In a time where employees are largely working from home and teams are physically separated, those of you in leadership positions will be facing extra challenges.
A recent survey conducted by the ABS found that one in ten Australians have felt depressed during the corona shutdown (with women being particularly vulnerable) and a further four out of ten feeling restless or fidgety, while studies have shown that between 25 per cent to 33 per cent of the community have experienced high levels of worry and anxiety during similar pandemics.
Furthermore, a recent review referenced by the Black Dog Institute found that the potential psychological effects of quarantine include depression, PTSD symptoms, confusion, anger, boredom and loneliness. …
I have some shocking news for you: we are in a time of crisis.
Yes, of course, you already knew that. In fact, you, your company, and the entire country have made changes in order to cope with it.
But here’s what you perhaps don’t know: those changes will only keep you afloat if you’re lucky. From here on in, status quo is the enemy and changing nothing else will only take you further behind.
When navigating times of crisis such as Covid-19, it’s natural that we first try to abate negative consequences and then move to a position of maintenance. …
As many of you will know, Australia is officially going through a recession. It’s the first time our country has been in a recession since 1991, with the economy shrinking 7 per cent from April to June thanks to Covid-19.
According to data from the Australian Bureau of Statistics, this is the biggest fall since the government began keeping records in 1959. It’s a big deal.
As a result, the government has been doing all they can to stimulate the economy, support the population and our businesses. In addition to measures like JobKeeper and JobSeeker, this has also included the Cashflow Boost for Business Package which was one of the very first measures introduced by the Australian government in March of this year. …
The side hustle has become a staple for many Australians wanting to earn more money. Even before the coronavirus hit and businesses were forced to close their doors, the appeal of earning a little extra on the side has been irresistible.
Finder research from 2019 found the average Australian side-hustler earned an additional $7,300 over the course of the year.
However, over the past months, many Australians, along with much of the world’s population, have indeed found themselves struggling to make ends meet, prompting the need to find other sources of income.
The need for diversifying your income streams
As we head into ‘Isolation 2.0’, the need for a sustainable side hustle is becoming more apparent (particularly for our Victorian friends). …
The four-day work week. It’s often a topic spoken about hypothetically — or entirely dismissed due to its widely-assumed limitation on output and profit.
On the one hand, we have Australian National University’s economist, Rabee Tourky, tweeting things like, “For heaven’s sake. We need six-day work weeks to make up for lost time,” when discussing the impact of the economic fall-out of the coronavirus.
On the other hand, New Zealand Prime Minister, Jacinda Ardern, has suggested employers consider the four-day work week to help employees address their work/life balance issues to boost the economy through tourism — with productivity encouraged from the flexibility of working at home. …
First impressions count.
This universal wisdom applies with so much more consequence (or benefit, if you get it right!) when it comes to job interviews. And thanks to the new era of 2020, with remote meetings, work from home norms, and now — remote interviews, the challenge of nailing that first job interview just became that much more difficult.
How are you supposed to build rapport through the screen, show warmth, personality, demonstrate your skill and ultimate desirability for the role, while being restricted to the confines of a computer monitor? …
Those of you looking to maximise your time and work smarter, not harder, have almost definitely heard of the 80/20 rule — it’s a classic. Also known as The Pareto Principle or Pareto’s Law, this strategy is all about using your limited time and resources to complete the few tasks that achieve the largest results.
Simply put, the 80/20 rule states that 80 per cent of our results stem from 20 per cent of our actions.
It’s something that can be seen and used across all industries. 20 per cent of customers account for 80 per cent of a company’s profits. …
Ever find yourself scrolling through Instagram, comparing yourself to influencers and models, wondering how on earth they look so much younger, prettier, thinner or better in a swimsuit?
In fact, as I write this, I can hear myself thinking.. “Am I EVER happy with how I look in a swimsuit?”
Well, if this is you, you’re not alone. I’ve lost track of how often I feel this way — and it is for that very reason that “The Beauty Myth” has changed my life because it has changed the way I feel about myself, and as a result, others. …
It’s the new financial year and many Aussies are starting to look to their finances and plan, as best they can, for the year ahead.
So, this is a fantastic time to be considering one asset in particular that many Australians have been underestimating but is oh so fabulous — and that is their superannuation account.
Believe it or not, I absolutely love talking about superannuation because it’s just so important when it comes to planning your finances and future.
Unless you’re extremely wealthy already, you really need to be concerned about your superannuation and plan for it because the latter half of your life literally depends on it! …
Covid-19 has changed the world as we know it. Quarantine measures and social distancing have turned socialisation into isolation, and on the work front, hopes of climbing that pay ladder has slowly gone down the gurgler.
In the face of corporate redundancies, decreasing staff hours, and businesses shutting their doors completely, simply hanging onto your job is now a good news story.
According to the Australian Bureau of Statistics, 594,300 people lost their jobs in April alone. Another 227,000 jobs lost in May saw our unemployment rate reaching 7.1 per cent, the highest it’s been since 2001. …