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Are Tech Workers Fleeing Silicon Valley? Here s What the Data Shows – The New Stack

CNBC recently reported that California has the world’s fifth-largest economy (based on figures from the U.S. Department of Commerce). And they add that in 2019 the state saw $65.6 billion in venture capital (VC investment money), “by far the highest of any state.” But another CNBC article cites predictions that Silicon Valley’s share of VC investments will drop below 20% for the first time this year the continuation of a slow decline that’s been happening since 2014. And there’s also recently been news stories about an “exodus” of tech workers from Silicon Valley proving the old truth that what’s happening depends on which data set you’re looking at.

5 Ways Leaders Can Prepare for the 2021 Workplace, According to LinkedIn Execs

Getty Images As the business world heads into 2021 with great optimism, a cloud of uncertainty remains hanging over the heads of many leaders. Execs are faced with two different realities: a pre-vaccine world of remote work and a post-vaccine world of figuring out how to safely engage with employees, job candidates, and customers.  To help business leaders better prepare, some of LinkedIn s top executives have started to reimagine what this new world of work will look like in 2021 and beyond. 1. Don t let location limit hiring efforts. As remote work becomes more widely accepted, landing a job won t and shouldn t be dependent on where talent lives. LinkedIn s chief economist, Karin Kimbrough,writes that as remote work becomes more mainstream, we will see a democratization of opportunity and spread of skills across the country. Workers who may not have had the means or desire to move to high cost-of-living areas will have access to new jobs, and companies will have acces

Future of work: Five new features of your remote workplace in 2021

Technology is combined with leadership to aid wellbeing With office spaces being rethought around the notion that employees will be working from home some – or even most – of the time, businesses will need to think about how they can recapture some of the benefits that come with having a shared space to collaborate and communicate. Fiona Camenzuli, people and organization leader at PwC, says that businesses will need to find intuitive ways of combining technology with empathetic leadership skills, not just to bolster productivity, but to counteract the isolating effects of working from home long-term, which have been well-documented throughout 2020.

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