics survey. If you’re one of the lucky few that enjoys the ability to work from anywhere you like, the following tools will help keep you productive – no matter where you are.
Visit http://www.entrepreneur.com/article/249589 to view the full article online.
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The Economy
Rapid inflation, meager growth and a debt default have plagued Argentina for years. But its new president, Mauricio Macri, has surprised many with the blinding pace of change he has undertaken in Argentina – a country unaccustomed to economic reform. Macri promised to reboot Argentina's economy, if elected. And since he took office on December 10, he's following through. (CNN/Money)
Visit http://money.cnn.com/2015/12/18/news/economy/argentina-how-to-fix-an-economy/index.html?iid=hp-stack-dom to view the full article online.
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Personal Finance
With a new year comes a fresh opportunity to get your finances in order. And thanks to Wall Street's wild ride in 2015, more Americans plan to make financial resolutions, according to a recent Fidelity survey. While the top two resolutions of "save more" and "spend less" seem pretty straight forward, they're easier said than done. (CNN/Money)
Visit http://money.cnn.com/2015/12/17/pf/new-year-financial-resolutions-2016/index.html to view the full article online.
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Corporate America
Is your social venture losing its homegrown talent – often to other social ventures? In the past two years, only 30% of open C-suite positions in the nonprofit sector were filled by an internal candidate (the rate at for-profits is 60% of positions). And almost half their replacements came from other nonprofits. (Harvard Business Review)
Visit https://hbr.org/2015/12/nonprofits-cant-keep-ignoring-talent-development to view the full article online.
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Leadership
The most forward-looking companies are willing to take risks to achieve greatness. Most leaders give lip service to this idea, but few actually do it. We have worked with banks willing to take on toxic assets (again) and hedge funds willing to take a $100 million gamble on a failing company. But their leaders would still be terrified to ask their employees to stop working for two minutes a day to watch their breath go in and out. (Harvard Business Review)
Visit https://hbr.org/2015/12/the-busier-you-are-the-more-you-need-mindfulness to view the full article online.
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Lifestyle
The holidays are a time when we set aside demanding schedules to come together as families. For some far-flung families, it’s one of the few times that everyone comes together in a single place. As a financial planner, I encourage my clients to add a new tradition while everyone’s in town: a family financial meeting. (Money)
Visit http://time.com/money/4153450/family-meeting-money-financial-fighting/?xid=homepage to view the full article online.
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