How to Hire for Emotional Intelligence | Young, rich workers are fleeing New York and California—here's where they're going | Sam Bankman-Fried's parents are accused of siphoning millions of dollars from FTX

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How to Hire for Emotional Intelligence - Harvard Business Review

We know from research (and common sense) that people who understand and manage their own and others’ emotions make better leaders. They are able to deal with stress, overcome obstacles, and inspire others to work toward collective goals. They manage conflict with less fallout and build stronger teams. And they are generally happier at work, too. But far too many managers lack basic self-awareness and social skills. They don’t recognize the impact of their own feelings and moods. They are less adaptable than they need to be in today’s fast-paced world. And they don’t demonstrate basic empathy for others: they don’t understand people’s needs, which means they are unable to meet those needs or inspire people to act.

One of the reasons we see far too little emotional intelligence in the workplace is that we don’t hire for it. We hire for pedigree. We look for where someone went to school, high grades and test scores, technical skills, and certifications, not whether they build great teams or get along with others. And how smart we think someone is matters a lot, so we hire for intellect.

Obviously we need smart, experienced people in our companies, but we also need people who are adept at dealing with change, understand and motivate others, and manage both positive and negative emotions to create an environment where everyone can be at their best. The problem is that we struggle to assess EI when hiring (even when we spend a fortune on personality tests and search firms) and we’re never taught how. But you actually can hire for emotional intelligence — and it doesn’t have to cost an arm and a leg. If you want to begin, start with these dos and don’ts.

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Want to accelerate software development at your company? See how we can help.

NUS School of Computing - Analytics from Data to Insights Programme

Truein

Young, rich workers are fleeing New York and California—here's where they're going - CNBC

Florida might be known as a retirement destination, but it's attracting plenty of young â and wealthy â newcomers. Florida is the No. 1 state bringing in and keeping the young and rich, according to a recent analysis from SmartAsset, which ranked states based on net migration.

The financial site determined the states netting the most young professionals, ages 26 to 35, who earn at least $200,000 per year in adjusted gross income, based on the most recent publicly available IRS numbers from 2021.

That year, some 3,391 high-earning young people moved to Florida; 1,216 left, leaving the state with a net migration of 2,175 wealthy young people, as determined by SmartAsset.

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Want to accelerate software development at your company? See how we can help.

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Truein

Sam Bankman-Fried's parents are accused of siphoning millions of dollars from FTX - Business Insider

Lawyers for FTX Trading have filed a lawsuit accusing the parents of its founder, Sam Bankman-Fried, of exploiting their influence over their son to siphon millions of dollars from the company, while spending lavishly on a luxury home in the Bahamas and funneling contributions to their "pet causes" and Stanford University.

The complaint filed Monday against SBF's parents, Barbara Fried and Allan Joseph Bankman, in the collapsed cryptocurrency exchange's bankruptcy case in Delaware seeks to recover the company's damages that the company allegedly caused.

FTX entered bankruptcy in November when the global exchange ran out of money after the equivalent of a bank run.

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Want to accelerate software development at your company? See how we can help.

NUS School of Computing - Analytics from Data to Insights Programme

Truein

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