We Know Next Weekly Recap: July 16th-20th

News Updates

In case you missed it, here’s what happened on We Know Next this week.

Immediately following the U.S. Supreme Court’s June 2012 decision upholding most of the health care reform law, Mercer polled more than 4,000 U.S. employers. The majority said they had been waiting for the court's decision before developing a strategy to respond to the law’s provisions slated to go into effect in 2014 and beyond. While 40 percent said they will begin taking action now that the court has ruled, another 16 percent said they will continue to wait until after the November 2012 elections.

U.S. employers take note: a majority of workers are dissatisfied with their jobs but have no plans to quit, two recent studies suggested. Just 47 percent of Americans are satisfied with their jobs, according to a report released June 27, 2012, by The Conference Board, a global, independent business membership and research association.

When Jerry Sandusky was still employed by Penn State as a football coach in 1998 and was accused of child abuse, several men—including President Graham Spanier, Senior Vice President-Finance and Business Gary Schultz, Athletic Director Timothy Curley and Head Football Coach Joe Paterno—concealed the accusation from the university board of trustees, according to a July 12, 2012, report by Louis Freeh, an attorney with Freeh Sporkin & Sullivan LLP, former judge and former director of the FBI.

Nearly one-half of organizations (46%) use virtual teams in their workplace. Roughly one-quarter of the organizations using virtual teams are U.S.-based operations (28%), while organizations with multinational operations are more than twice as likely (66%) to use virtual teams according to recent research on virtual teams by the Society for Human Resource Management (SHRM)

Do social media sites waste time, distract from work and drain a company’s resources? While some business leaders and journalists have answered those questions in the affirmative, others have asserted that social media has become absolutely essential to conducting business in the digital age. The debate and discussions on this topic naturally grabbed the attention of people at Google, so they commissioned a study with the London-based marketing and research group Millward Brown to examine just how social media is used in business today.

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